Private equity funds tend to report their highest values around the same time that managers start fundraising – but research shows there could be an honest explanation. If a private equity fund’s reported value peaks right when the general partner is raising a new...
Other top shareholders also want chairman to change but not immediately The desire for regime change has hardened since Deutsche abandoned merger talks with Commerzbank in April, these people said, scuppering the plans of Cerberus, which is Deutsche’s third-largest...
This week, US private equity toppled a record. Domestic funds have now raised more capital in 2019 than any other year before. Brookfield closed its fifth flagship PE fund on $9 billion on Monday, tipping US totals into the all-time-high territory. (Though the firm is...
Harvard University’s $40.9 billion endowment plans to boost investments in buyout funds and venture capital—alternative assets that can produce higher returns but are riskier because they’re more illiquid than stocks and bonds. N.P. “Narv” Narvekar, chief executive...
The amount of money invested in the four largest venture capital megadeals in Spain surpassed €4bn in equity as of the end of September, according to Capital & Corporate. The figure, alongside the 22 large operations that reached €100M by September, confirm the...