Growth equity booms as investors embrace private markets

Growth equity booms as investors embrace private markets

Growth equity has become one of the hottest corners of the private capital industry, as ever-larger companies eschew public markets and find strong demand among investors desperate for higher-returning bets. The investment strategy has long existed as a vibrant yet...
Carsome said to have raised $300m from Temasek-backed fund

Carsome said to have raised $300m from Temasek-backed fund

Carsome Group, which operates a Southeast Asian used-car online marketplace, has raised almost $300m in a financing round led by funds linked to Temasek Holdings Pte Ltd and Qatar’s sovereign wealth fund, according to people with knowledge of the matter. 65 Equity...
John Legend Sells Music Catalog to KKR and BMG

John Legend Sells Music Catalog to KKR and BMG

John Legend joined the growing list of superstars cashing in on the boom market for music rights, selling a catalog dating back to his first album to an alliance of KKR & Co. and BMG. The songwriter and performer sold both the copyrights as well as the rights to...