EQT Executives Weigh a Buyout of $4.3 Billion Credit Arm

EQT Executives Weigh a Buyout of $4.3 Billion Credit Arm

Top executives at Swedish private equity firm EQT AB’s credit unit are considering a management buyout of the business, according to people with knowledge of the matter. Senior management of the division have reached out to potential financial backers to gauge their...
Top UK pension scheme threatens managers over climate risk

Top UK pension scheme threatens managers over climate risk

Brunel toughens stance and says it will fire funds if they fail to reduce exposure One of Britain’s largest pension schemes has given its 130 asset managers a two-year deadline to reduce their exposure to climate change or risk being fired. Brunel Pension Partnership,...
Why Private Equity Firms Are Not The Same Today As 10 Years Ago

Why Private Equity Firms Are Not The Same Today As 10 Years Ago

The landscape for private equity has undergone a dramatic change during the past decade. As the role of private equity has shifted, so, too, have people’s understandings of private equity and how it works. An article in Institutional Investor cited an EY report that...
Ukraine sells €1.25bn of new debt at record-low borrowing costs

Ukraine sells €1.25bn of new debt at record-low borrowing costs

Country capitalises on optimism over president Volodymyr Zelensky’s reform programme Ukraine has sold €1.25bn of new debt at record-low borrowing costs, capitalising on a rush of optimism over the country’s reform programme less than five years after it imposed heavy...
Carlyle-Owned U.K. Cab Firm Addison Lee Rescued By Lenders

Carlyle-Owned U.K. Cab Firm Addison Lee Rescued By Lenders

A group of lenders to British cab operator Addison Lee agreed to a rescue package that will hand them control of the troubled firm, according to a person familiar with the situation. Creditors will provide 45 million pounds ($59 million) of fresh funds and refinance...