Private Equity Wire Newsletter

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NEWSLETTER | 28 Oct 2020

Wed | 28 Oct 2020, 12:32

Blackstone has held the final close of the second vintage of its long-hold private equity strategy, Blackstone Core Equity Partners (BCEP II) with USF8 billion commitments.

Wed | 28 Oct 2020, 12:32

Chrystal Capital Partners, a London-based entrepreneurial corporate finance and investment house, has launched Verdite Capital Fund I LP (Verdite), a medical cannabis and cannabinoid focused alternative investment fund regulated in Guernsey.

Wed | 28 Oct 2020, 12:32

Non-bank or direct lending saw a total of 140 European deals in the first half of 2020, compared to 197 for the same period last year, a decrease of 29 per cent.

Wed | 28 Oct 2020, 12:32

UK private equity manager Maven Capital Partners (Maven) has invested GBP2 million in MirrorWeb, a tech firm that enables organisations to capture, archive and monitor web-based content for digital oversight and regulatory compliance.

Blindness: The under-rated investment case

Wed | 28 Oct 2020, 12:32

By Pooya Hemami, Healthcare Analyst at Edison Group – Blindess is perhaps not the most obvious opportunity for investors to spot. Even in a world where other pharma investments are being rehabilitated by Covid-19, sight loss remains a relatively small and expert-only corner of the market.

Wed | 28 Oct 2020, 12:32

Platform and fund administration services provider Prescient Fund Services' Alternative Investment Fund Manager assets under management surpassed EUR 1 billion in the third quarter of 2020.

Wed | 28 Oct 2020, 12:32

Prokarium, a privately-held biotechnology company developing novel immunotherapies and vaccines based on its engineered microbial platform, has closed a USD21 million Series B investment round led by Korea Investment Partners (KIP).

Wed | 28 Oct 2020, 12:32

The London Technology Club (LTC), which includes some of the world’s leading technology investors, has participated in Agronomics oversubscribed equity fundraise of approximately GBP10 million.

Wed | 28 Oct 2020, 12:32

Apex Group is to acquire Banco Modal’s Alternative Fund Administration business in Brazil (MAF).

Edmond de Rothschild Euro Industrial Real Estate Fund exceeds EUR100m GAV

Wed | 28 Oct 2020, 12:32

The Edmond de Rothschild Euro Industrial Real Estate Fund (EIREF) has reached the milestone of EUR100 million gross asset value and is looking to expand into Germany.

Wed | 28 Oct 2020, 12:32

GeoLinks has secured a significant minority investment from a group led by Rock Mountain Capital (RMC). The investment will power GeoLinks’ accelerated network expansion plans, amplify funding for strategic acquisitions and streamline internal growth and operations.

Wed | 28 Oct 2020, 12:32

Hg, a global software investor, has made a strategic investment in CaseWare International (CaseWare), a specialist in audit and assurance software. Terms of the transaction were not disclosed.

Wed | 28 Oct 2020, 12:32

Linktree, a tech platform that connects audiences to a user’s entire online ecosystem, has raised USD10.7 million in Series A funding, led by Insight Partners, an investor in Shopify, and AirTree Ventures, an early investor in Canva.

Ryder launches USD50m corporate VC fund

Wed | 28 Oct 2020, 12:32

Ryder System, a specialist in supply chain, dedicated transportation and commercial fleet management solutions, has launched RyderVentures, a new corporate venture capital fund to invest in and partner with start-up companies that are developing new technologies and business models that deliver advancements and automation in the logistics and transportation industries.

VentureIsrael launches new VC capital fund

Wed | 28 Oct 2020, 12:32

VentureIsrael has launched a new venture capital fund, which will invest in Israel based, early stage deep-tech start-ups. The fund investment strategy focuses on the companies with clear-cut technological advantages, an experienced management team and a flexible business strategy.

Beringea appoints Investment Manager

Wed | 28 Oct 2020, 12:32

Beringea, a transatlantic venture capital investor, has promoted Mark Shepherd to Investment Manager in its London-based investment team.

Wed | 28 Oct 2020, 12:32

FlowStone Partners has appointed Mark Phillip as Managing Director and head of business development and investor relations efforts for the firm.

Wed | 28 Oct 2020, 12:32

Pantheon has appointed Matt Cashion as an investment Partner in the firm's global private equity co-investment Team.

Wed | 28 Oct 2020, 12:32

Theta Lake, the specialist in modern collaboration security and compliance solutions for Cisco Webex, Microsoft Teams, RingCentral, Zoom and more, has raised USD12.7 million in Series A funding, bringing the company’s total funding to USD20 million.