KKR has provided a $375 million refinance for Center Plaza, an iconic office and retail asset in Boston, sources familiar with the deal told Commercial Observer. The property, owned by BentallGreenOak and Synergy Investments, is a mixed-use complex totaling 741,237...
General Motors Co., Detroit, expects to contribute about $500 million to its non-U.S. pension funds in 2021. The automaker also expects to contribute about $70 million to its U.S. non-qualified pension funds during the year, according to a 10-K filing Wednesday with...
Nordea Asset Management (NAM) – a specialist in sustainable and responsible investing – has received an allocation in excess of $550 million into its Emerging STARS Bond strategy. The investment came from Danish pension provider Velliv. Nordea’s Emerging STARS Bond...
Private equity firms were eager to capitalize on a red-hot stock market in the US during 2020, leading to a 200% spike in the annual value of PE-backed IPOs, according to PitchBook data. This week’s headline-grabbing debut from Bumble is the latest sign all that...
Mobile banking platform MoneyLion Inc said on Friday it has agreed to go public through a merger with blank-check firm Fusion Acquisition Corp, in a deal that values the equity of the combined company at $2.9 billion. MoneyLion said it expects the combined company,... 