Private equity giants have given rainmakers a fresh dose of motivation to deliver cash returns during a deal drought. Carlyle Group Inc. last week followed the lead of larger rivals KKR & Co. and Apollo Global Management Inc. by tying the pay of dealmakers and senior employees more closely to investment outcomes. The firms will … Read more
Private equity funds last year returned the lowest amount of cash to their investors since the financial crisis 15 years ago, according to Raymond James Financial Inc., hampering buyout firms in their efforts to launch new investment vehicles. Distributions to so-called limited partners totaled 11.2% of funds’ net asset value, the lowest since 2009 and … Read more
KARACHI: One of the biggest challenges policymakers in Pakistan face is to not only increase exports, which are at a meagre 10% of GDP, but also make the growth sustainable so that it mitigates the recurring balance of payments crisis the country experiences every few years.The private sector plays an important role in generating … Read more