Ex-Goldman Banker’s Little M&A Shop Is Having a Breakout Moment

Ex-Goldman Banker’s Little M&A Shop Is Having a Breakout Moment

When Chris Cole walked away from his post as one of Goldman Sachs Group Inc.’s top investment bankers back in 2016 to co-found a small advisory firm, it wasn’t the best moment. The business his new firm would specialize in — transactions in the financial...
World Bank’s pandemic bonds sink as coronavirus spreads

World Bank’s pandemic bonds sink as coronavirus spreads

Investors dump debt designed to pay out when developing nations face serious outbreaks Investors are betting that a special pandemic bond issued by the World Bank will pay out relief funds to countries affected by the coronavirus, as the death toll from the outbreak...
Private equity firms switch to bulk hires for portfolio companies

Private equity firms switch to bulk hires for portfolio companies

Firms in the US and UK are hiring groups of people in one joined-up round of recruiting Private equity firms are hiring between five to 15 executives on average in one go for their portfolio companies, moving away from individual recruitment strategies, according to...
How Private Equity Became a Beta Play

How Private Equity Became a Beta Play

All the numbers point to private equity and venture capital being at a peak. But it’s not for the reasons many think, according to McKinsey. Institutions once invested in private equity for the potential to earn higher returns than other asset classes, and the...