Take-Two is quietly killing Private Division

In recent weeks, reports surfaced that Take-Two was shutting down Intercept Games’ Kerbal Space Program 2 and Roll7’s OlliOlli World. Now, IGN has learned that not only are these closures imminent, but they’re also part of a larger move by Take-Two to either sell or shut down its entire indie label, Private Division. Earlier this … Read more

Private equity raised more money than it returned

Stay informed with free updates Simply log in to Financial services myFT summary — delivered straight to your inbox. Earlier this week, MainFT reported that hedge funds are complaining that their fundraising efforts are being hurt by the amount of money investors have locked up in private equity funds — which are not making any … Read more