Fund News

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 Report

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...
electric car

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...
Photo of a newspaper header

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 Christine Lagarde

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 Chase Tower

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...