Investment firm Vistria Group is on track to collect more than $2 billion for its fourth fund and will hold a final close for it by the second half of this year. The Chicago firm’s new fund had a $1.5 billion target. The firm has already collected $900 million for...
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...
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...
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...
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... 