Posts

Showing posts from January, 2021

P4G Capital Management Raises $209 Million To Invest In Small & Medium Sized Businesses - Yahoo Finance

Image
SAN FRANCISCO , Jan. 19, 2021 /PRNewswire/ -- P4G Capital Management, LLC ("P4G") announced the final close on their inaugural fund P4G Capital Partners I (the "Fund"), with $209 million in total commitments, exceeding their $200 million target. Commitments came from a diverse group of institutional investors, including endowments, public pensions, insurance companies, foundations, and family offices as limited partners in the Fund. Your Partner for Growth "We're fortunate to have the support of such a high caliber group of investors that can fuel us for years to come. As we look to 2021 and beyond, we're thrilled to be at the font-end of the Fund's deployment allowing us to invest in growth, jobs, and founder and family-owned businesses in the lower middle market," said Rachel Lehman , Managing Partner and Founder at P4G. The P4G team combines tenured operating experience with a disciplined investment approach, partnering with l

New Michigan marijuana taxes, stock market proposed to boost minority business investment - MLive.com

Image
New Michigan marijuana taxes, stock market proposed to boost minority business investment - MLive.com New Michigan marijuana taxes, stock market proposed to boost minority business investment - MLive.com How to Scale Content Production Without Dropping Quality - Small Business Trends State Farm donates $35K to help local businesses through the Gauntlet competition - WSLS 10 New Michigan marijuana taxes, stock market proposed to boost minority business investment - MLive.com Posted: 19 Jan 2021 11:34 AM PST Michigan regulators are proposing new taxes on marijuana, including a 3% excise tax on medical marijuana sales and a 1.5% tax on all business-to-business transactions. Proceeds from the medical sales tax could generate nearly $12 million per year, based on the pace of medical sales in December alone, with a primary goal of promoting and funding new minority-run marijuana businesses. Officials haven't revealed ho

WeWork v. SoftBank: A $3 billion battle involving two ailing companies that were on top of the world 9 months ago - Yahoo Finance

Image
WeWork v. SoftBank: A $3 billion battle involving two ailing companies that were on top of the world 9 months ago - Yahoo Finance WeWork v. SoftBank: A $3 billion battle involving two ailing companies that were on top of the world 9 months ago - Yahoo Finance Posted: 11 May 2020 12:00 AM PDT Who could possibly blame SoftBank for walking away last month from its $3 billion tender offer for WeWork shares— part of a $9.5 billion bailout package it signed last October? SoftBank Group ( SFTBY ) is the Tokyo-based, publicly traded conglomerate founded by entrepreneur and investor Masayoshi Son in 1981. Son, who still runs the company, made his name and fortune with early bets on Yahoo in 1995; Chinese e-commerce behemoth Alibaba Group ( BABA ) in 1999; and Japanese telecom companies. In 2017, SoftBank formed the SoftBank Vision Fund, a $100 billion, tech-focused venture fund composed of capital from the likes of the Saudi Arabian and Abu Dhabi so

The Bank-FinTech Collaboration Model Goes Global - pymnts.com

Image
The Bank-FinTech Collaboration Model Goes Global - pymnts.com The Bank-FinTech Collaboration Model Goes Global - pymnts.com Citi: How 2020’s Challenges Have Highlighted The World’s Resilience - pymnts.com Citcon: Payments Can Be The 'Digital Guide' For Retailers - pymnts.com Today In B2B: ICICI Integrates AlignBooks; Everpeaks Debuts Logistics Portal - pymnts.com Why Digital Banking Might Be ERP Of The Future - pymnts.com The Bank-FinTech Collaboration Model Goes Global - pymnts.com Posted: 19 Jan 2021 05:00 AM PST With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. This week's look at the latest in bank-FinTech collaboration includes new partnerships in Australia, South Africa,