Motive Partners Raises $2.5bn

Motive Partners Raises $2.5bn

Motive Partners, a leading specialized private equity firm focused on financial technology, today announced the successful final close of its second flagship fund, Motive Capital Fund 2, with total capital commitments of $2.54bn for the Fund and its affiliated...
Bill Ackman to wind up SPAC, return $4bn to investors

Bill Ackman to wind up SPAC, return $4bn to investors

Billionaire investor William Ackman, who had raised $4bn in the biggest-ever special purpose acquisition company, told investors he would be returning the sum after failing to find a suitable target company to take public through a merger. The development is a major...