The Carlyle Group and Apollo Global Management both returned to profitability in the second quarter of the year, with double-digit appreciation in the firms’ private equity portfolios keying a rebound from massive first-quarter losses that came after the...
The secondaries market has been flooded with record levels of cash, as investors sought to capitalize on what they see as a buyer’s market for private equity stakes. According to Preqin, a provider of private markets data, the 11 secondaries funds that closed in the...
I: Private equity fund Advent International has agreed to buy a controlling stake in Hyderabad-based API manufacturer Ra Chem Pharma from its parent Bangalore-based Micro Labs in a deal valuing the company for about Rs 1300 crore, said multiple people aware of the...
European venture capital (VC) deal value registered the third largest quarterly figure on record in Q2, an incredible achievement amid widespread economic uncertainty, according to data released by PitchBook. Pitchbook’s Q2 2020 European Venture Report reveals...
Buyout firm Apollo Global Management Inc said on Thursday its second-quarter distributable earnings fell 11% on-year, weighed down by slower asset sales in its private equity and real estate businesses. Apollo said distributable earnings (DE) – the cash... 