private
By Virginia Furness, Karin Strohecker and Simon Jessop BAKU (Reuters) – As officials from around the world strive this week to reach a deal on funding for poorer countries to tackle climate change, investment manager Rob Drijkoningen is the sort of person they’re hoping will help get them there. Drijkoningen…
Sean “Diddy” Combs’ private aircraft appears to be available to charter.The Gulfstream G550, known as LoveAir, is also listed for sale, Combs’ attorneys said.Diddy remains behind bars in Brooklyn following his arrest for sex trafficking. Sean “Diddy” Combs’ luxe private jet is seemingly available to charter while the disgraced music…
Private jet travel has surged in recent years, and two big changes explain why.The COVID-19 pandemic pushed many to opt for private planes.Meanwhile, more affordable options for on-demand private jets multiplied. Flying private has gotten a lot more popular over the last several years.The number of miles flown by private…
By Casey Hall and Laurie Chen SHANGHAI/BEIJING (Reuters) – China is quietly easing regulatory pressure on private tutoring operators as it looks to revive a flagging economy, spurring a nascent revival of a sector hit hard by a government crackdown three years ago, according to industry figures, analysts and data…
Elon Musk’s private planes made eight flights to Pennsylvania this past week, flight logs show.Musk has been actively endorsing Donald Trump, holding rallies in key Pennsylvania cities.Some Tesla employees tell BI they aren’t happy about Musk’s campaigning. Others are indifferent. Flight logs viewed by Business Insider show how the world’s…
Investing.com — Private equity, which faced challenges amid the economic downturn and elevated interest rates since 2022, is showing signs of stabilization and recovery. As per Wells Fargo analysts, the sector is navigating this turbulent environment by focusing on more selective investments and secondary strategies, creating pathways for future growth…
Investing.com – European private equity is at a potentially critical juncture, according to UBS, and the Swiss bank sets out key questions which could determine its future. How quickly will deal volumes recover now that interest rates are falling? Private equity deal activity has begun to improve, but is still…
By Arasu Kannagi Basil and Davide Barbuscia (Reuters) -BlackRock’s assets under management hit a record high for the third straight quarter as a U.S. stock market rally boosted inflows, while the world’s largest asset manager continued a push to expand its footprint in private markets. Assets managed by BlackRock (NYSE:)…
By Ross Kerber (Reuters) – JPMorgan Chase & Co (NYSE:) CEO Jamie Dimon recently confronted public pension fund managers about channeling more of their investments into private assets, a trend he said could be at odds with their stated policy concerns. “You call me up and talk to us about…
By Yasin Ebrahim Investing.com — Business development companies, or BDCs, have been taking the investment world by storm as income-seeking investors clamor into this asset class that has earned a reputation for generating attractive dividend-like returns by filling the middle-market funding gap left by traditional banks. The BDC sector has…