HgCapital Aims for Up to $1bn With Debut Debt Fund

HgCapital Aims for Up to $1bn With Debut Debt Fund

HgCapital LLP is pitching a new fund that would provide debt to the private-equity portfolio companies that the London-based firm backs. The fund would invest in eight to 10 portfolio companies across two fund strategies of HgCapital. The new credit fund, Hg Titan I...
SoftBank leads $260m Funding for Product Warranty Company Extend

SoftBank leads $260m Funding for Product Warranty Company Extend

Extend, a San Francisco tech startup that makes it easier for businesses to offer product warranties, said on Tuesday it raised $260m in a funding round led by SoftBank Group Corp’s Vision Fund 2 that valued the company at over $1bn. Extend allows companies to add a...