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businessinsider.com 10hours ago

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 50% of LPs

reuters.com 9 minutes ago

Colony Capital's Latam Arm Plans $5B Investment, Targeting Mexico

Private equity firm Colony Latam Partners, part of Los Angeles-based investment group Colony Capital Inc, will invest up to $5 billion in Mexico, Chile, Colombia and Peru over the next several years, executives said on Wednesday.
Read by 79% of LPs

prnewswire.com 39 minutes ago

A&b Expands Commercial Real Estate Portfolio Through Reinvestment Of Maui Agricultural Land Sale Proceeds

HONOLULU, May 22, 2019 /PRNewswire/ -- Alexander & Baldwin (A&B) (NYSE: ALEX) recently deepened its investment in Hawaii through a series of off-market acquisitions of commercial real estate properties, further establishing the company as the state's foremost owner of grocery-anchored...
Read by 80% of LPs

timesofmalta.com 39 minutes ago

From One Venture Capitalist To Another

For venture capitalists, it's a matter of balancing the opportunities and risks associated with every investment. Tugce Ergul interviews Silicon Valley's VIVEK RAMASWAMI, ALEX FAYETTE and SUNIL CHHAYA. Tugce Ergul: You are all rising stars of the venture capital world in Silicon Valley. How have you made your way into the world of venture? Vivek Ramaswami: I would describe myself as still a very young, constantly learning investor. I focus on early-growth investments typically at the series B/C stage, with a focus on enterprise SaaS, infrastructure and fintech.
Read by 34% of LPs

nreionline.com 39 minutes ago

Brookfield, Blackstone Among The Bidders For Anbang Hotel Portfolio | National Real Estate Investor

Brookfield, Fortress, Blackstone and Singapore's sovereign wealth fund are among the bidders for the 15-hotel portfolio. : (Bloomberg)--Brookfield Asset Management Inc. and Fortress Investment Group are among the bidders for a portfolio of 15 hotels owned by Anbang Insurance Group Co., according to people familiar with the sales process. Blackstone Group LP, South Korea's Mirae Asset Management, and GIC Pte, Singapore's sovereign wealth fund, are also among the bidders for the hotels, the Financial Times reported earlier today, citing unnamed sources. Representatives for Fortress, owned by Japan's Softbank Group Corp., and Brookfield declined to comment.
Read by 58% of LPs

valuewalkpremium.com 1 hour, 9 minutes ago

Visualizing The Future Of Banking Talent - Valuewalk Premium

Many organizations say that their greatest asset is their people. In fact, Richard Branson has famously stated that employees come first at Virgin, ranking ahead of customers and shareholders. So, how do businesses effectively manage this talent to drive success? This question is top of mind for many bank CEOs. As processes become increasingly automated and digitized, the composition . . . Mohnish Pabrai is Managing Partner of Pabrai Investment Funds, a group of focused value funds.
Read by 32% of LPs

prnewswire.com 1 hour, 9 minutes ago

Nea Welcomes Scott Gottlieb, M.d., As Special Partner

CHEVY CHASE, Md., May 22, 2019 /PRNewswire/ -- New Enterprise Associates, Inc. (NEA), a leading global venture capital firm, today announced the appointment of Scott Gottlieb, M.D., as a Special Partner on the firm's healthcare investment team. Dr. Gottlieb was a Venture Partner at NEA...
Read by 64% of LPs

abcnews.go.com 1 hour, 39 minutes ago

Saudi Aramco To Buy Liquid Natural Gas From Us Company

Saudi Aramco to buy liquid natural gas from Sempra Energy, a US company based in San Diego. : Saudi Arabia's state owned oil company will begin buying liquid natural gas from a U.S. company under a 20 year agreement. Saudi Arabian Oil Co., also known as Aramco, said Wednesday it would buy 5 million tons of liquid natural gas per year from Sempra Energy, based in San Diego. Aramco also will make a 25% equity investment in an LNG export facility under development in Port Arthur, Texas, as part of the deal.
Read by 61% of LPs

chinamoneynetwork.com 1 hour, 39 minutes ago

Chinese State-owned Pe Fund Backs Series A Round Of Soc Chip Developer Eeasy Tech - China Money Network

Eeasy Tech, a Chinese system solutions provider focusing on artificial intelligence (AI) machine vision algorithms and system-on-a-chip (SoC) designs, announced on Tuesday that it has completed a series A funding round led by Chinese state-owned private equity fund management firm JIC Capital Management. Chinese private equity firm Delta Capital, venture capital company Everest Venture Capital, [...] Chinese State-Owned PE Fund Backs Series A Round Of SoC Chip Developer Eeasy Tech comes originally from China Money Network. All Rights Reserved.
Read by 35% of LPs

chinamoneynetwork.com 1 hour, 39 minutes ago

Chinese Pe Firm Huagai Capital Backs Series A Round Of New Retail Takeaway Brand - China Money Network

Chinese new retail takeaway brand Zuodashi has raised RMB100 (US$14.48 million) in a series A round of financing led by the country's private equity firm Huagai Capital, according to a statement released on Tuesday. Chinese investment firm We Capital, returning investor Gaorong Capital, and individual investor Chen Yaochang, former CEO of Walmart China and vice [...] Chinese PE Firm Huagai Capital Backs Series A Round Of New Retail Takeaway Brand comes originally from China Money Network. All Rights Reserved.
Read by 77% of LPs

pehub.com 1 hour, 39 minutes ago

Siris Hires Stepstone Partner Tracy Harris To Work On Investor Relations

Siris hired ex-StepStone Group executive Tracy Harris as a partner in investor relations and product strategy. She will help manage the firm's relationships with limited partners and prospective investors as well [...]
Read by 67% of LPs