Home / World / World Business / Archive by category Financial (Page 40)

Archive by category Financial

Financial Times’ Private Wealth Management Magazine Shines Spotlight on Due Diligence in Citizenship by Investment Countries: CS Global Partners

LONDON, April 11 (Korea Bizwire) — The Financial Times’ Private Wealth Management (PWM) magazine recently hosted a virtual panel discussion on the impact of global risks on countries with Citizenship by Investment (CBI) programmes. As part of its PWM Perspectives series, the four-part panel discussion shares the views and insights of notable experts from major due diligence [...]

Verisk Brings Health Risk Rating Tool to China with AXA Life & Health Reinsurance

SHANGHAI, China, April 6 (Korea Bizwire) — Verisk (Nasdaq: VRSK), a leading global data analytics provider, is pleased to announce that medical (re)insurance provider AXA Life & Health Reinsurance Solutions is using Verisk’s Health Risk Rating Tool to provide its insurance partners in China the ability to offer automated health insurance underwriting decisions that are [...]

Turn/River Capital Raises $1.35 Billion Fund V

SAN FRANCISCO, April 6 (Korea Bizwire) – Turn/River Capital, a leading technology growth equity and buyout firm, announced today that it has successfully raised its fifth fund, Turn/River Capital V (“Fund V”). The oversubscribed Fund V closed at its $1.35 billion cap with strong support from all current investors, as well as a select number of [...]

Patrick Franco Named Vice Chairman at Global Heritage Fund

SAN FRANCISCO, April 1 (Korea Bizwire) — Global Heritage Fund announces that Patrick Franco will assume full-time leadership as Vice Chairman to accelerate strategic expansion activities. Global Heritage Fund, an international non-profit organization, invests in cultural heritage to advance sustainable economic development and provides emergency response to cultural heritage during crises. Mr. Franco has extensive experience as a strategic advisor and [...]

AGF Management Limited Reports First Quarter 2022 Financial Results

TORONTO, March 30 (Korea Bizwire) – Reported diluted earnings per share of $0.18 Mutual fund net sales of $330 million for the quarter Announces increase in quarterly dividend from $0.09 to $0.10 per share AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the first quarter ended February 28, 2022. [...]

Markd Launches as New Insurtech VC Firm, Announces $100M Debut Fund

BOULDER, Colo., March 24 (Korea Bizwire) – Markd, a new insurtech VC firm, announced today the close of its $100M debut fund. The $100M vehicle will be used to fund early- and growth-stage startups with the potential to propel the digital transformation of the insurance industry. Anchor investors in Fund 1 include Markd founder and managing [...]

Verisk Estimates Insured Industry Losses for M7.3 Namie, Japan, Earthquake

BOSTON, March 23 (Korea Bizwire) — According to Verisk Extreme Event Solutions (formerly AIR Worldwide), insured losses to properties from the March 16 M7.3 earthquake that struck offshore the island of Honshu, Japan, will be between JPY 240 billion (~USD 2 billion) and JPY 490 billion (~USD 4 billion). Of that, between JPY 50 billion [...]

Jeito Capital Co-leads EUR 80 Million Series B Financing in European Oncology Company, Precirix

Paris, France, March 16 (Korea Bizwire) – Jeito Capital (“Jeito”), a leading independent private equity firm dedicated to biotech and biopharma, today announces that it has co-led an investment of €80 million in Precirix, a clinical-stage biotechnology company developing precision radiopharmaceuticals in oncology. The Belgian biotech company was created in 2014 as a spin-off from the Vrije Universiteit [...]

EMGA Advises on US$200M Debt Raise for BTG Pactual with JICA

LONDON, March 10 (Korea Bizwire) — Emerging Markets Global Advisory Limited (EMGA), the niche investment bank focused on emerging markets, announces today another landmark Senior Debt capital raise transaction that will allow BTG Pactual to continue the expansion of its small and medium-sized enterprise (SME) lending activities in Brazil. The US$200 million debt facility was [...]

EMGA Advises Annapurna Finance on Their EURO 15M Debt Raise with Funding from OeEB

LONDON, March 10 (Korea Bizwire) — Annapurna Finance raised EURO 15 mn of senior debt from OeEB the Development Bank of Austria, this facility will provide financial assistance to its clients in microfinance space. EMGA advised on the transaction. The EUR 15 million debt facility comes at a time when financial institutions world-wide are exploring [...]