VC-backed Brazilian challenger bank Nubank gets new $300m investment
Venture capital-backed Brazilian challenger bank Nubank has reportedly raised $300m in new funds, according to a filing with the US Securities and Exchange Commission.
Venture capital-backed Brazilian challenger bank Nubank has reportedly raised $300m in new funds, according to a filing with the US Securities and Exchange Commission.
Overall, private equity and venture capital funds focused in the region ended 2019 with a record $1.29tn in assets under management, up 34% from 2018.
Laxman Pai, Opalesque Asia: Asia-Pacific (APAC)-focused private equity and venture capital (PEVC) assets under management (AUM) reached a record-high $1.3tn as of December 2019, a 34% increase from a year prior, said a ...Article Link
KICTeam, a portfolio company of Inverness Graham since May 2020, has acquired Teknipure, a maker of c. Teknipure is a manufacturer and distributor of products used to prevent, control, and remove contaminants from cleanrooms and
Applied Composites, a portfolio company of AE Industrial Partners (AEI), has acquired Alliance Spacesystems, a manufacturer and designer of composite structures used in satellite and aerospace applications. Alliance’s activities include the fabrication, assembly, and testing
Monroe Capital provided financing for last month’s buy of GPI Prototype & Manufacturing by Midwest Composite Technologies (MCT), a portfolio company of CORE Industrial Partners. Monroe is an active provider of senior and junior debt
Arbor Investments has named Tom Halverson as a new operating partner of the firm. Since March 2019, Mr. Halverson has served as the chief financial officer for Inari Agriculture, a Massachusetts-based biotechnology company active with
The group’s deputy CEO, Dominique Carrel-Billiard, will take on the role, which includes overseeing €55bn in real estate, private debt, private equity and infrastructure investments
Kansas City Southern has a market value of more than $18bn, according to people familiar with the matter
The US-based firm has invested €150m in the online credit marketplace business
When the bottom fell out of the oil market earlier this year, even sending prices briefly negative, it was not only a shock. Banks would be wise to treat it as a portent of things
Centerbridge has acquired a majority stake in Germany-based online credit marketplace Auxmoney, investing €150m in the business.
European asset manager Amundi deputy CEO Dominique Carrel-Billiard has taken over the operational management of its real and alternative assets business line.
Mandarin Capital Partners has acquired a majority stake in Sidam, an Italian specialist in biomedical consumables and equipment.
Novo Seeds has led a €1.9m seed financing round for natural food colourant developer Chromologics, with support from Nordic FoodTech VC and Vækstfonden.
Germany-based luxury fashion brand Escada, a portfolio company of US-based sponsor Regent, has filed for insolvency, according to a filing with the Munich district court dated 2 September 2020.
New York-headquartered Muzinich & Co has held a first close for its Pan-European Private Debt Fund II on €210m.
Online plus-size women's fashion retailer Navabi – backed by Verdane, Index Ventures, Seventure Ventures and DuMont, among others – is to be acquired by its founders.
Norwegian private equity firm Norvestor is to acquire a 75% stake in the pallet distributor Smart Retur.
Abac Capital has acquired a majority stake in Iberfrasa, a Spanish manufacturer of personal care and household products.
