Blackstone Taps Vast Source of Cash in $1 Trillion Credit Push
Like Apollo and KKR, the buyout giant is forging close ties with insurance firms as it hunts for new business and ready money. Regulators are starting to worry.
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Like Apollo and KKR, the buyout giant is forging close ties with insurance firms as it hunts for new business and ready money. Regulators are starting to worry.
When Berkshire Hathaway Inc. devotees gather in Omaha on Saturday for its annual meeting, there will be a noticeable void on stage.
Three years after pandemic-era funding led to a boom in Black-owned businesses in the US, the cohort of entrepreneurs seeking to expand is facing the same barriers to capital that hampered generations of owners before them.
Hong Kong’s economy grew faster than expected in the first quarter, a tentative sign that the city’s post-pandemic recovery is stabilizing.
Hong Kong’s world-beating stock rally is showing no signs of letting up, with the city’s currency peg to the greenback burnishing its haven appeal amid the threat of higher-for-longer US interest rates.
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