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Niket Nishant

Stories by Niket Nishant

People

Buffett to stay on as Berkshire chairman but shares fall after Abel named CEO

Shares of Berkshire closed down about 5%.

Private Equity

KKR posts nearly 20% profit jump, looks to deploy $116b cash in choppy market

The company could pursue asset sales in Asia and Europe.

Analysis

Stocks of US crypto companies slip as bitcoin hits new 2025 low

Bitcoin fell as much as 5.5% to hit its lowest in 2025.

IPOs & Markets

Trump Media becomes first company to list on NYSE Texas

Its primary listing, however, will remain on the Nasdaq.

IPOs & Markets

Nvidia-backed CoreWeave targets $26b valuation in AI IPO test

The listing is seen as crucial to the revival of a largely moribund US IPO market.

Analysis

Blackstone stays firm on data centre investments despite DeepSeek turmoil

There are worries that a low-cost AI model may slow investment in data centres.

Deals

Morgan Stanley PE to sell HVAC business to Goldman Sachs Alternatives

HVAC companies have emerged as a lucrative target for PE firms due to their stable cash flows.

Deals

Premji Invest joins US legal AI company EvenUp’s $135m funding round

The Bain Capital-led round values the firm at over $1 billion.

Private Credit

Citi joins hands with Apollo for $25b private credit programme

Mubadala and Apollo unit will also participate in the programme.

IPOs & Markets

GIC-backed StandardAero eyes $7.5b valuation in US IPO

The company is seeking proceeds of up to $1.07 billion in the IPO.

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