Nasdaq to Buy Anti-Financial Crime Firm Verafin for $2.75 Billion

Nasdaq to Buy Anti-Financial Crime Firm Verafin for $2.75 Billion

Nasdaq Inc. will buy Verafin, a software company that uses artificial intelligence to help banks detect money laundering and fraud, for $2.75 billion, the companies said Thursday. If completed, the Verafin acquisition would be New York-based Nasdaq’s largest...
EQT launches second fund subscription line tied to ESG

EQT launches second fund subscription line tied to ESG

Stockholm-based private equity firm EQT is once again adding an ESG twist to a popular form of financing among private markets fund managers. The firm has negotiated a €2.7bn fund subscription credit facility that links performance on certain environmental, social and...
IQHQ Completes Second Equity Raise of $1.7 Billion

IQHQ Completes Second Equity Raise of $1.7 Billion

IQHQ Inc., a premier life sciences real estate development company, announced that it has successfully completed a second $1.7 billion equity raise from new and existing strategic partners. With two successful rounds of financing complete, IQHQ is well funded and well...
How the private equity industry stole a march in European payments

How the private equity industry stole a march in European payments

Just over a decade ago, processing electronic payments was largely regarded as a dull back-office function, including by the banks that did it. A deal this week to create one of Europe’s largest payments companies is a reminder of a group that took a very different...