MARKETS / FINANCE

General Atlantic Hires Durham For Tech Buyouts-sources

Private equity firm General Atlantic has hired veteran technology dealmaker Jonathan Durham to expand in corporate buyouts, an area in which it has done little because of its focus on growth equity investments, two people familiar with the matter said.

With IPOs On Ice, Banks' Stock Offering Fees Plummet

Recession fears and Russia's invasion of Ukraine sent a chill through equity capital markets (ECM) in the second quarter, depriving bankers of lucrative fees for arranging stock sales such as initial public offerings (IPOs).

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