by Sebastian | Feb 10, 2021 | News
Money will continue flowing into the space industry from government agencies, private equity firms and public markets, according to panelists at the 2021 SmallSat Symposium. “It has never been a better time to raise money for ventures in and around space,” said James...
by Sebastian | Feb 10, 2021 | News
Private-equity giants in the United States Apollo and Lone Star are the final bidders vying to acquire a portfolio of deep-in-arrears AIB home loans that were originally worth about €1 billion, according to sources. AIB set about selling the portfolio, dubbed Project...
by Sebastian | Feb 10, 2021 | News
Global private equity firm Carlyle Group on Wednesday withdrew its bid to buy energy and environment firm Japan Asia Group (JAG) in a deal worth 48 billion yen ($459 million), as a Japanese activist fund beat its offer. “The bid did not attract minimum shares needed...
by Sebastian | Feb 9, 2021 | News
U.S. insurers are stepping up sales of annuities and other capital-intensive assets amid a surge in interest from new and established private equity buyers hungry to boost the amount of money they manage, according to industry sources and public data. Companies such...
by Sebastian | Feb 9, 2021 | News
Already India’s largest office landlord, Blackstone may soon become the country’s biggest warehouse owner through the purchase of a 22 million square foot (2 million square metre) logistics joint venture, according to local news reports. Having acquired more than 1...
by Sebastian | Feb 9, 2021 | News
A year after its acquisition, Israel-based IoT security company Armis Inc. has raised $125 million at a $2 billion valuation. Armis was acquired by New York-based private equity firm Insight Partners and Google’s investment fund Capital G in January 2020. On Tuesday,...