Kuwait wealth fund’s London arm manages $250bn in assets

Kuwait wealth fund’s London arm manages $250bn in assets

The Kuwait Investment Office’s AUM grew from $27bn in 2003 to $250bn this year. The London arm of Kuwait Investment Authority, which manages the country’s sovereign wealth fund, has $250bn of assets under management, KIA Chairman Saad Al Barrak said. The Kuwait...
Goldman Sachs enters final stage of GreenSky sale

Goldman Sachs enters final stage of GreenSky sale

Goldman Sachs’ proposed sale of FinTech lender GreenSky is reportedly entering its final stages, with bidders asked to place their best and final offers. US private equity company Apollo Global Management, investment firm Sixth Street, and the AI fintech Pagaya...
Searchlight acquires Gresham House for £470m

Searchlight acquires Gresham House for £470m

(Alliance News) – Gresham House on Wednesday said that its shareholders approved the planned takeover by US-based private equity and debt investor Searchlight Capital Partners. The takeover is still subject to certain conditions, such as the court’s...