Blackbird’s $500m fund hopes for another hundred-bagger

Blackbird’s $500m fund hopes for another hundred-bagger

Blackbird Ventures has raised $500 million for its fourth fund, the largest in Australian venture capital history, while revealing a 9200 per cent return on a single investment in its first fund from 2013. The raising, which takes Blackbird’s total committed...
KKR offers TIM €1.8bn for minority stake in ‘last mile grid’

KKR offers TIM €1.8bn for minority stake in ‘last mile grid’

After first expressing interest earlier in the year, KKR has reportedly made a binding offer for 38% of TIM’s secondary copper and fibre networks The Italian government has long been hungry for TIM to consolidate its fibre business with that of state-owned Open Fiber,...