Brex Raised $425m at a $7.4bn Valuation Led by Tiger Global

Brex Raised $425m at a $7.4bn Valuation Led by Tiger Global

Mere weeks after rival corporate spend startup Ramp announced that it raised a two-part round worth $115m at a $1.6bn valuation, this morning Brex disclosed a $425m funding led by Tiger Global. The new capital marks Brex’s largest fundraise to date, and was compiled...
Private equity firm Carlyle seeks $22bn for buyout fund

Private equity firm Carlyle seeks $22bn for buyout fund

Carlyle Group Inc is looking to raise $22bn for its eighth flagship private equity fund, Bloomberg News reported on Monday, citing people familiar with the matter. About $2bn would be earmarked for growth and technology-focused companies and will include strategies in...
Neuberger Berman Collects $280m for Debut Impact Fund

Neuberger Berman Collects $280m for Debut Impact Fund

Asset manager Neuberger Berman Group LLC has wrapped up its debut impact fund with nearly $280m in commitments. With its NB Private Equity Impact Fund LP, the firm takes minority stakes in opportunities that focus on quantifiable outcomes in several areas, according...
Carlyle to acquire Unchained Labs for $435m

Carlyle to acquire Unchained Labs for $435m

Carlyle Group has agreed to buy a majority stake in life sciences company Unchained Labs for $435m, the private equity firm said on Monday. The move underscores growing private equity interest in life sciences businesses, including biopharmaceutical companies and...