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Search resuls for: "Blue Pool Capital"


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The Berlin-based company said Thursday it had raised the funding through a mix of equity and debt, with $85 million of equity investment being led by U.S. asset management firm Blue Pool Capital. The investment values the company at nearly $2 billion, up from GetYourGuide's last publicly-disclosed valuation of $1.4 billion, according to a person familiar with the matter. Total investment in GetYourGuide, including both equity and debt, now stands at just over $1 billion. Rather than advertise hotels, flights and other forms of transportation, GetYourGuide sells its users experiences and things to do in unexplored places. These experiences are offered through third-party suppliers on its platform, with GetYourGuide taking a commission on each booking.
Persons: UniCredit, Johannes Reck, GetYourGuide, Reck, didn't Organizations: U.S, Blue Pool Capital, GetYourGuide's, KKR, Temasek, BNP, Citibank, KfW, GetYourGuide, CNBC, omicron Locations: U.S, Berlin, GetYourGuide
FTX raised equity capital before its collapse from Robert Kraft‘s Kraft Group and entertainment giant Endeavor Group Holdings Inc., among other newly-identified backers who now face the loss of their investments in the once-highflying exchange. The crypto firm’s chapter 11 administrators disclosed a new roster of its financial backers that listed affiliates of Kraft Group and entertainment giant Endeavor as holding common and preferred stock. FTX also disclosed that it raised capital from affiliates of investment offices including Daniel Och‘s Willoughby Capital LLC and Blue Pool Capital, a Hong-Kong office backed by Alibaba Group co-founder Joseph Tsai, according to the shareholder list, filed in bankruptcy court on Tuesday.
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