Posted on 1/14/21
Audax Private Equity Announces Successful Closing of $1.7 Billion Continuation Fund Led by AlpInvest Partners, Lexington Partners, and Hamilton Lane
BOSTON--(BUSINESS WIRE)--Audax Private Equity announced today the successful completion of its first Continuation Fund. The fund is comprised of $1.7 billion in capital commitments, which funded the . . .
Posted on 1/14/21
Warburg Pincus Invest $125 Million in LendingPoint
ATLANTA--(BUSINESS WIRE)--LendingPoint, a financial technology platform, today announced a $125 million preferred equity investment from Warburg Pincus, a leading global private equity firm focused on growth . . .
Posted on 1/13/21
Figure, J.P. Morgan Close $100 Million Financing Facility for Jumbo
SAN FRANCISCO--(BUSINESS WIRE)--Figure Technologies, Inc. a leader in transforming financial services through the power of blockchain technology, announced today its subsidiary Figure Lending LLC has closed a . . .
Posted on 1/13/21
CIT Leads $69 Million Financing for Solar Portfolio
CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and . . .
Posted on 1/13/21
BBH Capital Partners Invest In DynaGrid Holdings
BBH Capital Partners today announced that it has completed a strategic growth investment in DynaGrid Holdings, LLC in partnership with the existing management team and founding owners. Headquartered . . .
Posted on 1/13/21
Balance Point Capital Invest in Eventus WholeHealth
Balance Point Capital, in conjunction with its affiliated funds, Balance Point Capital Partners III, L.P, Balance Point Capital Partners IV, L.P, and Balance Point Capital Partners . . .
Posted on 1/13/21
Silver Lake Raises $20 Billion for SLP VI
MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--Silver Lake, the global leader in technology investing, announced today that it raised approximately $20 billion for Silver Lake Partners . . .
Posted on 1/13/21
Trilantic North America Invest in Orva
NEW YORK--(BUSINESS WIRE)--Trilantic North America, a leading private equity firm, announced today that it has closed on an investment in Orva, a full-service e-commerce platform specializing . . .
Posted on 1/13/21
Lazard Reports December 2020 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management as of December 31, 2020 totaled approximately $258.6 billion. The month’s AUM . . .
Posted on 1/13/21
Fortress Capital Acquisition Corp. Prices of $350 Million Upsized IPO
NEW YORK--(BUSINESS WIRE)--Fortress Capital Acquisition Corp., a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, . . .
Posted on 1/13/21
TIG Advisors Acquires Minority Interest in Arkkan Capital
NEW YORK--(BUSINESS WIRE)--TIG Advisors, LLC, a New York-based alternative asset manager with approximately $7 billion in assets that provides growth capital, comprehensive infrastructure support and management . . .
Posted on 1/13/21
2 Things Wells Fargo Could Do Better in 2021
CEO Charlie Scharf and Wells Fargo's (NYSE:WFC) leadership team have made some great strides toward a turnaround. They have overhauled the corporate culture that led to . . .
Posted on 1/13/21
Wells Fargo Launches Unit to Improve Sales Practices
Wells Fargo (NYSE:WFC) is launching a new advisory group inside the bank to improve sales practices and enhance customers' experiences, the company announced in a press . . .
Posted on 1/12/21
The Next Practices Group Invest in Bliss Integrated Communication
AUSTIN, Texas & NEW YORK--(BUSINESS WIRE)--We are pleased to announce today that The Next Practices Group (NPG) has invested in Bliss Integrated Communication (Bliss), joining forces . . .
Posted on 1/12/21
Blackstone Private Credit Fund Breaks Escrow with Net Proceeds of $814 Million
NEW YORK--(BUSINESS WIRE)--Blackstone today announced that Blackstone Private Credit Fund, the firm’s non-listed business development company, broke escrow with approximately $814 million in net proceeds for . . .
Posted on 1/12/21
Littlejohn Invests In Valcourt Building Services
GREENWICH, Conn.--(BUSINESS WIRE)--Littlejohn & Co., LLC, a private investment firm based in Greenwich, CT, today announced it has made a significant growth investment in Valcourt Building . . .
Posted on 1/12/21
Solaris Health Partners With MidLantic Urology Partners
NEW YORK--(BUSINESS WIRE)--Solaris Health, a partnership formed by New York-based Integrated Medical Professionals and Cincinnati-based The Urology Group, has joined forces with The Centers for Advanced Urology, . . .
Posted on 1/12/21
1847 Holdings Plans for $25 Million Capital Raise
NEW YORK, Jan. 11, 2021 (GLOBE NEWSWIRE) -- 1847 Holdings LLC (OTCQB: EFSH), a publicly traded, diversified acquisition holding company that leverages its management expertise to . . .
Posted on 1/12/21
airSlate Announces $80 Million in Total Capital Raise from Morgan Stanley Expansion Capital, General Catalyst and HighSage Ventures
BOSTON--(BUSINESS WIRE)--airSlate, a leader in no-code business automation solutions, today announced the closing of $40 million in additional investment from leading growth investors for a total . . .
Posted on 1/12/21
Vedanta Biosciences Announces $25 Million Investment from Pfizer
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Vedanta Biosciences, a leading clinical-stage company developing a new category of therapies for immune-mediated diseases based on rationally defined consortia of human microbiome-derived bacteria, . . .
Posted on 1/12/21
Is JPMorgan Chase Still a Warren Buffett Stock?
Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) CEO Warren Buffett has now been dumping bank stocks for three straight quarters. But I was still surprised to see the Oracle of . . .
Posted on 1/12/21
Can Wells Fargo Bounce Back in 2021?
There is no denying that 2020 was a bad year for bank stocks in general. But it was a really bad year for Wells Fargo (NYSE:WFC), . . .
Posted on 1/12/21
Piedmont Lithium Announces Investment in Quebec Hard-Rock Lithium Developer Sayona Mining
NEW YORK--(BUSINESS WIRE)--Piedmont Lithium Limited is pleased to announce that it has entered into agreements to establish a strategic partnership with Sayona Mining Limited (ASX:SYA) through the . . .
Posted on 1/12/21
TriSpan Provides Strategic Investment to Prestige PEO Holdings
NEW YORK & MELVILLE, N.Y.--(BUSINESS WIRE)--TriSpan LLP a leading lower middle-market private equity investment firm announced today the completion of its strategic investment in Prestige PEO . . .
Posted on 1/12/21
Enfusion Receives $150M Investment from ICONIQ Growth
Enfusion, a global leader in investment management technology solutions and services, announced that it has received a $150 million minority investment from ICONIQ Growth. The funding . . .
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