In northern Minnesota, many worry what will happen if their local utility is swallowed up by BlackRock’s business kingdom. As ...

Trump and tech capitalists like Elon Musk are trying to become kingpins of a largely unregulated financial system.

After Prospect Medical Holdings, the formerly private equity-backed owner of three Connecticut hospitals, declared bankruptcy in January, Gov. Ned Lamont and state officials from both sides of the ...

In 2003, private equity made up less than 4% of equity markets. Now it’s more than 10%. Assets under management grew exponentially during the 2010s and are now more than $5 trillion.

The $544 billion California Public Employees’ Retirement System recorded an 11.3% gain calculated by time-weighted rate of return on its private-equity investments last year, according to data ...

Blackstone leads the pack with more than 230,000 units, followed by Greystar, which operates 138,000 units. Geographically, private equity ownership is tightly clustered in a handful of states.

The Tampa, Florida, metro, where 23.4% of apartments are owned by private equity, saw a 20.8% increase in households spending 30% or more of their income on housing between 2019 and 2023.

Today, I’m talking with Megan Greenwell, a former top editor at Wired and Deadspin, about her new book Bad Company: Private Equity and the Death of the American Dream. It comes out on June 10th ...

Private equity firms have seen a sharp drop in fundraising this year, the latest sign of how a slowdown in dealmaking and initial public offerings has hurt an industry that’s struggling to ...

The old catalogs prized by private equity-backed investors — music from the ‘60s, ‘70s and ‘80s — accounted for just 5.7% of streams in 2024. That’s roughly 1 in 19 streams coming from ...

Still, sales of private equity holdings are relatively infrequent at Harvard. HMC most recently sold nearly $1 billion in stakes to Ardian in 2021, and over $2 billion to Lexington Partners in 2017.