Private Equity Sees Slim Prospects for Big Rebound in Fundraising This Year

Dealmaking is back for buyout firms, but there is little optimism that fundraising will make up for 2025’s dismal results.

wsj.com

Investors Are Flocking to the Stock Market’s Discount Rack

Pricey tech heavyweights are sending some individual investors in search of bargains.

wsj.com

Two lesser-known factors behind David Swensen’s success at Yale

The nurturing of in-house talent and close partnerships with external managers helped drive returns

on.ft.com

Who are the world’s best investors?

The answer is not hedge funds or quant shops or short-sellers

economist.com

UK’s Metro Bank attracts takeover interest from private equity

London-based Pollen Street Capital made an approach to the UK challenger bank in recent weeks

ft.com

Four Books Sound the Alarm About the Power of Private Equity

Private-managers now influence the U.S. economy and politics in ways few Americans understand.

wsj.com

SoftBank’s Masayoshi Son floats idea of US-Japan sovereign wealth fund

Washington and Tokyo discuss possibility of fund that would make large-scale US tech and infrastructure investments

on.ft.com

The delusion of private equity IRRs

The dumbest PE performance metric still bamboozles some investors

on.ft.com

Can anything stop America’s superstar hedge funds?

Citadel and other giant funds have remade public markets

economist.com

What it means to be illiquid

Investors are learning how hard it is to get money out of private equity and venture capital

economist.com

The Giants of Silicon Valley Are Having a Midlife Crisis Over AI

Apple, Facebook, Google and Tesla are all facing the “innovator’s dilemma” at the same time.

wsj.com

Is this still the Asian century?

The theory is that hegemonies run in cycles, but Trump and a trade war may disrupt the pattern

on.ft.com

The death of the Yale Model?

Alternative tales of investment returns

on.ft.com

Can the dollar remain king of currencies?

The greenback’s global dominance was forged on trade, alliances and institutions — now that era is at risk of drawing to a close

on.ft.com

Exclusive | Google’s Cybersecurity Deal Spins Tiny Investment Into $4 Billion Windfall

Index Ventures is set to earn a 250-fold return on its seed money in a startup that Google has agreed to buy.

wsj.com

Multistrategy Hedge Funds’ Haven Appeal Tested Amid Trump Trade War

Multistrategy hedge funds are facing their biggest challenge since the early days of the pandemic amid a market selloff that’s forcing them to unwind crowded trades at a ferocious clip.

bloomberg.com

Hedge fund leverage is rising as a concern for regulators

The huge bets on what is known as the cash-futures basis trade could amplify market shocks

on.ft.com

The hidden dangers of family offices

Private wealth management companies for the super-rich now manage trillions of dollars globally. Critics say they are open to abuse

ft.com

Apollo, Blackstone lead perpetual capital rush - PitchBook

Apollo Global Management and Blackstone each reached nearly half a trillion dollars in perpetual capital assets last year.

pitchbook.com

Private equity industry shrinks for the first time in decades

Assets under management fell 2% last year as investors pull back from investing in sector

ft.com

The New Survival Guide for Private Equity: Go Big or Get Back to Basics

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

wsj.com

SoftBank falls to $2.4bn loss amid plans for huge AI investments

Japanese tech group hit by underperformance in its Vision Fund portfolios

on.ft.com

TPG Sets High Fundraising Sights for 2025

Private-equity firm TPG is setting up for a banner fundraising year in 2025 with a goal of doubling its managed assets over the next several years.

wsj.com

What next for the private equity minnow?

Smaller buyout funds that struggle to raise new money face unappealing options

on.ft.com

For CEOs and Bankers, the Trump Euphoria Is Fading Fast

Deals market gets curtailed by the uncertainty delivered in the president’s first weeks.

wsj.com

Activist hedge fund Elliott builds stake in struggling BP

US investor could force UK oil company to refocus on core fossil fuels business after foray into green energy

on.ft.com

Private-Equity Managers Persevere in Pitching First-Time Funds

Despite a rough environment, a growing pipeline of independent sponsors is expected to launch debut funds in coming years, investors and placement agents say.

wsj.com

Apollo Eyes ‘Industrial Renaissance’ After Investing Record $222 Billion Last Year

Apollo Global Management invested a firm record of $222 billion last year as the credit specialist sees increased opportunities to finance infrastructure developers in what it calls a “global industri...

wsj.com

KKR Raises Its Direct Stakes in Three Companies

The firm said it would increase its investment in the companies by $1.1 billion in total as part of its unusual strategy of taking long-term stakes in businesses it likes.

wsj.com

`Tidal Wave of Deals' Is Poised to Buoy Private Equity

Matt Swain, head of direct placements and secondaries at Houlihan Lokey, says private equity firms are poised to reap a bonanza. Many investors are overallocated to public markets, he says on "Bloombe...

bloomberg.com