Private Equity
2 min read · 23 May 2012
4 min read · 21 May 2012
Across the increasingly competitive fundraising landscape, private equity fund of funds firms are having a tough go of it, attracting a shrinking share of the overall private equity pie.
5 min read · 21 May 2012
Elevation Partners, the private equity firm that famously counts Irish rock star Bono among its co-founders, sold 5.2 million of its Facebook shares (or 13% of its stake) for $198 million as part of Facebook’s IPO on Friday.
2 min read · 19 May 2012
Twenty billion dollars is a heck of a lot of money. That's how much Mark Zuckerberg, Facebook's founder and chief executive, is worth now that Facebook has priced its initial public offering at $38 per share. But just how much dough is $20 billion these days? Here are a few ways to think about it...
2 min read · 17 May 2012
3 min read · 15 May 2012
3 min read · 14 May 2012
3 min read · 10 May 2012
The New York City Comptroller's Bureau of Asset Management, which oversees $122 billion across the city’s five main public pension funds, has committed $600 million to Apollo Global Management and $250 million to Golden Tree Asset Management as part of separate managed accounts that will focus on opportunistic credit strategies.
3 min read · 10 May 2012
3 min read · 09 May 2012