Articles tagged "Bain Capital Ventures"
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Envestnet lands $4.5-billion deal to go private-- including nixing $900 million in debt -- with Fidelity and BlackRock sweetening the pot by joining the future ownership group
Bain brought in Reverence, which owns Osaic, and a bunch of asset managers to fund the deal it controls, and will appoint a new CEO later this year
July 11, 2024 at 10:05 PM
Corient could become an RIA deal-making machine again and pursue its ever elusive IPO, after CI Financial moves to wipe out its debt -- now if it can only find a deal
The Toronto parent's stock rises on announcement to sell notes on the private placement market, freeing Corient to leverage up and break a 7-month deal drought.
May 22, 2024 at 4:40 AM
CI Financial got just the $1 billion face value it wanted for a 20% RIA rollup stake but at a 14.5% PIK, experts warn the deal's terms are brutal
The Toronto owner of the US$140-billion AUM RIA rollup saw its IPO fizzle, but replaced it with a Bain-led deal with valuation sizzle but the new owners' risk is low and upside is exceptionally good, experts say
May 12, 2023 at 3:10 AM
Addepar, Aperio and Bain ex-execs throw $5 million at startup that makes RIAs the quarterback of 'impact investing' endowments that also shelter taxable wealth of ultra-high-net-worth clients
The high-profile, for-profit investors join non-profit foundations to back the Newton, Mass., venture that makes RIAs the pivotal role in marrying charity and ESG, yielding immediate, giant tax deductions.
August 24, 2021 at 2:09 AM
Eaton Vance leads a $40-million investment round in SigFig with an eye toward capturing some of its lightning to spark NextShares
For his millions, Eaton Vance's Tom Faust gets a seat at the SigFig table, which he hopes his firm can leverage
May 26, 2016 at 8:18 PM
An insider reveals turbo-contents of the In|Vest conference in New York, a summit of VCs, robo-founders and big banks
SigFig's Mike Sha talked Bank of the West, Motif's Hardeep called start-ups 'features' and the five-year number jumped to $2 trillion