Spanish manager Asterion Industrial Partners has reached a €1.52 billion first close on its third flagship fund, Infrastructure Investor can reveal. The close comes after five months of fundraising, with 80 percent of the capital committed coming from Fund II investors. Fund III is targeting €3.2 billion with a hard-cap of €3.6 billion, fund documents reveal
Egyptian fintech company MNT-Halan has raised US$157.5 million in funding to support its imminent geographical expansion. Founded in 2018, MNT-Halan was created to digitally bank the unbanked and substitute cash with electronic solutions. The MNT-Halan digital ecosystem includes small and micro business lending, payments, consumer finance, and e-commerce. The MNT-Halan digital ecosystem includes small and
Bengaluru: Venture capital firm Lightbox is evaluating a continuation fund with a size of at least $100 million as it looks to back some of its mature portfolio companies such as Rebel Foods, Zeno Health, Furlenco and PayMate, a top executive at the firm told Mint. With this it joins a growing list of investors
A top-performing Taiwan tech fund expects sustained demand for artificial intelligence to keep driving an upward trend in the semiconductor cycle despite growing doubts that valuations in the sector are too hot. The NT$1.37 billion ($42 million) UPAMC New Asian Technology and Energy Fund, run by Uni-President Asset Management Corp.’s Sam Kuo, is up 45%
PM Capital Global Opportunities Fund Ltd. (AU:PGF) has released an update. PM Capital Global Opportunities Fund Limited, trading under ASX code PGF, reported a market capitalisation of $905.4 million as of June 2024, with shares priced at $2.210. The fund’s Net Asset Value (NAV) before tax accruals was $2.1211 per share, contributing to total net
July 21, 2024, 20:46 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn) Longer Term Trading Plans for FUND Buy FUND slightly over 7.65 target 7.99 stop loss @ 7.63 Details The technical summary data tells us to buy FUND near 7.65 with an upside target
FLASH SALE Don’t miss this deal Standard Digital Access $3 for 1 year Already a subscriber? Login Storm damage in Rome. (Roger Seibert – MediaNews Group) ROME, N.Y. — The City of Rome and the Village of Canastota experienced devastating tornado activity on July 16, 2024, leading to significant damage and loss of life. United
Norfund, Norway’s $4 billion development fund, is seeking allocations to long-term infrastructure and other sectors in the Asia Pacific, as it positions itself as an attractive co-investor for sovereign, institutional and private sector capital. “Public funding is a scarce resource, so the more we work with private markets, the more we can achieve. And we
Vijay Shekhar Sharma, Paytm’s Founder and Chief Executive Officer, has expressed interest in setting up a vending machine for street dogs. In a post on X (formerly Twitter), the entrepreneur shared an image of a project in Istanbul that feeds stray dogs. Sharing the same, he wrote, “I will love to fund this, need some
$325,800 Grant from the NYS Housing Trust Fund Corporation Approved for Lead Prevention Pilot Program Last week a resolution approving a $325,800 grant from the NYS Housing Trust Fund Corporation was made available to Rockland County for its Lead Prevention Pilot Program. The funds will be used to pay for lead remediation in buildings built