Votorantim Energia And Cppib Expand Jv Via Cesp Transaction | Swfi - Sovereign Wealth Fund Institute
Votorantim Energia and Canada Pension Plan Investment Board (CPPIB) disclosed that a consortium formed by their joint venture has acquired the controlling stake in Brazilian hydro generation company Companhia Energetica de Sao Paulo (CESP), acquiring 80.2% of its common shares and 13.7% of its class B preferred shares. [ Content protected for Sovereign Wealth Fund [...]
Bill.com Named To The 2018 Cb Insights Fintech 250 List Of Fastest-growing Fintech Startups | Business Wire
NEW YORK--(BUSINESS WIRE)--CB Insights today named Bill.com to the second annual Fintech 250 list, a prestigious group of emerging private companies working on groundbreaking financial technology. "After we named the inaugural Fintech 250 in 2017, they went on to raise $23B including 30 rounds of over $100 million. 22 of the Fintech 250 have already exited with half via IPO. This year, we've added 113 new companies to the Fintech 250 using the CB Insights Mosaic algorithm, and the group is broa.
The network said it had obtained law enforcement footage showing the man, identified as Mustafa al-Madani, leaving the Saudi consulate by a back door while wearing Khashoggi's clothes.
Saudi Arabia's sovereign wealth fund received discounts from the Blackstone Group last year when it pledged $20 billion for the private equity firm's record infrastructure fund. The perks all add up to large discounts on management fees, Bloomberg News reported. If Blackstone's fund reaches its target of $40 billion, for example, the Saudis will pay annual management fees of roughly $111 million, while investors staking the other half of the fund will together pay about [...]
The company is planning to invest in technology-based start-ups, particularly those in the fintech and software-as-a-service space. The post Real estate group Ajmera plans to invest $10m in tech-focused startups appeared first on DealStreetAsia.
Inside The Libra Foundation: How A Branch Of The Pritzker Family Backs Movement Building -- Inside Philanthropy
Its assets may come from one of the nation's wealthiest families, but the Libra Foundation takes empowering the grassroots seriously, and it's stepping up its work with new staff and strategies.
LOS ANGELES, Oct. 22, 2018 /PRNewswire/ -- Today, Mayor Eric Garcetti, the Annenberg Foundation, and over 80 Los Angeles venture capitalists (VCs) and tech leaders launched PledgeLA, a first-of-its-kind partnership to promote civic engagement, diversity, and inclusion across L.A.'s...
Finn AI today announced it has completed a $14 Million (USD $11 Million) Series A financing round. : The round was led by Yaletown Partners and Flying Fish Partners and joined by new investors BDC Capital's Women in Technology Fund (WIT), and New York-based 1843 Capital, an early stage technology venture firm advocating for gender equity to generate superior returns. Additional investment was provided by angel investors. Lending facilities were provided by Comerica Bank. The new funding will be used to support the growth momentum underway at Finn AI across North America and Europe.
The German national airline might sell its catering division. And that would be a mistake, given that the unit covers its costs and helps provide diversification in the event of an economic downturn. Focusing on core competencies is a buzzword now, but prudence is advice for the ages. -Sean O'Neill.
Qpex Biopharma, a developer of antiobiotics, has raised $33 million in Series A financing. New Enterprise Associates led the round with participation from Adams Street Partners, LYZZ Capital, Hatteras Venture [...]