Lukka hits USD1.3bn valuation following USD110m fundraising led by Marshall Wace
Lukka, the crypto-asset software and data provider, have closed their Series E investment round of USD110 million, valuing the company at more than USD1.3 billion. This round comes after closing their Series D round just nine months ago. The round was led by Marshall Wace, a global alternative asset manager. The round’s other notable investors […]
Eurazeo, KKR-backed Qonto announces Record-breaking fundraising of €486m valuing the company at €4.4bn
Qonto, the leading European business finance solution, announced today it has raised €486 million in Series D funding, bringing Qonto’s valuation to €4.4 billion. With this fundraising – one of the largest ever in French history – Qonto sets a new record valuation for a French scale-up. This latest round is jointly led by new […]
Brazilian startups raised a record $9.4 bln in 2021
Brazilian startups have raised a record $9.43 billion in funding rounds in 2021, more than doubling the figure seen in the previous year, said a report published by innovation platform Distrito on Wednesday. The country’s fintechs raised the highest volume of investments in 2021, reaching $3.7 billion, followed by retail startups, which got $1.3 billion […]
Atalaya Capital Management closes inaugural real estate private equity fund
Atalaya Capital Management (Atalaya), an alternative asset manager focused on private credit and special opportunities investing, has held the final close of its inaugural real estate private equity fund, Atalaya Commercial Real Estate Fund I (ACRE). The fund closed with more than USD100 million, including commitments from new and existing investors and employees of the […]
PGIM Real Estate raises EUR1.8bn for final close of PGIM Real Estate Capital VII
The seventh fund in PGIM Real Estate’s European flagship high yield debt fund series, PGIM Real Estate Capital VII (PRECap VII), has closed on EUR1.82 billion (GBP1.53bn/USD2.07bn), the largest European real estate debt fund closed in 2021. PGIM Real Estate is the real estate investment and financing business of PGIM, the USD1.5 trillion global investment […]
Madison Realty Capital raises more than USD2bn for Madison Realty Capital Debt Fund V
Madison Realty Capital (Madison), a vertically integrated real estate private equity firm focused on debt and equity investment strategies, has held the final close of Madison Realty Capital Debt Fund V LP (Fund V), with USD2.08 billion in equity commitments, exceeding the fund’s USD1.75 billion target. Fund V received significant support from existing investors as […]
KKR closes Health Care Strategic Growth Fund II on $4bn, almost 3x fund I
Global buyout giant KKR has closed KKR Health Care Strategic Growth Fund II on $4bn, just shy of tripling the size of its $1.45bn predecessor fund I which was closed in 2017. KKR has made $18bn of investments in the health care industry since 2004, including buying into Argenta, Nordic Bioscience, Sapphiros, Geode Health, and […]
PayFit Raises €254M to Continue Transforming HR Technology
Now valued at €1.82B, the startup aims to strengthen its position in its current markets PayFit, a leading payroll and HR management solution for SMEs, today announced that it has raised €254M in a Series E funding round, a record-breaking amount for a French human resources (HR) startup. General Atlantic, a leading global growth equity […]
Eastern Bell Capital raises over RMB13bn for USD Fund II and RMB Fund VI
Eastern Bell Capital has held the final close of its USD Fund II and RMB Fund VI, with a total commitments of more than RMB13 billion (USD2.0 billion), marking one of the largest fundraises among China based GPs in 2021. The latest close takes Eastern Bell Capital’s total assets under management, including both its RMB […]
Azalea IM closes second PE fund of funds product on $805m
Azalea Investment Management has closed its second private equity fund of funds product Altrium II on $805m. The firm said Altrium II will allow accredited investors direct equity participation in a portfolio of PE funds across the US, Europe and Asia. The latest fundraise came two years from the firm’s inaugural Altrium I, which was […]
