As banks and financial institutions push to justify the billions invested in artificial intelligence (AI), one question defines the conversation: Where does AI create value?...
AOL’s owner has reportedly found a buyer for the one-time internet service titan. Yahoo, backed by private equity firm Apollo Global Management, is in advanced...
AOL, a titan of dial-up internet’s heyday, could reportedly be up for sale. The company’s private equity firm owner Apollo Global Management, is considering a...
Private equity (PE) operations are reportedly struggling to raise funds despite offering investors unheard-of incentives. Fundraising among PE firms came to just $592 billion in...
Private equity (PE) groups are sitting on roughly $1 trillion in unsold assets. That’s capital that, in a normal market climate, would have been given...
The U.K.’s Metro Bank has reportedly been approached about a possible private equity takeover. Pollen Street Capital made an informal approach to the bank in...
Private equity firms are reportedly rethinking exit strategies as initial public offerings (IPOs) remain scarce. In a report Sunday (June 8) following the industry’s annual...
Apollo Global Management is reportedly working with five banks, including JPMorgan Chase & Co. and Goldman Sachs Group, to trade private credit. The collaboration will...