Apollo Leads $225m Investment in Alternatives Platform CAIS

Apollo Leads $225m Investment in Alternatives Platform CAIS

Apollo Global Management is investing in CAIS, a platform that gives independent financial advisers access to alternative investment products, the latest in a string of moves by the private-equity giant aimed at reaching wealthy individuals. Apollo and fintech-focused...
Uber rival Bolt raises $711m at valuation of over $8bn

Uber rival Bolt raises $711m at valuation of over $8bn

Estonian startup Bolt said on Tuesday it had raised $711.40m from investors led by Sequoia Capital and Fidelity Management and Research Co, taking its valuation to $8.38bn. Bolt, a rival of Uber’s ride-sharing and food delivery business, last raised funding in August...
KKR to Invite Saudi Wealth Fund to Back Telecom Italia Bid

KKR to Invite Saudi Wealth Fund to Back Telecom Italia Bid

KKR has reached out to Saudi Arabia’s sovereign wealth fund as it seeks co-investors to join its proposed acquisition of Telecom Italia, people with knowledge of the matter said. KKR approached the Public Investment Fund, which is chaired by Saudi Crown Prince...