Find and explore trending articles from around the web in a clutter-free reading mode.
bostonglobe.com • Healthcare • United States
Prospect Medical Holdings, owner of several hospitals in Rhode Island and Connecticut, filed for bankruptcy, leaving the future of these facilities uncertain while a sale to a nonprofit is pending.
thehindubusinessline.com • Finance • India
Several private equity firms are vying to acquire PAG's majority stake in Nuvama Wealth Management, a rapidly growing Indian wealth management firm.
axios.com • Healthcare • United States
The bankruptcy of Prospect Medical Holdings mirrors that of Steward Health, raising concerns about private equity's role in healthcare and its potential negative impact on patient care.
bostonglobe.com • Healthcare • Rhode Island
Prospect Medical Holdings' bankruptcy filing raises concerns about its hospitals' future, but state officials and company executives assure continued operations while a sale to a non-profit is pending.
economictimes.indiatimes.com • Business • India
Everstone Capital is merging its healthcare portfolio companies, Translumina Therapeutics and Everlife Holdings, to create a billion-dollar entity poised for a future IPO.
elconfidencial.com • Finance • World
Yaukuma Armbruster, through his German firm Quantum Capital, specializes in acquiring and revitalizing discarded business units from large multinationals, achieving remarkable financial returns.
businessinsider.com • Healthcare • United States
The bankruptcy of Steward Health Care exposes a cycle of hospital plundering by private equity firms, leaving communities with limited access to vital healthcare.
thetimes.com • Finance • UK
KKR's potential takeover of Thames Water could lead to creditors writing off £6 billion in debt and a restructuring of the company's ownership.
nytimes.com • Business • World
Carlyle's substantial investment in Beautycounter, aiming for significant sales growth and an IPO, ultimately resulted in a major financial loss for the private equity firm.
therealdeal.com • Finance • World
KKR's private commercial real estate loan pipeline has reached a record $42 billion, driven by market dislocations and strategic advantages.
smh.com.au • Finance • Australia
Healthscope's financial struggles, marked by high debt and unfavorable land lease agreements, threaten hospital closures unless a buyer can be found who can negotiate improved lease terms with landlords.
theatlantic.com • Healthcare • Wyoming
A Wyoming community, frustrated by a private equity-owned hospital's decline in services, undertakes the ambitious and ultimately successful task of building its own hospital.
nytimes.com • Finance • World
Yale University is selling billions of dollars in private equity stakes due to underperforming returns and uncertainty surrounding federal funding under the Trump administration.
hindustantimes.com • Finance • World
A private equity veteran discusses the evolution of AI investment strategies, highlighting the importance of focusing on deployment context, data, and vertical differentiation rather than solely on model supremacy.