Teddy Grant
Businesses from the hospitality, food and technology sectors sought out loans.
Unlike loans under the Paycheck Protection Program, loans under the Main Street Lending Program must be repaid in full.
Private equity firms plan to stay the course and invest in new opportunities post-covid-19.
Small to midsize businesses anticipate job losses if not included in Paycheck Protection Program:...
Approximately 85 percent said they anticipate laying off employees in the next month.
Apollo and the Harris Family foundation also bought 200,000 KN95 respirator masks to be delivered to hospitals in New York City.
Catering company Vermaat of the Netherlands has thrived in the highly competitive food niche under the guidance of Partners Group.
The board approved a $100m commitment to the New Mexico Recovery Fund, managed by private equity firm Sun Mountain Capital.
“It might not be because of the coronavirus directly, but certainly because of all that’s being done to prevent or slow the spread of it”
New York-based company invests at least $75 million in companies, with a target investment range of $150 million to $750 million.
Most LPs expect private equity returns greater than 5 percent.