UBS and German asset manager DWS are pressing ahead with final bids for the asset management arm of NN Group after Europe’s biggest insurers pulled out of the auction, three sources familiar with the deal told Reuters. Prudential Financial Inc and U.S. asset manager...
Swedish fintech firm Klarna said Thursday that it raised $639 million in a new funding round led by SoftBank, valuing the company at $45.6 billion. Klarna is one of the largest providers of “buy-now-pay-later” services, which let people finance their shopping...
Blackstone Group and Starwood Capital Group’s proposed takeover of Extended Stay America is expected to pass a shareholder vote Friday despite opposition from some of its investors, according to people familiar with the matter. Valued at approximately $6 billion,...
At Private Equity Insights we have gathered this week’s biggest news in the private equity and venture capital markets. 1. J.P. Morgan Asset Management Launches Growth Equity Platform J.P. Morgan Asset Management today announced the launch of J.P. Morgan Private...
In early June, six leading industry figures sat down to discuss the rapidly expanding space economy. This virtual roundtable, hosted by NewSpace Capital, explores everything from why the space industry is more about data than launches, to how one can succesfully... 