A US megamansion leads the way in Mingtiandi's roundup of Asia real estate headlines today with the news that the son of one of the co-chairmen of developer Guangzhou R&F is said to have offered $75 million, via the Zillow... Read More>> The post Guangzhou R&F Heir Buying $75M Bel Air Home Online and More Asia Real Estate Headlines appeared first on Mingtiandi.
Popular investing app Robinhood Markets Inc., based in Palo Alto, raised US$ 323 million in a Series E round. Robinhood is being valued at US$ 7.6 billion. DST Global led the Series E round and was joined by return investors Ribbit Capital, New Enterprise Associates (NEA), Sequoia Capital, and Thrive Capital. Robinhood is essentially a [...]
Wai Hoong Fock, who was at General Atlantic for four years, will join Temasek in August. The post Temasek said to hire General Atlantic exec for Southeast Asia role appeared first on DealStreetAsia.
Snapdeal last raised funding from existing investor Nexus Venture Partners in 2017. The post Piramal Group scion Anand Piramal invests in e-commerce firm Snapdeal appeared first on DealStreetAsia.
Singapore's Temasek Holdings hired Wai Hoong Fock as a managing director, with an expected start date to occur in August 2019. Wai Hoong Fock is the Southeast Asia Head of Investments for private equity firm General Atlantic LLC. Wai Hoong Fock joined General Atlantic in August 2015. Wai Hoong Fock also had worked at CVC [...]
Our Emerging Manager Conferences have become some of our more popular meetings. Today, at the Pierre Hotel, we'll be hearing from some EMs on how they raised capital. LPs will be on hand to talk about what they're seeking in the current market. The Buyouts crew, including me, will be around, hosting panels and seeking out your stories. (Maybe there'll be pie.) So, stop on by and say "howdy!" We have some big fintech news. Last week, I reported that EverCommerce, the former PaySimple, was still up for sale after the process hit some bumps.
Financial services is a multi-trillion-dollar industry. Large asset management companies pool money from individual investors, businesses, and non-profits to invest in different asset classes such as stocks and bonds. These companies have the expertise and resources that most individual investors don't. They manage money on your behalf to deliver capital appreciation, create wealth, and preserve your money in exchange for a fee. Here we take a look at the top 10 largest asset management companies in the world. The ranking is based on their asset under management (AUM).
Arrcus, a San Jose, California-based startup developing a hardware-agnostic networking operating system, has raised $30 million in venture capital. : Arrcus, a San Jose, California-based company developing an operating system for off-the-shelf white-box networking gear, today announced that it's raised $30 million in series B funding, bringing its total raised to $49 million. Lightspeed Venture Partners led the oversubscribed round, which followed on the heels of a $15 million round in July 2018 and saw participation from investors General Catalyst and Clear Ventures.
One stated goal of Chicago-based Inventables, which raised $11.5 million in series C funding, is to democratize 3D carving. : One stated goal of Chicago-based Inventables, which makes desktop CNC machines and related supplies and equipment, is to democratize 3D carving. It's a lofty ambition, but the company has the support of a raft of backers including Cue Ball, which led its $11.5 million series C funding round. True Ventures, Greycroft, Pipeline Capital, Draper Associates, Relativity CEO Mike Gamson, and LinkedIn CEO Jeff Weiner also contributed capital, bringing Inventables' total raised to more than $20 million.