Serent Capital launches USD1.1bn fund to invest in founder-led software companies
Serent Capital, a growth-focused private equity firm that invests in founder-led B2B software companies, has closed its fifth and largest fund to date, Serent Capital Fund V, at USD1.1 billion. Serent Capital Fund V was oversubscribed and closed in less than 100 days. With the closing of Fund V, Serent is now managing nearly USD5 […]
BlackRock to move €1.4bn corporate bond ETF to ESG index
The iShares € Corp Bond ex-Financials Ucits ETF will switch in May, subject to shareholder approval BlackRock plans to switch a €1.4bn iShares corporate bond exchange traded fund to an environmental, social and governance index in response to investor demand. The world’s largest asset manager has asked shareholders of its Dublin-domiciled iShares € Corp Bond […]
Trafigura and Blackstone discussed investment of up to $3bn
Talks come as commodity markets are rocked by volatility and effects of war in Ukraine Trafigura has held discussions with Blackstone about an equity investment of up to $3bn, as the privately owned commodity trader seeks to broaden its sources of funding. Big commodity traders typically rely on credit lines from banks to finance the […]
Black Women in Asset Management announces new industry partners
Black Women in Asset Management (BWAM), a non-profit organisation promoting the advancement of Black women working in the asset management industry, is delighted to announce Ares Management, BlackRock, Federated Hermes, Helios Investment Partners, J.P. Morgan Asset Management, M&G plc, Maniyar Capital, Morningstar, Inc. and State Street Global Advisors as new institutional members. Black women remain […]
Future Crops Announces New Investment Round, Led by Tencent
Future Crops announces a new investment round led by Tencent to accelerate growth. Future Crops is shaping the future of agriculture and our food system, making it more safe, resilient, and efficient. Future Crops had already raised over $30 million in seed funding from a private equity arm run by the Lerman Family, leaders in the […]
StashAway launches access to private equity, venture capital, angel investing and crypto for Accredited Investors
StashAway has introduced an offering designed exclusively for Accredited Investors (AIs): StashAway Reserve. With StashAway Reserve, Accredited Investors can now access private equity and venture capital (PE and VC), angel investing deals, invest in crypto, and get unbiased wealth advisory. Private equity and venture capital are becoming increasingly attractive one for investors: Bloomberg and Burgiss […]
KKR Builds Investment Services Capabilities in Real Estate Credit with Appointment of Lindsey Wright
KKR today announced the appointment of Lindsey Wright as Managing Director and Head of Investment Services for the firm’s real estate credit business in the United States. In the newly created role, Ms. Wright leads the development of a dedicated services platform to support asset management, loan origination, securities investing, risk management and client experience […]
Goldman Sachs chases stake in £700m financial advice platform Nucleus
A Goldman private equity fund is vying with rivals including Centerbridge and HPS to buy a stake in the UK’s fifth-largest platform for financial advisers, Sky News understands. Goldman Sachs, the Wall Street banking giant, is battling to buy a stake in Nucleus, one of Britain’s biggest platforms for financial advisers. Sky News understands that […]
London-based Lendable tops £3.5bn valuation after Ontario Teachers’ pension plan-led funding round
London-based lending firm Lendable has announced a £210m funding injection today that pushes its valuation north of £3.5bn, as it looks to accelerate a push into new markets. The new funding round, led by the Ontario Teachers’ pension plan via its Teachers Innovation Platform (TIP), boosts the fintech firm’s valuation from over £1bn last year […]
Private equity firms vie for media rights of France’s Ligue 1
Media rights to European soccer leagues are an increasingly coveted prize for global private equity firms making a play for exposure in the international world of sports. In one of the latest bids, firms including CVC Capital Partners, Silver Lake, Hellman & Friedman and Oaktree Capital are said to be vying for a minority stake […]
