by Simon | Aug 10, 2020 | News
Elon Musk’s SpaceX has scored an early win in the billionaire race to space after the U.S. Air Force announced his Falcon rockets as one of two winners of a multibillion-dollar competition to replace Russian rocket technology. Jeff Bezos’s Blue Origin lost out in the...
by Simon | Aug 10, 2020 | News
Wealthy families are investing directly in private technology companies through single-family and multi-family offices in rising numbers as these offices become more sophisticated, according to a study released on Friday by Fintrx, a Boston-based data and research...
by Simon | Aug 10, 2020 | News
The energy company, which US-based Riverstone first backed in 2012, sought chapter 11 protection last week for the second time in two years Fieldwood Energy LLC’s second bankruptcy in two years threatens a nearly $2bn bet by Riverstone Holdings in the offshore...
by Simon | Aug 10, 2020 | News
EssilorLuxottica (ESLX.PA) said on Monday that GrandVision’s (GVNV.AS) actions during the coronavirus crisis could provide grounds for ending a 7.2 billion euro ($8.5 billion) takeover of the Dutch eyewear stores operator. The French-Italian maker of Ray-Ban told a...
by Simon | Aug 10, 2020 | News
Abu Dhabi state fund Mubadala Investment Co on Friday reported an over 7% stake in space tourism company Virgin Galactic Holdings Inc. The state-owned company disclosed a 7.08 per cent stake, or 14.88 million shares, in the aerospace company, according to a regulatory...
by Simon | Aug 10, 2020 | News
Globally, 552 private equity funds reached their final close in the first half of the year, 31% fewer than in the same period last year. Private equity firms are finding it harder to close new funds in the time of social distancing and Zoom meetings. The number of new...
