A loan issued by the financing entity of Guggenheim Investments whipsawed on Wednesday after executives reiterated to lenders that earnings would likely improve in the third quarter while steering clear of details about the wide-ranging probe into Mark Walter’s...

Shares of online used-car dealer Carvana Co. recovered some losses from a two-day selloff, after a report showed billionaire Mark Walter’s stake in the company was pledged, meaning he wouldn’t be able to immediately sell it as he contends with a federal probe of his...

The confidence and enthusiasm that has propelled dealmaking to $3.5 trillion this year may be spreading from the boardrooms of corporate acquirers to private equity, said Goldman Sachs Group Inc.’s Matt McClure. While strategic acquirers deploying capital to scale up...

Unitree Robotics shares surged 460% in their Shanghai trading debut after the company raised 6.1 billion yuan ($904 million) in an initial public offering, becoming the first listed humanoid robot maker in mainland China. Shares of the Hangzhou-based company,...

PE’s walking dead: The zombie portfolio companies with nowhere to goPrivate equity’s zombie problem is hiding in plain sight. Across the US, nearly 4,600 PE-backed companies have been held for five or more years, and GPs are sitting on over $860 billion in buyout NAV...

As investors debate whether and when the Federal Reserve will raise interest rates, market expectations for further tightening are building around the world — and spelling trouble for bonds. Traders see borrowing costs rising faster in Japan, Canada, the euro zone and...