BlackRock, New Mexico Pension to Back $700m Secondary Deal

BlackRock, New Mexico Pension to Back $700m Secondary Deal

A BlackRock Inc. unit and the New Mexico Educational Retirement Board are coleading a roughly $700m deal to give aerospace and power generation investor AE Industrial Partners more time to manage certain prized assets. BlackRock’s secondary and liquidity solutions...
Weight-Loss App Noom Gets $540 Million in Silver Lake-Led Round

Weight-Loss App Noom Gets $540 Million in Silver Lake-Led Round

Noom, whose app is designed to help people lose weight by changing their behavior, raised $540 million in a new funding round as it seeks to expand into other realms of personal health. Private equity firm Silver Lake led the round, which also included investors such...