Mass PRIM Sets Up an Emerging Manager Program With Diversity Goal

Mass PRIM Sets Up an Emerging Manager Program With Diversity Goal

Massachusetts’s largest state pension manager is creating a program to increase engagement with diverse emerging managers while stepping up reporting requirements on diversity and inclusion for current investment managers. The pension’s expanded due diligence...
Tiger Global in Talks to Raise $10bn for New Growth Equity Fund

Tiger Global in Talks to Raise $10bn for New Growth Equity Fund

New York-based investment firm Tiger Global is in talks with investors to raise $10bn for a new growth equity fund, reports Axios. This comes just a month after the firm raised a mammoth $6.65bn in its thirteenth global fund, its biggest corpus so far. It had also...
Pe-backed Wearable Health Tech Maker Oura Raises $100 Million

Pe-backed Wearable Health Tech Maker Oura Raises $100 Million

The wearable fitness manufacturer Oura announced a $100m investment round on Tuesday, a funding round that brings the company’s total financing to just over $148m. As Forbes pointed out, Oura has had a busy year, with several sports leagues — the NBA, WNBA and NASCAR...
CS Energy Announces Closing of Acquisition by American Securities

CS Energy Announces Closing of Acquisition by American Securities

CS Energy, a leading integrated energy firm that designs and builds optimised projects in the solar, storage, and emerging energy industries, announced today that it has been acquired by affiliates of American Securities LLC, a leading US private equity firm. American...