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Capital Crosspoint

Bain and Crosspoint Capital acquire ExtraHop in $900M deal

Elevate your enterprise data technology and strategy at Transform 2021. Bain Capital Private Equity and Crosspoint Capital Partners today announced that they’ve entered into a definitive agreement to acquire ExtraHop, a network detection and response (NDR) provider headquartered in Seattle, Washington. As a part of the strategic transaction, which is valued at $900 million, ExtraHop…

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Capital Early

Rise Capital Corp. Early Warning Reporting – Acquisition of Rise Capital Corp. Shares

TORONTO, June 01, 2021 (GLOBE NEWSWIRE) — (TSXV: RSE) – Michael Zych (the “Acquiror“), Chief Financial Officer, Corporate Secretary and a Director of Rise Capital Corp. (the “Corporation“), announces in accordance with the requirements of National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and applicable Canadian securities…

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Capital point

Home Point Capital reports decrease in 1Q revenue

Home Point Capital reported $29 billion in origination volume in the first quarter of 2021 and a net income of $149 million, per the company’s earnings report. That origination volume is a 260% increase year over year, said Willie Newman, CEO and president of Home Point Capital, parent company of wholesale lender Homepoint, and up 23% over…

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calls Capital

Capital Calls: Ares throws down gauntlet in private credit stadium

A man counts U.S. dollar banknotes in Beirut, Lebanon, March 23, 2021.Concise insights on global finance.———————————————–ART OF WAR. Ares Management (ARES.N) is upping the ante in the booming market for private credit. The asset manager that oversees $197 billion has just raised 11 billion euros for a fund that will lend directly to European medium-sized…

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Archegos Capital

Archegos Capital fallout may wipe $6bn from global banks: Report

Global banks may lose more than $6bn from the downfall of United States-based Archegos Capital, the Reuters news agency reported citing sources familiar with trades involving the US investment firm, as regulators and investors feared the episode would reverberate more widely. Japan’s Nomura and Credit Suisse of Switzerland warned of big losses from lending to…

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Capital Spark

Spark Capital decides to “sever all ties” with David Dobrik’s Dispo app weeks after leading deal

Dobrik departs from Dispo board and leaves company Venture capital firm Spark Capital has decided to ‘sever all ties’ with Dispo, a photo-sharing app co-created by famous YouTuber David Dobrik. The move, announced by the firm late Sunday, was triggered by a recent investigation by Business Insider that exposed allegations from a woman who said…

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Capital Singapore-based

Singapore-based M Capital Management closes $30.85M debut fund to invest in Southeast Asian startups

M Capital Management founding partners Joachim Ackermann (left) and Mayank Parekh (right) M Capital Management, a Singapore-based venture capital firm, announced today it has closed its debut fund, M Venture Partners (MVP), totaling $30.85 million USD. It plans to invest in 40 early-stage startups, primarily seed and pre-Series A, with an average initial check size…

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Bosnian Capital

Bosnian capital tightens principles as COVID-19 deaths spike

SARAJEVO, Bosnia-Herzegovina — Bosnia’s capital is tightening measures against the new coronavirus as authorities struggle to cope with rising infections and a spike in deaths caused by COVID-19.Sarajevo has mourned dozens of victims this month, as daily new cases in Bosnia rose from just a few hundred to more than 1,700 this week. Twenty-one new…

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Capital Relaxed

Fed to end relaxed capital requirements for large banks

The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to shore up the financial system during the early days of the pandemicByThe Associated PressMarch 19, 2021, 2:19 PM• 4 min readWASHINGTON — The Federal Reserve says it will restore capital requirements for large…