For a lot of us, the first income tax year under the Tax Cuts and Jobs Act of 2017 is in the rearview mirror. Now is the time for you commercial real estate owners and investors to sit down and figure out how you utilized the new 20% pass-through...By: Tucker Arensberg, P.C.
(Telecompaper) EQT Infrastructure IV said it signed an agreement to acquire Malta operator Melita from private equity firms Apax Partners and Fortino Capital. Melita will continue to operate under the leadership of CEO Harald Rosch, a longstanding industrial advisor to EQT.
SAN FRANCISCO, May 23, 2019-- Modern Health, a mental well-being benefits platform for employers today announced a $9 million Series A funding round led by Kleiner Perkins. Jared Leto, Y Combinator, and Afore also participated in the round. The platform provides companies with a suite of products for employees to access the emotional care they need while helping employers improve worker productivity, retention, and limit costs from over-prescribed in-person therapy. Modern Health will use the new capital to accelerate the development of the product, build its sales organization, and expand its customer base.
NEW YORK, May 23, 2019-- Investcorp, a leading global provider and manager of alternative investment products, today announced it has entered into a definitive agreement to acquire Mercury Capital Advisors (Mercury), one of the world's leading institutional capital raising and investment advisory enterprises. As part of the transaction, Mercury will remain an independent business operating under its current leadership team. Terms of the transaction were not disclosed, and subject to receipt of relevant external approvals the transaction is expected to close in the third quarter of 2019.
BEIJING, May 23, 2019-- On May 23, 2019, Mafengwo announced that it has raised $250 million in its latest round of funding with Tencent Holdings Limited as a lead investor, and General Atlantic, Qiming Venture Partners, Yuantai Evergreen Investment Partners, NM Strategic Focus Fund and eGarden Ventures as co-investors. This new funding round has consolidated Mafengwo's position as a content giant in the tourism industry, which indicates that this online travel platform deeply rooted in the online travel community has risen to be a leading player.
Future Raises $8.5M In Series A Funding Led By Kleiner Perkins To Digitize The Personal Training Experience
Future Raises $8.5M in Series A Funding Led by Kleiner Perkins to Digitize the Personal Training Experience SAN FRANCISCO, May 23, 2019-- Future, digitally pairing fitness enthusiasts with world-class trainers to receive personalized and flexible training plans, today announced $8.5M in Series A funding led by Kleiner Perkins, bringing the company's total funding amount to $11.5M. The company will use the capital to expand its go-to-market strategy, scale trainer operations, and develop key business partnerships to enhance the personal training experience for customers. Kleiner Perkins partner Mamoon Hamid will join Future's Board of Directors.
The Perils Of "easy Money." Philanthropy's Role In Ampliyfing--and Fixing--the Student Debt Crisis -- Inside Philanthropy
Robert Smith's gift to Morehouse College's graduating class of 2019 has triggered familiar debate over student debt. Yet few commentators have looked more deeply at the relationship between higher ed donors, rising tuition costs, and the student debt crisis.
Madison Realty Capital Provides $50M First Mortgage Loan For Completion Of Development Project In Brooklyn's Broadway Triangle
NEW YORK, May 23, 2019 /PRNewswire/ -- Madison Realty Capital (MRC) has provided a $50 million first mortgage loan collateralized by a development project across 58 and 66 Gerry Street and coupled with an existing office building and additional development site at 25 and 33 Bartlett Street in the Broadway Triangle neighborhood of Brooklyn. The development, situated on a 30,037-square-foot lot, includes a nearly eighty percent complete condominium project comprised of two adjacent seven-story buildings and ground-floor retail, a completed 7,470-square-foot office building, and a vacant residential development site.
Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. The round, which was led by New Enterprise Associates (NEA), brings the company's total funding amount to $25 million, which includes both debt and equity funding. Other investors [...]