NEW YORK AND LONDON–(BUSINESS WIRE)–March 2, 2022– TowerBrook Capital Partners LP (“TowerBrook”), an international investment management firm, and Related Fund Management (“RFM”), a real estate investment management firm, announced the completion of their investment in Stonebridge Companies (“Stonebridge”) or the “Company”). The transaction was financed by a majority investment from TowerBrook, with a significant minority …

Stonebridge Companies is a manager and operator of over 11,500 hotel rooms in 13 states TowerBrook and Related Fund Management partner with Stonebridge to seize growth opportunities in favorable market NEW YORK & LONDON–(BUSINESS WIRE)–TowerBrook Capital Partners LP (“TowerBrook”), an international investment management firm, and Related Fund Management (“RFM”), a real estate investment management firm, …

Adfactors PR has announced a series of workshops in partnership with the Confederation of Indian Industry (CII) in March and April 2022 which will address the top three pressing challenges facing NGOs – Understanding regulations and improving compliance Ensuring sustainable fundraising and Managing reputation in a digital world. The overall program, dubbed …

This information should be read in conjunction with the financial statements and notes included in Item 8 of Part II of this Report. The discussion and analysis which follows may contain trend analysis and other forward-looking statements. See “Cautionary Statement Concerning Forward-Looking Information” above. You should not place undue reliance on any forward-looking statements. Except …

Jupiter Fund Management on Friday reported an increase in full-year earnings as assets under management increased, but net outflows continued. In the year to end December, underlying pre-tax profit rose 21% to £216.7m, with statutory pre-tax profit 39% higher at £183.7 million pounds. Assets under management edged up 3% to a record high of £60.5bn …

key ideas China’s Supreme Court Can Now Impose Jail Sentences Against People Raising Public Funds Through Crypto This decision adds fuel to the fire already lit in the cryptocurrency and financial markets Jail and sentencing would vary depending on the intensity of the offense and the money involved Putin’s “special military operation” has caused a …

The AIM-listed company’s cash level was lower than expected due to a difficult fourth quarter W Resources PLC (AIM:WRES) said a previously announced fundraising round is expected to be completed early this week. Discussions regarding the fundraising, which is expected to be in the form of debt, are at a very advanced stage, the tungsten, …

Evan Agostini/Getty Images Entertainment This article is part of a series that provides ongoing analysis of changes to Nelson Peltz’s 13F portfolio on a quarterly basis. It is based on the Peltz regulation Form 13F filed on 02/11/2022. Please visit our Monitoring of Nelson Peltz’s Trian fund management portfolio article to get an idea of …

SINGAPORE — Charities will get a boost as the government announced a $100 million top-up to the enhanced Tote Board fundraising scheme for a new three-year period. Charities can apply to receive dollar-for-dollar matching for eligible donations capped at $250,000 per charity each year. This applies to donations collected at fundraising events or on approved …

Democratic Governor Gretchen Whitmer raised more than $80,000 at a September 2018 fundraiser in Oakland Hills during her successful campaign for the state’s highest office, according to campaign finance records from the state. ‘State. “Some of the (golf) clubs in the city don’t have political events – Oakland Hills has always done that, which has …

Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some selections. At this point, some shareholders may be questioning their investment in Jupiter Fund Management Plc (LON:JUP), since the last five years have seen the stock price drop by 49%. Moreover, it fell by 14% …

Connected Development and BudgIT, civil society organizations (CSOs) have launched the second phase of the COVID-19 Transparency and Accountability in Africa Project (CTAP). The Nigerian News Agency reports that CTAP is advocating for better financing of health care. The project will also address issues related to the deployment and equitable distribution of vaccines in target …

Connected Development and BudgIT, a civil society organization (CSO), have launched the second phase of the COVID-19 Transparency and Accountability in Africa Project (CTAP). The Nigerian News Agency reports that CTAP is advocating for better financing of health care. The project will also address issues related to the deployment and equitable distribution of vaccines in …

LOS ANGELES, NEW YORK AND BOSTON–(BUSINESS WIRE)–Crescent Capital Group LP, a leading alternative credit investment firm, today announced the successful final closing of its third direct lending fund, Crescent Direct Lending Fund III (“CDL Fund III”), raising $6 billion in investable capital, including targeted leverage and separately managed accounts investing alongside the fund. CDL Fund …

Wamkele Mene, Secretary General of the African Continental Free Trade Area The African Continental Free Trade Area (AfCFTA) Secretariat and the African Export-Import Bank (Afreximbank) have signed a fund management agreement to raise financial support to States Parties and commercial entities in the area of trade. As indicated by the secretariat, the estimated need for …

