Warburg Pincus is seeking to raise $2.5 billion for its second fund dedicated to financial sector deals, according to a person with knowledge of the matter. The private equity firm has begun preliminary discussions with investors about the WP Financial Sector II fund,...
NAVTOR, the leading provider in navigational software for the maritime industry, today announced that it has received a majority growth investment from Accel-KKR, a leading global software-focused investment firm headquartered in Silicon Valley. The investment also...
Walmart Inc. is divesting two more of its online brands, continuing its strategy of jettisoning some of the digital assets it has acquired in recent years to focus on its main website. The world’s biggest retailer is selling footwear website Shoes.com to...
1. Goldman Plans to Raise About $2 Billion For a New Venture Fund Goldman Sachs is planning to raise a venture and growth fund of around $2 billion, a move that would make it a bigger player in the competitive world of technology investing, according to people...
More than half of European pension funds – 54% – are considering the impact of climate-change risks in their investment allocations, up from 14% in 2019. Mercer’s latest European asset allocation insights report, which surveyed more than 900 funds, also found that 89%... 