Blackstone Group Inc. and Apollo Global Management Inc. delivered a simple message to Wall Street’s main regulator Tuesday: Private equity is stomping public markets, meaning mom-and-pop investors will endure inferior returns as long as rules keep them out. Speaking...
Visa Inc. grew into one of the world’s most valuable financial companies by serving as the pipes that help connect banks and merchants. Now, it’s making a major bet on doing the same for data between banks and financial startups. Visa agreed to pay $5.3 billion for...
Blackstone owned more than 300,000 residential units worldwide as of last June Blackstone Group is cashing out of another residential real-estate investment. The asset management firm, together with its joint venture partner Round Hill Capital, has agreed to sell a...
Sunderland AFC said it has started a process to sell the U.K. soccer team, just days after a coordinated fan backlash against its current owner. The board of Sunderland feels it has “no option but to sell the club” after a recent fan campaign asking for insurance...
Private equity firm Insight Partners said Thursday it will acquire data management company Veeam in a deal valued at $5 billion that will move the Swiss software maker’s headquarters to the United States and install a new executive team as it pivots into a new market....
