All articles by Refna Tharayil
General Atlantic to acquire Actis to create $96bn AUM investment platform
According to the terms of the definitive agreement, Actis will become the sustainable infrastructure arm within the global investment platform of General Atlantic
BlackRock to buy infrastructure fund manager GIP in $12.5bn deal
Through the proposed transaction, both parties aim to create a multi-asset class infrastructure investing platform with combined client AUM of more than $150bn across equity, debt, and solutions
US SEC charges Morgan Stanley and former executive over block trading business fraud
Morgan Stanley has agreed to pay over $249m to settle multi-year fraud charges and for failing to enforce information barriers
Thomson Reuters acquires majority interest in Pagero
Pagero is a global leader in e-invoicing and indirect tax solutions, which it delivers through its Smart Business Network
SIX taps TCS to modernise Swiss post trade market infrastructure
TCS said that it has collaborated with SIX and various technology providers for designing a new transformation strategy and an advanced open systems environment
Tikehau and Nikko in talks to form business and capital alliance in Asia
Through the proposed partnership, both parties will enter into distribution agreements in Japan and other regions in Asia
Saudi fintech Tamara secures $340m in Series C round at $1bn valuation
The financing round was co-led by regional financial institution SNB Capital and Sanabil Investments, a financial investment company which is owned by Public Investment Fund
Farro establishes regional headquarters in DIFC to drive global expansion
Leveraging Dubai’s regional strength as an emerging financial hub, this milestone builds on the firm’s deep commitment to enhancing its cross-border advisory platform capabilities to best serve the unique needs of ultra-high-net-worth (UHNW) families
Commercial International Bank Egypt selects IBM’s technology to integrate services
CIB aims to integrate its existing and new services from branches, digital channels, interactive voice response (IVR), mobile and internet banking, business processes and customer relationship management (CRM)
Fintech firm SellersFi closes credit facility up to $300m with Citi and Fasanara
Citi provides the senior capital with a portion from Fasanara Capital, while the mezzanine capital is offered by the independent asset manager