Softbank Vision Fund 2 has led a Series E $200m investment in Andela, a global network for remote engineering talent, that values the company at $1.5bn. Other investors in the round included new investor Whale Rock and existing investors: Generation Investment...
Britain’s Playtech said on Wednesday it would sell its financial trading unit to Gopher Investments, the company’s second-biggest shareholder, for $250m, after investors had rejected a rival deal agreed to earlier this year. The cash deal for Finalto has been...
KKR is considering a sale of its Japanese power tool and life science equipment maker Koki Holdings Co. amid interest from potential buyers, according to people familiar with the matter. The New York-based private equity firm is working with a financial adviser on the...
A group of global private equity firms and pensions funds managing over $4 trillion in assets have joined hands to standardize reporting on environmental, social and governance (ESG) performance of portfolio companies. The group, led by Carlyle Group and the...
New Jersey’s state pension manager plans to begin reinvesting gains from a $1.7bn separately managed account run by BlackRock Inc. as a way to increase exposure to private equity, according to documents prepared for a public meeting on Wednesday. The state’s Division... 