Welsh Carson Targets $5bn for New Buyout Fund

Welsh Carson Targets $5bn for New Buyout Fund

Welsh Carson Anderson & Stowe is back on the fundraising trail with a goal of collecting at least $5bn to invest in healthcare and technology companies, Connecticut Retirement Plans and Trust Funds documents show. The firm hasn’t set an upper limit for the latest...
Asset manager Pimco joins song copyright investment frenzy

Asset manager Pimco joins song copyright investment frenzy

The US asset manager Pimco has teamed up with BMG to acquire music catalogues, according to people familiar with the matter, the latest large investor to wade into the frenzy for song copyrights. BMG, one of the world’s largest music companies, last year agreed a...