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Subway Names Jonathan Fitzpatrick, Former Burger King Executive, As CEO
Jonathan Fitzpatrick is the first CEO hired since Subway was bought by the private equity firm Roark Capital in 2024. And Roark didn't have to look far to find him.
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European Leaders Announce Equity Fund For Ukraine, Urge Investments
European leaders urged private business and equity on Thursday to invest in rebuilding Ukraine now, even as Russia accelerates its war.
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19 US Employees Become Millionaires After CEO Sells Company Stake For $1 Billion
Bill Phelps, the CEO of Dave's Hot Chicken and former CEO and co-founder of Wetzel's Pretzels, recently revealed that he turned 19 of his employees into millionaires after selling a majority stake to a private equity firm for close to $1 billion.
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Harvard In Talks To Sell $1 Billion Of Private Equity Stakes Amid Feud With Trump: Report
Harvard has allocated almost 40% of its $53 billion endowment to private equity, according to an annual report for the year ended in June.
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Harvard Seeks To Sell $1 Billion In Private Equity Stakes, Says Report
Harvard University's endowment is in advanced talks to sell private equity fund interests totaling about $1 billion amid financial uncertainty and President Donald Trump's threats to cut federal funding, according to Bloomberg News on Thursday.
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IPL Franchise Gujarat Titans Get New Owners, Majority Shares To Be Sold To...
While the valuation of the stake being sold by CVC remains unconfirmed, the global private equity firm had invested Rs 5,625 crore to acquire the Titans in 2021.
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Explainer-What is DEI, a practice Trump is trying to dismantle?
Since taking office on Jan. 20, US President Donald Trump has issued a series of executive orders aimed at dismantling diversity, equity and inclusion programs across the federal government and the private sector.
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Tata Motors Looks to Local Battery Play as EV Competition Rises
Tata's EV market lead shrunk to 62 percent in 2024 from 73 percent a year ago as rival JSW MG Motor gained share with its new cars. This year, Mahindra & Mahindra, Hyundai Motor and market leader Maruti Suzuki will also launch EVs in India.
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Uncertain About Your Career? This US CEO's "Genie Question" Might Help
Graham Weaver, the founder and CEO of private equity firm Alpine Investors, has revealed a crucial question students should ask themselves before choosing their career path.
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Video: Private Equity CEO Arrested After Body-Slamming Teen At US Restaurant
The CEO of a private equity firm in the US has been arrested for allegedly strangling a 15-year-old boy who splashed a woman with water at an In-N-Out restaurant.
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Maharashtra Think Tank Roadmap Aims To Make State "AI Capital Of India"
MITRA has recommended the development of sovereign AI with the establishment of a joint government and private sector company with 49 per cent - 51 per cent equity holding through a competitive selection process involving credible IT companies.
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Meet Olivia Coffey, A Private Equity Staffer Eyeing Gold At Olympics
Private equity staffers regularly frequent the basement gym at 510 Madison Avenue in Manhattan. Among them: an athlete preparing to don the red, white and blue in her second Summer Olympics.
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Toshiba Accepts $15 Billion Buyout Bid From Private Equity Firm Japan Industrial Partners
Toshiba accepted a $15.3 billion (roughly Rs. 1.25 lakh crore) buyout offer from a Japanese consortium, the Nikkei newspaper reported, as the iconic conglomerate moved a step closer to ending a troubled chapter in its more-than-140-year history. The Tokyo-based company’s board approved on Thursday a bid of about CNY 2 trillion ($15.3 billion) fro...
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PhonePe Raises $200 Million Investment From Walmart in Its Ongoing Fundraise
Indian digital payments firm PhonePe said on Friday it has raised $200 million (nearly Rs. 1,650 crore) from majority backer Walmart at a pre-money valuation of $12 billion (nearly Rs. 99,000 crore). PhonePe, already India's most valuable payments firm and among the country's most highly-valued startups, said the investment is part of its ongoing ...
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PhonePe Raises Further $200 Million From Walmart at $12 Billion Valuation, Plans to Build New Businesses
Indian digital payments firm PhonePe said on Friday it has raised $200 million from majority backer Walmart at a pre-money valuation of $12 billion.
