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European shares gain as Genmab jumps, bond yields retreat

European shares rose to near one-week highs on Tuesday , as Genmab led gains in healthcare stocks, while euro zone bond yields took a breather after rallying on fiscal and inflation concerns. The pan-European STOXX 600 index was up 0.8% to 638.41 points by 0727 GMT, poised for a third straight session of gains.

Niobrara Capital closes inaugural fund with more than $1.5bn in commitments

New York-based private equity firm Niobrara Capital Partners has closed its debut private equity fund and related investment vehicles with more than $1.5bn in total committed capital, exceeding its…

  • Niobrara Capital closed inaugural fund Niobrara Founders Fund with >$1.5bn commitments.
  • Fund secured $1.1bn at final close, co-investment vehicles added >$0.4bn.
  • Firm specializes in middle-market B2B tech and services companies.

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