[NEW YORK] The Covid-19 pandemic has decimated the world's travel industry and fatally crippled a deal calling for the Carlyle Group  and Singapore sovereign-wealth fund GIC to buy 20 per cent of...

[NEW YORK] Carlyle Group and Singapore sovereign wealth fund GIC are allegedly using fake excuses to renege on buying a 20 per cent stake in American Express Global Business Travel (AmEx GBT),...

CARLYLE Group Inc and Singapore sovereign wealth fund GIC Pte Ltd are backing out of a deal to buy a stake in American Express Global Business Travel, which has been hit hard by the global...

[NEW YORK] Private equity firms were hit hard by Monday's oil price collapse as a result of their entanglements in energy through buyouts, lending and owning stakes in companies that specialize in...

[BOSTON] The titans of private equity, who have long grumbled that shareholders don't show them enough love, are turning to a sweetener: distributable earnings....