by Sebastian | Nov 25, 2022 | News
Whisper it, but biotech SPACs appear to be back in fashion. The latest is cancer-focused Aum Biosciences, which is merging with blank check company Mountain Crest Acquisition to put its MNK and TRK inhibitors into phase 2 testing. The transaction—which is expected to...
by Sebastian | Nov 25, 2022 | News
Apollo announced that it has closed on $2.4bn in commitments for the Apollo Accord+ Fund, its commingled multi-asset opportunistic credit offering. These new commitments bring total fundraising for the overarching Accord strategy to approximately $11bn since...
by Sebastian | Nov 25, 2022 | News
Private equity firm Stonepeak Partners is aiming to raise between $15bn and $20bn for its next flagship North American infrastructure fund to invest in assets such as utilities, data centers, ports and railways, according to people familiar with matter. The...
by Sebastian | Nov 25, 2022 | News
Credit Suisse has issued 462m new shares to qualified investors at 3.82 Swiss francs ($4.05) per share, the bank said on Thursday, outlining details of its 4 billion franc capital hike. The capital increase, which was approved by investors on Wednesday, is intended to...
by Sebastian | Nov 25, 2022 | News
The C$242bn-managing Ontario Teachers’ Pension Plan has agreed to pay almost $1.5bn for a 25% stake in the electricity transmission network of Scotland-based energy provider SSE. SSEN Transmission transports electricity generated from renewable resources – including...
