Distressed-debt titan Marathon Asset Management has raised $900 million for extending asset-backed loans to companies that may be struggling to find financing, as a pullback from major lenders has allowed alternative asset managers to step in.
Rhino, a startup that specializes in deposit insurance, has more than tripled its valuation to $500 million after raising $95 million in an investment round led by Tiger Global Management.
Its new strategic partnership rounds out a fast-growing portfolio of buzzy lifestyle brands not seen since the Starwood days.
Didi Chuxing Technology Co. is close to finalizing a $1.5 billion round of funding for its on-demand trucking unit from investors including Temasek Holdings Pte, surpassing its fundraising target as investors count on a Chinese economic recovery to fuel shipping.
Amazon.com Inc. is taking more office space in Boston’s Seaport district.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}