Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, has closed its WNC Preservation Equity Fund 2, L.P. It achieved its target of $100m and is the second fund...
Felix Capital has doubled its funds under management to $1.2bn thanks to a new fund close. The UK venture capital firm has closed its fourth fund on $600m, doubling the size of its predecessor and beating its $500m target after just four months in the market....
Elon Musk last week told SpaceX employees the company isn’t likely to take its Starlink satellite internet business public until 2025 or later, CNBC has learned, extending the estimated timeline for an initial public offering yet again. “I’m not sure exactly when that...
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, has been shortlisted to buy a stake in the Middle East, North Africa and central Asia Starbucks franchise held by Alshaya Group. Kuwait-based Alshaya Group, the region’s leading brand franchise owner,...
Anaplan said that private-equity firm Thoma Bravo had trimmed its takeover offer to $9.60bn, after the software maker agreed to resolve a disagreement regarding compliance with certain merger terms. The company’s shares, which have risen nearly 44% this year,... 