Private equity’s new vibe check
Buyout investors are recreating software products to gauge their competitiveness
Economic news
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Private equity-owned vet group IVC spends £34mn on UK competition probe
Conclusion of industry-wide investigation by Competition and Markets Authority paves way for IPO
Private equity bosses turn to carried interest loans as payouts stall
Requests to borrow against future shares of profits are multiplying, as the buyout market remains slow
How Europe’s refineries helped save your summer holiday
Plants pushed jet fuel production to record levels after Iran war cut off Middle East export routes
Citadel: the hedge fund that became an energy giant
From the ashes of Enron, Ken Griffin built a commodities empire that extends beyond financial trading
Apollo’s flagship private credit fund hit by 17% redemption requests
Vehicle meets less than a third of withdrawal requests as investor exodus accelerates