Private equity firms are drawing political fire on the campaign trail and on Capitol Hill, where lawmakers on Tuesday sparred over whether new rules are needed to contend with the investment vehicles’ growing role in the U.S. economy. Buyout firms managed as...
Elizabeth Warren called out Blackstone Group Inc. for its real estate practices as she laid out her tenants’ rights plan, accusing the company of “shamelessly” profiting from the 2008 housing crisis. Her criticism on Monday was the latest instance of the Democratic...
The fundraising completes a busy week for European venture capital investors Northzone, the venture capital business specialising in European technology investments, has closed its largest fund to date at $500m. The fund will invest the money in early-stage tech firms...
Saudi Aramco set a valuation target for its initial public offering well below Crown Prince Mohammed bin Salman’s goal of $2 trillion and pared back the size of the sale after the government decided to make the deal an almost exclusively Saudi affair. The initial...
Norway has always said its sovereign wealth fund belongs to the people. But recently, that’s needed a bit of clarification. Since hitting a record 10 trillion kroner ($1.1 trillion) last month, the fund has noticed an uptick in inquiries from Norwegians wondering... 