Deals & Transactions

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iCapital Network raises USD440m in latest funding round to enhance client offerings

iCapital Network raises USD440m in latest funding round to enhance client offerings

iCapital Network, a global financial technology platform focused on access and efficiency in alternative investing for the asset and wealth management industries, has raised USD440 million in funding round led by Temasek, with participation from Owl Rock, a division of Blue Owl Capital; MSD Partners; Noah Holdings and Golub Capital. 

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HIG Capital sells US MED

HIG Capital sells US MED

HIG Capital (HIG) has sold portfolio company US Medical Supply (US MED to Advanced Diabetes Supply (ADS), a portfolio company of Court Square Capital Partners Inc. Terms of the transaction have not been disclosed.

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Saber Labs raises USD7.7m in seed funding

Saber Labs raises USD7.7m in seed funding

Saber Labs, a core contributor to Saber, the first Solana-based cross-chain stablecoin exchange, has secured USD7.7 million in a seed round led by Race Capital, with participation from Chamath Palihapitya’s Social Capital, Jump Capital, Multicoin Capital, Solana Foundation, and others, as well as crypto industry leaders from FTX, Okcoin, Curve, Terra, and Stacks.