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Mulvaney Says Freedom Caucus Still Has Role to Play in Trump's GOP

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Mick Mulvaney, former acting White House chief of staff to President Trump, says he’s still confident in the relevancy of the freedom caucus with such slim margins in congress, but isn’t so optimistic about the chances of a rescissions package making its way through congress. (Source: Bloomberg)



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Funding & Business

Turkey Raises Taxes on Lira Deposits and Funds to Bolster Budget

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Turkey raised withholding taxes on lira-denominated deposits and mutual funds, tightening its grip on household savings as it seeks fresh revenue to ease the budget deficit.



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Hong Kong Jockey Club to Unload $1 Billion in Blackstone, Warburg Funds

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The Hong Kong Jockey Club is divesting as much as $1 billion in funds held with Blackstone Inc. and other buyout firms, offloading US assets amid escalating trade tensions that have intensified since Donald Trump’s presidency.



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Funding & Business

PE Firm Exponent Raises More Than €1 Billion for Flagship Fund

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European private equity firm Exponent has raised more than €1 billion ($1.2 billion) for its latest flagship fund focused on mid-market investments.



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