Commercial real estate firm Jones Lang LaSalle Inc. (NYSE: JLL) will acquire one of its biggest competitors, HFF Inc. (NYSE: HF), in a cash-and-stock transaction worth about $2 billion. Dallas-based HFF operates out of 26 offices across the country and brought in $650 million in revenue last year.
InstaReM, the Singapore FinTech startup that enables banks and consumers to send money across borders, raised $41 million in venture funding. According to a report in TechCrunch, the four-year-old startup raised the money in a Series C round of funding. In November it raised $20 million in capital from investors. The most recent round was led [...]
ATLANTA, March 19, 2019 /PRNewswire/ -- Stonemont Financial Group, a leading private real estate investment firm headquartered in Atlanta, Georgia, received the Commercial Development of the Year Award from the Nashville Chapter of the National Association of Industrial and Office...
Santander InnoVentures, Santander Group's global corporate venture capital fund, announced Tuesday (March 19) its appointment of Chris Gottschalk as a senior adviser to lead the $200M fund's strategic direction in the U.S. According to a Fintech Finance report, Gottschalk will be based in San Francisco and will focus on strengthening the fund via investment opportunities in [...]
Arguments that they lack transparency or may be subject to manipulation are largely off base. : (Bloomberg Opinion) -- Last month, the New York Times ran an op-ed that suggested index funds may not be as transparent as they seem or should be, or as well-regulated. The article, written by a Securities and Exchange Commission member and a University of California - Berkeley law professor also implied that the indexes on which the funds are based could be subject to manipulation and other abuses. I heartily endorse any sentiment that mandates more timely and detailed disclosure of index-fund holdings.
European private equity fund PAI Partners has emerged as the frontrunner in the auction for the concession catering business of France's Elior Group , four sources familiar with the matter told Reuters.
PNB is also looking to increase its global asset allocation from the current two per cent to four per cent. The post Malaysia's government-linked funds PNB, KWAP eye bigger PE play appeared first on DealStreetAsia.
Glossier Inc, the online cosmetics company with a cult following among millennials, was valued at over $1 billion in a latest funding round led by Sequoia Capital, joining a clutch of billion-dollar makeup brands that are powered by the founders' social-media popularity.
Pillay will succeed Lee Theng Kiat, who will take over from Ho Ching as chairman of Temasek International. The post Temasek International names Dilhan Pillay Sandarasegara as new CEO appeared first on DealStreetAsia.
AUSTIN, Texas, March 19, 2019 /PRNewswire/ -- OJO Labs, which empowers consumers to make better decisions by providing the AI-based personal assistant "OJO," has raised $45 million in Series C funding to accelerate its development and market expansion. The company will further increase its market-leading position with significant hiring in its data science, engineering, product and design teams. The round is funded by a group of participants deeply committed to both consumers and real estate industry professionals, including LiveOak Venture Partners, Realogy Holdings Corporation, Royal Bank of Canada and Northwestern Mutual Future Ventures.