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Month: July 2020

AMB :- Gallant Capital wraps up the maiden fund at $378m, beating its $300m target

Laxman Pai, Opalesque Asia: Los Angeles-based private equity firm Gallant Capital Partners announced the final closing of its inaugural fund, Gallant Capital Partners I with $378 million in total commitments. Fund I reac...Article Link

AMB :- Hedge fund performance up +1.1% so far in July: Lyxor

Laxman Pai, Opalesque Asia: Lyxor Peer Groups suggest hedge fund performance was up +1.1% so far in July, with Market Neutral L/S underperforming (+0.4%) and Directional L/S Equity, Global Macro and L/S Credit strategies...Article Link

AMB :- Venture capital investment in UK fintech nosedives 40% in H1 2020

Laxman Pai, Opalesque Asia: With 167 deals worth $1.84bn, venture capital investment in UK fintech firms has slumped by nearly 40% during the first six months of 2020. According to a study by UK fintech

Spain’s Azora raises €680m to invest in hotels despite Covid hit to sector

The fundraising comes at a time when the hospitality sector has been reeling due to a drop in demand because of the coronavirus

SEC Identifies Private Fund Deficiencies

Posted by Brian T. Daly and Marc E. Elovitz, Schulte Roth & Zabel LLP, on Monday, July 27, 2020 Editor's Note: Brian T. Daly and Marc E. Elovitz are partners at Schulte Roth & Zabel

VC investment in UK fintech slumps 40% amid Covid-19 crisis

There were 167 deals worth $1.84bn during the first six months of 2020, according to figures from UK fintech industry body Innovate Finance

Former Bridgewater co-CEO sues firm following gender discrimination dispute

Suit claims hedge-fund giant is withholding compensation over disclosure of gender-bias dispute

Battery Ventures issues public takeover offer for Easy Software

Battery Ventures has issued a voluntary public takeover offer for listed Germany-based enterprise software company Easy Software, with shares priced at €11.5 apiece, via the holding company Deltus 36.

Baloise Asset Management acquires stake in Tolomeo Capital

Opalesque Industry Update - As part of wider cooperation deal, the Basel-based insurance company will take a stake in Tolomeo Capital, a wealth manager in Zurich. With this transaction, the asset management of Baloise will

Private equity giants said to circle Rolls Royce’s Spanish aerospace parts unit, deal could hit £1bn – report

Private equity giant KKR, Carlyle and Blackstone are reportedly circling Rolls Royce's £1bn Spanish business ITP Aero.

Advent France Biotechnology, Invivo invest €4.25m in Arthex

Advent France Biotechnology (AFB) and Invivo Ventures have invested in a €4.25m round for Spanish life sciences company Arthex Biotech, which develops RNA therapies for the treatment of myotonic dystrophy.

Abénex Capital to carve out InLog from Haemonetics

French private equity firm Abénex Capital has entered into a definitive agreement to acquire Inlog Holdings, a wholly owned subsidiary of US-based listed healthcare company Haemonetics.

Men still get top roles at financial firms despite diversity efforts

Only 21% of the City's most senior roles go to women, a survey from Pinsent Masons has revealed

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