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Apollo Global Q3 earnings drop as CEO faces heat from investors

Finance

29 October, 2020

Apollo Global Q3 earnings drop as CEO faces heat from investors

Apollo Global Management Inc, the private equity firm under investor scrutiny over CEO Leon Black's ties with late financier...

Blackstone earnings jump on Mindspace REIT's IPO, other asset sales

Finance

28 October, 2020

Blackstone earnings jump on Mindspace REIT's IPO, other asset sales

Blackstone Group LP said on Wednesday third-quarter distributable earnings rose 9% year-on-year, as the world's largest manager...

Fledgling PE firms falter as virus curbs in-person wooing

Finance

14 October, 2020

Fledgling PE firms falter as virus curbs in-person wooing

Private equity fund investors have been favoring established buyout firms over first-time managers in recent months, as the challenges...

Grapevine: KKR, others circle Granules; frontrunners emerge for Azure Power assets

General

28 September, 2020

Grapevine: KKR, others circle Granules; frontrunners emerge for Azure Power assets

After VCCircle reported last year that promoters of Granules India Ltd are looking to sell a majority stake, three global ......

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Blackstone earns stellar returns in partial exit from Essel Propack

Manufacturing

18 September, 2020

Blackstone earns stellar returns in partial exit from Essel Propack

Blackstone Group Inc., the world’s largest private equity firm, has sold nearly a third of its stake in Essel Propack ......

Blackstone's Schwarzman emerges as Wall Street's top political donor

Finance

10 September, 2020

Blackstone's Schwarzman emerges as Wall Street's top political donor

Blackstone Group Inc Chief Executive Stephen Schwarzman has spent more than $27 million so far this year backing U.S. politicians,...

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

General

07 September, 2020

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

Private equity giant Blackstone, which was reportedly interested in the acquisition of L&T Mutual Fund, has become a frontrunner. Both...

Embassy in talks with CDPQ to set up office-park platform

Infrastructure

20 August, 2020

Embassy in talks with CDPQ to set up office-park platform

Real estate developer Embassy Group is in talks with the real estate investment arm of Canada's pension fund CDPQ to ......

Grapevine: JSW to buy Chettinad Builders; Flipkart may partner PharmEasy

General

18 August, 2020

Grapevine: JSW to buy Chettinad Builders; Flipkart may partner PharmEasy

Serum Institute of India is looking to raise up to $1 billion (Rs 7,476 crore) for Covid-19 vaccine development and ......

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KKR puts India ARC plans on the backburner, CEO pick quits

Finance

14 August, 2020

KKR puts India ARC plans on the backburner, CEO pick quits

Global private equity firm KKR & Co. appears to have shelved its plan to operate an asset reconstruction company in ......

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