by Sebastian | Aug 31, 2023 | News
BENGALURU (Reuters) – SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at 9.47bn rupees ($114.7m), exchange data showed. The venture capital fund, part of Japan’s SoftBank Group, sold 100m shares at...
by Sebastian | Aug 31, 2023 | News
The Kuwait Investment Office’s AUM grew from $27bn in 2003 to $250bn this year. The London arm of Kuwait Investment Authority, which manages the country’s sovereign wealth fund, has $250bn of assets under management, KIA Chairman Saad Al Barrak said. The Kuwait...
by Sebastian | Aug 31, 2023 | News
Goldman Sachs’ proposed sale of FinTech lender GreenSky is reportedly entering its final stages, with bidders asked to place their best and final offers. US private equity company Apollo Global Management, investment firm Sixth Street, and the AI fintech Pagaya...
by Sebastian | Aug 31, 2023 | News
An affiliate of Paceline Equity Partners, LLC , a Dallas-based private equity manager, today announced that it has participated in a $175m financing facility to support GCOM Software LLC’s merger with OnCore Consulting, LLC. GCOM is a portfolio company of Sagewind...
by Sebastian | Aug 31, 2023 | News
(Alliance News) – Gresham House on Wednesday said that its shareholders approved the planned takeover by US-based private equity and debt investor Searchlight Capital Partners. The takeover is still subject to certain conditions, such as the court’s...