by Sebastian | Jun 8, 2022 | News
Felix Capital has doubled its funds under management to $1.2bn thanks to a new fund close. The UK venture capital firm has closed its fourth fund on $600m, doubling the size of its predecessor and beating its $500m target after just four months in the market....
by Sebastian | Jun 8, 2022 | News
Elon Musk last week told SpaceX employees the company isn’t likely to take its Starlink satellite internet business public until 2025 or later, CNBC has learned, extending the estimated timeline for an initial public offering yet again. “I’m not sure exactly when that...
by Sebastian | Jun 8, 2022 | News
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, has been shortlisted to buy a stake in the Middle East, North Africa and central Asia Starbucks franchise held by Alshaya Group. Kuwait-based Alshaya Group, the region’s leading brand franchise owner,...
by Sebastian | Jun 8, 2022 | News
Anaplan said that private-equity firm Thoma Bravo had trimmed its takeover offer to $9.60bn, after the software maker agreed to resolve a disagreement regarding compliance with certain merger terms. The company’s shares, which have risen nearly 44% this year,...
by Sebastian | Jun 8, 2022 | News
Bain Capital has closed a $2bn “special situations fund” for the Asia-Pacific region to cover a range of asset types but with a focus on real estate, said Barnaby Lyons, one of the investment firm’s managing directors. The fund is the second of its type that Bain has...
by Sebastian | Jun 8, 2022 | News
Reorg, the distressed debt and bankruptcy information provider backed by private equity firm Warburg Pincus, has hired advisers to explore a sale of all or parts of the business, according to four people briefed about the matter. Transaction could value specialist...
