by Sebastian | May 12, 2021 | News
SoftBank Group Corp on Wednesday reported a record $37bn Vision Fund unit profit from a fourth-quarter gain on Coupang, putting it among the world’s top earning firms a year after an unprecedented loss. Group net profit was $45.88bn in the year ended March, beating...
by Sebastian | May 12, 2021 | News
Cain International, a privately held investment firm led by Jonathan Goldstein, has announced the close of its European Real Estate Opportunity Fund I, following investments from Goldman Sachs’ Vintage Funds and US-based Security Benefit Life Insurance Company, as...
by Sebastian | May 12, 2021 | News
Investment firms Knighthead Capital and Certares Management appear to have won an auction to fund U.S. car rental firm Hertz Global’s exit from bankruptcy, according to a Bloomberg News reporter on Wednesday. The firms along with private equity company Apollo...
by Sebastian | May 12, 2021 | News
Vinted has announced that it has closed an all-equity round of $303m funding led by EQT Growth, that values the company at $4.5bn post-money. The circular economy — where consumers themselves are both the suppliers and buyers of goods and services — has come into its...
by Sebastian | May 12, 2021 | News
Deerpath Capital Management, a firm that makes loans to smaller companies, has closed its fifth fund at $1.1bn. The firm primarily lends to private equity-backed lower middle-market companies. The vehicle, Deerpath Capital V LP, exceeded the firm’s initial target and...
