Initial Public Offerings

Sovereign wealth fund appetite for investing in start-ups wanes

Sovereign wealth fund appetite for investing in start-ups wanes

Published 07/03/2020

LONDON (Reuters) - Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening [more…]

How Lipper Award-winning fund managers are playing coronavirus scare

How Lipper Award-winning fund managers are playing coronavirus scare

Published 06/03/2020

NEW YORK (Reuters) - Uncertainty over the economic impact of the coronavirus outbreak has prompted at least some winners of the U.S. Lipper Fund Awards [more…]

Eight men in frame to run Norway wealth fund, including deputy CEO

Eight men in frame to run Norway wealth fund, including deputy CEO

Published 25/02/2020

OSLO (Reuters) - Eight candidates have applied to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, as its board prepares to [more…]

YOUR MONEY: Family offices lead the way on impact investing

YOUR MONEY: Family offices lead the way on impact investing

Published 10/02/2020

NEW YORK (Reuters) - When former investment manager Ron Cordes started a charitable foundation in 2007, he got frustrated because he could only “do good” [more…]

WeWork inks office space deal with SoftBank-backed Gympass: sources

WeWork inks office space deal with SoftBank-backed Gympass: sources

Published 26/01/2020

NEW YORK (Reuters) - WeWork has signed a deal to provide space to 250 employees of gym membership app company Gympass in New York, the [more…]

Saudi Aramco raises IPO to record $29.4 billion by over-allotment of shares

Saudi Aramco raises IPO to record $29.4 billion by over-allotment of shares

Published 12/01/2020

DUBAI (Reuters) - State-owned oil company Saudi Aramco said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares, raising [more…]

JD.Com’s logistics unit taps banks for potential $8-$10 billion IPO: sources

JD.Com’s logistics unit taps banks for potential $8-$10 billion IPO: sources

Published 23/12/2019

HONG KONG (Reuters) - The logistics unit of Chinese e-commerce company JD.com Inc (JD.O) has held early discussions with banks about a potential overseas IPO [more…]

SoftBank’s $3 billion WeWork financing talks stall with Japan banks: sources

SoftBank’s $3 billion WeWork financing talks stall with Japan banks: sources

Published 23/12/2019

TOKYO (Reuters) - SoftBank Group Corp’s talks to secure $3 billion from Japan’s three biggest banks have stalled as the lenders have hit internal lending [more…]

SEC proposes allowing more investors access to private companies

SEC proposes allowing more investors access to private companies

Published 19/12/2019

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow [more…]

Exclusive: Saudi Aramco pursues war cover after attacks – sources

Exclusive: Saudi Aramco pursues war cover after attacks – sources

Published 04/12/2019

LONDON/RIYADH (Reuters) - Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of [more…]