Edition:
India

Chibuike Oguh

Tech investing pioneer Hutchins bets on blockchain

07 Nov 2019

NEW YORK Blockchain-based payments could revolutionize finance in the same way that internet companies transformed information and communications starting in the 1990s, according to technology investment pioneer Glenn Hutchins.

Blackstone CEO is optimistic U.S., China will agree trade deal

07 Nov 2019

Private equity firm Blackstone Group Inc Chief Executive Stephen Schwarzman said on Wednesday he was optimistic that the United States and China would resolve their 16-month-long trade war, helping to ease tensions between two of the world's biggest economies.

Apollo quarterly earnings flat, slightly missing analyst estimates

31 Oct 2019

Apollo Global Management LLC reported flat third-quarter earnings on Thursday, slightly missing analysts' expectations, as declines in its private equity and real estate businesses offset strong growth in its credit investments unit.

Carlyle's third-quarter earnings drop by a quarter as asset sales slow

31 Oct 2019

U.S. buyout firm Carlyle Group LP reported a 25% year-on-year drop in its third-quarter earnings on Thursday, driven by lower proceeds from asset sales in its private equity portfolio.

Carlyle's Q3 earnings drop by a quarter as asset sales slow

31 Oct 2019

Oct 31 U.S. buyout firm Carlyle Group LP reported a 25% year-on-year drop in its third-quarter earnings on Thursday, driven by lower proceeds from asset sales in its private equity portfolio.

Singapore's Jungle Ventures raises $240 million for third Southeast Asia fund

30 Oct 2019

SINGAPORE/NEW YORK Singapore's Jungle Ventures said on Wednesday it has raised $240 million from investors, including Temasek Holdings, for a third fund designed to back Southeast Asian startups, highlighting the growing interest in the region's technology firms.

KKR earnings slide 23% as weaker deal activity hits revenue

30 Oct 2019

NEW YORK Private equity firm KKR & Co reported a 23% year-on-year drop in its quarterly after-tax distributable profit on Tuesday, as fee revenue slid amid a broader slowdown in asset sales by buyout firms.

UPDATE 1-KKR earnings slide 23% as weaker deal activity hits revenue

29 Oct 2019

NEW YORK, Oct 29 Private equity firm KKR & Co reported a 23% year-on-year drop in its quarterly after-tax distributable profit on Tuesday, as fee revenue slid amid a broader slowdown in asset sales by buyout firms.

KKR's Q3 earnings slide 23% as weaker deal activity hits revenue

29 Oct 2019

NEW YORK, Oct 29 Private equity firm KKR & Co reported a 23% year-on-year drop in its third-quarter, after-tax distributable profit on Tuesday, as transaction fee revenue slid amid a broader slowdown in asset sales by buyout firms chasing lofty valuations.

Apollo raises Athene stake in bid to boost its value

28 Oct 2019

Private equity firm Apollo Global Management Inc said on Monday it had agreed to pay $1.6 billion to raise its stake in Athene Holdings , in a deal aimed at improving the performance of the U.S. annuity services provider's stock.

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