Singapore-based insurance technology start-up Igloo has added USD 27m to an initial USD 19m in Series B funding raised in March. Swiss impact investor BlueOrchard led the extension.
BlueOrchard is investing via its InsuResilience Investment Fund II, a joint venture with German development bank KfW that aims to address climate change by improving access to and the use of insurance...
Monolith Management, an investment firm established by Xi Cao, formerly a partner at Sequoia Capital China, has set the hard cap at USD 250m for its debut China venture capital fund.
Adamantem Capital has acquired a majority stake in Retail Zoo, operator of Australia-headquartered food retail brands Boost Juice and Betty’s Burgers, from Bain Capital for an undisclosed sum.
The Carlyle Group has appointed Harvey M. Schwartz, formerly president and co-COO of Goldman Sachs, as its new CEO.
Crown Resorts represented a daunting target, given its size and pandemic and regulatory-related challenges. The Blackstone Group drew on its global know-how to make the USD 8.1bn deal work