Technology-focused private equity firm Accel-KKR has closed its latest fund, Accel-KKR Emerging Buyout Partners LP at USD640 million, bringing Accel-KKR’s total assets under management to over USD10 billion. “Despite the less-than-ideal conditions imposed by the...
Fitness tracker startup Whoop said on Wednesday it raised $100 million in Series E funding from investors including venture capital firm IVP and SoftBank Vision Fund 2, valuing the company at $1.2 billion. Popular athletes like 10-time NBA All-Star Kevin Durant, Super...
A dozen years on from the collapse of Lehman Brothers, some of its remaining creditors received word that a payment would be coming their way. The announcement last month that holders of two “enhanced capital advantaged preferred securities” issued by Lehman with a...
Itiviti’s technology is used by investment banks that are benefiting from a surge in equity volatility amid the coronavirus pandemic. Its products include the NYFIX order routing network, which connects more than 1,600 brokerages and fund managers, according to its...
GetYourGuide Deutschland GmbH, a booking startup backed by SoftBank Group Corp., has raised 114 million euros ($134 million) via a convertible loan, after the pandemic continues to disrupt the travel industry. The investment was lead by private equity firm Searchlight...