News list for " private equity"

On September 23rd, people familiar with the matter said that alternative investment giant Apollo proposed to invest billions of dollars in Intel. In recent days, Apollo hinted that the company is willing to inject up to 5 billion US dollars into Intel as an equity investment. This could be a vote of confidence in Intel's "turnaround".

2024-09-23 05:09:44

Velo Labs has received its second strategic investment from UOB Venture Management (UOBVM), a private equity and venture capital subsidiary of UOB Bank, for an undisclosed amount. With a market capitalization of approximately US $54 billion (as of September 2024) and total assets under management exceeding US $500 billion, Velo Labs will provide a Web3-based financial solution and settlement network to enable value transfer. (Cointelegraph)

2024-09-18 20:30:57

On September 9th, Orlando Bravo, the head of private equity firm Thoma Bravo, which manages about $160 billion in assets, said in an interview with CNBC that the company will permanently exit the crypto market. The decision stems from its failed investment in FTX, which Thoma Bravo participated in in a $900 million investment in FTX in 2021. After the FTX collapse, investors such as Thoma Bravo faced huge losses and were embroiled in a lawsuit accusing it of making misleading statements when pro...

2024-09-09 16:54:42

According to HODL15 Capital, German private equity and consulting firm Bitcoin Group SE has doubled its bitcoin funding to 165 million euros.

2024-07-21 07:21:58

The PE (private equity) giant has begun working with bitcoin miners on AI facilities. Adam Sullivan, CEO of Core Scientific, said the company has received several financings and partnerships from top PE firms since the announcement of the CoreWeave artificial intelligence infrastructure deal. PE firms are chasing data center businesses with artificial intelligence-related computing power and see existing infrastructure for bitcoin miners as an attractive option.

2024-07-06 00:10:51