US INVESTMENT giant Carlyle Group has lowered the target for its latest pan-Asia private equity fund by at least 30 per cent from its original US$8.5 billion, three people with knowledge of the matter said, as a slowing global economy and geopolitical tensions dull investors’ appetite.
- Advertisement -
Most Popular
ECB tweaks strategy to counter sustained inflation swings, either up or down
It is tweaking its overarching strategy after being blind-sided by a surge in prices in recent years
ING to cut 230 jobs as it has ‘too many’ managing directors
ING Groep announced a round of cuts focused on senior staff saying there are just too many of them.
India’s stock market enters volatile second half, but with hopes of new highs
This comes after a turbulent first half marked by a bull run, a sharp sell-off and a subsequent recovery.
