Private Equity Might Be Going Downscale. Should You Invest?

As the SEC considers allowing the masses to invest in private-equity funds, here’s what to know A bigger world of investing could soon open up for small investors. The Securities and Exchange Commission is considering allowing the masses to invest in private-equity...

KKR closes European fund at record €5.8bn

The company will invest $400m from its own balance sheet and as employees’ commitments The US giant buyout group KKR has closed its €5.8bn flagship fund focused on transactions in western Europe. European Fund V, launched in February 2018 with an initial €5bn target,...

Uncertain times in Europe put a damper on PE multiples

UNCERTAIN TIMES IN EUROPE PUT A DAMPER ON PE MULTIPLES Concerns around Europe’s economic outlook are among the factors behind a drop-off in European multiples over the past two quarters, bringing an end to a three-year run of rising valuations, according to...

NetEase Unit Will Test Appetite for Chinese IPOs in U.S.

NetEase Inc.’s online education arm, Youdao Inc., begins trading on the New York Stock Exchange on Friday in what is set to be a test of appetite for U.S. initial public offerings by Chinese companies after poor performance this year. Youdao priced its IPO at $17 a...

Blackstone extends deadline for Unizo offer to November 6

U.S. buyout firm Blackstone Group said on Monday it had extended the deadline for its offer to buy hotel operator Unizo Holdings to Nov. 6 from Monday. Blackstone said the extension was “to provide additional time” for Unizo to respond to the offer. The firm had told...