Financial services Stash Reportedly Explores Options With Advisers Including Possible SaleStash is a consumer finance app that has 2 million active subscribers. March 28, 2024
Financial services Jefferies Profit Rises on Capital Markets Strength, Deal ReboundThe results offer a glimpse into how banks navigated the first three months of the year amid high interest rates and continued geopolitical concerns. March 28, 2024
Energy Blackstone Plans to Add $25B in India Private Equity Assets Over Five YearsBlackstone will be building a portfolio based on three themes: digital infrastructures, energy transition and key areas of transport. March 28, 2024
Lending Schwarzman Bullish on Private Credit, Citing 0.3 Percent Default RateFor Blackstone, private credit accounted for the biggest gains among its strategies in the fourth quarter. March 28, 2024
Strategic Buyers Home Depot Buys Pro Supplier SRS for About $18.25BThe deal would further the retailer’s focus on professional contractors, a more lucrative target than do-it-yourself consumers. March 28, 2024
Private Equity PE Firms Launch Evergreen Funds to Woo Private WealthHamilton Lane estimates that fewer than two percent of the wealthy have invested in private equity. March 28, 2024
Manufacturing Yellen Warns China’s Industry Ramp-Up is Distorting World EconomyChina’s industrial policy has a track record of causing “substantial overinvestment,” Yellen said. March 27, 2024
Financial services Brown University, BTG Pactual Reportedly Near Fortress InvestmentMubadala and the management of Fortress agreed in May to buy 90 percent of the equity held by SoftBank. March 27, 2024