by Sebastian | Feb 12, 2021 | News
General Motors Co., Detroit, expects to contribute about $500 million to its non-U.S. pension funds in 2021. The automaker also expects to contribute about $70 million to its U.S. non-qualified pension funds during the year, according to a 10-K filing Wednesday with...
by Sebastian | Feb 12, 2021 | News
Nordea Asset Management (NAM) – a specialist in sustainable and responsible investing – has received an allocation in excess of $550 million into its Emerging STARS Bond strategy. The investment came from Danish pension provider Velliv. Nordea’s Emerging STARS Bond...
by Sebastian | Feb 12, 2021 | News
Private equity firms were eager to capitalize on a red-hot stock market in the US during 2020, leading to a 200% spike in the annual value of PE-backed IPOs, according to PitchBook data. This week’s headline-grabbing debut from Bumble is the latest sign all that...
by Sebastian | Feb 12, 2021 | News
Mobile banking platform MoneyLion Inc said on Friday it has agreed to go public through a merger with blank-check firm Fusion Acquisition Corp, in a deal that values the equity of the combined company at $2.9 billion. MoneyLion said it expects the combined company,...
by Sebastian | Feb 12, 2021 | News
Peloton Equity, a healthcare-focused private equity firm, has closed its second fund Peloton Equity II with $152.25 million in limited partner and general partner commitments. Fund II will seek to continue Peloton’s strategy of investing growth capital in innovative...
by Sebastian | Feb 12, 2021 | News
High street survivor Prezzo is clinging on to its place in the Italian chain restaurant landscape after completing its takeover by private equity firm Cain International, as reported by Big Hospitality. The takeover, which buys the restaurant group out of...
