Tag : investment firm

KKR Invests in Shriram General Insurance
InsurTech Investment Services News

KKR Invests in Shriram General Insurance

Fintech News Desk
by Fintech News Desk0
KKR, a leading global investment firm, and Shriram General Insurance Company, a leading general insurance company backed by Indian financial services conglomerate Shriram Group and pan-African financial services group Sanlam, announced the signing of definitive agreements under which, subject to the receipt of the necessary regulatory approvals, KKR will acquire......
Enerkem Closes $255 Million Financing Round to Drive Its Growth and Deployment of Its Leading Gasification Technology
Finance Investment Services News

Enerkem Closes $255 Million Financing Round to Drive Its Growth and Deployment of Its Leading Gasification Technology

Fintech News Desk
by Fintech News Desk0
Strong partnership support through new investments by Repsol and Monarch and additional investments from Avenue and other existing shareholders Enerkem, a world leader in the production of low-carbon intensity biofuels and circular chemicals from waste materials, announces the closing of a new financing totaling $255 million. Repsol invests $170 million, of which $75......
Group 11 Strikes $50 Million Deal With StepStone Group for Third Fund Holdings
Fintech News

Group 11 Strikes $50 Million Deal With StepStone Group for Third Fund Holdings

Fintech News Desk
by Fintech News Desk0
Among Group 11’s third fund portfolio companies are fintech unicorns Tipalti, TripActions, Next Insurance, HomeLight, and Sunbit Fintech venture capital firm Group 11 has partnered with StepStone Group, a global private markets investment firm, through a $50M secondary transaction to acquire 27% of Group 11’s third fund. The parties closed the deal directly, without the......
Leap Announces $3.2 Million Private Sale, Co-Led by Blockchain-Focused Investment Firms CoinFund and Pantera Capital
Blockchain News

Leap Announces $3.2 Million Private Sale, Co-Led by Blockchain-Focused Investment Firms CoinFund and Pantera Capital

Fintech News Desk
by Fintech News Desk0
The next-generation super wallet allows users to easily and safely transact on the Terra Blockchain Leap, a non-custodial Terra wallet offering access to dApps, staking, DeFi, NFTs, and more on one platform, announced a $3.2 million private sale co-led by blockchain-focused investment firm CoinFund and Pantera Capital. The private sale also......
Pinnacle Secures $200 Million Team from VALIC, Expanding Business in New Jersey
Investment Services News

Pinnacle Secures $200 Million Team from VALIC, Expanding Business in New Jersey

Fintech News Desk
by Fintech News Desk0
Pinnacle Investments, LLC, a 25-year-old investment firm headquartered in Syracuse, expanded their business in Morristown, New Jersey with the procurement of three reps formerly affiliated with The Variable Annuity Life Insurance Company (VALIC). Andrea Coladarci, Adam DeSimone, and Adam Gartside, now doing business as Prime Wealth Group, each left VALIC Friday after 11, 3, and 2 years......
Finastra Welcomes Lynne Biggar to Board of Directors
Fintech News

Finastra Welcomes Lynne Biggar to Board of Directors

Fintech News Desk
by Fintech News Desk0
Finastra announced the appointment of Lynne Biggar, a proven financial services and marketing leader, to its Board of Directors, effective March 2022. Lynne brings decades of experience and deep financial services insight to the Board. Most recently, she was Executive Vice President and Global Chief Marketing Officer at Visa, where she led......
Stonepeak to Acquire Rinchem
Investment Services News

Stonepeak Successfully Completes $3.0 Billion Equity Recapitalization of Portfolio Company Cologix

Fintech News Desk
by Fintech News Desk0
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced the successful closing of its previously announced equity recapitalization of Cologix, the largest private interconnection and hyperscale edge platform in North America. At $3.0 billion in equity value, the transaction represents the largest single asset continuation vehicle......
CoinShares Named Best Bitcoin ETP Issuer
Digital Asset Management News

CoinShares Named Best Bitcoin ETP Issuer

Fintech News Desk
by Fintech News Desk0
CoinShares, Europe’s largest digital asset investment firm with US$4.5bn in AUM, announced that it has been named ‘Best Bitcoin Issuer’ at the 2022 ETF Express European awards. The awards are in their 12th year, with winners chosen by a combination of robust methodology, based on Trackinsight’s data and peer review. Townsend Lansing, Head......
KKR and GIP Complete Acquisition of CyrusOne
Fintech Funding News

KKR and GIP Complete Acquisition of CyrusOne

Fintech News Desk
by Fintech News Desk0
CyrusOne Inc. announced the completion of its acquisition by funds managed by KKR, a leading global investment firm, and Global Infrastructure Partners, one of the world’s leading infrastructure investors, in an all-cash transaction valued at approximately $15 billion, including the assumption of debt (the “Transaction”). The Company also announced, effective......
FTV Capital Raises Record Growth Equity Fund at $2.3 Billion
Investment Services News

FTV Capital Raises Record Growth Equity Fund at $2.3 Billion

Fintech News Desk
by Fintech News Desk0
Oversubscribed seventh fund nearly doubles previous fund as firm drives exceptional results via thematic investing approach FTV Capital, a prominent growth equity investment firm, announced the close of FTV VII, its seventh and largest fund, oversubscribed at its hard cap of $2.3 billion in capital commitments. The firm will continue......
1