General Atlantic | Latest News & Updates - Jan 09, 2025 Release

General Atlantic-backed biotech start-up Verdiva Bio secures $410 million in initial funding round...


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General Atlantic

🌎 generalatlantic.com

General Atlantic is a leading global growth investor with over four decades of experience, providing capital and strategic support to more than 520 growth companies. Established in 1980 and headquartered in New York, NY, the firm focuses on partnering with visionary entrepreneurs and investors to build dynamic businesses and create long-term value. General Atlantic manages approximately $100 billion in assets and operates across various sectors including Growth Equity, Credit, Climate, and Sustainable Infrastructure.


General Atlantic - Latest News and Updates

  • General Atlantic-backed biotech start-up Verdiva Bio secures $410 million in initial funding round.
  • General Atlantic's portfolio company, General Vision Services, was acquired by NationsBenefits with funding arranged by Monroe Capital.
  • NextDecade's subsidiary, Rio Grande LNG Super, secured a $175 million loan from General Atlantic Credit's Atlantic Park Fund on December 31.
  • Rubicon Research, majority owned by General Atlantic, acquired a manufacturing facility as it prepares for an IPO.
  • General Atlantic's BeyondNetZero climate fund has made a minority growth investment in Ecore International to support its growth and sustainability goals.
  • General Atlantic Credit, the credit investment platform of General Atlantic, provided a $175 million senior secured loan to NextDecade Corporation's subsidiary, Rio Grande LNG Super Holdings, LLC, through its Atlantic Park Fund.
  • Manoj Purohit has joined General Atlantic as Vice President Finance in India, previously holding a position at another company.
  • Erin (McClellan) Joyce has left General Atlantic, where she was in Capital Solutions, to join Thrive Capital as Vice President, Investor Relations in the United States.
  • Niran Chana, Adanola's CEO, previously played a key role in Gymshark's deal with General Atlantic.
  • Enass Abo-Hamed, Advisory Board member at General Atlantic (BeyondNetZero), will participate in the World Economic Forum Annual Meeting 2025 in Davos to discuss AI's impact on energy innovation and sustainable infrastructure.

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