Activist investors have worked hard to improve their image over the past few years. The hooligans of corporate America have swapped saber-rattling for soft power and found that there is still money to be made. Take Starboard Value. The hedge fund sounded loved up last...
Kone Oyj handed in the highest offer for Thyssenkrupp AG’s elevator business, as the Finnish company tries to outbid buyout firms by a wide enough margin to overcome antitrust concerns, people with knowledge of the matter said. Kone, which has teamed up with CVC...
European private equity firm Hg is planning to raise its biggest-ever pool of capital, as it gears up to seek about $4 billion for a new buyout fund, people with knowledge of the matter said. The investment firm is making early preparations for the fund, known as...
John Zito will become deputy CIO, as the private equity firm’s largest business looks to grow. John Zito, co-head of Apollo’s global corporate credit division, is taking on the additional roles of senior partner and deputy chief investment officer of the $200 billion...
Last year was a record year when it came to asset and wealth management tie-ups, according to PwC — and M&A activity isn’t expected to slow down. Asset managers are increasingly turned to mergers and acquisitions in an attempt to solve the problem of slowing...
