Wednesday, April 23, 2025

Former NIIF executive to launch $250 million PE fund

Padmanabh Sinha, former executive of NIIF, is launching a new $250 million private equity fund under LaunchBay Capital to invest in growth-stage companies. Targeting $25–50 million deals, the fund will focus on sectors like tech, finance, and manufacturing.

from Tech-Economic Times https://ift.tt/Kzrcew4

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...