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Transferwise Hits $3.5B Valuation And Plots Us Expansion, Ipo

One of the largest fintechs in Europe has boosted its valuation following a secondary funding round from investors including BlackRock. "We will be further expanding in the US sooner rather than later," CFO Matt Briers told Business Insider. Now valued at $3.5 billion, the London-based fintech maintains its intention to one day go public. While an IPO is on the cards, "private markets are both strong and liquid for companies like us," he said. TransferWise today announced it had secured secondary funding worth $292 million, making it the fifth most valuable unicorn on the continent.
Read by 47% of LPs 2 hours, 25 minutes ago

Zwc Ventures Closes $150m First Sea And China Fund, Eyes $500M Second Fund

Its investments in Southeast Asia so far include Singapore-based online tuition startup Tenopy and media firm Target Media Indonesia. The post ZWC Ventures closes $150m first SEA and China fund, eyes $500m second fund appeared first on DealStreetAsia.
Read by 68% of LPs 2 hours, 35 minutes ago

Temasek Backs $55M Series A For Us-based Gene Therapy Startup Locana

Temasek's investment in Locana comes as the $200-billion state investor is gearing up for more deals in the US. The post Temasek backs $55m Series A for US-based RNA gene therapy startup Locana appeared first on DealStreetAsia.
Read by 58% of LPs 2 hours, 35 minutes ago

Esr Acquires Majority Stake In Singapore-based Sabana Reit's Manager

Sabana REIT has a diversified property portfolio valued at S$880 million ($638 million). The post ESR acquires majority stake in Singapore-based Sabana REIT's manager appeared first on DealStreetAsia.
Read by 60% of LPs 2 hours, 35 minutes ago

Japan's Chikyoren Picks Bluebay, Alternative Investment Capital For Alts Mandate

The state pension fund intends to increase the weighting of its alternative investments to as much as 5% of total AUM in the long term from 0.1% in 2016. The post Japan's Chikyoren picks BlueBay, Alternative Investment Capital for alts mandate appeared first on DealStreetAsia.
Read by 38% of LPs 2 hours, 35 minutes ago

The Mysterious Shortfall In Women Chief Investment Officers | Allaboutalpha: Alternative Investing Trends And Analysis | A Finance Blog About Private Equity, Commodities, And Other Alternative Asset Classes.

By Charles Skorina We recently looked at the number of women CIOs at big endowments*. Among 109 North American endowments over $1 billion we identified twenty (18 plus one director of investments and one CFO who liaises with their OCIO providers). That's just 18%-less than one out of five. ForRead More.
Read by 56% of LPs 3 hours, 5 minutes ago

Saudi Arabia Negotiating To Buy U.s. Natural Gas From Sempra Energy - The New York Times

Workers at Cameron LNG, a liquefied natural gas terminal, near Hackberry, La. Gas exports from the United States have increased sharply in recent years.
Read by 39% of LPs 3 hours, 35 minutes ago

#mxascoa Recap: Unlocking Mexico's Economic Potential | As/coa

For a complete list of speakers, see the 2019 #mxASCOA event page. Watch videos of all the #mxASCOA presentations. To open AS/COA's 2019 LACC Mexico City conference, AS/COA President and CEO Susan Segal spoke about how investment and trade can help the new Mexican government achieve its strategic goals. In addition to the 5 million U.S. jobs that depend directly on trade with Mexico, Segal highlighted that in January and February of 2019, Mexico was the United States' top trade partner. She emphasized the importance of one of President Andres Manuel Lopez Obrador's priorities: development in the south of Mexico.
Read by 33% of LPs 4 hours, 5 minutes ago

Pepsico Partners With The National Restaurant Association Educational Foundation To Invest In A Community Collaborative To Train Chicago Youth, Reentry Population For Restaurant Careers - Press Releases On

PepsiCo and the National Restaurant Association Educational Foundation (NRAEF) announced on Sunday a new community collaborative between local restaurants, nonprofits and its Restaurant Ready program to train young people disconnected from the workforce and formerly incarcerated populations in work-readiness skills to prepare them for careers in restaurants and foodservice. "The community collaborative presents an incredible opportunity to grow the work of the Foundation to serve the local community in Chicago," said Gifford, Executive Vice President of the NRAEF.
Read by 54% of LPs 4 hours, 5 minutes ago

Ben Ashkenazy Joins Nightingale On Coca-cola Building Buy

Ashkenazy Acquisition Corp. is joining Nightingale Properties and the Wafra Group on their $907 million bid to buy the Coca-Cola building on Fifth Avenue. Ben Ashkenazy's investment firm, a major player in high-street retail is putting $50 million worth of equity into the deal, sources told The Real Deal. Elie Schwartz and Simon Singer's Nightingale Properties teamed up with Wafra Group - the investment vehicle owned by Kuwait's Public Institution for Social Security pension fund [...]
Read by 63% of LPs 4 hours, 5 minutes ago

Google Buys Nyc Milk Building From Jamestown | National Real Estate Investor

Google completed the purchase of the 325,000-sq.-ft. Milk Building from Jamestown. : (Bloomberg)--Google has made no secret of its plans to dramatically expand its workforce in New York, buying and leasing real estate so it can house thousands more employees in the city. On Wednesday, it added another address to its property portfolio there. The division of Alphabet Inc. said it completed its purchase of the Milk Building -- an eight-story, 325,000 square foot (30,200 square meter) office-and-retail property -- from Jamestown.
Read by 76% of LPs