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The sale to previous owner Level Equity is said to deliver a roughly sixfold return on invested capital.
over 1 year ago
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The asset manager credits special funds and strategies aimed at wealthy individuals for the gains
12 months ago
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The seller of pre-IPO shares faces a civil fraud complaint by the Securities and Exchange Commission
10 months ago
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Hundreds of Standish employees collectively own a 45% stake in the business and plan to retain their shares
10 months ago
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The move could accelerate returns to investors, whose $1.7 billion has been locked up since 2018
10 months ago
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Shares of most-active U.S. PE firms mostly outperform thanks to credit operations and buoyant outlook
7 months ago
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The firm bucked the private-equity fundraising trend, which has seen firms struggle to meet targets recently
6 months ago
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The buyout firm is rearranging its operations to focus on maintaining rapid growth following Global Atlantic deal
6 months ago
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A Justice Department indictment alleges fraud and obstruction of justice at the defunct investment firm
6 months ago
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AbbVie’s $8.7 billion purchase expected to deliver a return of over 10 times invested capital to the buyout firm
5 months ago
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The move comes after the SEC in early 2021 brought fraud charges involving around $1.7 billion against the firm
5 months ago
