Corporate Funding
- Tech
MicroStrategy Won’t Change Bitcoin Plans Despite Recent Declines, New CFO Says
MicroStrategy Inc.’s new chief financial officer on Wednesday said its strategy to buy and hold bitcoin long term won’t change…
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Fund manager M&A frenzy spills into first quarter as global deals reach $18bn
The wave of fund manager M&A that drove global deal numbers to a record high last year has run into 2022, with the…
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Lordstown Motors’ Ability to Stay in Business Hinges on Raising Capital, Valuation, CFO Says
Lordstown Motors Corp.’s ability to stay in business for at least another year remains in doubt until it secures more…
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Apollo pushes into funds for wealthy investors
Apollo Global Management said it will release a slate of funds designed for individual investors, making it the latest alternative-asset…
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Carlyle grows assets but misses earnings forecast
Carlyle’s assets under management rose to $325bn by the end of March, but the firm reported weaker-than-expected results for the…
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BlackRock enters strategic partnership with stablecoin firm Circle
Circle Internet Financial, a cryptocurrency start-up that is merging with a special-purpose acquisition company, raised $400m in a funding round…
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Trading Places: All change at Credit Suisse, JPMorgan bets on private markets
Credit Suisse vice chair Severin Schwanwon’t stand for re-election at the firm’s upcoming shareholder meeting, the Swiss bank announced. Schwan, who is…
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Why tougher crypto regulation led this fund to back blockchain startups
Every investor wants to know which way the regulatory wind will blow. As watchdogs tighten their grip on digital assets,…
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EToro moves into the NFT market
Cryptocurrency and FX trading platform eToro is expanding into NFTs with a $20m fund to launch eToro.art, which it said would be…
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Morningstar says crypto displays ‘zero sensitivity’ to traditional risk factors
Crypto has shown no signs of behaving like a traditional asset during its short trading history, according to a report by…
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Deutsche Bank set to face investor lawsuits over allegations it enabled US Ponzi scheme
Judges in New York and Miami ruled that investor lawsuits could advance against Germany’s Deutsche Bank for allegedly ignoring warnings…
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Private equity firms’ $714bn in dry powder set to surge even higher in 2022
Record-breaking fundraising, rising dry powder, and faster fundraising cycles; private equity is on steroids. Buyout shops worldwide have raised more…
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Judge orders Lanistar to cough up unpaid salaries to former staff
An employment tribunal has awarded thousands of pounds in payments to former staff at Lanistar who were not paid salaries…
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Zopa gains unicorn status as SoftBank leads $300m funding round
British digital bank Zopa is now a billion-dollar company, gaining the coveted unicorn title after raising $300m from major Japanese technology…
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Ex-Wise employees raise $10m to build Europe’s answer to Robinhood
Two former employees of British fintech firm Wise have raised $10m to fund Europe’s answer to Robinhood, bringing on board…
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JPMorgan leads $50m funding round for financial analytics firm
Aumni, an analytics platform for private capital markets, raised $50m in a funding round led by JPMorgan Chase, signalling investment…
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Ex-Anchorage hedge fund exec moves to PJT Partners
Investment bank PJT Partners has hired the former US head of restructuring at hedge fund Anchorage Capital Group as a…
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Former LSE boss Xavier Rolet unveils new $200m Spac
The former chief executive of the London Stock Exchange, Xavier Rolet, is leading a new blank cheque vehicle that counts…
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KPMG partner exits firm amid tribunal over Silentnight private equity takeover
A KPMG restructuring partner facing a disciplinary tribunal over the sale of mattress company Silentnight to private equity fund HIG…
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