Billionaire Elon Musk’s SpaceX has raised $337m in equity financing, the rocket company disclosed in a regulatory filing on Wednesday. SpaceX, which counts Alphabet and Fidelity Investments among its investors, hit $100bn in valuation following a secondary share...
Morgan Stanley is set to increase its stake in its brokerage joint venture in China by 4.06% to 94%, an exchange filing showed on Wednesday, putting it on track to take full ownership of the business. The U.S. bank will inject $110m to boost the registered capital of...
Apollo announced that funds managed by its affiliates have made a first close on a $816m in a convertible equity portfolio financing agreement with NextEra Energy Partners in a 2.5 GW contracted renewable energy generation portfolio. Participation in the investment by...
Inland Private Capital has closed its second multifamily portfolio disposition this month, selling three properties for a total of $192.8m. The properties, two in Florida and one in Indiana, comprised IPC’s Park Creek Steeple Multifamily DST. The largest of the three...
Private equity firms scrambling to deploy a wave of dry powder amassed before the Covid-19 crisis has lifted UK takeovers to their highest level in 14 years, reveal new figures released today. The overall value of deals involving UK companies jumped 10 per cent to... 