Deutsche Telekom is committed to securing majority ownership of its U.S. business T-Mobile, Chief Executive Tim Hoettges told an investor presentation on Thursday. “We are clearly willing to get the majority in the timeframe that we have laid out,” Hoettges said. This...
Recently formed private equity firm Rainier Partners is targeting $250m for its debut fund, according to people familiar with the fundraising effort. The firm’s co-founders were childhood friends and are former Altamont Capital executives. Managing partners Jon Altman...
Clubs in German soccer’s top two divisions have opted to cease talks with private equity firms seeking to buy a stake in the German Football League’s (DFL) international broadcast rights business. Earlier this month, Reuters reported the DFL, which oversees the...
Vanguard Group will expand its partnership with alternative money manager HarbourVest Partners this summer to give retail investors access to private equity. The money management giant said in a news release Wednesday the strategy will be available initially to...
Formlabs, a 3D printing company, said on Wednesday it had doubled its valuation to $2bn, following a $150m funding round led by SoftBank Group’s Vision Fund 2. The move brings Formlabs’ total raised funding to over $250m and marks SoftBank’s first bet on 3D printing,...
