Netherlands-based challenger bank Bunq has agreed on the terms of $194m in investment by a British private equity firm, valuing the Dutch business at $2 billion, two sources familiar with the discussions said. Bunq was established nearly a decade ago by Ali Niknam,...
True Potential, a leading UK wealth management business, is mulling a potential $2 billion “Spac” float on Wall Street just a day after JPMorgan bought the Nutmeg platform for £700 million. Credit Suisse’s US bankers are working on plans to merge True Potential with a...
Private capital assets focused on the Asia-Pacific region are set to grow to a total $6.1 trillion by 2025, with the majority of allocations to private equity funds. Alternative assets data provider Preqin said in its inaugural Alternative Assets in Asia-Pacific...
Lead Edge Capital, a technology focused growth stage investment fund, today announced the closing of their new public equity fund. The $150m fund was raised from existing and new limited partners, and is an extension of Lead Edge’s investment strategy in the private...
Mister Car Wash is looking to raise as much as $638 million through a U.S. initial public offering, targeting a valuation of more than $5 billion, a regulatory filing on Thursday showed. The Tucson, Arizona-based company is offering 37.5 million shares priced between... 