T. Rowe Price acquires Oak Hill Advisors for $7.5bn

T. Rowe Price acquires Oak Hill Advisors for $7.5bn

T. Rowe Price is buying alternative credit manager Oak Hill Advisor for a total consideration of $7.5bn, to be paid mostly in cash, as demand for alternative credit strategies among institutional investors gathers pace. The $1.61trn investment manager will acquire...
Software firm ClickUp valued at $4bn in new funding round

Software firm ClickUp valued at $4bn in new funding round

Task management software company ClickUp said on Wednesday it was valued at $4bn after a $400m funding round that was co-led by venture capital firm Andreessen Horowitz and technology investment firm Tiger Global Management. The Series C round, which brings the total...