by Sebastian | Jan 12, 2022 | News
Cerberus’ sale this week of part of its sizeable holdings in Deutsche Bank (DBKGn.DE) and Commerzbank is likely the first step to a full exit from the lenders by the U.S. investor, said two people with knowledge of the matter. For years, profits in the financial...
by Sebastian | Jan 12, 2022 | News
MBK Partners, a North Asia-focused private equity firm founded by billionaire Michael Kim, has agreed to sell a roughly 13% stake to Dyal Capital Partners, according to people with knowledge of the matter. The transaction is valued at about $1 billion, the people...
by Sebastian | Jan 12, 2022 | News
Citadel Securities said on Tuesday venture capital firm Sequoia Capital and crypto-focused investment company Paradigm had made a $1.15bn minority investment in it, giving the market maker founded by billionaire Ken Griffin a valuation of nearly $22bn. The funding...
by Sebastian | Jan 12, 2022 | News
Blackstone announced the final close of Blackstone Capital Opportunities Fund IV. With the final close of COF IV, Blackstone Credit has $8.75bn available for its opportunistic private debt strategy. COF has an almost 15-year track record of providing private...
by Sebastian | Jan 12, 2022 | News
Goldman Sachs’ private equity division Goldman Sachs Asset Management has invested $250m in a Canadian long-duration energy storage provider. Hydrostor, the company that has secured the funds, said the investment will help it build 8.7GWh long-duration energy storage...
by Sebastian | Jan 12, 2022 | News
Checkout.com said its valuation more than doubled to $40 billion in a year, following a $1 billion investment in the financial technology company that will be used to launch products and further its involvement in the so-called Web3 space. Several new and existing...
