by Sebastian | May 20, 2021 | News
D1 Capital Partners and Tiger Global-backed construction software firm Procore Technologies Inc was valued at nearly $11bn in its market debut on Thursday, after its shares opened 25% above their initial public offering price. Shares of the company, which debuted on...
by Sebastian | May 20, 2021 | News
Global investment company KKR & Co. (KKR) has launched KKR Real Estate Select Trust (KREST) with an innovative structure that allows individual investors access to the fund. KREST will enable daily subscriptions via a ticker and also provide daily net asset value...
by Sebastian | May 20, 2021 | News
Kartesia has held a final close for its fifth flagship credit opportunities fund Kartesia Credit Opportunities Fund V (KCO V) on its $1.8bn hard-cap. The vehicle is almost double the size of its predecessor, KCO IV, which closed on $1bn in 2017. Kartesia targets...
by Sebastian | May 20, 2021 | News
Polaris is expanding its activities with investments in subordinated loan capital (junior capital etc) and minority shareholdings, with the launch of Polaris Flexible Capital. Polaris expects to raise $164m for the new fund, which will support attractive Nordic...
by Sebastian | May 20, 2021 | News
Deutsche Telekom is committed to securing majority ownership of its U.S. business T-Mobile, Chief Executive Tim Hoettges told an investor presentation on Thursday. “We are clearly willing to get the majority in the timeframe that we have laid out,” Hoettges said. This...