“Hedge funds are certainly looking to capitalize on the enthusiasm for private equity,” says an EY partner. Two Sigma, one of the world’s largest quantitative hedge fund managers, has raised $1.2 billion for its new private equity unit, Sightway Capital. Sightway...
The private equity boom has reached a level where investors are paying a premium for stakes in buyout funds managed by the industry’s biggest beasts, deploying billions of dollars into a hot market despite a mounting political backlash. Investors such as endowments,...
Travis Kalanick sold about 20% of his stake in Uber Technologies Inc. last week. Kalanick, 43, a director at the ride-hailing company, sold 20.3 million shares worth about $547 million that were held in a trust, according to a regulatory filing on Friday. The trades...
Private equity Apollo Global Management (APO.N) said on Wednesday it had agreed to acquire U.S. information technology equipment distributor Tech Data (TECD.O) in a deal valued at $5.4 billion. Excluding debt, the deal is valued at about $4.77 billion, according to...
EQT Partners AB, the Nordic buyout firm, is set to raise as much as 650 million euros ($716 million) for its latest venture fund, adding to the growing number of sizable European-based pots of capital chasing investments in startups. Stockholm-based EQT Ventures could...
