Barings LLC has raised $950 million for a new private-equity and infrastructure fund, underscoring growing investor appetite for mid-market and niche strategies amid a turbulent global investment environment. The Charlotte-based investment manager, which oversees $442 billion in assets, said the…
Author: Frank Harfman
Frank Harfman
Frank Harfman is a veteran economist, columnist, and news writer who has been a leading voice in financial journalism since 1988. With over three decades of experience, Frank has extensively covered the markets, including the NYSE, Nasdaq, S&P 500, and Dow Jones Industrial Average (DJIA). His reporting spans a broad range of economic sectors such as commodities, oil, energy, food, gas, and consumer trends, offering deep insights and analysis trusted by professionals and readers alike
United Airlines CEO Scott Kirby on Tuesday moved to calm growing concerns about operational safety at Newark Liberty International Airport (EWR), assuring customers that the facility remains “absolutely safe and fully compliant” despite a recent series of technical disruptions and…
Toyota Motor forecast a 21% profit decline for the current financial year on Thursday, as the strain from US President Donald Trump’s tariffs and an appreciating yen take some of the shine off strong demand for hybrid vehicles. The world’s…
SYDNEY — Macquarie Group Ltd. is hitting pause on major divestments from its renewable energy portfolio as global market volatility continues to cloud valuations and temper investor appetite. The Australian financial giant, one of the world’s largest infrastructure investors, signaled…
NEW YORK — A new player has entered the alternative investment scene. Renown Capital Partners, a freshly launched private equity firm spun out of hedge fund heavyweight Moore Capital Management, is aiming to raise $500 million for its debut fund,…
TaskUs, Inc. (NASDAQ: TASK), a global provider of outsourced digital services and customer experience support, announced Monday that it will be taken private in an all-cash transaction led by its co-founders and an affiliate of private equity giant Blackstone. The…
NEW YORK — Discount retail chain Gabe’s, a popular off-price department store operating over 160 locations across the Mid-Atlantic and Southeast, is in advanced negotiations to hand over control of the company to its lenders, according to people familiar with…
Babcock & Wilcox Enterprises Inc. (NYSE: BW), a 158-year-old energy technology firm, is actively working with investment bank Evercore and law firm O’Melveny & Myers to address its substantial debt obligations, which total nearly $500 million. This strategic move comes as…
A Standard Chartered analyst who predicted bitcoin hitting $120,000 by the second quarter now says his price call is “too low.” “I apologise that my USD120k Q2 target may be too low,” Geoffrey Kendrick, head of digital assets at Standard Chartered, said in a…
President Donald Trump signed an executive order on Thursday evening seeking to prohibit federal funding for NPR and the Public Broadcasting Service (PBS). The order, which could be subject to legal challenge, called the broadcasters’ news coverage “biased and partisan.” It instructs the Corporation for…
