by Sebastian | May 6, 2021 | News
Advent-backed French start-up Shift Technology, a developer of software to help insurers detect fraudsters, has closed a $220m fundraising that brings its valuation to over $1bn, it said on Thursday. Shift Technology’s latest fundraising was led by private...
by Sebastian | May 6, 2021 | News
EQT-backed enterprise software company SUSE set the price range for its initial public offering in Frankfurt on Wednesday, implying a market capitalisation of between $5.9-$6.9bn. SUSE, whose open-source software helps run applications on cloud servers, mainframe...
by Sebastian | May 5, 2021 | News
Massachusetts’s largest state pension manager is creating a program to increase engagement with diverse emerging managers while stepping up reporting requirements on diversity and inclusion for current investment managers. The pension’s expanded due diligence...
by Sebastian | May 5, 2021 | News
New York-based investment firm Tiger Global is in talks with investors to raise $10bn for a new growth equity fund, reports Axios. This comes just a month after the firm raised a mammoth $6.65bn in its thirteenth global fund, its biggest corpus so far. It had also...
by Sebastian | May 5, 2021 | News
The wearable fitness manufacturer Oura announced a $100m investment round on Tuesday, a funding round that brings the company’s total financing to just over $148m. As Forbes pointed out, Oura has had a busy year, with several sports leagues — the NBA, WNBA and NASCAR...
by Sebastian | May 5, 2021 | News
CS Energy, a leading integrated energy firm that designs and builds optimised projects in the solar, storage, and emerging energy industries, announced today that it has been acquired by affiliates of American Securities LLC, a leading US private equity firm. American...