Denny’s Rival TGI Fridays Files Chapter 11: Casual Dining’s Next Casualty
TGI Fridays files Chapter 11 bankruptcy. The casual dining chain’s 39 corporate stores enter court restructuring. Third major chain bankruptcy in 2024.
private equity
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Asia Pacific Private Markets: Liquidity Returns, But Only for Select Deals
Asia Pacific private markets see selective liquidity return in Q1 2025, with PE deal values up 15% YoY. But capital flows only to late-stage growth, infrastructure, and profitable companies. IPO revival offers exit hope.
Congressional Panel Subpoenas Leon Black in Epstein Probe Escalation
Congress subpoenas Leon Black over Epstein NDAs after he refused to testify. The private equity mogul faces contempt if he doesn’t comply. What’s next?