Brunel toughens stance and says it will fire funds if they fail to reduce exposure One of Britain’s largest pension schemes has given its 130 asset managers a two-year deadline to reduce their exposure to climate change or risk being fired. Brunel Pension Partnership,...
The landscape for private equity has undergone a dramatic change during the past decade. As the role of private equity has shifted, so, too, have people’s understandings of private equity and how it works. An article in Institutional Investor cited an EY report that...
Country capitalises on optimism over president Volodymyr Zelensky’s reform programme Ukraine has sold €1.25bn of new debt at record-low borrowing costs, capitalising on a rush of optimism over the country’s reform programme less than five years after it imposed heavy...
A group of lenders to British cab operator Addison Lee agreed to a rescue package that will hand them control of the troubled firm, according to a person familiar with the situation. Creditors will provide 45 million pounds ($59 million) of fresh funds and refinance...
Online mattress retailer Casper Sleep Inc. plans to raise as much as $159 million in its initial public offering, setting up a test of investor appetite for pioneering firms whose losses have grown with their revenue. The New York-based company said in a filing Monday... 