Jupiter fund manager Ian Heslop has stepped back from day-to-day management of the funds, taking on a senior advisory role instead. Heslop was co-head of the Jupiter Merian Systematic fund range team and with his departure his co-head Amadeo Alentorn will assume full responsibility for the funds. The move has been effective since the start …

The total value of assets under management of fund management Companies represent only 5.5% of Vietnam’s GDP, a figure that is still modest compared to some countries in the region. (Photo: VNA) Hanoi (VNS/VNA) – The scale of the fund management market represents about 5% of GDP, so there is still a lot of growth …

The president of Pied Piper Appeal plans to play four rounds of golf in one day this summer to raise money to buy a minibus for sick and disabled children. Nick Broady, managing director of Avenue Cars in Gloucester, is already in training for the challenge on Sunday June 19. He plans to play at …

Adds details on AMP Capital Inquiries, Exits, Stocks February 10 (Reuters) – Australian Wealth Manager AMP Ltd AMP.AX posted a jump in its annual profit on Thursday and said it had received “requests” on its asset management arm, whose private markets business is expected to be spun off this year. The company, which has been …

Strides Pharma Science announced on Monday that the company’s board of directors will meet on February 10, 2022 to consider raising funds. In an exchange filing, the company said the board would consider a proposal to raise funds on Feb. 10 through the issuance of convertible stock/warrants and/or any other instrument through preferential …

The Cushman Watt Scout Center, headquarters of the Boy Scouts of America for the Los Angeles Area Council, is pictured in Los Angeles, California October 18, 2012. The Boy Scouts of America, acting by court order, released thousands of files which detail allegations and admissions of child sexual abuse within the organization between 1965 and …

Related practices and jurisdictions The last half of 2021 has been practically a ghost town for filing retail bankruptcies. However, the rise of the Omicron variant has significantly delayed a full return to normal for malls. The good news is that the vaccines are working, people are cautiously getting back to work, and the economy …

By Leslie A. Pappas (February 7, 2022, 5:05 PM EST) – The Office of the U.S. Trustee has accused cannabis investment firm Kettner Investments LLC of attempting to use its Delaware Chapter 11 reorganization to obtain sweeping liability waivers for many third parties who violate the Bankruptcy Code, including releasing the company from future claims …

Attorney’s penalty unpaid for discipline charges A lawyer’s penalty that is not paid for disciplinary actions is not exempt from bankruptcy since it’s a ‘penalty’ that is paid to the state the Seventh Circuit said Monday, declaring that it is required to pay a sum of about $12, 000 before the attorney can be reinstated …

Arnold Kubei’s first big gamble as an entrepreneur was, he admits, a calamity. After starting his own janitorial business, amassing $30,000 in savings, and maxing out his credit cards, Kubei had struck a deal to buy a gas station and convenience store in the eastern subway suburb of Maplewood. It was a huge opportunity for …

Bankruptcy filings for North American exploration and production (E&P) companies have fallen significantly in 2021 compared to 2020, so much so that Haynes and Boone LLP is calling for an end to the bankruptcy cycle that began during the downturn of the 2015 oil market. The law firm has been tracking those filings ever since, …

The names of companies and law firms listed above are auto-generated based on the text of the article. We are improving this feature as we continue to test and develop in beta. We appreciate feedback, which you can provide using the feedback tab on the right side of the page. (Reuters) – When Proskauer Rose’s …

Laura Herberg The retirees say a one-time check for $1,400 could help offset losses they suffered following Detroit’s bankruptcy negotiations. A segment of Detroit retirees circulates a change.org petition asking the City of Detroit to give them a one-time check for $1,400. “Retirees are struggling to meet their basic needs during the pandemic. Detroit’s elected …

Johnson & Johnson has asked US officials to intervene after an activist investor tried to halt sales of the company’s talc-based baby powder overseas. Separately, the New Jersey-based drugmaker clashed with Reuters over a story about the “Texas two-step” strategy it employed to pawn talc liabilities on a new company at the end of last …

Not so long ago, in malls and malls across the region, shoppers could count on Dress Barns, Lane Bryants, Ann Taylors, Justices and other clothing stores operated by Ascena Retail Group. Five years ago, the retailer operated nearly 5,000 brick-and-mortar locations catering to women, teens and tweens. By 2020, that number had been halved and …

