Edition:
India

Chibuike Oguh

Apollo seeks to tame investor concerns over CEO's ties to Epstein

5:23am IST

Apollo Global Management Inc said on Wednesday it would launch an independent review of Chief Executive Leon Black's ties with late financier and convicted sex offender Jeffrey Epstein, as some of the private equity firm's investors issued statements for the first time expressing concerns.

UPDATE 5-Apollo seeks to tame investor concerns over CEO's ties to Epstein

5:21am IST

Oct 21 Apollo Global Management Inc said on Wednesday it would launch an independent review of Chief Executive Leon Black's ties with late financier and convicted sex offender Jeffrey Epstein, as some of the private equity firm's investors issued statements for the first time expressing concerns.

Analysis: U.S. investment bankers' new pitch - Biden's tax hike

21 Oct 2020

Investment bankers keen to win lucrative assignments have a new pitch for U.S. corporate owners: hire us to sell your company now or pay at least twice as much in taxes if Democratic presidential candidate Joe Biden has his way.

Fledgling private equity firms falter as virus curbs in-person wooing

14 Oct 2020

NEW YORK Private equity fund investors have been favoring established buyout firms over first-time managers in recent months, as the challenges of carrying out due diligence remotely during the COVID-19 pandemic reduce their appetite for risk.

Apollo CEO Black says he regrets ties to Epstein, denies any wrongdoing

13 Oct 2020

Apollo Global Management Inc Chief Executive Leon Black told the buyout firm's investors on Monday that he regretted having had ties to the late financier and convicted sex offender Jeffrey Epstein, but denied any wrongdoing or inappropriate conduct related to his business and social relationship with Epstein.

KKR-backed Academy Sports and Outdoors raises $203 million in IPO - source

02 Oct 2020

Sporting goods retailer Academy Sports and Outdoors Inc sold shares in its initial public offering (IPO) on Thursday at $13 apiece, below its target range, to raise $203 million, according to a person familiar with the matter.

Investors at CNBC conference anticipate more market volatility but see opportunities

01 Oct 2020

NEW YORK Investors including Steven Schwarzman, Mary Callahan Erdoes and Barry Sternlicht are bracing for more market volatility as the U.S presidential vote nears but see opportunities to make money in commercial real estate and financial companies.

Carlyle leads $175 million investment round in healthcare firm Grand Rounds

09 Sep 2020

Carlyle Group Inc said on Wednesday that it led a group of investors making a $175 million investment in Grand Rounds Inc, a digital healthcare company.

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

09 Sep 2020

NEW YORK Blackstone Group Inc Chief Executive Stephen Schwarzman has spent more than $27 million so far this year backing U.S. politicians, including President Donald Trump, making him Wall Street's largest campaign contributor, according to a Reuters review of regulatory filings.

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

09 Sep 2020

NEW YORK, Sept 9 Blackstone Group Inc Chief Executive Stephen Schwarzman has spent more than $27 million so far this year backing U.S. politicians, including President Donald Trump, making him Wall Street's largest campaign contributor, according to a Reuters review of regulatory filings.

World News