Goldman Sachs GQG fund cuts Russian exposure to $222m

Goldman Sachs GQG fund cuts Russian exposure to $222m

Goldman Sachs Asset Management has reduced the Russian exposure in its GQG international equity fund to about $222m, according to a statement and a spokesperson, down from over $1.7bn six months ago. The Goldman Sachs GQG Partners International Opportunities Fund was...
Carlyle plans to acquire 10% in Yes Bank for $500-600m

Carlyle plans to acquire 10% in Yes Bank for $500-600m

Private equity group Carlyle is considering a $500-600m investment in Yes Bank along with peer Advent International, according to people in the know. The lender is in talks with the private equity (PE) investors to raise $1-1.5bn of growth capital to further bolster...