South Korea’s $200bn sovereign wealth fund plans to boost investments in Silicon Valley startups as it looks to the metaverse and artificial-intelligence to accelerate its expansion in alternative assets. Seoungho Jin, who took over the reins of Korea Investment Corp....
FNZ, the global wealth management platform, today announces that it has secured $1.4bn in new equity funding from Canada Pension Plan Investment Board and Motive Partners, in one of the largest ever primary equity raises in the wealth management sector. The...
Inflexion is pleased to announce it has agreed to sell its investment in Alcumus, a global market leader in technology-led risk management and compliance solutions to funds advised by Apax Partners. The transaction values Alcumus at over £600m, generates a return of...
Vodafone Group Plc has rejected an $12.9bn offer for its Italian unit from a consortium backed by billionaire Xavier Niel’s Iliad. The approach was “not in the best interests of shareholders,” Vodafone said in a statement Thursday, which confirmed an early Bloomberg...
Investment fund Apollo Global Management is closing in on a deal to buy the point-of-sale (POS) terminal business of France-based Worldline for nearly $2.3bn, according to a report in The Wall Street Journal on Friday. Worldline shares were rallying 8% in Paris... 