by Sebastian | May 27, 2021 | News
Temasek Holdings-backed payments firm Flywire Corp was valued at $3.39 billion in its Nasdaq debut on Wednesday, 239% higher from its valuation after a funding round in February last year, according to data from Pitchbook. The company’s shares opened at $34 each, up...
by Sebastian | May 27, 2021 | News
Private-equity giant KKR & Co has offered to buy online real estate company PEXA in a $2.32 billion deal, top shareholder Link Administration Holding Ltd said on Thursday. Link, which owns 44.2% of PEXA, had set June as a deadline for bidders as it evaluates a...
by Sebastian | May 27, 2021 | News
Värde Partners, a global alternative investment firm, has closed a commercial real estate collateralized loan obligation. This is the firm’s fourth and largest CRE CLO, and eighth securitization of commercial real estate collateral. The asset pool has an aggregate...
by Sebastian | May 27, 2021 | News
Amazon has agreed to buy the historic MGM studios for $8.45bn. MGM is one of Hollywood’s most famous studios, having produced classic films such as Some Like It Hot and Singin’ In The Rain. MGM is owned by a group of private-equity firms, including...
by Sebastian | May 27, 2021 | News
A new report which shows an that the PE sector is supporting over 10 million workers across the continent and creating over a quarter of a million jobs in sectors that will help feed the recovery from the Covid-19 crisis. A total of 10.2 million people were employed...