BlackRock (BLK.N) Chief Executive Larry Fink warned company boards to step up efforts to tackle climate change, a significant shift by the world’s top asset manager as it faces mounting concerns about its fossil fuel investments. In his annual letter to CEOs posted on...
The Saudi oil giant has netted an additional $3.8bn from its record initial public offering Saudi Aramco said it netted an additional $3.8bn from its record initial public offering as it sold more shares to meet investor demand, boosting Crown Prince Mohammed bin...
Five Arrows Secondary Opportunities V has exceeded its initial target of €700m Rothschild & Co has raised €1bn for its latest fund focusing on general partner-led deals in the European small and mid-market. Five Arrows Secondary Opportunities V has exceeded its...
The Abu Dhabi Investment Authority is preparing to sell around $2 billion of its stakes in private-equity funds, amid an increasing push toward direct investments by the sovereign wealth fund, people familiar with the matter said. ADIA is working with advisers at PJT...
Buyout groups compete with Finland’s Kone for one of the world’s biggest elevator makers What the lifts business lacks in stardust, it makes up for in size. And for lawyers, private equity executives and bankers, the industry will prove far from humdrum in the next... 