Sovereign Funds Pile Into Venture Capital Investments in 2020

Sovereign wealth funds have participated in $17 billion of venture capital deals so far this year, already more than the entirety of 2019, as their appetite for long-term investment appears undimmed by the coronavirus outbreak. The investments are against a backdrop...
BlackRock’s alternatives chief has $23 billion war chest

BlackRock’s alternatives chief has $23 billion war chest

Jim Barry is in fighting spirits even as the ferocious market rebound drains his pool of cheap investible assets. The chief investment officer at BlackRock Inc.’s alternative investment unit is looking to deploy some of his $23 billion cash war chest on...

Analysis: Should private equity access US pension plans?

In a controversial move, the Trump administration has granted PE firms access to $5.6 trillion in pension money.   President Trump continued his four-year endeavour to shake up American systems by making private equity funds eligible for investment by 401(k)...
Coronavirus Pandemic Drags Global M&A to Lowest Level Since 2012

Coronavirus Pandemic Drags Global M&A to Lowest Level Since 2012

The value of mergers and acquisitions fell 50% in the first half from the year-earlier period to the lowest level since the depths of the euro-zone debt crisis, as the coronavirus pandemic brought global dealmaking to an abrupt halt. Every region was hit by the...
Apollo Makes Rare Move in Latest Deal After Outbidding Buffett

Apollo Makes Rare Move in Latest Deal After Outbidding Buffett

For the better part of a decade, private equity firms layered increasing amounts of leverage onto buyouts in a bid to amp up their returns. Tech Data Corp. appears to be one of the exceptions. Apollo Global Management Inc.’s $6 billion take-private of the distributor...