Private Equity

Investors Raise $76 Billion to Buy European Bank Assets

Investors have raised $76 billion to buy noncore assets currently held by European banks, but there are still too few potential buyers for the mountain of loan portfolios that firms are looking to offload. Read More | View Original Article

Was Cory Booker Right About the Attacks on Private Equity?

On "Meet the Press," the mayor of Newark denounced Democratic attacks on the private equity industry. Read More | View Original Article

Jury Is Seated in Rajat Gupta Trial

A freelance beauty consultant, a fourth-grade teacher and a psychiatric nurse are among the 12 New Yorkers who will decide the fate of Rajat K. Gupta, a former director of Goldman Sachs and Procter & Gamble. Read More | View Original Article

Obama Defends Attacks on Romney’s Record at Bain

President Obama argued the focus of the ad was fair, saying Mitt Romney was making his claim on the presidency based on his experience in private equity. Read More | View Original Article

Cory Booker, Obama Surrogate, Criticizes Bain Ad

Mayor Cory A. Booker of Newark sharply criticized an advertisement about Mitt Romney’s private equity work. Read More | View Original Article

Business Schools: Looking Local for a Global Reach

Business schools in developing countries are attracting more international students. Read More | View Original Article

The Boldface Names on the Witness List for Gupta's Trial

Possible witnesses who could be called to testify -- or whose names may come up during the trial -- include Lloyd C. Blankfein, Goldman's chief executive, and A.G. Lafley, the former chief executive of Procter & Gamble. Read More | View Original Article

For Average Investors, Long Odds on a Big Facebook Payday

Facebook could be the next Google, whose shares now trade at more than six times their offering price, but it could also suffer the fate of Zynga, Groupon and other start-ups that came out of the gate strong, then quickly fell back. Read More | View Original Article