BlackRock (BLK.N), the world’s biggest asset manager, has appointed two executives to oversee its operations in continental Europe as part of efforts to expand in the region, a memo to staff on Wednesday seen by Reuters showed. BlackRock has accelerated its investment...
Toast Inc., which makes point-of-sale technology for restaurants, raised $400 million at a $4.9 billion valuation in a fundraising round led by investors including Bessemer Venture Partners and TPG. Other investors that led the funding round are Tiger Global...
That it’s become mainstream for large investors seeking attractive risk/return trade offs beyond traditional markets should not be lost on retail investors. A decade ago private equity was considered to be a fringe asset class but today it is generally accepted...
Italian payments firm SIA is moving ahead with preparations for a share listing on the Milan bourse and is expected to pick JPMorgan (JPM.N) and UniCredit (CRDI.MI) in what would be one of southern Europe’s largest floats this year, sources said. SIA, which is being...
Swiss language tutor Education First (EF) has entered exclusive talks with global private equity firm Permira to sell its China operations, in a deal valuing the business at $1.6 billion, said two people with direct knowledge of the matter. EF, owned by founder Bertil...
