Blank check company Southport Acquisition Corporation concluded on Tuesday a $230 million capital raising to pursue acquisitions mainly in mortgage and real estate verticals in the United States. A The SPAC sold 23 million units at $10 per unit in an initial public...
Brookfield announced today it has closed its latest flagship real estate debt fund, Brookfield Real Estate Finance Fund VI (BREF VI), with total capital commitments of over $4bn, exceeding an initial target of $3bn. A diverse group of nearly 50 LPs committed to BREF...
The New York Knicks have retained their place as 2021’s most valuable NBA franchise at $6.12bn in Sportico’s annual valuations, with the league’s team average value now pegged at $2.58bn. Golden State Warriors (US$6.03 billion) were ranked second by the US-based...
Spain’s electricity grid operator REE said it agreed to sell a 49% stake in its telecom infrastructure unit Reintel to U.S.-based buyout fund KKR for $1.10bn. Reintel operates a network of 50,000 km of fibre optic laid along the electricity grid and railways,...
Private equity firm Thoma Bravo said on Friday it would buy Bottomline Technologies in an all-cash deal that values the financial technology provider at about $2.6bn. The software-focused PE firm’s move to buy Bottomline comes at a time when the pandemic has... 