NEW YORK, Oct. 13 (Korea Bizwire) — MicroEnsure (part of Micro Insurance Company), a global provider of digital insurance products, and Jazz Business, one of the largest B2B solutions provider in the nation, have entered into an industry-first strategic partnership, to provide tailored insurance products at specialized rates to Jazz’s corporate customers. Under the partnership, [...]
FREMONT, Calif., Oct. 13 (Korea Bizwire) — Brave14 Capital, L.P. is excited to announce that it has successfully raised $870,000 for its first Venture Capital (VC) fund. Brave14 Capital was launched by Taarini Kaur Dang, a high school senior in Silicon Valley. This is a unique fund because of its mission of changing the world [...]
SAN ANTONIO, Oct. 12 (Korea Bizwire) – Element Finance, a leading provider of growth funding offering flexible and capital-efficient venture debt and revenue-based finance solutions, has announced the raise of its second fund, giving it access to over $40 million. The investment comes from both new and original investors from the firm’s initial $14.5 million fundraising effort. [...]
LONDON and TORONTO, Oct. 12 (Korea Bizwire) — Foster + Partners today announced that it has completed a strategic partnership with Hennick & Company, a private family investment firm founded by the Hennick family (“HennickCo”). For Foster + Partners, this new partnership is an important step in the evolution of the practice and will encourage [...]
Denver, Co, Oct. 12 (Korea Bizwire) — Two associations for investment practitioners who are committed to competent and ethical practice of investment management analysis and fund allocation have formed a multi-year strategic alliance to raise the bar of professionalism, and promote standards of quality for investment professionals around the world. The strategic alliance aims to [...]
Philadelphia, Pennsylvania, Oct. 12 (Korea Bizwire) — FreedomPay, a global leader in Next Level Commerce™ has selected Hill+Knowlton Strategies (H+K) as its communications partner, following a competitive agency review. H+K will work with FreedomPay’s in-house marketing team to execute the global fintech leader’s national communications strategy as it continues its global expansion across 130+ countries, more [...]
TORONTO, Sept. 29 (Korea Bizwire) – Reported diluted earnings per share of $0.21 Mutual fund gross sales of $790 million for the third quarter of 2021, an improvement of 61% year-over-year Mutual fund net sales of $288 million for the quarter Total assets under management and fee-earning assets1 of $43.4 billion AGF Management Limited (AGF or [...]
Paris, Sept. 20 (Korea Bizwire) – Jeito Capital, a rapidly growing, new, independent Private Equity firm dedicated to biotech and biopharma, today announced the final closing of its first fund, Jeito I, at €534 million ($630 million), exceeding its original target of €500 million. Jeito I is the largest European fund dedicated to supporting companies in [...]
HO CHI MINH CITY, VIETNAM, Sept. 20 (Korea Bizwire) — Proparco, the French Development Finance Institution, has granted a US$50 million loan to HDBank to finance green projects and promote sustainable development in Vietnam. It marks the first collaboration between Proparco and HDBank. A pioneer in green lending, HDBank has in past years helped foster [...]
NEW YORK, Sept. 14 (Korea Bizwire) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has provided a $450 million loan to The Rabsky Group, one of the largest residential and commercial developers in Brooklyn and Queens, to complete development of a [...]