Apollo Global Management (NYSE: APO) says it is directing over $100 billion of capital into industries reshaped by trade friction. In a Q2 2024 investor briefing, the firm highlighted a multibillion-dollar allocation across private equity, credit and infrastructure to capitalize on…
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StepStone Group (NASDAQ: STEP) said its latest middle-market growth-equity fund, StepStone Growth Partners V, closed at $720 million, beating its $700 million target. The firm’s new fund follows StepStone’s 2021 Tactical Growth Fund IV, which raised about $705 million. In StepStone’s view, this latest close…
Amazon founder and executive chairman Jeff Bezos is planning to sell some of his holdings in the company. Bezos, whose net worth is valued at over $200 billion, will sell up to 25 million shares in the company, valued at around $5 billion,…
MoviePass, the startup that made its mark with its movie theater subscription service, has always been known for shaking things up, and its latest venture is no exception. The company announced on Thursday the beta launch of Mogul, a new daily fantasy…
Anil Kumar, the former McKinsey partner, testified in a New York court on Monday that he told Raj Rajaratnam, the founder of hedge fund Galleon Group, about strategic plans and earnings guidance for at least three McKinsey clients in exchange…
