Business
Blackstone, Vanguard, Wellington to launch private markets fund
Traditional asset managers have been seeking ways to move beyond stock and bond funds into higher-margin businesses, including private…
Tag
Private
Business
Geely plans bid to take Zeekr private at value of US$6.4 billion
The proposal would see Geely buy all shares in US-listed Zeekr Intelligent Technology Holding that it does not already own for US$2.566…
Politics
Elon Musk Tried Keeping Issues at His Texas Mansion Private, Emails Show
Few people want beefs with their neighbors to become public. That includes Elon Musk. In March, Mr. Musk’s team lobbied officials in the…
Business
Citigroup to partner with Swiss bourse in private markets push
Citigroup is partnering with Switzerland’s stock exchange SIX Group as part of a push by the Wall Street lender to make it easier for…
Business
Why a US-listed video game firm is paying a premium to take Ban Leong private
For over 30 years, one little-known wholesaler and distributor of technology products – including IT accessories, gaming components and…
News
U.S. Prosecutors Accuse Large Insurers of Paying Kickbacks for Private Medicare Plans
The Justice Department on Thursday accused three of the nation’s largest health insurers of paying hundreds of millions of dollars in…
Business
Morgan Stanley offers private equity fund to wider swath of millionaires
Morgan Stanley is launching a private equity fund for its widest audience yet – investors wielding a few million US dollars – as asset…
Business
Chinese sovereign fund CIC to sell US$1 billion of US private equity investments: sources
Chinese sovereign investor China Investment Corporation (CIC) is selling about US$1 billion of its private equity (PE) investment…
Business
Hwa Hong, Wing Tai, Teo family consortium launches bid to take Amara private at S$0.895 a share
Amara on Monday (Apr 28) received a voluntary conditional general offer at S$0.895 per share from a consortium led by property company Hwa…
News
Biden dogged by protesters, gaffes, ice cream fail at private Harvard event
Former President Joseph R. Biden's under-the-radar visit to Harvard University might not have gone as well as expected, thanks to…
Business
Blackstone's Q1 profit beats on robust private equity, credit performance
Blackstone reported a higher-than-expected profit for the first quarter on Thursday (Apr 17), driven by proceeds from asset sales across…
Business
Tariff-fuelled volatility killing private equity optimism as deal flows squeezed
In just three months, private equity markets’ initial optimism for a busier year has largely dissipated. Instead, the turmoil unleashed on…
Business
Industry players see room for private credit market to grow in South-east Asia
Private credit funds, where investors pool their capital to enable the fund manager to provide loans to companies, are seeing greater…
Business
Asia, Europe, gold, private markets: Where investors can seek refuge as US exceptionalism is cast into doubt
The turmoil and volatility in global financial markets, where trillions of dollars were wiped off US equities since “Liberation Day”, are…
Business
Exits to remain tough for South-east Asia private equity despite uptick in 2024
Private equity (PE) enjoyed upticks in deal value and number of exits in 2024, but the exit environment remains tough, a report by…
Politics
Malaysia’s Khazanah says hard to exit private assets right now
Trump’s administration has imposed a 24 per cent levy on imports from Malaysia as part of broader measures by the US to counter what it…
News
Friends book "private villa," unexpected guest arrives at 6:00 a.m.
A relaxing holiday swim turned into a moment of shock for two Australian friends in Bali when, in a TikTok video, they discovered the…
Business
Goldman is opening up private equity deals to rich individuals
Goldman Sachs Group is expanding its private equity offering to wealthy individuals across Wall Street and beyond, in the latest sign of…
Politics
Federal tax credit could steer $10 billion to private school scholarships
Nonprofit agencies that dispense private school scholarships to low-income families say they expect Congress to pass tax credit…
Business
European private equity company Inflexion opens Singapore office
Move includes hiring a managing director for investor relations focusing on Asia-Pacific London-based private equity company Inflexion is…
Business
Retail investors likely to face higher fees and less transparency in private market funds
Market players welcome MAS proposal, which will give retail investors more options to invest in the fast-growing private assets market…
Business
MAS seeks feedback on proposals giving retail investors access to private market assets
The move signals a broadening of access to such illiquid investments beyond wealthy individuals Retail investors in Singapore may soon be…
Business
BlackRock’s head of Asia-Pacific private credit Celia Yan to leave firm
Her team has deployed over US$200 million in 2024, over US$1.8 billion historically and been able to generate a 16 per cent gross internal…
Business
Insurers brace for inflation, shift towards private assets: Goldman Sachs survey
While inflation remains a pressing concern for most insurers, their appetite for private assets remains robust. Despite the economic…