SoftBank renews bet on Latin America with $3bn fund

SoftBank renews bet on Latin America with $3bn fund

SoftBank Group Corp on Tuesday launched a $3bn fund to invest in technology companies in Latin America in a bid to build on the success of its initial fund for the region, which has spent most of its capital. In a statement, the Japanese conglomerate said it plans to...
Finback Investment Partners Closes Debut Fund at $350m

Finback Investment Partners Closes Debut Fund at $350m

Finback Investment Partners LLC, a private equity firm co-founded by former Florida Gov. Jeb Bush, has closed on $350 million for its debut fund. The maiden vehicle, Finback Investment Partners 2021 Fund LP, closed at its hard cap and surpassed its $250 million...
GPB Capital Sells Automotive Assets to Group 1 for $880m

GPB Capital Sells Automotive Assets to Group 1 for $880m

Private equity firm GPB Capital Holdings LLC, currently facing fraud allegations from the Securities and Exchange Commission and more than a half-dozen states, is selling its Prime Automotive Group of car dealerships for about $880m. The sale to Houston-based Group 1...