Private equity firm Roark Capital Group has invested $200 million in publicly-traded Cheesecake Factory, a preferred stock deal that will help the dining chain steer through the Covid-19 downturn. As part of the agreement, Roark president Paul Ginsberg will join the...
Virgin Australia Holdings Ltd. became Asia’s first airline to fall to the coronavirus after the outbreak deprived the debt-burdened company of almost all income. Administrators at Deloitte, who have taken control of the Brisbane-based carrier, aim to restructure the...
Private equity firm Roark Capital Group has invested $200 million in publicly-traded Cheesecake Factory, a preferred stock deal that will help the dining chain steer through the Covid-19 downturn. As part of the agreement, Roark president Paul Ginsberg will join the...
Quest Ventures, a Singapore venture capital firm, said it completed the first close of a planned $50 million fund. Quest, founded by James Tan, raised the money from investors including Pavilion Capital of Singapore and QazTech Ventures of Kazakhstan. It’s the firm’s...
Epic Games Inc., the Fortnite videogame maker and owner of the Houseparty app that has exploded in popularity during the pandemic, has held talks to raise a new round of funding valuing it above its last valuation of $15 billion, according to people familiar with the...