Steve Schwarzman, the boss of heavyweight private equity investment firm Blackstone Group, believes the recovery from COVID-19 will be gradual but V-shaped. A so-called “V-shaped” recovery assumes a gradual recovery without any setbacks whatsoever. In an interview...
The block deal was carried at a discount of 4.47%, as the transaction value was at Rs341 per piece. On Thursday, the Embassy Office Parks REIT stock was performing broadly in green after a massive block deal where its promoter Blackstone Group offloaded their...
Billionaire investor Bill Ackman’s hedge fund is planning to raise $3 billion from the public in a bet on the boom in blank check mergers. The initial public offering for Pershing Square Tontine Holdings would be the largest-ever for a so-called special purpose...
The onset of the coronavirus crisis shook up the oil and gas industry, causing many private equity players to reevaluate their roles in the space. But that hasn’t stopped a group of deep-pocketed investors from lining up one of the biggest energy deals in recent...
Epidarex Capital has closed a new fund destined to help build successful new life sciences companies in the UK at £102 million. The Epidarex Capital III UK LP fund will build new life science companies “based on world-class research and innovation from emerging... 