by Sebastian | Oct 20, 2022 | News
Steve Ballmer, billionaire owner of the L.A. Clippers NBA team and former CEO of Microsoft, has been a major philanthropist for years. Now he’s investing $400m to support Black-owned businesses. Ballmer, along with wife Connie Ballmer, will partner with established...
by Sebastian | Oct 18, 2022 | News
Doral Renewables has entered into an agreement to sell up to $500m of convertible notes to funds managed by Apollo affiliates and Migdal Insurance, a leading Israeli insurance and pension company. The Notes are convertible to common equity interests in the company at...
by Sebastian | Oct 18, 2022 | News
Vertex Ventures, backed by Singapore state investor Temasek, is set to raise nearly $500m for a new fund that will invest in efforts to step up China’s domestic tech development, a senior executive said. The new fund’s size will exceed an initial target of...
by Sebastian | Oct 18, 2022 | News
Ping Identity, the intelligent identity solution for the enterprise, announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $2.8bn. The agreement to be acquired was previously...
by Sebastian | Oct 18, 2022 | News
Carlyle Group’s credit arm has invested a combined $1.5bn in the debt of two of the highest profile deals of the year so far, the buyout of Citrix Systems Inc and Nielsen Holdings Plc, according to a report by Bloomberg. The report cites unnamed sources as...