SparkPost Lands $180 Million Strategic Growth Investment

SparkPost Lands $180 Million Strategic Growth Investment

SparkPost, the world’s largest email sending and optimization platform delivering nearly 40 percent of the world’s commercial email, today announced it has secured $180 million from LLR Partners, NewSpring Capital and PNC Bank to invest in the next era of...
Marathon Raises $900 Million for Asset-Based Loans as Banks Flee

Marathon Raises $900 Million for Asset-Based Loans as Banks Flee

Credit manager Marathon Asset Management has raised $900 million for extending asset-backed loans to companies that may be struggling to find financing, as a pullback from major lenders has allowed alternative asset managers to step in. The firm will invest in loans...
Investcorp buys US apartments in $330m suburbs bet

Investcorp buys US apartments in $330m suburbs bet

Bahrain’s Investcorp is buying five garden-style apartment properties in the US for $330 million, as multifamily assets attract investor interest during a pandemic that has made residential real estate more appealing than offices, hotels and malls. The properties...