The alloy block. Image courtesy of Alloy Development Management of related funds reached the final close of Related Real Estate Debt Fund LP (RDF), with capital commitments of $792 million, exceeding its target of $750 million. The fund is a real estate lending vehicle that provides debt financing, structured in the form of full first …

Bulgarian operator Bulsatcom has denied recent reports in local and international media that the company is threatened with bankruptcy. In an official statement provided to Broadband TV News, he said: “With its 35% market share, Bulsatcom is the undisputed leader in the pay-TV market in Bulgaria, as well as the country’s third-largest broadband service provider. …

WHEN NEGOTIATIONS ON REALIZATION OF BANKRUPTCY PROPERTIES END IN COURT. Many readers will be familiar with the term “without prejudice” in written and verbal communications. For those who have been lucky enough not to encounter this term, communication without prejudice is generally used in settlement negotiations. When a communication is expressed without prejudice, these communications …

NOVOSIBIRSK, February 7. /then 24/. The Novosibirsk Arbitration Court on Monday introduced a supervisory procedure regarding the regional operator for the treatment of MSW – Ecology-Novosibirsk LLC, which filed a lawsuit for self-bankruptcy due to a debt of 1.8 billion of rubles, following the case arbitration record. At the beginning of December, the management of …

To print this article, all you need to do is be registered or log in to Mondaq.com. By James S. Carr and Eloy A. Peral1 Like its neighbor to the south, Canada has faced an influx of retail insolvencies amid the COVID-19 pandemic. For example, in 2020, Canadian-based clothing retailers such as Groupe Aldo and …

Russian regional carrier Komiaviatrans is aiming for expansion after an infusion of local government aid helped it avoid bankruptcy. The Komi Republic Ministry of Economic Development says the airline had incurred debts of 4.2 billion rand ($55 million) by October last year. Government officials approved a R1.8 billion financial aid package which was credited to …

During the meeting of February 07, 2022 The Board of Directors of Jindal Stainless, at its meeting of February 7, 2022, approved the raising of funds with any other co-issuer, by way of issuance of debt securities, including debentures or non-redeemable bonds. secured or unsecured convertible bonds, or commercial paper or notes (listed/unlisted) …

“ The Commercial Bankruptcy Claims Market study examined the key influences for market growth. Driving factors which favorably influence the demand for Commercial Bankruptcy Claims, restraining factors which limit the market expansion and their impact on the global Commercial Bankruptcy Claims market are explored in detail. In the report research, trends shaping the market and …

Australia: One-year bankruptcy is back on the table February 06, 2022 Worrells Solvency and Forensic Accountants To print this article, all you need to do is be registered or log in to Mondaq.com. …but it’s not easy for everyone. You may recall that in October 2017 the government introduced the Bankruptcy (Business Incentives) Amendment Bill …

An official notice from the United States Judicial Conference just released announcing that certain dollar amounts in the Bankruptcy Code will be increased 10.973% more than usual this time for new cases filed on or after April 1, 2022. Follow this link to the Federal Register page with a table listing all updated dollar amounts. …

NPS is poised to become a go-to choice for any Indian investor TopicsBS Reviews | NPS | PFRDA The New Pension System (NPS) was envisioned in the late 1990s. Many elements of this thinking were forward-looking. A key part of this was the ideas about fund management. Over decades-long horizons, there is a …

The energy committee, in its latest report, noted that India is targeting the installation of 175 GW of renewable energy by 2022 and has pledged to increase renewable energy capacity to 500 GW by 2022. 2030. A parliamentary panel has suggested that the government could ask banks and financial institutions to set aside a share …

investment company Davy Global Fund Management Ltd (Current portfolio) buys Alphabet Inc, SentinelOne Inc, SentinelOne Inc, Mandiant Inc, Mantech International Corp, sells Alphabet Inc, , , Amazon.com Inc, Apple Inc in the 3 months ended Q4 2021, according to the company’s latest filings investment fund, Davy Global Fund Management Ltd. As of Q4 2021, Davy …

GREENWICH, Conn.–(BUSINESS WIRE)–Strategic Capital Fund Management, LLC (“Strategic Capital” or the “Company”), is pleased to announce that its wireless infrastructure team (“Strategic Wireless”) completed a strong fourth quarter of 2021 by acquiring approximately $19 million worth of cell towers and other wireless infrastructure assets and placing approximately an additional $25 million under contract. These recent …

