Bloomberg Duck Creek Technologies, a software provider for insurers, has raised $230 million from new and existing investors ahead of a planned initial public offering. The Boston-based company attracted Kayne Anderson Rudnick Investment Management and Whale Rock Capital Management as new investors, according to a statement reviewed by Bloomberg. The valuation of the company in the round wasn’t included in ...

Bloomberg Europe needs to quickly deregulate its capital markets to encourage people to buy more stocks, according a panel of top industry executives. With massive amounts of debt being sold to counter the coronavirus recession and the European Union (EU) losing its financial hub in Brexit, the group said companies need greater access to equity investment now more than ever ...

Bloomberg The landlord that owns chunks of London’s trendy Soho district has written down the value of its portfolio by more than $383 million, after coronavirus forced its stores and restaurants to close. Shaftesbury Plc said its portfolio fell by 7.9% in the six months through March to 3.5 billion pounds, according to a statement on Wednesday. The company has ...