H.I.G. Capital secures USD 1.3Bln for infrastructure fund
H.I.G. Capital, a leading global alternative asset management firm with $64 billion of capital under management, announced the closing of H.I.G. Infrastructure Partners (the “Fund”). The Fund closed with aggregate capital commitments of approximately $1.3 billion. H.I.G. Infrastructure Partners seeks to make control-oriented, infrastructure equity investments focused on the middle market segment, leveraging H.I.G.’s focus […]
Vantage Data Centers secures USD 9.2 Bln equity investment
Vantage Data Centers, a leading global provider of hyperscale data center campuses, has completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge Group, Inc., the leading global alternative asset manager dedicated to investing in digital infrastructure, and Silver Lake, the global leader in technology investing. The capital raise was significantly oversubscribed […]
EDX Markets announces the launch of Singapore-based EDXM Global
EDXM Global , a fast-growing digital asset company for institutional customers, announced yesterday the launch of its settlement platform. EDXM Global sets a new standard in the digital asset landscape, streamlining OTC transaction settlements with remarkable speed and reliability. Marking a significant milestone, industry giants GSR and Virtu Financial were the first firms to use the […]
TabaPay announces the assets acquisition of Synapse Financial Technologies
TabaPay, Inc., the leading instant money movement platform for the fintech industry, recently announced it has entered into an agreement to acquire the assets and affiliates of Synapse Financial Technologies, Inc. The agreement follows the filing by Synapse of a voluntary bankruptcy petition under Chapter 11. With the addition of the Synapse assets, TabaPay will […]
Understanding leases in the U.S.: A simplified guide
For businesses operating within the United States, navigating the distinctions between a capital lease and an operating lease is a critical aspect of financial management and accounting. These classifications not only affect a company’s balance sheet and tax reporting but also play a significant role in strategic financial planning. This article offers a straightforward guide […]
Northern Trust welcomes Olivier Noël as Country Head of Luxembourg
Northern Trust yesterday announced it has appointed Olivier Noël as Country Head of Luxembourg and leader of its Luxembourg-based asset servicing business, effective immediately. Noël also assumes the position of Chief Executive Officer of Northern Trust’s European Union (EU) bank, Northern Trust Global Services SE (NTGS SE) following approval by its Board. He will become a member of the […]
Nebula Energy acquires majority stake in AG&P LNG
AG&P LNG (AG&P Terminals & Logistics Pte Ltd), a subsidiary of AG&P Group, announced yesterday that Nebula Energy LLC, a fully integrated investment, development, and asset management company with a focus on liquefied natural gas (LNG) and carbon capture and storage (CCS) sectors, has bought majority stake in the company. With operational headquarters in the […]
Christina Iacoucci to lead the BGO in Canada
BGO announced yesterday that it has named its Canadian Chief Investment Officer, Christina Iacoucci, to lead the firm’s overall business in Canada. In the role of Head of Canada for BGO, Christina will continue her leadership of the firm’s Canadian Investment Management business with expanded responsibility for the firm’s property management and leasing services business […]
KKR Completes Acquisition of Remaining 37% of Global Atlantic
KKR & Co. Inc. and The Global Atlantic Financial Group LLC (together with its subsidiaries, “Global Atlantic”) yesterday announced the closing of the previously-announced transaction in which KKR is acquiring the remaining 37% of Global Atlantic, increasing KKR’s ownership to 100%. KKR acquired a majority of Global Atlantic in 2021, and since that time, it […]
A game changer in the real estate sector of the KSA
Introduction: Saudi Arabia, the largest country in the Arabian Peninsula, is home to over 37 million people. The country recorded a GDP growth rate of over 8.7% in 2022, an increase of almost 4.9% from 2021. Saudi Arabia grew at the quickest rate among the G20 nations in 2022. The nation’s leadership has adopted a […]
