Venture capital major Sequoia Capital has apologised to investors for the loss for its entire $150 million investment in failed cryptocurrency exchange FTX, according to a report by Private Equity News. The firm was forced to write down the investment in its entirety after the sudden collapse of Sam Bankman-Fried’s

Private equity firms and other alternative managers handling unlisted assets have been warned by the Net-Zero Asset Owner Alliance, whose members represent more than $11 trillion in assets, not to fall behind the rest of the investment industry in reducing financed emissions, according to a report by Bloomberg. The report

ADIA and SC Capital have formed a new partnership to invest up to $2 billion in data centres across the Asia-Pacific region, according to a report by Bloomberg, with the investment programme to be managed by SC Zeus Data Centres, a pan-Asian platform developed by SCCP in February.  In addition,

Cairn Capital has rebranded as Polus Capital Management (Polus), following its strategic combination with specialist credit manager Bybrook Capital in 2021.  The rebranding reflects the coming together of two successful European credit managers to create a cohesive firm with a shared vision and unified goals of delivering best-in-class performance and

Higher fees and growth in its retirement-services business helped the boost earnings at Apollo Global Management by 6.4% in the third quarter of 2022, according to a report by Bloomberg. The report cites a statement issued by the New York-based alternative asset manager on Wednesday as revealing that adjusted net

Blackstone is to offer, subject to market and other conditions, senior notes of Blackstone Holdings Finance Co, its indirect subsidiary. The notes are to be fully and unconditionally guaranteed by Blackstone Inc and its indirect subsidiaries, Blackstone Holdings I LP, Blackstone Holdings AI LP, Blackstone Holdings II LP, Blackstone Holdings

Fortress Investment Group (Fortress) has been ranked as the second fastest-growing brand among 50 alternative investment managers included in the second edition of the Alts 50 report, published by Peregrine Communications.  The report provides a qualitative and quantitative assessment of the integrated marketing and communications activities of the world’s 50

Kedge Capital, the company which makes private equity and hedge fund investments on behalf of Ernesto Bertarelli, one of Switzerland’s richest men, and his family, is looking to attract other ultra-wealthy investors, according to a report by Bloomberg.