Vaccinated with two injections: 829,885 (out of approximately 1.1 million population) New cases: 564 Positive test rate: 12.7% Currently hospitalized: 369 Total number of deaths: 3,316 More statistics from the RI Department of Health Globe Rhode Island COVID-19 news and resources Subscribe to our Coronavirus Next Bulletin To start The price of Gregg’s “Death by …

(Bloomberg) – His party reversal paid off for Sen. Joe Manchin who raised $1.6 million in the fourth quarter and a total of $4.8 million in 2021, his highest total ever in a non-election year. The West Virginia Democrat’s haul in the last three months of the year includes hundreds of thousands of dollars from …

By Ian Walker Shares of Challenger Energy Group PLC fell 70% in early trading on Thursday after the company said it had raised 5 million pounds ($6.7 million) through a heavily discounted share offering announced late Wednesday. The London-listed oil and gas company said it issued 5.02 billion new ordinary shares at 0.10 pence each …

Shares of Manappuram Finance Ltd on the fast track on Friday after informing that the financial resources and management committee of the company’s board of directors at its meeting on January 28, 2022 approved the allocation of secured securities, rated, Listed, Redeemable, Non-Convertible Debentures with a face value of Rs.10,00,000/- each for an amount of …

1 p.m. | Alan Burkitt-Gray A slump in tech stocks since the start of 2022 means Digital 9 Infrastructure has raised less than half of its hoped £200m placement this week. The company, which owns undersea cable company Aqua Comms, said yesterday it had raised £95.2million in new shares, well below the target set two …

PROVIDENCE – “Nappy” assumes the reign of the Brothers. The public face of the $75 million capital campaign at Providence College, Steve Napolillo has been named athletic director of the Brothers, succeeding Bob Driscoll, who is retiring at the end of the semester. “Father (Kenneth) Sicard (the chairman of PC) has made the perfect choice …

January 25, solutions provider for carbon markets Sylvera announced that she had successfully completed a Series A Funding Round, with a total investment of $32 million. The round was led by Index Ventures, a European venture capital firm with over $4 billion in assets under management, and also included Insight Partners, Salesforce Ventures and Local …

Bharti Airtel’s board will meet on Friday to assess a fundraising proposal, the company told the stock exchange on Monday. The fundraising plan precedes the 5G spectrum auction proposal and is the second such exercise in three months. Last October, the company raised around Rs 21,000 crore through a rights issue and …

investment company Patton Fund Management, Inc. (Current portfolio) buys Arista Networks Inc, Equifax Inc, Ford Motor Co, Eli Lilly and Co, Pfizer Inc, sells iShares Core S&P 500 ETF, Rockwell Automation Inc, Danaher Corp, Align Technology Inc, Charles River Laboratories International Inc during the 3 months ended 2021Q4, according to the most recent filings of …

Dementia United Kingdom: Lincolnshire agency Pygott and Crone, outsourced communications provider Moneypenny and Relocation Agent Network have joined forces to pound the pavements this month as they take on a 100km charity challenge for Dementia UK. More than 120 employees, suppliers and partners take to the streets, hills and parks to walk, run or cycle …

Web-exclusive Industry players say investors tend to shy away when the government is a small company’s biggest customer. But that’s just the tip of the iceberg TopicsDrones in India | Drones | startups in india India’s startup ecosystem is on track – with different estimates suggesting a cumulative fundraising of $36-40 billion in calendar …

Manappuram Finance announced on Monday that the company’s board of directors had approved raising funds of up to Rs 800 crore via non-convertible debentures, on the basis of a private placement. NBFC in an exchange filing said the board had approved the issue of listed, secured, rated, redeemable and non-convertible debentures with a face value …

Nazara Technologies announced on Wednesday that the company’s board of directors will meet on January 17, 2022 to consider raising funds through the preferential issuance of shares. In a regulatory filing, Nazara Technologies said the board of directors will meet on Monday, January 17, 2022 to consider and approve the issuance of shares …

“Prevent unauthorized transactions in your demat/trading account Update your mobile number/email id with your stockbroker/custodian participant. Receive information about your trades directly from Exchanges on your mobile/email at the end of the day and alerts on your registered mobile for all debits and other important transactions on your demat account directly from NSDL/CDSL on the …

The analysts of Berenberg downgraded FD Technologies from ‘hold’ to ‘sell’ on Wednesday and cut its target price on the stock from 2,200.0p to 1,600.0p, citing ‘misplaced optimism’. Berenberg said that in his view FD Technologies was a classic case of a valuation unsupported by company fundamentals, noting that he believes investors are overestimating the …

