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  • News & Insights
Heavyweight investors see $90bn SPAC craze fizzling in the next year

Heavyweight investors see $90bn SPAC craze fizzling in the next year

by Sebastian | Apr 9, 2021 | News

Investors overseeing almost $13tn in assets say the frenzy around Spac listings will slow over the coming 12 months, predicting a spate of high profile failures will suppress appetite for so-called blank-cheque companies. Despite the large number of Spac listings,...
T Map Mobility raises pre-IPO funding of $359 mn from two PE firms

T Map Mobility raises pre-IPO funding of $359 mn from two PE firms

by Sebastian | Apr 9, 2021 | News

T Map Mobility Co., a latecomer in the mobility service provider backed by Korea’s top wireless carrier SK Telecom Co., drew pre-IPO funding of $359 million from two private equity funds for ammunitions to better compete with Kakao Mobility front-running in the...
Sumeru Equity leads $100 million funding in Canada-based Tasktop

Sumeru Equity leads $100 million funding in Canada-based Tasktop

by Sebastian | Apr 9, 2021 | News

Tasktop Technologies Inc said on Thursday it had raised $100 million in a funding round led by technology-focused private equity firm Sumeru Equity Partners. The company, which makes software-development tools, said existing investors and company management also...
New Bow River Capital Evergreen Fund Crosses $100 million in Assets Under Management

New Bow River Capital Evergreen Fund Crosses $100 million in Assets Under Management

by Sebastian | Apr 9, 2021 | News

Bow River Capital, a Denver-based private alternative asset management company, is pleased to announce that its recently launched Evergreen Fund has exceeded $100 million in assets after less than a year of operations. The Fund was launched in May 2020 and in a single...
HIG-backed hospital chain Kora files for $300 mln IPO in Brazil

HIG-backed hospital chain Kora files for $300 mln IPO in Brazil

by Sebastian | Apr 9, 2021 | News

Brazilian hospital chain Kora Saude Participacoes SA, backed by U.S. private equity firm HIG Capital, plans an initial public offering to raise roughly $300.00 million, a securities filing late on Wednesday showed. This amount reflects the mid-point of its price...
UPDATE: State-backed Japan Investment Corp, DBJ to join CVC’s Toshiba bid

UPDATE: State-backed Japan Investment Corp, DBJ to join CVC’s Toshiba bid

by Sebastian | Apr 9, 2021 | News

State-backed Japan Investment Corp and the Development Bank of Japan (DBJ) are joining CVC Capital Partners’ bid to take Toshiba Corp private, Nikkei reported on Friday. The fund is set to offer 5,000 yen per share, with plans to launch a tender offer in early July...
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