Turntide Tech Attracts Celebrity Investors
Bill Gates’ Breakthrough Energy Ventures and Robert Downey Junior’s Footprint Coalition have put their faith in Turntide...
Cybersecurity Firm SecurityScorecard Raises $180 Million
Cybersecurity rating firm SecurityScorecard has raised $180 million in a late-stage funding round led by investors. This puts them on track to...
BlackRock’s Fund Is Decreasing
This year, BlackRock planned to have their newest fund be worth $12 billion. However, the company has had to scale back their plans. On January 1, it was announced that the fund would decrease to between $4 billion and $6 billion in assets.
Third Quarter Earnings Released for Ares Management Corporation
Los Angeles-based company, Ares Management Corporation, just released their earnings for the third quarter earlier this month. The results shocked many people, including what Wall Street predicted for the company.
Joint Venture Ventas and GIC Merge Funds Worth $930 Million
Ventas Inc. is the real estate and housing trust that has recently joined forces with GIC Pvt Ltd. - a Singaporean sovereign wealth fund for a joint venture worth $930 million.
PE Emerging Managers Raise $19.8 Billion in October
PE emerging managers raised more than $19.8 billion in October, according to data tracked by The Buttonwood Tree. One hundred and seventy...
Blackstone Second Core Fund Closes At Eight Billion
Private equity giant, Blackstone, has just hit a major milestone this week. The company announced that their second core fund, also known...
BlackRock Invests in UK Electric Vehicle Startup, Arrival
US funds manager BlackRock Inc. has invested $118 million in electric vehicle startup Arrival Ltd. The investment is the most Arrival has...
Norway’s Sovereign Wealth Fund loses $21 Billion in First Half
Norway's sovereign wealth fund, the largest of its kind in the world, posted a loss of $21 billion in the first six...
Ares Management Raises $5 Billion for PE Funds
Ares Management Corporation (NYSE: ARES) has raised nearly $5 billion in the second quarter through its private equity funds. The Los Angeles-based...
Recent Articles
New Chapter 11 Filings, Disclosures: April 12 – April 16, 2021
At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...
ViacomCBS Networks International Agrees to Acquire Chilevisión
On Monday April 5, ViacomCBS Inc. (NASDAQ: VIAC, VIACA) announced that it had agreed to acquire Chilevisión from WarnerMedia. WarnerMedia is a...
Carnival Reports $2 Billion Quarterly Loss
Carnival reports $2 billion quarterly loss. This is due to COVID-19 pandemic restrictions on the cruising industry, which has decimated Carnival and...
New High Yield Bond Ratings: April 5 – 9, 2021
At least 35 companies received a revision on high yield bond ratings during the week of April 5-9, 2021. These revisions caused...
ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half
Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...
Most Popular
Bleak Outlook Continues for Distressed Hotel Industry amid COVID
The leisure and hotel sectors continue to be among the industries most affected by the raging COVID-19 pandemic. Social-distancing requirements, travel restrictions,...
JPMorgan Creates New Unit for Blockchain Projects: Onyx
JPMorgan Chase implemented its digital currency, JPM Coin, commercially for the first time during the week of Oct. 26. A large technology...
Duck Creek Stocks Rally After its IPO
Duck Creek Technologies’ (NASDAQ: DCT) stocks rallied the day after its IPO. At first, the stock price was $27 for the IPO....
Godiva to Close all North American Stores in March 2021
Godiva will close all 128 of its stores in the United States and Canada by the end of March 2021. Decreased demand...
Epic Games Aims to Raise $750M, Upping Valuation to $17B
Video game developer and publisher Epic Games, known for developing Fortnite, is on its way to raising $750 million in funding, which...
