Jörn Nikolay, Managing Director and head of General Atlantic’s Munich office, was named to Capital Magazine’s “Young Elite Top 40 Under 40,” a list honoring this year’s most talented managers under 40.
Jonathan Korngold, Managing Director and Global Head of General Atlantic's Financial Services Sector, was named #1 to Institutional Investor's "Fintech Finance 35," a list of top players in fintech investing.
Paul Stamas, Principal on General Atlantic’s Financial Services sector team, was named to the top 10 of GrowthCap’s “40 Under 40 Growth Investors,” a list honoring this year’s experienced investors under 40.
Insurity, Inc., a provider of core insurance processing software and data integration and analytics solutions, announced today that General Atlantic, a leading global growth equity firm, has made a strategic growth investment in the company. General Atlantic joins TA Associates and Genstar Capital as an investor.
General Atlantic, a leading global growth equity firm, announced today that Eric Zhang, former Global Partner and Managing Director of The Carlyle Group, has joined General Atlantic as Managing Director and Head of China. Mr. Zhang will lead the firm’s investments in growth companies across China.
General Atlantic and Warburg Pincus Make Strategic Growth Investment in Network International as The Abraaj Group Exits 5-year Investment
Network International (the “Company”), a leading payment solutions provider in the Middle East and Africa, today announced that affiliates of global investment firms Warburg Pincus and General Atlantic have agreed to acquire a 49% stake in the Company from The Abraaj Group (“Abraaj”). Emirates NBD will continue to own a 51% stake in the Company.
Jonathan Korngold, Managing Director and Global Head of General Atlantic's Financial Services Sector, was named to Institutional Investor's "Fintech Finance 35," a list of top players in fintech investing.
IIFL Holdings Limited (Bloomberg: IIFL IN), announced today that General Atlantic, a leading global growth equity firm, will make a strategic investment to become a minority shareholder in its wealth subsidiary, IIFL Wealth Management Limited (“IIFL Wealth”), one of India’s leading wealth management companies. General Atlantic’s investment will help to support the company’s continued growth and platform expansion as the premier wealth management company in India.
Avant, one of the nation’s fastest growing marketplace lending platforms, announced today it has signed a definitive agreement related to a $325 million Series E equity finance round and expects to close the transaction in mid-October. The funding round is being led by global growth equity firm General Atlantic, with additional participation from Balyasny Asset Management and J.P. Morgan. Existing investors Tiger Global Management and August Capital are expected to participate in the financing round as well as RRE Ventures and DFJ Growth.
General Atlantic, a leading global growth equity firm, announced today that Fock Wai Hoong, formerly of CVC Capital Partners, has joined General Atlantic as head of the firm’s Southeast Asia investing program. Mr. Fock will be based in the firm’s Singapore office.