Investcorp, a Bahrain-headquartered global alternative investment manager, has announced the first closing at $275 million, of its Asia food brands private equity platform. The platform is jointly owned and managed by Investcorp, China Resources, one of the...
Blackstone Group Inc said on Monday it would invest $2 billion in Alnylam Pharmaceuticals Inc through an equity-and-debt deal, giving the drugmaker a financial boost without tapping into currently volatile stock markets for funds. Alnylam is the first drugmaker to win...
Apollo Global Management Inc.’s flagship credit hedge fund is scoring gains this year at a time when most of its rivals are nursing losses from the markets meltdown. The $3 billion Apollo Credit Strategies Fund run by John Zito was up about 6% through the week ended...
Private equity firms Quantum Energy Partners and NGP Energy Capital are asking a Texas regulator to help oil producers struggling with low crude prices in the coronavirus pandemic. In separate letters this month to the Railroad Commission of Texas,...
Private equity has often found it tough to invest its $1.3 trillion of committed capital in technology companies. For all of their desire to get into the game, tech’s bubbly valuations meant private equity investors often couldn’t justify writing big checks, and some... 