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Friday, 2 October 2026 Reading Room

Finance & Markets

Scandal-Hit Prudential Likely to Face Partial Biz Suspension

Tokyo, Oct. 2 (Jiji Press)--Japan's Financial Services Agency plans to issue a partial business suspension order to Tokyo-based Prudential Life Insurance Co., whose employees were found to have defrauded customers, sources said Friday. The FSA has found it necessary to have the company, which is part of the Japanese operations of U.S. giant Prudential Financial Inc., concentrate on rebuildi...

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Investcorp raises $1.22bn for latest North American private equity fund

Investcorp has raised $1.22bn for its latest North American private equity fund, slightly exceeding its target despite a challenging fundraising environment, according to a report by Bloomberg.

  • Investcorp raised $1.22bn for North American private equity fund
  • Fund targets middle-market companies in various services
  • Steve Miller says fundraising done despite tough climate

·privateequitywire.co.uk

Partners Group restructures €6.6bn evergreen fund after redemption cap

Partners Group is restructuring its €6.6bn Global Value SICAV evergreen private equity fund into two separate portfolios after capping withdrawals earlier this year, according to a report by…

  • Partners Group restructures €6.6bn evergreen fund into two portfolios.
  • Distributing fund focuses on older assets for liquidity and redemption requests.
  • Compounding fund targets new investments for higher returns with larger size.

·privateequitywire.co.uk

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