by Sebastian | Jan 26, 2022 | News
BlackRock Real Assets has raised €1.4bn for Global Infrastructure Solutions 4 (GIS 4), its latest private infrastructure equity fund. The manager said BlackRock Infrastructure Solutions, its infrastructure multi-manager investment arm, has closed GIS 4 after receiving...
by Sebastian | Jan 26, 2022 | News
KKR and other investors in haircare giant Wella Corp. are set to extract one of the largest-ever dividend payments taken in Europe’s leveraged loan market. The shareholders are in line for a $989 million-equivalent payment from the Geneva-based company, according to...
by Sebastian | Jan 26, 2022 | News
Swiss bank UBS has agreed to buy Wealthfront, a U.S.-focused automated wealth management provider with more than $27bn in assets under management, in an all-cash deal the two companies said was worth $1.4bn. The acquisition of Wealthfront, which has more than 470,000...
by Sebastian | Jan 26, 2022 | News
Bolt, a checkout technology firm, continues to acquire new financing quickly. According to sources close to the company, Bolt raised $355m in Series E funding on Friday, valuing the company at $11bn. Bolt’s one-click checkout seeks to provide businesses with the same...
by Sebastian | Jan 26, 2022 | News
A leading challenger bank and the world’s biggest bond fund manager are among the parties vying to carve up Kensington, the specialist mortgage lender. Sky News has learnt that Starling Bank is bidding against Barclays and another high street lender to buy...
by Sebastian | Jan 26, 2022 | News
GTCR, a leading private equity firm founded in 1980, today announced the recent closing of its first Strategic Growth Fund with $2.0bn of limited partner capital commitments. The new fund, which launched fundraising in August 2021, was raised from investors in prior...
