Digital remittance outfit Remitly has hired investment banks to lay the ground for an initial public offering at a $5 billion valuation, according to Reuters.
Indinfravit is an infrastructure investment trust (InvIT) sponsored by L&T Infrastructure Development Projects since 2018 to acquire and maintain brownfield road concessions.
Everything you need to need to know about the largest US startup funding rounds of April 2021; broken down by industry, stage, investors, and more...
Ira Cohen, a New York-based managing director focused on working with private equity firms, is joining as an advisor to Sheth's office and his philanthropy, Sangreal Foundation.
Swensen, who managed one of the most-watched and best-performing college endowments for more than three decades, died May 5 after a long battle with cancer.
(Bloomberg) -- Coinbase Global Inc. sank to a record low as investors fled high-flying market newcomers. The operator of the largest U.S. cryptocurrency exchange tumbled as much as 7% to $254.02 on Thursday, slumping for a fourth straight day. That left the shares in danger of breaching the $250 reference price for its April direct listing. An exchange-traded fund that tracks shares of companies that recently went public plunged for an eighth day, the longest slide since 2015. Virgin Galactic Holdings Inc. and Opendoor Technologies Inc., companies that came to market through blank-check offerings, sank more than 5%.
David Swensen, Yale's chief investment officer, died at the age of 67 on May 5, 2021 in the evening after a long and courageous battle with cancer. Swensen had undergone years of treatment for cancer. Swensen had gone on temporary leave from his job in September 2012 to undergo treatment before coming back to work [...]
(Bloomberg) -- Australian non-bank lender Pepper Money Ltd. increased the size of its initial public offering Thursday, making the country's biggest offering so far this year even larger.Citing strong demand, the KKR & Co.-backed business upsized its IPO by A$50 million ($38.7 million) for a total of A$500 million, according to terms of the deal seen by Bloomberg News.Existing investors such as KKR and management will own nearly 61% of the company following the offer, the terms showed.
Two Secret Service agents who rode with then-President Donald Trump as he drove around Walter Reed National Military Medical Center while he was hospitalized with Covid-19 last year needed to wear full medical protective gear, the agency's director said Thursday. Director of the U.S. Secret Service James Murray told a budget hearing with the House Appropriations Subcommittee on Homeland Security that the former president's desire to be seen outside the hospital in October where he could wave to supporters "was extensively discussed" with doctors beforehand.
Pandora announces the launch of a lab-grown diamond jewelry collection, following news that Diamond Foundry secured a $200 million investment to ramp up LGD production. All of which proves the staying power and skyrocketing demand for a modern, affordable alternative to mined diamonds.