Private equity firms are bracing for a downturn and putting in safeguards to limit their downside risk. “Every one of our clients is focused on being prepared for a recession,” Alison Mass, Goldman Sachs Group Inc.’s chairman of investment banking, said Tuesday in a...
Private equity firm taps Egon Durban and Greg Mondre as new Co-CEOs Silver Lake is rejiggering its top leadership ranks, elevating two long-time executives to lead the firm as it enters a new chapter in its growth. The firm, which has been run since 2011 by four...
Saudi Aramco’s initial public offering has drawn total bids of 166 billion Saudi riyals ($44.3 billion) so far from institutional and retail investors, about 1.7 times the amount the government is seeking to raise. In the retail tranche, where final bids were due last...
Financial News presents its second annual list of the top dealmakers, investors, advisers and business leaders in Europe’s private equity industry Financial News’s second annual list of the 50 most influential people in European private equity is...
Billionaire Jack Ma’s Ant Financial is planning to raise about $1 billion for a fund that will invest in startups from Southeast Asia to India and help strengthen its foothold in fast-growing mobile internet markets, a person familiar with the matter said. The...
