by Sebastian | Apr 16, 2021 | News
Brazilian private equity firm IG4 Capital has delivered a $916 million bid to buy into holding companies that have large stakes in Chilean lithium miner Sociedad Quimica y Minera de Chile, known as SQM, two sources with knowledge of the matter said. If SQM’s...
by Sebastian | Apr 16, 2021 | News
Healthcare platform Agilon health gained a valuation of nearly $11 billion in its market debut on Thursday, after the company’s shares opened 23% above their offer price. At $11 billion, Agilon would be worth more than the combined valuation of private equity-backed...
by Sebastian | Apr 16, 2021 | News
China’s CITIC Private Equity (CPE) aims to raise $3 billion in a new dollar-denominated fund and has reached a first-close of $1.8 billion, a person with direct knowledge told Reuters on Friday. CPE is planning to complete the fundraising by year-end, said the...
by Sebastian | Apr 16, 2021 | News
Investment from current shareholders Centurium Capital and Joy Capital will help facilitate a debt restructuring and pay an SEC settlement, Luckin says. Luckin Coffee Inc. said it has secured a $260 million investment from two Chinese private-equity firms, funding...
by Sebastian | Apr 15, 2021 | News
Jonathan Ross left Google to launch next-generation semiconductor startup Groq in 2016. The California-based firm said that it had raised $300 million led by Tiger Global Management and billionaire investor Dan Sundheim’s D1 Capital as it officially launched into...
by Sebastian | Apr 15, 2021 | News
Ares Management Corporation is the latest investor looking to capitalize on growing distress in senior housing having raised $1.7 billion in commitments for its newest opportunity fund, beating its $1.5 billion target. Distressed senior housing is expected to play a...