PYMNTS
JANUARY 12, 2021
Plus, Delivery Hero is launching an early-stage venture capital (VC) firm. The system was created over years through an effort involving the Bill & Melinda Gates Foundation and the State Bank of Pakistan, with help from the United Nations, the U.K. Germany’s Delivery Hero Introduces Its Own Venture Capital Fund.
PYMNTS
JULY 28, 2020
Detroit-based Rocket Companies, which owns the Dan Gilbert -founded company Rocket Mortgage , is seeking an initial public offering (IPO) for $3.3 Gilbert, who also owns the National Basketball Association (NBA) team the Cleveland Cavaliers , controls 79 percent of the voting power for the company’s common stock.
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PYMNTS
MARCH 14, 2017
The new funding also saw participation from CU Solutions Group, Baird Capital, Detroit Venture Partners and Invest Michigan, the company said, adding that the round follows its self-funded $2 million in seed financing. “We
PYMNTS
SEPTEMBER 22, 2020
Just this week, investors in Starwood Capital Group started to show signs of strain after the pandemic shuttered stores and wiped out emergency cash reserves, leading to default on a $700 million loan. REITs are not exactly a source of good or even consistent news these days. But apparently they’re doing something right in Philadelphia.
Perficient
MAY 21, 2021
Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact. More About Deepti Dhar’s Bright Paths Project: Welcome to Stock Market.
American Banker
MARCH 21, 2016
Ally Financial in Detroit reached a truce with Lion Point Capital, as it agreed to appoint an independent director in consultation with the activist investor.
American Banker
AUGUST 8, 2016
Trump taps bankers: GOP presidential nominee Donald Trump announced his economic team ahead of a major economic speech in Detroit Monday. The 13-member group is heavily weighted with developers, hedge fund managers and investment bankers, including hedge-fund billionaire John Paulson and Thomas Barrack, founder of Colony Capital.
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