Allison McNeely

Citigroup Inc. Chief Executive Officer Jane Fraser said that companies are racing to build up their defenses as artificial-intelligence models become even more powerful and risk spurring cyber attacks.

Sixth Street is looking to renew a long-shot bid to acquire life insurer Brighthouse Financial Inc. as a pending deal with another buyer remains under regulatory review.

Grinding on private equity deals through the winter, Garrett Werner used to gaze out at the Rockefeller Center's Christmas tree in Midtown Manhattan.

Carlyle Group Inc. hired two senior executives focused on family offices, both in newly created roles, as it pushes to gather fresh money from wealthy individuals.

Bain Capital is among the bidders looking to acquire a data center company owned by Koch Inc., a deal that would mark an about-face for the private equity firm that has sat on the sidelines of the US artificial intelligence infrastructure boom.

Bloomberg reporters answer your questions about private equity’s increasing role in the sports industry in a Live Q&A on Tuesday, October 6 at 11 a.m. ET.

KKR & Co.’s non-traded business development company KKR FS Income Trust Select slightly exceeded its quarterly redemption limit to meet all withdrawal requests, according to a shareholder letter.

KKR & Co. has prohibited non-compete agreements for lower-paid employees at its US portfolio companies, aiming to show that the restrictive contracts aren’t needed for firms to remain competitive.

A lucrative Wall Street strategy has funneled billions from life insurers into their owners' other ventures. Now tougher rules and questions about investment risks are putting the model to the test.

Todd Boehly had good news for lenders backing his life insurance company: He was about to come into a bundle of cash.