Briefing: COVID-19 crisis shines light on private equity tech

Briefing: COVID-19 crisis shines light on private equity tech

It was five years ago that Partners Group’s disaster-recovery team began preparing for a crisis like the one that would shut down all but four of its 20 offices by the end of March. ● Lockdowns put buyout firms’ tech under strain● Buyout industry’s rapid growth drives...
Blackstone’s Soho China Investment Discussions Have Stalled

Blackstone’s Soho China Investment Discussions Have Stalled

Blackstone Group Inc.’s talks about a potential investment in Chinese property developer Soho China Ltd. have stalled, people with knowledge of the matter said. The private equity firm’s discussions are no longer progressing after the coronavirus outbreak made it...
Dealmaking in April Drops to Lowest Point Since 2004

Dealmaking in April Drops to Lowest Point Since 2004

April was the worst month for deals globally since 2004, with a smaller volume announced even than during the financial crisis. April Deals Dive Monthly global M&A volume and investment hit its lowest mark since 2004 Mergers, acquisitions and related investments...
Silver Lake Follows Facebook’s Bet on Ambani’s Reliance Jio

Silver Lake Follows Facebook’s Bet on Ambani’s Reliance Jio

Reliance Industries Ltd. said Silver Lake Partners will invest about $753 million in its digital unit, days after Facebook Inc. agreed to invest in the business, boosting the efforts of Asia’s richest man to cut debt at his conglomerate. The investment by the...