Private equity major Advent International announced that it has raised a total of $25 billion for its flagship fund, Advent International GPE X, after less than six month in the market. The fund, which reached its hard cap, is Advent’s largest ever fundraise and brings the firm’s total assets under management to over $100 billion.… Continue reading Advent International raises $25b for 10th global PE fund
Category: Tech News
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Cathay Capital sets up $533m global health fund Cathay Health
Global investment firm Cathay Capital has set up Cathay Health, a 500-million-euro ($533.4 million) global fund dedicated to investing in the convergence of healthcare, life sciences, and technology. The new fund will focus on venture- to growth-stage companies across Europe, North America, and Asia whose “innovative tech-enabled products will catalyse groundbreaking advances in medicine,” Cathay… Continue reading Cathay Capital sets up $533m global health fund Cathay Health
Värde Partners to sell 31.7% stake in Greek mall owner for $116.3m
Global alternative investment firm Värde Partners, an active investor in the Asia-Pacific region, will sell a 31.7% stake in Lamda Malls to its majority shareholder Lamda Development for €109 million ($116.3 million), according to a statement on Tuesday. Lamda Malls owns two major shopping centres in Greece — the Golden Hall in Athens as well as… Continue reading Värde Partners to sell 31.7% stake in Greek mall owner for $116.3m
Starlink launches satellite internet for RVs that costs $25 more
Starlink has launched a new product meant specifically for RV dwellers and those who can’t wait to get connected to the satellite internet service. While applying for a regular Starlink dish and service will put customers in a waitlist until 2023, Starlink for RVs is immediately available and will ship out to buyers right now.… Continue reading Starlink launches satellite internet for RVs that costs $25 more
Google is testing a smaller, modular Street View camera system
Street View for Google Maps launched 15 years ago this week, and Google is taking advantage of the anniversary to drop some updates, including a major update to the Street View mapping hardware. The one most people can immediately enjoy, though, is the ability to “go back in time” on Street View using Google Maps… Continue reading Google is testing a smaller, modular Street View camera system
Logitech MX Mechanical: A gaming keyboard for work without all the RGB
Logitech’s MX Master mice are simply unmatched when it comes to premium productivity (despite what my colleague James says). However, while I like the Craft and MX Keys, the company’s keyboards don’t enjoy quite the same level of dominance. But after testing out the new MX Mechanical, it’s clear Logitech finally has a high-end option… Continue reading Logitech MX Mechanical: A gaming keyboard for work without all the RGB
NVIDIA is bringing liquid-cooled GPUs to data centers
Starting later this year, NVIDIA will begin selling a liquid-cooled version of its A100 GPU for data centers. The GPU maker is positioning the video card as a way for cloud computing companies to make their facilities more energy-efficient. It may seem unintuitive, but by adding a water block to the component, data centers can… Continue reading NVIDIA is bringing liquid-cooled GPUs to data centers
People Digest: Cradle CEO, Zilingo PR chief quit; LambdaTest appoints COO …
Malaysia’s early-stage investment firm Cradle has announced that Rafiza Ghazali will step down as CEO while Zilingo‘s global head for public relations and communications Naushaba Salahuddin has resigned from the company. Sequoia Capital India-backed browser testing startup LambdaTest has appointed Maneesh Sharma as COO. Cradle Fund CEO steps down Malaysia’s early-stage investment firm Cradle Fund… Continue reading People Digest: Cradle CEO, Zilingo PR chief quit; LambdaTest appoints COO …
Japan’s Toshiba to propose Elliott, Farallon executives join its board
Toshiba Corp plans to propose giving two of its major hedge fund shareholders seats on its board, people familiar with the matter said, a move that could give foreign investors more influence over the troubled Japanese conglomerate. Toshiba plans to nominate executives from Elliott Management and Farallon Capital Management for board seats ahead of its annual shareholder meeting in June, said the people, who declined to be identified because the matter has… Continue reading Japan’s Toshiba to propose Elliott, Farallon executives join its board
Google Maps’ historical Street View imagery comes to mobile
Google Maps’ Street View feature is getting a couple of upgrades to celebrate the service’s 15th anniversary, the search giant announced today. The first is a new feature coming to its iOS and Android apps that’ll display historical Street View imagery on your phone. The second is a new, more portable camera that Google hopes… Continue reading Google Maps’ historical Street View imagery comes to mobile