Apollo takes stake in Mubadala Capital as investors commit USD 5 billion
The US asset manager will become a minority shareholder as Mubadala Capital seeks to broaden its investor base and expand its global alternatives business...
Tag : private equity
Nvidia-backed data centre firm Firmus seeks up to USD 3 billion after scrapping IPO
Firmus withdrew its IPO application on the Australian Securities Exchange on Friday, citing market volatility and prevailing conditions...
Hackers dial Wall Street as ‘Vishing Wave’ hits private equity giants
A single extortion crew hiding behind four brand names used phone calls and fake passkey portals to hunt the Wall Street's financial giants...
Blackstone raises USD 13.1 billion for its Asia fund, exceeds target
Blackstone, while targeting USD 10 billion for the Blackstone Capital Partners Asia III, raised more than double the amount of its previous investment vehicle...
JPMorgan to offload exposure to USD 4 billion in private equity-linked loans
JPMorgan is in talks with investors over a transaction that would allow it to transfer risk tied to 'net asset value loans' backed by private equity fund assets...
A decade of debt expansion
The combination of higher yields, bespoke terms and less oversight makes private credit very attractive...
High interest rates: PE’s biggest challenge?
In the United States, private equity firms have created 12 million jobs and contributed 6.5% to the GDP, amounting to $1.4 trillion...
Private Equity fund manager Ascent finalises $100 mn funds for SME in East Africa
The investor will primarily target minority and majority acquisitions for amounts between $4 mn and $15 mn...
Over 90% of private equity firms believe AI will disrupt the sector by 2024
According to the research, private equity firms are acutely aware of the impact digital innovation will have on their sector, particularly in the areas of AI and blockchain...
Best practices for a lucrative private equity exit
Private Equity exits have become challenging. But they can be lucrative and valuable if PE firms can stick to these three best practices suggested by McKinsey & Co....