The rapidly expanding $3 trillion private credit market is facing renewed anxiety after Blue Owl moved to restrict investor withdrawals from one of its debt funds ahead of a major merger—intensifying fears that risks are building in the most opaque corners of global credit. Bankruptcies expose hidden fault lines Concerns have been mounting after the...
Maxima, a fast-growing AI accounting startup, has raised $41 million in new funding from investors including Redpoint Ventures and Kleiner Perkins, pushing its valuation to $143 million just one year after launch. The round also attracted support from Audacious Ventures, Joe Montana (NFL legend and Liquid 2 Managing Partner), and other prominent backers—highlighting surging investor...
Ascertis Credit announced it has achieved a $520 million first close for its new private credit fund—one of the largest vehicles of its kind in India, marking a major milestone in the region’s rapidly expanding private credit landscape. The first close concludes the fund’s initial offer period, and Ascertis continues to target a $1 billion...
Klarna announced a major milestone in its U.S. growth strategy on Tuesday, revealing a deal to sell up to $6.5 billion in loans over the next two years to funds managed by Elliott Investment Management. The partnership marks one of the Swedish fintech’s largest forward-flow agreements to date as it doubles down on its fast-growing...
A new development in Germany’s renewable energy sector has emerged as activist fund Enkraft urges ABO Energy to ensure that its ongoing sales process protects all shareholders, not only the founding families who currently hold 52% of the company. The call comes after ABO Energy announced in late September that it had appointed private bank...
Johnson & Johnson has announced a bold strategic move with the $3.05 billion cash acquisition of Halda Therapeutics, reinforcing its rapid push into high-growth oncology markets. This marks J&J’s second major deal of the year, following its $14.6 billion takeover of Intra-Cellular Therapies in January, and continues a strong M&A trajectory that includes its $13.1...