Reposition
Falcon is a private equity firm which invests subordinated debt and equity capital in leading middle market companies. Portfolio company size: Pro forma run-rate EBITDA in excess of $10 million Industry focus and company type: Diversified approach No start-up companies or real estate Investment size: Evaluating investment sizes from $30 to $150 million Transaction types: Acquisition financings Recapitalizations and refinancings Management/leveraged buyouts Growth capital financings Liquidity for existing shareholders, including generational transfers Structured finance Security types: Subordinated debt with warrants Convertible subordinated debt or preferred stock PIK preferred stock with warrants Non-control common equity (in conjunction with a junior capital investment)
The Bank of Korea noted a “significant acceleration in housing prices in Seoul.” The central bank is, however, expected to cut rates in its next policy meeting as measures to cool the housing market i...
Robinhood's tokens offering exposure to OpenAI are not actual equity but are backed by a special purpose vehicle. OpenAI has stated that any transfer of equity requires their approval, which has not b...
China’s producer prices plunged 3.6% in June from a year earlier, marking its largest decline since July 2023. The consumer price index edged 0.1% higher in June from a year ago, beating the estimates...
Tom Lee has been appointed chairman of the board of directors of bitcoin miner BitMine Immersion Technologies, effective Monday. BitMine announced a $250 million private placement to implement a buyin...
Backed by an army of retail investors, the 38-year-old CEO is shaking up the financial order. Vlad Tenev has a message for Wall Street professionals confounded by the everyday investors who have becom...
The Federal Reserve proposed easing a key capital rule for banks, and central bank officials opened the matter for public comment Wednesday. The enhanced supplementary leverage ratio regulates the qua...
The Bank of England held interest rates at 4.25% as expected on Thursday but said it was focused on risks from a weaker labour market and higher energy prices as conflict in the Middle East escalates....
BMO Financial Group has signed a deal to buy Burgundy Asset Management Ltd. for $625 million in shares. Burgundy provides discretionary investment management for private clients, foundations, endowmen...
Coinbase, the leading crypto exchange in the U.S., is reportedly seeking regulatory approval to offer “tokenized equities” on its platform, a move that would put the company in direct competition with...
Berlin-based payment software FinTech Payrails has raised $32 million in new funding. The company’s Series A round, announced Thursday (June 12), will help the company speed product innovation and exp...
