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Category: Software and Hi-Tech

Flying Fish back eyeing $75m for sophomore machine learning, AI startup fundraise

Seattle-based Flying Fish Ventures is back in the market for its second fundraise target AI and machine learning technologies.

The World Economic Forum will not be held in Davos in 2021

The postponed meeting of global political and business leaders will also be moved from the location it has become synonymous with

KKR to invest $755m in retail unit of India’s Reliance Industries

This is the firm's second investment in a Reliance unit, after digital services Jio Platforms

KKR to Invest ₹ 5,550 Crore in Reliance Retail Ventures

KKR’s Second Investment With Reliance Industries Fuels Growth of India’s Fastest Growing Retail Business and Its Transformational New Commerce Model MUMBAI, India--(BUSINESS WIRE)-- Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced

AMB :- Blackstone holds $8bn final close for real estate debt fund

Laxman Pai, Opalesque Asia: Blackstone has announced the final close of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies IV (BREDS IV). One of the world's largest owners of commercial proper...Article

Pamlico Buys ISAAC Instruments

Pamlico Capital has acquired ISAAC Instruments in partnership with the company’s founders. ISAAC Instruments designs and manufactures automated telemetry and video equipment that is used by truck fleets to monitor both drivers and trucks to

KKR Announces Intra-Quarter Monetization Activity for the Third Quarter

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from July 1, 2020 through September 21, 2020. Based on information available to us as of today, with respect to the period

HCI Builds on its Cabinet Platform

Wellborn Forest, a portfolio company of HCI Equity Partners, has acquired De Pere Cabinet. Wellborn Forest was acquired by HCI in November 2018. Wellborn Forest is a designer and manufacturer of semi-custom wood kitchen and

Peak Rock Still Hungry

Peak Rock Capital has acquired Halo Foods, a manufacturer of bars and snacks, in partnership with the company’s management team. Halo was acquired from Nimbus, a Dutch private equity firm. Halo’s products include cereal bars,

Blue Sage Closes Fund III, Two Platforms Acquired

Blue Sage Capital has held a final, oversubscribed, and above target closing of its third fund, Blue Sage Capital III LP, with capital of $300 million. Blue Sage’s earlier fund closed in December 2012 with

Blackstone ready to lend after raising record property debt fund

The investment firm closed this month on the largest real estate debt fund ever, giving it plenty of cash to lend to property investors looking to go shopping during the pandemic

Davos 2021 ‘probably’ cancelled due to Covid-19

The meeting of global political and business leaders has reportedly been cancelled

Germany’s SwanCap returns to market with new fund

The fund of funds, launched in July, has an initial €400m target and is a co-mingled strategy

US government contracts help Vertex Aerospace navigate economic storm

The private equity-backed aerospace services provider so far has weathered the coronavirus pandemic well, thanks partly to contracts with the Department of Defense and other US agencies

Bank of England to roll out ‘simpler regime’ for small banks post-Brexit

The deputy governor of the BoE Sam Woods said that the UK would return to a more ‘British-style’ of regulation after the transition period

Vam acquires 80% stake in Demenego – report

Private equity firm Vam Investments is to acquire a majority stake in Italian opticians chain Demenego, according to the Italian newspaper Il Sole 24 Ore.

Vam acquires 80% stake in Demenego

Private equity firm Vam Investments has acquired a majority stake in Italian opticians chain Demenego.

Ampersand Capital Partners invests in GeneWerk

Ampersand Capital Partners has acquired a majority stake in gene and cell therapy testing laboratory GeneWerk.

Agilitas-backed LCG acquires Acorn

Agilitas portfolio company the Learning Curve Group (LCG) has acquired Acorn Training Consultants, a provider of professional training for young people.

Sequoia Capital China said to near up to CNY18bn ($2.65bn) fund close in coming weeks

Sequoia Capital's China arm is reportedly eyeing as much as CNY18bn ($2.65bn) for what would be its largest fund focused on the country.

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