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US giant Blackstone sets up Israel office to fund fast-growth tech firms

Shoshanna Solomon is The Times of Israel s Startups and Business reporter A sign for The Blackstone Group L.P. investment firm in front of its offices, October 15, 2018, in New York. (AP Photo/Mark Lennihan) Blackstone, a New York City-based investment giant that manages $649 billion in assets, is setting up an office in Tel Aviv to tap into the nation’s growing tech firms. The office will be run by Yifat Oron, the former CEO of LeumiTech, the tech banking arm of Bank Leumi Le-Israel. As senior managing director and head of Blackstone’s office, Oron will set up a team to vet companies for investment from the US firm’s recently raised, inaugural $4.5 billion growth equity fund Blackstone Growth (BXG).

Mindbody and Epidemic Sound Announce Partnership to Soundtrack Fitness Experiences

Mindbody and Epidemic Sound Announce Partnership to Soundtrack Fitness Experiences Fitness and wellness studios on Mindbody platform have access to more than 35,000 tracks News provided by Share this article Share this article SAN LUIS OBISPO, Calif., April 20, 2021 /PRNewswire/  Mindbody, the leading experience technology platform for the wellness industry, today announced a partnership to soundtrack fitness experiences with Epidemic Sound, the market leading platform for restriction-free music. As a result of this agreement, fitness and wellness businesses on the Mindbody platform are eligible to access Epidemic Sound s library of over 35,000 high quality tracks for use in live, on-demand and streaming classes. Its music library is filled with a diverse selection of music composed by world-class musicians, studio professionals and emerging artists - and has selections for every class type from high tempo workouts to relaxing yoga and meditation.

K Health teams up with Anthem, Blackstone Group on venture to boost health accessibility

Photo by Tassii/Getty Images Digital health startup K Health, in collaboration with and with backing from Blackstone Growth and Anthem, is launching a new joint venture aimed at increasing access to healthcare while making it more affordable. Called Hydrogen Health, the new company will use K Health’s artificial intelligence technology to create digital healthcare solutions to the employer and consumer markets. It hopes to deliver a suite of digital, virtual and in-person care options targeting the direct-to-consumer, direct-to-employer and direct-to-insurer markets, according to the announcement. The financial terms of the deal were not disclosed, but the deal includes a put-and-call agreement between Anthem and Blackstone.

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