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Global investment firm B Capital, created by Facebook co-founder Eduardo Saverin, has raised $500m for the hard cap close of its third Ascent fund - nearly doubling the size of its predecessor vehicle amid strong LP appetite for AI investing.
The post Facebook co-founder's B Capital hits $500m hard cap for third early-stage AI fund appeared first on AltAssets Private Equity News.
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The rocket company founded by Jeff Bezos is set to take on external investors for the first time, at a $130 billion valuation.
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The protection against probes of past tax filings was part of a settlement in which Trump agreed to drop a $10 billion lawsuit he filed against the IRS.
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Lockheed Martin has agreed to acquire Ultra Maritime from Advent International-owned Cobham Ultra in a deal valued at $3.45bn.
The post Deal Roundup: Advent's Cobham Ultra sells Ultra Maritime to Lockheed Martin in $3.45bn deal appeared first on AltAssets Private Equity News.
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Justin Baldoni Speaks Out on Blake Lively Legal Battle VarietyJustin Baldoni Speaks Out After Settlement with Blake Lively in ‘It Ends With Us' Legal Dispute People.comJustin Baldoni addresses Blake Lively lawsuit on video. 'We are healing' USA TodayJustin Baldoni breaks silence on ‘It Ends With Us' dispute NBC News
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Nordic venture investor Climentum Capital has held a €60m first close for its second fund, which is set to continue the firm's strategy of backing European hard-tech climate startups.
The post Climentum Capital reaches €60m first close for second climate hard tech fund appeared first on AltAssets Private Equity News.
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