Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has entered into an agreement to buy Ellie Mae, a cloud-based platform provider for the mortgage finance industry, in a deal valued at $11 billion. ICE (ICE) will acquire Ellie...
Epic Games, the Cary-based maker of the popular video game Fortnite, has raised another massive round of capital from investors. The company said Thursday that it had raised $1.78 billion from investors — an injection of cash that now values the video game maker at...
New York State Common Retirement Fund, Albany, announced new commitments totaling $2.8 billion in a June transaction report posted on the website of Thomas DiNapoli, the state comptroller and sole trustee of the $194.3 billion pension fund. Within private equity, the...
Ben Meng departs US’s top public pension fund after allegations of incomplete public disclosures. Ben Meng, the investment chief of the $400bn Californian employee pension fund, has resigned days after a blog published allegations that he had made incomplete public...
A trio of private equity majors look set to complete their agreed €2.96bn buyout of listed Spanish telecoms operator MasMovil after no rival offers for the company emerged. KKR, Cinven and Providence Equity Partners are all taking part in the deal – believed to be the...
