Itiviti’s technology is used by investment banks that are benefiting from a surge in equity volatility amid the coronavirus pandemic. Its products include the NYFIX order routing network, which connects more than 1,600 brokerages and fund managers, according to its...
GetYourGuide Deutschland GmbH, a booking startup backed by SoftBank Group Corp., has raised 114 million euros ($134 million) via a convertible loan, after the pandemic continues to disrupt the travel industry. The investment was lead by private equity firm Searchlight...
Carlyle has acquired Siemens’ Flender mechanical and electrical drive technology business for €2bn. Headquartered in Bocholt, Germany, and active in 35 countries including across Europe and Asia, Flender employs about 8,600 people and had sales of €2.2bn in FY20. The...
BlackRock, the world’s largest asset manager, has called for the creation of a single global sustainability standard, claiming existing frameworks are making it difficult to compare companies and leading to confusion for investors. “BlackRock is calling for...
Investment Management Corp. of Ontario, a money manager for pension funds in the Canadian province, has committed C$1 billion ($750 million) to three funds as it looks to boost its private equity operations. The pension fund said it’s investing in Kohlberg Investors... 