Edition:
United Kingdom

Chibuike Oguh

KKR leads $43 million investment round in Slice pizza platform

12 May 2020

U.S. private equity firm KKR & Co Inc said on Tuesday it led an investor group making a $43 million investment in Slice, an online delivery platform for local pizza shops across the country.

Investcorp reaches first close for $750 mln fund to invest in asset managers

07 May 2020

NEW YORK, May 7 Investcorp Holdings has reached the first fundraising close on its debut $750 million fund to buy stakes in alternative asset managers such as private equity and real estate investment firms, according to an investor letter seen by Reuters on Thursday.

KKR's first-quarter profit rises 11% on stronger asset sales

06 May 2020

NEW YORK Private equity firm KKR & Co Inc reported an 11% jump in after-tax distributable earnings in the first quarter on Wednesday, driven by growth in asset sales and management fees ahead of the coronavirus-linked market turmoil.

KKR's first-quarter profit rises 11% on stronger asset sales

06 May 2020

NEW YORK, May 6 Private equity firm KKR & Co Inc reported an 11% jump in after-tax distributable earnings in the first quarter on Wednesday, driven by growth in asset sales and management fees ahead of the coronavirus-linked market turmoil.

Apollo's first-quarter profit falls 20% as virus weighs on asset sales

01 May 2020

NEW YORK Apollo Global Management Inc said on Friday its first-quarter distributable earnings fell 20%, more than Wall Street expectations, driven by a decline in private equity asset sales amid the coronavirus-induced market turmoil.

Apollo's Q1 profit falls 20% as virus weighs on asset sales

01 May 2020

NEW YORK, May 1 Apollo Global Management Inc said on Friday its first-quarter distributable earnings fell 20%, more than Wall Street expectations, driven by a decline in private equity asset sales amid the coronavirus-induced market turmoil.

Carlyle beats first-quarter profit estimates as distributable earnings surge

30 Apr 2020

Carlyle Group Inc said on Thursday its first-quarter distributable earnings rose 73% year-on-year, beating Wall Street's expectations as asset sales in its private equity and credit investment divisions generated strong earnings ahead of the coronavirus-induced market turmoil.

Carlyle beats Q1 profit estimates as distributable earnings surge

30 Apr 2020

April 30 Carlyle Group Inc said on Thursday that its first-quarter distributable earnings rose 73% year-on-year, beating Wall Street's expectations, as asset sales in its private equity and credit investment divisions generated strong performance fees ahead of the coronavirus-induced market turmoil.

GLOBAL MARKETS-Stocks rally on treatment hopes, currencies await ECB

30 Apr 2020

* Asian stocks hit 7-week high, but dollar rises vs AUD and NZD

GLOBAL MARKETS-Asian stocks set to track U.S. gains as virus treatment hopes lift confidence

30 Apr 2020

NEW YORK, April 29 Asian equity markets were poised to gain on Thursday, tracking Wall Street's rally after positive trial results of an experimental COVID-19 treatment, a U.S. Federal Reserve pledge to shore up the economy and a jump in oil prices.

World News