Goldman Sachs Asset Management announces liquidation of company’s Fund

Goldman Sachs Asset Management, investment adviser for the Goldman Sachs MLP and Energy Renaissance Fund, announced yesterday that the Fund’s Board of Trustees, at the recommendation of GSAM, has approved a plan of liquidation and dissolution (the “Plan”) for the Fund. Under the Plan, which is effective today, the Fund will begin the process of […]
TerraPay raises in excess of USD100 million in series B funding

TerraPay, a leading global payments infrastructure company, has successfully closed its Series B equity financing round, raising in excess of $100 million in equity and debt financing. The funding round was led by IFC and supported by Prime Ventures, Partech Africa, U.S. International Development Finance Corporation (DFC) and a consortium of other investors. The funding will help […]
Joseph Gunnar appoints Michael Graichen as Head of Capital Markets

Joseph Gunnar & Co., LLC, one of the leading full service broker-dealer, investment adviser, and investment bank, focused on the emerging growth markets, continues to build its growing investment banking practice with the addition of Michael Graichen as Head of Capital Markets. Mr. Graichen will be based in JGUN’s New York City office where he will […]
SAP to sell its stake in Qualtrics as part of Qualtrics Acquisition

SAP SE, today announced it has agreed to sell all of its 423 million shares of Qualtrics International Inc. as part of the acquisition of Qualtrics by funds affiliated with Silver Lake, as well as Canada Pension Plan Investment Board (CPP Investments). At a purchase price of US$18.15 in cash per share, the transaction corresponds to a Qualtrics equity […]