Revolut is eyeing a new fundraising round which would see the challenger bank’s valuation soar to more than $10bn. Last summer the neobank raised a further $80m to close out its series D funding round from private equity firm TSG, valuing the company at $5.5bn. Now...
Mersey oil refinery business Essar Oil (UK) is in talks with one of the world’s largest investment groups over a possible £400m investment, media reports suggest. On Friday, Sky News reported that Essar, which operates one of the UK’s biggest oil refineries on...
Mining-focused Tembo Capital Management is seeking to expand its investments in North America as the private-equity firm bets that President Biden’s $2.3 trillion proposed infrastructure plan will boost demand for industrial metals. “The numbers are quite vast in...
Lower midmarket private-equity firm Riverside Co. is aiming to collect $1.5 billion for its latest fund focused on backing smaller companies, according to people familiar with the fundraising. If the firm reaches that goal, the fund would be about 25% bigger than its...
Technology-focused Thoma Bravo is pitching a fresh strategy to investors just months after collecting $22.8 billion for three new funds. Thoma Bravo is raising its debut growth fund, which will acquire minority positions in private and publicly traded companies, and... 