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Bain Capital Nets $800M For Business Impact Funding

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Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or corporate governance policies in addition to turning profits, the Wall Street Journal reported. The managing director was former Massachusetts Gov. billion through Nov. Deval Patrick.

Capital 188
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New Unemployment Claims Down 48K To 709K

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24 were in Hawaii (9.9), California (8.9), New Mexico (8.5), Nevada (8.2), the Virgin Islands (7.1), Massachusetts (7.0), Puerto Rico (6.9), Georgia (6.8), District of Columbia (6.5) The highest insured unemployment rates in the week ending Oct. and Alaska (6.1). The highest insured unemployment rates in the week ending Oct. and Alaska (6.1).

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Policygenius Notches $100M For InsurTech Growth

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as well as venture capital operations powered by Massachusetts Mutual Life Insurance Co., In separate news, insurance purchasing and management platform Huckleberry notched $18 million in a Series A funding round in December led by Tribe Capital, with participation from Crosslink Capital, Uncork Capital and Amaranthine.

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Healthcare Tech Company Truepill Raises $75M To Expand

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Also participating were existing investors Boston-based Optum Ventures, which offers capital and strategic guidance to startups; TI Platform Management LLC., Annie Lamont , managing partner at Oak HC/FT, said her firm joined Truepill as the company advances its vision, expands its platform and works to shape the future of healthcare.

Company 184
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BinDawood Prepares First Middle Eastern IPO Since COVID-19

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GIB Capital and NCB Capital on the IPO. In February, Reflexis Systems , a Massachusetts provider of workforce management, announced a partnership with BinDawood. Additionally, it is planning to open 90 stores by the end of 2020. Bloomberg reported that BinDawood is working with Goldman Sachs Group Inc., Moelis & Co.

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Neiman Marcus Emerges From Chapter 11

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He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm.

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Today In Payments: GoCardless Raises $95 Million; BarkBox To Go Public Via SPAC At $1.6 Billion Valuation

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FinTech GoCardless has raised $95 million in a Series F funding round led by Bain Capital Ventures. Massachusetts Suing Robinhood, Alleging Failure To Protect Investors. Massachusetts regulators filed a complaint against Robinhood on Wednesday (Dec. Plus, Fiserv is acquiring Ondot Systems to further its digital capabilities.