How public-private partnerships fund national landmarks

Oct 3, 2019
The monuments on the National Mall in Washington D.C. memorialize the country’s wars and great leaders, and one might assume that the federal government pays for all of them. But they’re actually funded in large part by private citizens. Take the Washington Monument, which recently reopened after three years of renovations. The view from the […]
Birds fly over The Washington Monument.
Aaron P. Bernstein/Getty Images

How Toys R Us workers got the retailer's private equity owners to pay severance

Nov 23, 2018
The private equity firms Bain and KKR announced this week that they will contribute $20 million to a compensation fund for former employees of Toys R Us. The retailer filed for Chapter 11 bankruptcy in September 2017, laying off tens of thousands of workers without severance packages. And for months, those former employees have been […]
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Why CalPERS wants a little less to do with Wall Street

Jun 8, 2015
CalPERS wants to reduce the number of investment managers that it uses.

Cirque du Soleil sells to private equity groups

Apr 20, 2015
A $1.5 billion sale is far from the group's humble origins.

The buying power of the Chinese middle class

Mar 3, 2015
“Aspirational luxury” is the sweet spot Chinese investors are trying to target.

Twinkies: Brought to you by private equity

Nov 12, 2014
How a private-equity firm turned around Hostess and saved the iconic snack.

Geithner to start new job in private equity

Nov 18, 2013
The former secretary of the Treasury will become president of New York-based Warburg Pincus.

For public good, not for profit.

Venture capital investing comes back...a little

Jul 19, 2013
This is ‘no tech bubble’ says the head of the National Venture Capital Association. Even as the economy has improved, venture has not rebounded much.

Twinkies are back: And last longer?

Jul 9, 2013
Twinkie is back in business after a big slim down — cheaper wages, fewer benefits, and other cost-cutting measures.

Hedge funds crowd first-time buyers out of housing market

Dec 10, 2012
Hedge funds and private-equity funds are buying up hundreds of foreclosed homes at a time, turning them into rentals, crowding out first-time home buyers looking for bargains.