Bonaccord Capital Partners Announces Strategic Minority Investment in Lead Edge Capital [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: Yahoo! Finance
to exceptional mid-market private markets sponsors, today announced that it has acquired a passive minority equity interest in Lead Edge Capital (“Lead Edge”), a growth equity firm focused on investing in market-leading software, internet, consumer, and tech-enabled businesses globally. Bonaccord's investment and strategic development platform will support Lead Edge's value creation initiatives and further growth. There will be no change to Lead Edge's investment process, day-to-day management, or firm operations. “We are pleased to announce our strategic partnership with Bonaccord, which is a critical step in Lead Edge's continued growth and scalability,” said Mitchell Green, Founder and Managing Partner of Lead Edge. “We believe Bonaccord's middle market expertise will be invaluable as we continue to grow our investor network and scale the Lead Edge platform. At the same time, we believe the Bonaccord team can bring additional value to our existing and future portfolio companies
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