Fallen euro offers discounts in Europe’s private sector

Fallen euro offers discounts in Europe’s private sector

Eurozone economies face headwinds including soaring inflation, an energy crunch stemming from the war in Ukraine, an expected recession and the plunging euro that in July fell to parity with the U.S. dollar for the first time since 2002. With the best dollar-to-euro...
Crypto firm 21.co raises funding at $2bn valuation

Crypto firm 21.co raises funding at $2bn valuation

Crypto investment product firm 21.co, the parent of 21Shares, said it had raised $25m in a funding round led by Marshall Wace that valued the company at $2bn. “With this round of financing, 21.co will continue to drive rapid, targeted growth through...
Welkin China Private Equity plans $300m IPO in London

Welkin China Private Equity plans $300m IPO in London

Welkin China Private Equity said it plans to launch an initial public offering on the London Main Market. The company aims to raise up to USD300 million. Its investment manager is Welkin Capital Management (Asia) Ltd. As seed assets it will acquire a USD15 million...
PE Firm Baring Raises About $11bn for Its Largest Fund

PE Firm Baring Raises About $11bn for Its Largest Fund

Baring Private Equity Asia has gathered about $11bn as it wraps up commitments for a fund that’s set to be the biggest pool of capital in the firm’s history, according to people familiar with the matter. The Hong Kong-based investment manager raised about 70% more...