Owner billionaire Dan Gilbert is reportedly looking to sell up to 15% of the NBA franchise.
Pinnacle Growth & Secondary Fund combined primary capital and secondary share purchases in the automotive platform.
The financing includes a mix of secondary and primary capital, as TabaPay plans to acquire Transact Bank and support TabaPay's product roadmap.
The deal valued the San Francisco-based software company at $2.5 billion, with Accel and 01A participating alongside new investors Salesforce Ventures and S32.
Goldman Sachs Alternatives, Wells Fargo, and DocuSign joined the deal, which valued the AI company at $5.2 billion.
The direct secondary transaction returns full ownership of the Berlin-based automotive parts platform to its three founders.
The transaction would reportedly value the Scottish luxury handbag maker at nearly £100 million and allow existing investor BGF to exit its holding.
Existing investors Verlinvest and the Mirchandani family have also increased their stakes in the India-based yogurt brand.
The participants plan to expand the range of transferable private credit assets and improve verification as tokenized secondary markets develop.
The minority deal reportedly values the National Football League team at $12 billion.
