For a third consecutive year, the U.S. insurance industry as a whole pulled back from hedge fund investments, by roughly $2bn in 2018 to $14.4bn. The the life/annuity segment reporting a year-over-year reduction of investments in hedge funds by more than 18%, making it the largest among the major industry segments to pull back. According to an AM Best special report, the life/annuity segment cut its hedge fund holdings to $5.8bn in 2018 from $7.0bn in the previous year, and from $14.2bn in 2015.
Its expansion into grades I-III and entry in the US have contributed to the valuation jump, investors said. The post Byju's valuation soars to $5.5b in ongoing Series F funding round appeared first on DealStreetAsia.
Amperity, a Seattle-based startup developing software to help consumer-facing brands collect and manage customer data, announced Monday it has raised $50 million in new financing to add more clients in industries on which it hasn't previously concentrated. New York-based Tiger Global Management led the Series C funding round. Other participating investors included Goldman Sachs, Madera [...]
The deal is at a very early stage and both parties are evaluating and discussing the investment terms. The post India: NIIF likely to invest $100m in Multiples PE's third fund appeared first on DealStreetAsia.
Cracks in the money market that started with IL&FS Group's default last year widened in June after mortgage lender Dewan Housing Finance Ltd. delayed debt payments.
From sovereign bond issue to Medanta's acquisition, Business Standard brings you the top headlines that made news on Monday. : In a bid to set a benchmark and create a market for its planned overseas sovereign bonds this year, the Narendra Modi government is likely to make its first tranche of the maiden issue no less than $3-4 billion. The bonds will likely be simultaneously launched in major financial centres such as London, Singapore, Hong Kong, New York and others.
By Offshore Energy Today.. ADM Energy, an oil and gas investing company until recently known under the name of MX Oil, has appointed a new CEO. ... Read Full Article Here For more great articles: Offshore Energy Today.
By Offshore Energy Today.. Africa Finance Corporation (AFC) has decided to finance Aker Energy's deepwater project located offshore Ghana by investing in $100 million of convertible bond notes with a commitment to participate... ... Read Full Article Here For more great articles: Offshore Energy Today.
By Offshore Energy Today.. Steel jacket and topsides from Spirit Energy's ST-1 platform have arrived at the Dales Voe facility in Shetland for decommissioning by Veolia and Peterson. ... Read Full Article Here For more great articles: Offshore Energy Today.
By LNG World News Liquefied natural gas (LNG) exports from Australia increased during the 2018-19 fiscal year as a total of 1,111 cargoes departed the country's LNG facilities. Read Full Article Here For more great articles: LNG World News.