-
Subway Names Jonathan Fitzpatrick, Former Burger King Executive, As CEO
Jonathan Fitzpatrick is the first CEO hired since Subway was bought by the private equity firm Roark Capital in 2024. And Roark didn't have to look far to find him.
-
European Leaders Announce Equity Fund For Ukraine, Urge Investments
European leaders urged private business and equity on Thursday to invest in rebuilding Ukraine now, even as Russia accelerates its war.
-
19 US Employees Become Millionaires After CEO Sells Company Stake For $1 Billion
Bill Phelps, the CEO of Dave's Hot Chicken and former CEO and co-founder of Wetzel's Pretzels, recently revealed that he turned 19 of his employees into millionaires after selling a majority stake to a private equity firm for close to $1 billion.
-
Harvard In Talks To Sell $1 Billion Of Private Equity Stakes Amid Feud With Trump: Report
Harvard has allocated almost 40% of its $53 billion endowment to private equity, according to an annual report for the year ended in June.
-
Harvard Seeks To Sell $1 Billion In Private Equity Stakes, Says Report
Harvard University's endowment is in advanced talks to sell private equity fund interests totaling about $1 billion amid financial uncertainty and President Donald Trump's threats to cut federal funding, according to Bloomberg News on Thursday.
-
IPL Franchise Gujarat Titans Get New Owners, Majority Shares To Be Sold To...
While the valuation of the stake being sold by CVC remains unconfirmed, the global private equity firm had invested Rs 5,625 crore to acquire the Titans in 2021.
-
Explainer-What is DEI, a practice Trump is trying to dismantle?
Since taking office on Jan. 20, US President Donald Trump has issued a series of executive orders aimed at dismantling diversity, equity and inclusion programs across the federal government and the private sector.
-
Tata Motors Looks to Local Battery Play as EV Competition Rises
Tata's EV market lead shrunk to 62 percent in 2024 from 73 percent a year ago as rival JSW MG Motor gained share with its new cars. This year, Mahindra & Mahindra, Hyundai Motor and market leader Maruti Suzuki will also launch EVs in India.
-
Uncertain About Your Career? This US CEO's "Genie Question" Might Help
Graham Weaver, the founder and CEO of private equity firm Alpine Investors, has revealed a crucial question students should ask themselves before choosing their career path.
-
Video: Private Equity CEO Arrested After Body-Slamming Teen At US Restaurant
The CEO of a private equity firm in the US has been arrested for allegedly strangling a 15-year-old boy who splashed a woman with water at an In-N-Out restaurant.
-
Maharashtra Think Tank Roadmap Aims To Make State "AI Capital Of India"
MITRA has recommended the development of sovereign AI with the establishment of a joint government and private sector company with 49 per cent - 51 per cent equity holding through a competitive selection process involving credible IT companies.
-
Meet Olivia Coffey, A Private Equity Staffer Eyeing Gold At Olympics
Private equity staffers regularly frequent the basement gym at 510 Madison Avenue in Manhattan. Among them: an athlete preparing to don the red, white and blue in her second Summer Olympics.
-
Toshiba Accepts $15 Billion Buyout Bid From Private Equity Firm Japan Industrial Partners
Toshiba accepted a $15.3 billion (roughly Rs. 1.25 lakh crore) buyout offer from a Japanese consortium, the Nikkei newspaper reported, as the iconic conglomerate moved a step closer to ending a troubled chapter in its more-than-140-year history. The Tokyo-based company’s board approved on Thursday a bid of about CNY 2 trillion ($15.3 billion) fro...
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PhonePe Raises $200 Million Investment From Walmart in Its Ongoing Fundraise
Indian digital payments firm PhonePe said on Friday it has raised $200 million (nearly Rs. 1,650 crore) from majority backer Walmart at a pre-money valuation of $12 billion (nearly Rs. 99,000 crore). PhonePe, already India's most valuable payments firm and among the country's most highly-valued startups, said the investment is part of its ongoing ...
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PhonePe Raises Further $200 Million From Walmart at $12 Billion Valuation, Plans to Build New Businesses
Indian digital payments firm PhonePe said on Friday it has raised $200 million from majority backer Walmart at a pre-money valuation of $12 billion.
