OurCrowd Initiates Israel Resilience Fund with First 8 Strategic Investments

Today, Israeli investment platform OurCrowd revealed an impressive milestone, securing $13 million in capital commitments for its $50 million Israel Resilience Fund. Launched in the aftermath of the recent conflict, this fund aims to bolster startups affected by the war and foster solutions addressing Israel’s urgent requirements. Devamını Oku

Investor Stonepeak Acquires £450 Million Stake from AA Backers in Significant Deal

After nearly three years since the AA’s delisting from the London Stock Exchange, the renowned breakdown recovery service is set to receive a substantial infusion of funds from a US-based investment firm.

As per reports from Sky News, Stonepeak, specializing in infrastructure investments, is on the verge of finalizing a significant injection of £450 million into the company. The AA, long recognized as ‘Britain’s fourth emergency service,’ appears poised to benefit from this impending deal. Devamını Oku

Ex-Tory Treasurer Celebrates £210 Million Windfall from Singapore Agreement

Former Conservative Party treasurer Lord Spencer is poised to celebrate a lucrative festive windfall amounting to £210 million, courtesy of a Singaporean financial services group’s takeover he had contributed to funding.

The ICAP founder, ennobled in 2020, stands to gain this significant sum following the agreement for Singapore Life Holdings’ acquisition by Japan’s Sumitomo Life Insurance. Devamını Oku