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Valor Equity Partners raises $1 7 billion for growth equity fund

Valor Equity Partners raises $1.7 billion for growth equity fund The oversubscribed fund closed at its hard cap. The previous fund, Valor Equity Partners IV, closed at $1.05 billion in 2018. Valor Equity Partners V will make initial growth-oriented investments of between $25 million and $75 million in technology-enabled companies, a news release said Wednesday. Investors include the $247.7 billion New York State Common Retirement Fund, Albany; the $51 billion Illinois Municipal Retirement Fund, Oak Brook, and the Wyoming State Loan and Investment Board, Cheyenne, which oversees $22.7 billion in state permanent funds. Officials at Valor Equity Partners could not be immediately reached for further information. Related Articles

Senate Hesitates On Buffalo City Park Grant, Discussion Continues

By Dave Thompson BISMARCK, N.D. (Prairie Public Radio) – The state Senate has rejected the conference committee report on the Commerce Department budget. One of the areas lawmakers objected to was a $5 million one-time grant towards the development of an amusement park in Jamestown. The $5 million would have to be matched, and the developer could then approach the state Investment Board for further money, through loans or grants. Jamestown Republican Senator Terry Wanzek.

New expert council formed to maximise UK investment offer

New expert council formed to maximise UK investment offer Investment Council will  advise Government’s ambitious inward investment strategy    From: 27 April 2021 Today (April 27) Minister for Investment Gerry Grimstone has announced the creation of an Investment Council to act as an advisory body to the UK Government on foreign investment, to improve and enhance the UK’s business environment for foreign investors.  Made up of private sector senior leaders from around the globe in a variety of industries – from technology and energy to infrastructure and financial services – the Council will cement the investor lens in the Government’s inward investment strategy.

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