Bajaj Finance rose 2.32% to Rs 7,847 after the company said its board would also consider raising funds through debt issuance/issuance of non-convertible debentures. On the same day, the board will also review the unaudited financial results for the three and nine months ended December 31, 2021. Bajaj Finance is engaged …

Chief executive Ravinder Takkar said on Wednesday that the government would not be involved in the management of the company and that the articles of association had been amended to grant voting rights to shareholders holding more than 13% stake in the company, allowing promoters to participate in decision-making even if their share falls below …

RPSG Ventures rose 1.74% to Rs 770.40 after the company said its board would consider the fundraising proposal on January 13, 2022. The funds would be raised by the issue of one or more instruments/securities including shares, convertible securities of any description or warrants or debt securities, by preferential issue on a private …

Ugro Capital announced on Monday that the company’s board of directors will meet on Thursday, January 13, 2022 to consider fundraising. In a publicly filed document, the company said, the board’s investment and borrowing committee meeting is expected to be held on Thursday, January 13, 2022 to review and approve the fundraising through the issuance …

Mr Macoun said he expected Omicron to slow the economy this quarter. He said Pinnacle on January 6 asked all of its staff in Sydney, Melbourne, Brisbane, New York and London to work from home, but did not prevent them from entering if they wanted to. “It feels like we’re locked in again both in …

India: SEBI decides to tighten the rules for fundraising by IPO and preferential issue 06 January 2022 Alpha Partners To print this article, simply register or connect to Mondaq.com. On December 28, 2021, the Securities and Exchange Board of India (“SEBI“) decided to tighten fundraising standards through the initial public offering (“IPO ”) and preferential …

Corporate fundraising through initial public offerings in Bangladesh in 2021 reached Tk 1,658.44 crore, the highest after 2011. In 2011, a total of 13 companies raised Tk 1,678 crore through IPOs. Fourteen companies raised Tk 1,233.44 crore while BEXIMCO raised Tk 425 crore through a Sukuk IPO in 2021. Eleven companies have raised funds using …

KOCHI: At a time when the new council of Cochin society celebrates its first anniversary, civic body falters with lack of funds. According to opposition advisers, the financial situation of the corporation is very pitiful. “To cover administrative expenses only, the company needs around 13 crore rupees per month, while its income is only 10 …

2021 has been another great year for equity fundraising. A total of Rs 1.8 trillion was raised through initial public offerings (IPOs), Qualified Institutional Placements (QIPs) and rights issues, compared to Rs 1.7 trillion raised in the previous year . Funds raised through IPOs have quadrupled, while those from rights issues and QIPs have …

Aether Industries has filed draft documents with SEBI to raise funds via the IPO route New Delhi: Aether Industries, a specialty chemicals company, has filed its preliminary prospectus with the Securities and Exchange Board of India (SEBI) for raising Rs 1,000 crore through the initial public offering (IPO) route. The public issue consists of a …

Inox Wind Energy announced on Monday that the company’s board of directors at its meeting had approved raising Rs 90 crore on a preferential issue basis. The company will issue and allot up to 10,62,574 convertible warrants at an issue price of Rs 847 per warrant, with a right for warrant holders to apply for …

The main goal of stock picking is to find stocks that are beating the market. But every investor is virtually certain to have both outperforming and underperforming stocks. At this point, some shareholders may question their investment in Jupiter Fund Management Plc (LON: JUP), since the past five years have seen the share price drop …

The insider of Synalloy Co. (NASDAQ: SYNL) Privet Fund Management Llc bought 219,523 shares of the company in a trade dated Wednesday, December 22. The shares were purchased at an average cost of $ 12.75 per share, for a total value of $ 2,798,918.25. The acquisition was disclosed in a document filed with the Securities …

Sixty-three companies raised Rs 1.19 trillion through initial public offerings (IPOs) in calendar year 2021 – a record for any year. This is nearly 4.5 times the Rs 26,613 crore raised thanks to 15 IPOs in 2020 and almost double the previous best of Rs 68,827 crore raised in 2017, according to the PRIME database. …

Sixty-three companies raised Rs 1.19 trillion through Initial Public Offerings (IPOs) in calendar year 2021 – a record for any year. This is nearly 4.5 times the Rs 26,613 crore raised thanks to 15 IPOs in 2020 and almost double the previous best of Rs 68,827 crore raised in 2017, according to the PRIME database. …

Sixty-three Indian companies hit a record Rs 1.18 lakh crore thanks to the IPOs of the motherboard during the 2021 calendar. This was nearly 4.5 times the Rs crore raised by 15 IPOs in 2020 and almost double the previous best of 2017, in which Rs 68,827 crore was raised. Key highlights were the IPOs …

