by Sebastian | Feb 12, 2021 | News
General Motors Co., Detroit, expects to contribute about $500 million to its non-U.S. pension funds in 2021. The automaker also expects to contribute about $70 million to its U.S. non-qualified pension funds during the year, according to a 10-K filing Wednesday with...
by Sebastian | Feb 12, 2021 | News
Nordea Asset Management (NAM) – a specialist in sustainable and responsible investing – has received an allocation in excess of $550 million into its Emerging STARS Bond strategy. The investment came from Danish pension provider Velliv. Nordea’s Emerging STARS Bond...
by Sebastian | Feb 12, 2021 | News
Private equity firms were eager to capitalize on a red-hot stock market in the US during 2020, leading to a 200% spike in the annual value of PE-backed IPOs, according to PitchBook data. This week’s headline-grabbing debut from Bumble is the latest sign all that...
by Sebastian | Feb 12, 2021 | News
Mobile banking platform MoneyLion Inc said on Friday it has agreed to go public through a merger with blank-check firm Fusion Acquisition Corp, in a deal that values the equity of the combined company at $2.9 billion. MoneyLion said it expects the combined company,...
by Sebastian | Feb 12, 2021 | News
Peloton Equity, a healthcare-focused private equity firm, has closed its second fund Peloton Equity II with $152.25 million in limited partner and general partner commitments. Fund II will seek to continue Peloton’s strategy of investing growth capital in innovative...