Search Results for: equity

The AA’s new partnership with Stonepeak to accelerate the next phase of growth
Fintech Investments News

“AA Partners With Stonepeak “

Business Wire
Stonepeak will invest £450 million in the AA through a combination of common and preferred equity at an enterprise value of approximately £4 billion. The AA has announced that Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, has entered into an agreement with the AA, and......
PureTech Founded Entity Karuna Therapeutics to be Acquired by Bristol Myers Squibb for $14 Billion
Finance Fintech News

“Bristol Myers Squibb Acquires Karuna Therapeutics “

Business Wire
The company definitive merger agreement under which Bristol Myers Squibb has agreed to acquire Karuna for $330.00 per share in cash, for a total equity value of $14.0 billion, or $12.7 billion net of estimated cash acquired. PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) (“PureTech” or the “Company”), a clinical-stage biotherapeutics......
Carlyle and Insight partners to invest in Exiger
Fintech Investments News

Carlyle and Insight partners to invest in Exiger

Fintech News Desk
The partnership will enable Exiger to continue investing in its award-winning product portfolio of AI solutions that are used in critical applications across government and commercial markets. Exiger, a SaaS company, announced today that it has entered into a definitive agreement through which it will receive a majority investment from......
StratCap Closes Sale of Strategic Wireless Infrastructure Fund I Assets
Fintech Investments News

StratCap Closes Sale of Strategic Wireless Infrastructure Fund I Assets

Business Wire
StratCap, LLC (“StratCap”) and its affiliate, StratCap Wireless, LLC (“StratCap Wireless”), announced today the closing of the sale of substantially all of the assets of Strategic Wireless Infrastructure Fund, LLC, (“SWIF I” or the “Fund”), a real estate program sponsored by StratCap, to a national, private equity-backed tower company. The......
Comporium Awarded $51.9 Million in Grants by the SC Broadband Office
Finance Fintech News

Comporium Awarded $51.9 Million in Grants by the SC Broadband Office

Business Wire
More than 6,600 Addresses Will Gain Access to Fiber-Based Gigabit Broadband Speeds The South Carolina Broadband Office (SCBBO) announced this week that it was funding 17 fiber network projects through its American Rescue Plan Act’s (ARPA) Capital Projects Fund (CPF 1.0) grant program. The SCBBO awarded more than $112 million......
Empower Personal Wealth Driving 30% Growth Through a Focus on Advice, Digital Tools
Finance Fintech News

Empower Personal Wealth Driving 30% Growth Through a Focus on Advice, Digital Tools

Business Wire
In first year, new unit expands as investors cope with 2023’s market volatility, inflation As markets in 2023 are showing signs of recovery and consumers continue to cope with the residual impact of higher inflation, Empower’s new personal wealth unit has seen steady gains all year through a proven strategy:......
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
Fintech News

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Business Wire
BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust, BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure......
VESTWELL RAISES $125M SERIES D
Fintech Investments News

VESTWELL RAISES $125M SERIES D

Fintech News Desk
Vestwell, the leading employer and individual savings platform, has raised its Series D round, totaling $125 million. The large preempted equity financing is a testament to the conviction these investors have in Vestwell’s trajectory and its future; the funding round also firmly establishes Vestwell as one of the biggest US......
KeyBank Foundation Invests $1,000,000 to Support Several Non-Profit Organisations
Banking News

KeyBank Foundation Invests $1,000,000 to Support Several Non-Profit Organisations

PR Newswire
 KeyBank Foundation funding will elevate and amplify efforts that will strengthen communities through workforce training, financial education and economic development. By Global FinTech Series News Desk The KeyBank Foundation is investing a total of $1 million in several non-profit organisations in Central New York to support workforce development and community......
KBRA DLD Forecasts 2.75% Direct Lending Default Rate in 2024 for Private Equity-Backed Companies; Report Notes YTD Sponsored Rate Rises to 2.1% From 1.9%
Fintech

KBRA DLD Released Monthly Insights & Outlook and Default Reports

Business Wire
KBRA DLD, a division of KBRA Analytics, recently released its latest Monthly Insights & Outlook and Default Reports on the U.S. direct lending market. KBRA DLD, a division of KBRA Analytics, recently released its latest Monthly Insights & Outlook and Default Reports on the U.S. direct lending market. Highlights from......
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