Miles Kruppa

2 weeks ago | theinformation.com | Miles Kruppa

Source: The InformationApollo Global Management invested $25 billion during the turmoil in April following President Donald Trump’s tariff announcements, making it one of the most active buyers in the market, CEO Marc Rowan said on an earnings call. Apollo has a history of investing during market downturns. In the early days of the pandemic, it lent money to Airbnb and teamed up with Silver Lake to make a $1.2 billion investment in Expedia.

2 weeks ago | theinformation.com | Miles Kruppa

The long and fruitful relationship between venture capital firms and university endowments is facing hard times as both sides struggle with worsening cash squeezes. Over the past three years, VC funds have been returning money to their investors at the lowest rates in the past 25 years, levels that have only occurred during major market and economic downturns.

3 weeks ago | theinformation.com | Miles Kruppa

Source: BloombergThe $53.2 billion Harvard University endowment is working with Jefferies on a roughly $1 billion sale of private-equity fund stakes, Bloomberg reported. Universities are raising cash as the Trump administration pulls public funding and threatens to strip their tax-exempt status.

Feb 5, 2025 | jp.wsj.com | Miles Kruppa

Google is eliminating its goal of hiring more employees from historically underrepresented groups and reviewing some diversity, equity and inclusion programs, joining other tech giants rethinking their approach to DEI. In an email to employees Wednesday, Google said it would no longer set hiring targets to improve representation in its workforce.

Feb 5, 2025 | msn.com | Miles Kruppa

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