Dealmakers are turning to drones to help complete transactions in the era of social distancing. Coty Inc. and the suitors for its professional beauty unit that could fetch as much as $8 billion are considering conducting due diligence by flying drones across...
Insight Partners announced this morning the final close of a massive $9.5 billion growth equity fund, dubbed Fund XI, its largest to date. The New York-based firm said it will use the money to continue to invest in “high potential software companies” in the form of...
The company has invested in a number of well-known fintechs, including Revolut and Robinhood The venture investor Index Ventures has secured a fresh $2bn in capital amid fears over a fundraising freeze for tech start-ups. The money will be split into two funds, with...
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has accumulated stakes in four major European oil companies, a source familiar with the transaction said. The four are Royal Dutch Shell, France’s Total, Norway’s Equinor and Italy’s Eni, the...
Legendary short-seller Jim Chanos said he’s troubled that private equity is seeking financial aid from the federal government due to the economic impact of the coronavirus epidemic. “‘I’m a little bemused, puzzled and somewhat outraged, I guess, that private equity...