The Commission Against Corruption (CCAC) released a report today (Thursday) criticizing the management of the Education Development Fund (EDF) on grants to schools under the school development plan. The CCAC states that “various deficiencies were found in the rules and regulations of the school development plan grant application mechanism, including in …

KUALA LUMPUR (December 22): OMS Group Sdn Bhd has raised RM 138 million by selling 10% of its shares, its very first external fundraiser since starting operations over 20 years ago. In a statement on Wednesday, the engineering, procurement and construction (EPC) service provider said the profits would be used to expand the company’s business. …

Start-up developing fast-growing multi-channel commerce platforms, CatGenie, has taken the next step by raising additional capital during its recent fundraising campaign as part of the fifth cohort of Accelerating Asia. The funding he secured will allow ChatGenie to expand his reach by distributing his product to as many merchants as possible. Currently, the pandemic-born startup …

After a strong performance of digital tech companies in the primary market in 2021, the investment bank expects strong traction in the IPO pipeline for 2022 in key sectors such as digital technology, consumer , FIG, health, real estate and specialty chemicals. The strong initial public offering (IPO) pipeline is expected to support capital flows …

FILE PHOTO: Chairman of Bayan Muna and senatorial candidate Neri Colmenares. SENATE FILE MANILA, Philippines – President Rodrigo Duterte cannot claim that the government has no more funds for Filipinos affected by Typhoon Odette, as funds for crisis situations were already allocated in the national government budget, apart from funds from foreign loans. “How can …

HONG KONG (BLOOMBERG) – After a record year of stock quotes, Asian companies could struggle to repeat success in 2022 given the prospect of rising interest rates and the tightening grip of the China on Big Tech. Thanks to a meteoric first half amid a global boom, initial public offerings in the region have reached …

Ravinder Sood Palampur, December 17 The government has not released funds for development works such as the installation of street lamps, re-carpeting of internal roads, reinforcement of the drainage system and the purchase of garbage disposal machinery in Palampur . The MC was established in Palampur in December last year by merging 15 panchayats there. …

Yes Bank said its board will meet on Tuesday, December 21, 2021 to review fundraising plans. Funds would be raised through the issuance of shares/certificates of deposit/convertible bonds/debentures/warrants/any other equity related securities. Yes Bank is a full-service commercial bank offering a comprehensive range of technology-driven digital products, services and offerings aimed at businesses, MSMEs and …

The Chronicle Enacy Mapakame, Harare Office THE Financial Securities Exchange Limited (FINSEC) introduces the FINSEC Private Markets, a private finance market for companies at every stage of their development. This follows overwhelming demand for private debt and private equity funding on the GEM (Growth Enterprise Market) portal, which launched in 2019. Despite the increased demand …

Charities have been hit – and some have been forced to close – by a drop in donations during the pandemic, research suggests for a City of London wealth management company. More than two-thirds (36%) of donors and almost half (44%) of fundraisers have cut back on their donations and other promotional activities, said James …

Godrej Fund Management (GFM), the real estate private equity arm of the Godrej Group, said on Wednesday it had raised $ 500 million (Rs 3,800 crore) for the development of high-end office assets. The company has announced the final closure of its US $ 500 million office development fund, GBTC II. “GFM will develop Class …

Godrej Fund Management (GFM), the real estate private equity arm of the Godrej Group, announced on Wednesday that it has completed the final closing of its $ 500 million office development fund GBTC II. APG Asset Management NV and Allianz Real Estate, who have also invested in GFM previously, joined the fundraiser in what she …

GFM has fully invested the capital previously raised under GBTC I and Godrej Office Fund I. Godrej Fund Management (“GFM”), the real estate private equity arm of the Godrej Group, announces the definitive closure of its US $ 500 million office development fund, GBTC II. GFM will develop Class A office assets which will be …

Deepak Nitrite announced on Tuesday that the company’s board of directors will meet on December 22, 2021 to consider raising funds. In an exchange filing, Deepak Nitrite said that a meeting of the company’s board of directors is scheduled to be held on Wednesday, December 22, 2021 to consider raising funds through the issuance of …

The Board of Directors of Burger King India Limited (“the Board”) at its meeting held today, i.e. December 15, 2021, has reviewed and approved the increase in the authorized share capital and modification of the constituting act. The board approved the proposal to increase the authorized share capital of the company from Rs. 505,00,00,000 / …