Snowflake Prices IPO Above Marketed Range at $120 a Share

Snowflake Prices IPO Above Marketed Range at $120 a Share

All eyes are on cloud-data software maker Snowflake Inc.’s trading debut after it raised $3.36 billion in the year’s biggest U.S. initial public offering for an operating company and the largest in software ever. The San Mateo, California-based company is set to list...
Warburg, management commit up to $1bn for new tech platform

Warburg, management commit up to $1bn for new tech platform

Private equity firm Warburg Pincus is joining forces with three veteran technology executives to form a new platform company that will have up to $1bn in equity to hunt for deals. The New York-based firm is teaming up with Mason Slaine, Jay Nadler and Karl Jaeger to...
Private equity powerhouse fully exits The Hut Group on IPO day

Private equity powerhouse fully exits The Hut Group on IPO day

KKR has made a profit of more than 300% by selling its minority stake in The Hut Group during the online health and beauty retailer’s initial public offering on the London Stock Exchange. US-based KKR sold its 20% stake for £448m just six years after investing £100m...
KKR raises over $11bn in Asia fund

KKR raises over $11bn in Asia fund

Private equity giant KKR & Co has raised over $11 billion after the first-close of its fourth Asia-focused fund, its Beijing-based managing director Chris Sun said Wednesday. KKR started marketing the new Asia fund towards the end of last year before the COVID-19...