How her approach to philanthropy, and her own life, has changed after $50 billion of giving. : In her work overseeing one of the world's most influential philanthropic organizations, Melinda Gates has discovered what she considers a fundamental truth about development work: empowering women is the key to uplifting humanity.
Rockefeller Capital makes first multifamily office acquisition on the West Coast. : Track the latest teams of advisers and brokers changing firms and view recruiting activity at wirehouses, regional brokerages, RIAs and IBDs. A quarterly report on the trends and ideas that advisers who serve retirement plan sponsors and participants care about. Hear ideas from experts, thought leaders and some of the most innovative minds in financial advice. Start listening now. This interactive, customizable tool allows you to view detailed data on compensation, staffing and financial performance practices from across the industry.
Wanderjaunt has raised $15 million in Series B funding, according to a Medium blog post. Founders Fund led the round. In addition to the funding, Keith Rabois, a general partner at Founders Fund, will join [...]
Pittsburgh-based Idelic, a data and analytics company focused on improving safety in the commercial/industrial transportation industry, has secured $8 million in Series A financing. Origin Ventures led the round [...]
Washington, D.C.-based Revolution Ventures has raised $215 million for its third fund, reported TechCrunch. The tech news site noted that the fund size is nearly as much as the firm's first and second fund, which [...]
AvantStay, a hospitality brand focused on group travel, has raised $20 million in Series A funding. 3L Capital led the round with participation from other investors that include Bullpen Capital, Convivialite [...]
TouchBistro has raised C$158 million in Series E funding. OMERS Growth Equity led the round with participation from Barclays Bank, RBC Ventures, BMO Capital Partners, OMERS Ventures, JPMorgan Chase, Napier Park [...]
Toronto-based ArcTern Ventures, a venture firm that invests in clean tech companies, has closed its second fund at $200 million. The fund's investors include TD Bank Group, Suncor, BDC, The Ivey Foundation and [...]
Saudi Aramco has acquired Shell's 50-percent interest in the SASREF refinery in Jubail Industrial City, Saudi Arabia. : Saudi Aramco has acquired Shell Saudi Arabia (Refining) Limited's 50-percent interest in the SASREF refining joint venture for $631 million, Shell and Saudi Aramco reported Wednesday. Located in Jubail Industrial City, Saudi Arabia, SASREF can process up to 305,000 barrels per day of crude oil and is one of the world's largest export refineries, according to Shell's website. The facility, which began commercial production in 1985, primarily produces liquefied petroleum gas, naphtha, kerosene, diesel, fuel oil and Sulphur.
Unilmmo Europa is buying the 120,000sqm portfolio from TST and Timbra. : Union Investment has bought a EUR120m logistics property portfolio from German logistics service provider Trans Service Team (TST). The manager's open-ended real estate fund Unilmmo Europa is buying the 120,000sqm portfolio which consists of one existing property and three development projects in the Ruhr and Rheinhessen regions. Stephan Riechers, head of investment management logistics at Union Investment, said: "The Ruhr region is one of the most sought-after logistics areas worldwide. The outstanding infrastructure and high population density mean that conditions are highly favourable for logistics services.