Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves.
Category: Private Equity
-
Investors Warn of ‘Rot in Private Equity’ as Funds Strike Circular Deals
Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves.
-
Private Equity, Saddled With Investments It Can’t Sell, Loses Its Luster
As funds deliver mediocre returns and sheds investors, the industry is struggling to unload 31,000 investments, an increase over this time last year.
-
Riding a High, Deal Makers Grow Bullish on 2026
It was a comeback year for I.P.O.s. and mergers and acquisitions. Wall Street is optimistic that the winning streak will continue.
-
Jared Kushner’s Affinity Partners Pulls Out of Bid for Warner Bros. Discovery
Affinity Partners, Mr. Kushner’s private equity firm, played a small financial role in Paramount’s $108 billion offer, but it had attracted political attention to the deal.
-
Arthur L. Carter, 93, Dies; Investment Banker Founded a Cheeky Newspaper
After making a fortune on Wall Street, he bought The Nation magazine and founded The New York Observer, which one writer called a “maypole of Manhattan gossip and intrigue.”
-
Saudi Arabia, Once Shunned, Has Corporate Titans Swooning for Deals
Some of the most prominent U.S. executives gathered at the Kennedy Center for an event promoting deal-making with the oil-rich kingdom.
-
Saudi Arabia’s Prince Has Big Plans, but His Giant Fund Is Low on Cash
After nearly a decade of expensive, hit-and-miss investments, Mohammed bin Salman is overseeing a behind-the-scenes restructuring of the kingdom’s all-important wealth fund.
-
A BlackRock-Backed Roofing Conglomerate Goes Bust
Investment firms are buying and bundling contractors, leaving some workers and customers worse off.
-
A MAGA Senator Promised Hope for a Dying Ohio Mill. Then Reality Set In.
The town’s unionized workers wanted to believe that there was something better than what private equity owners had offered.
-
Starbucks to Sell 60% of Its China Business to a Private Equity Firm
Boyu Capital will pay $4 billion for a stake in the coffee giant’s 8,000 stores in China.
-
How A.I. Is Transforming Dating Apps
Meet your artificial intelligence matchmakers. These A.I. tools are changing dating apps, so users don’t have to swipe through an endless scroll of profiles.