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Prateekk Agarwaal’s GrowthCap Ventures to Invest in 15 Startups in Next Two Years
Pratekk Agarwaal, the former Chief Business Officer at BharatPe, has launched his maiden operator VC fund, GrowthCap Ventures. The fund will focus on early-stage investments, from seed to pre-Series A rounds, in fintech, SaaS, and deep-tech startups. Agrawala has over 15 years of experience in…
NAIC and U.S. Bancorp Impact Finance Partner to Increase Access to Capital for Underserved Communities
The National Association of Investment Companies (NAIC) has announced an agreement with U.S. Bancorp Impact Finance to increase the flow of capital to diverse-owned alternative investment managers. The agreement will provide $100 million in funding to NAIC’s Diversity Capital Fund, which invests in private equity,…
Private Equity Firms Adapt to Slow Deal Market by Getting Creative with Cash Raising
The private equity deal market has been on a slowdown in recent months, as investors have become more cautious about making new investments. This has led some private equity firms to get creative about how they raise cash. One way that private equity firms are…
Cedar Fair Off to a Great Start in Third Quarter, Attendance Up 19.3%
Cedar Fair Entertainment Company (NYSE: FUN), a leading amusement park company, today reported financial results for the second quarter ended June 30, 2023. Key Highlights: Net revenues of $506.3 million, an increase of 20.3% compared to the second quarter of 2022.Net income of $140.1 million,…
New Fund and Venture Studio Provides $50 Million in Support for Metaverse Startups
The co-founders of Futureverse, Shara Senderoff and Aaron McDonald, have launched a new $50 million fund and venture studio called Born Ready. The fund will invest in early-stage Web3 and metaverse startups, and the venture studio will provide hands-on support to help these companies grow…
JPMorgan Chase to Present at the Barclays Global Financial Services Conference
Jamie Dimon, the Chairman and Chief Executive Officer of JPMorgan Chase & Co., is set to deliver a presentation at the Barclays Global Financial Services Conference on September 11, 2023, at 1:00 p.m. (Eastern Time). This notable event will take place at the New York…