May 17, 2024
Investment

Wisconsin Battery Company Announces $5 Million Investment

PORTAGE, Wis., May 08, 2024–(BUSINESS WIRE)–Wisconsin Battery Company (WinBat™) has received an investment of $5 million from Infinite Power Systems (IPS), a private equity fund. With this investment, 87.5% of WinBat’s seed round has been funded. The company said it will use the funds for development of prototypes for its hemp carbon battery, produced in

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Funds

Blackstone Sells $1.1 Billion of Private Equity Fund Stakes to Ares

(Bloomberg) — Blackstone Inc.’s Strategic Partners unit sold a $1.1 billion portfolio of private equity fund interests to Ares Management Corp. Most Read from Bloomberg The portfolio consists of older fund stakes that Strategic Partners had acquired from institutional sellers, according to people with knowledge of the matter, asking not to be identified discussing confidential

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