SoftBank-Backed Loggi Valued Near $2 Billion in Funding Round

SoftBank-Backed Loggi Valued Near $2 Billion in Funding Round

Brazilian delivery startup Loggi Tecnologia Ltda, which is backed by SoftBank Group Corp. and Microsoft Corp., raised 1.15 billion reais ($205 million) in its latest funding round that now values the company at close to $2 billion. The new round, the company’s largest...
CORE Industrial Partners closes Fund II at $465m

CORE Industrial Partners closes Fund II at $465m

CORE Industrial Partners (CORE), a Chicago-based private equity firm, today announced the successful final and only close of CORE Industrial Partners Fund II (Fund II) with total commitments of $465 million.  Fund II was significantly oversubscribed with demand in...
Private Equity Has $300 Billion for Pandemic-Hit Real Estate

Private Equity Has $300 Billion for Pandemic-Hit Real Estate

Real-estate bosses at Blackstone Group Inc. quietly smiled when Britain’s biggest-selling tabloid unwittingly endorsed their largest European real estate deal since the pandemic. The Sun’s front page teased readers that foreign travel curbs meant they’d be splashing...
Twilio nears deal to invest up to $750 million in Syniverse

Twilio nears deal to invest up to $750 million in Syniverse

Cloud-communications firm Twilio Inc is in talks to invest as much as $750 million in Syniverse Technologies LLC, the Wall Street Journal reported on Sunday. The investment will be announced on Monday, which could be followed by a merger between telecommunications...