The company has invested in a number of well-known fintechs, including Revolut and Robinhood The venture investor Index Ventures has secured a fresh $2bn in capital amid fears over a fundraising freeze for tech start-ups. The money will be split into two funds, with...
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has accumulated stakes in four major European oil companies, a source familiar with the transaction said. The four are Royal Dutch Shell, France’s Total, Norway’s Equinor and Italy’s Eni, the...
Legendary short-seller Jim Chanos said he’s troubled that private equity is seeking financial aid from the federal government due to the economic impact of the coronavirus epidemic. “‘I’m a little bemused, puzzled and somewhat outraged, I guess, that private equity...
Billionaire Nelson Peltz’s Trian Partners Ltd. saw its portfolio of investments decline by more than 16% in March as the coronavirus pandemic took hold and the market sell-off accelerated. Those losses add up to almost a 25% decline in its investments this year...
The coronavirus outbreak has already caused a slowdown in mergers and acquisitions, and the unprecedented nature of the global crisis means executives don’t know how long the calamity will last—or how bad it will get. For now, many dealmakers are forgoing... 