Private Equity
The issues were primarily with Prospect's decision to close three facilities in Texas and its management of several hospitals in Connecticut.
5 min read · 24 April 2020
Governments, banks and PE firms need to support portfolio companies during the health crisis, the buyout giant's chief executive said on a Q1 earnings call on Friday.
3 min read · 24 April 2020
Fundraising went well for Blackstone, which managed to raise $27 billion in the first quarter, with $12 billion of that in March during the intense market decline.
2 min read · 23 April 2020
The firm received net inflows of $27bn, including almost $5bn in the last two weeks of March for its latest core private equity fund, according to its earnings announcement Thursday.
3 min read · 23 April 2020
How private equity firms disclose pay to in-house operating groups has long been a focus of SEC scrutiny.
3 min read · 23 April 2020
Sterling Group, of Houston, is targeting $2 billion for Fund V, which would make it the firm’s biggest pool yet.
3 min read · 22 April 2020
The health crisis has drawn more attention to food production and security issues, renewing a focus on farmland investing, Area One Farms CEO Joelle Faulkner said.
3 min read · 22 April 2020
York completed one deal so far from Fund III, acquiring The Good Feet Store, which makes and sells personalized arch support and related products.
2 min read · 22 April 2020
Unlike loans under the Paycheck Protection Program, loans under the Main Street Lending Program must be repaid in full.
2 min read · 21 April 2020
The annual changes to the investment committee's delegation changed or eliminated several clauses which board members and stakeholders saw as transferring power from the board to staff.
4 min read · 21 April 2020
