World

PAG names Nikhil Srivastava co-head of private equity

Srivastava will co-lead the division alongside David Wong.

Grammarly plans to use the capital to fund sales and marketing costs and strategic acquisitions.

Its dismissal is with prejudice, meaning the SEC cannot pursue the case again.

The fund is available to individual investors in Europe, the Middle East, and Asia.

OpenAI outlined plans in December to convert its for-profit arm into a public benefit corporation.

Felicis led the round.

Biggest lenders are still hesitant to be the first among rivals to expand too heavily into crypto.

The investor is selling 26.74 million shares at NZ$35.50 each.

Cathay Innovation Fund III invests in vertical AI solutions in the US, Europe, and Asia.

Accel and General Catalyst, among other investors, plan to sell shares in the public offering.