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Anti-ESG Funds Face Obstacles to Broad Investor Acceptance
One problem is defining exactly what these funds actually invest in. Source link
Apollo-Led Lenders Sell Yellow Loan to Citadel
The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation. Source link
U.S. to Ban Some Investments in China
President Biden plans to sign an executive order that will also require U.S. private-equity and venture-capital firms to disclose certain investments in the country. Source
Kim Kardashian Taps Ex-Apple, Burberry Executive for Private-Equity Firm
Angela Ahrendts will be joining SKKY Partners as senior operating adviser. Source link
Efforts to Spotlight Private Equity's Healthcare Stakes Struggle for Traction
Congress and regulatory agencies have made scant headway in requiring medical companies to reveal owners. Source link
Pratt & Whitney Engine Problems Lead Airlines to Reduce Some Flights
The aerospace and defense company RTX’s bet on single-aisle jetliners has run into quality and durability concerns. Source link
New Definition of 'Fraud' Wipes Out High-Profile Prosecutions
Fraud doesn’t mean what it used to—and several high-profile federal prosecutions are falling apart as courts apply the Supreme Court’s more-narrow legal definition. Source link
Private Equity, Hedge Funds Brace for Coming SEC Overhaul
Regulators could adopt new rules for firms such as Blackstone and Millennium as soon as this month. Source link
Venture Capitalist Seeks to Spur Drug Development for Rare Autoimmune Disease
Venture capitalist Luke Evnin has financed several successful biotechnology startups that develop treatments for cancer. Now he is encouraging drugmakers to tackle another disease: a rare autoimmune condition that
Walmart Pays $1.4 Billion to Boost Flipkart Stake
The purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion. Source link
