by Sebastian | Nov 24, 2021 | News
Sierra Space, a commercial space company based in Louisville, raised $1.4 billion from investors during the first round of a capital raise campaign, according to a news release. The company, now valued at $4.5 billion, is building a reusable orbital spaceplane called...
by Sebastian | Nov 24, 2021 | News
Online travel agency Booking Holdings Inc on Tuesday said it would acquire Sweden-based Etraveli Group for about $1.83bn, its second major deal this month. Etraveli, currently owned by private equity firm CVC Capital Partners, offers search, book and fulfillment...
by Sebastian | Nov 24, 2021 | News, NPCD
Record-breaking fundraising, rising dry powder, and faster fundraising cycles; private equity is on steroids. Buyout shops worldwide have raised more than $714bn in dry powder so far this year, according to data provider Preqin, and the mountain of unspent capital is...
by Sebastian | Nov 23, 2021 | News, NPCD
Advent International and Centerbridge Partners offered to buy Aareal Bank AG, the German commercial real estate lender that’s been under pressure from activist investors. The private equity firms offered 29 euros per share, valuing the company at 1.74 billion euros...
by Sebastian | Nov 23, 2021 | News, NPCD
Ares Management Corporation announced that funds managed by its Alternative Credit and U.S. Direct Lending strategies led the arrangement and funding of a $400m loan facility for CrossCountry Mortgage. CDPQ, a global investment group, also participated in the...
