Revolut targets $10bn valuation in upcoming funding round

Revolut targets $10bn valuation in upcoming funding round

Revolut is eyeing a new fundraising round which would see the challenger bank’s valuation soar to more than $10bn. Last summer the neobank raised a further $80m to close out its series D funding round from private equity firm TSG, valuing the company at $5.5bn. Now...
Tembo Capital Increases Its Mining Bets in North America

Tembo Capital Increases Its Mining Bets in North America

Mining-focused Tembo Capital Management is seeking to expand its investments in North America as the private-equity firm bets that President Biden’s $2.3 trillion proposed infrastructure plan will boost demand for industrial metals. “The numbers are quite vast in...
Riverside Targets $1.5 Billion for Latest Microcap Fund

Riverside Targets $1.5 Billion for Latest Microcap Fund

Lower midmarket private-equity firm Riverside Co. is aiming to collect $1.5 billion for its latest fund focused on backing smaller companies, according to people familiar with the fundraising. If the firm reaches that goal, the fund would be about 25% bigger than its...