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Use of fund-level net asset value loans to pay dividends falls 90% after institutional investors raise concerns

Apollo issues record $40bn of loans in the first quarter, mirroring growth at rivals including KKR and Blackstone

Accounting firms, consultancies and other professional services take outside cash to fund growth

Blackstone, KKR and EQT among buyout groups raising concerns over government reforms

Buyout firms’ contrasting outcomes linked to handling of risky succession from founding partners

NFL-only funds are being set up in anticipation of potential rules that will govern institutional money in the sport

Plus, how David Ellison’s bid for Paramount collapsed and the steep geopolitical battle to buy a US ammunitions maker

Plus, fund managers express concerns over Shein and Alvarez & Marsal aims to poach ‘hundreds’ from the Big Four accountants

London judge found in favour of Spanish bank in dispute over soured property deal

Baller League is among new events and formats backed by sports-focused investors using influencers to reach global audience