KKR-backed cybersecurity start-up KnowBe4 readies IPO

KKR-backed cybersecurity start-up KnowBe4 readies IPO

Cybersecurity startup KnowBe4 Inc, which helps train employees to detect phishing emails, is preparing for a U.S. initial public offering (IPO), people familiar with the matter said. KnowBe4, which last year raised $300 million in a private fundraising round led by...
Nordic Capital’s tenth fund debuts with €500m deal

Nordic Capital’s tenth fund debuts with €500m deal

Nordic Capital has closed the debut deal of its tenth buyout fund, which has now collected €5.75bn, a person familiar with the situation told.  Launched earlier this year, the Nordic Capital Fund X is now the firm’s largest capital pool to date. Its...
GIC joins consortium investing US$418m in I-Mab

GIC joins consortium investing US$418m in I-Mab

Singapore’s sovereign wealth fund GIC has joined a consortium of institutional investors, led by Hillhouse Capital Group, to invest around US$418 million through a private placement in Nasdaq-listed I-Mab, a clinical stage biopharmaceutical company. I-Mab is...
Bill Ackman held early talks to take Airbnb, Stripe public

Bill Ackman held early talks to take Airbnb, Stripe public

Bill Ackman said he has held preliminary discussions with Airbnb Inc., Stripe Inc., and others about potentially going public through a merger with his blank-check company. The billionaire investor held “get-to-know-you” discussions with Airbnb’s management, Ackman...
Pandemic hampers private capital deals in Asia Pacific

Pandemic hampers private capital deals in Asia Pacific

The coronavirus pandemic has hampered private capital transactions in e-commerce in the Asia-Pacific region, according to a report by data provider Preqin. Only $7bn were invested across 388 private capital e-commerce transactions in the region during 1H of 2020,...