Opalesque Industry Update - Brevan Howard has acquired a 25% non-controlling equity stake in One River Asset Management, an asset manager dedicated to delivering high-conviction absolute-return strategies and innovative investment solutions that help institutional clients
Unocoin, which claims to be India’s first cryptocurrency exchange, has closed its Series A round on $55m.
+Simple, a startup aiming to help simplify insurance underwriting, has closed a €20m funding round amid the acquisition of wholesale broker April Entreprise.
The pandemic may have slowed down the economy, but Impax Asset Management, one of the longest established fund managers in the renewable energy sector, believes Covid-19 is speeding the growth of the already thriving renewables
Can we just forget 2020 ever happened? Perhaps we should get our vaccines first. An entrepreneurial travel company is offering to help those of us at the back of the queue.
Baltic private equity house LitCapital has hit a final close for its sophomore fundraise after attracting back all its LPs from its debut vehicle.
Market euphoria following news of Pfizer’s potential Covid-19 vaccine has helped underwriting banks dodge a likely loss on one of the hardest bridge loans to shift all year, with the bond now guided six points
Yves Mersch, one of the ECB governing council’s staunchest hawks, has a new argument for why the central bank must abridge its purchase programmes: by keeping down the borrowing costs of the eurozone periphery, the
Pritzker Private Capital (PPC) has agreed to acquire Highline Aftermarket, the leading manufacturer of windshield wash fluids in the US and a portfolio company of The Sterling Group; and Warren Distribution, one of the largest
Shrieve Chemical Company, a portfolio company of Gemspring Capital, has acquired the styrene business unit and other assets of CLP Chemicals. Gemspring acquired Shrieve, a distributor of industrial chemicals, fluids, and specialty lubricants, in December
Brook & Whittle, a portfolio company of Snow Phipps, has agreed to acquire sister companies Innovative Labeling Solutions and Wizard Labels. Brook & Whittle is a Connecticut-headquartered manufacturer of pressure-sensitive labels, shrink labels and medical
Plexus Capital has held a final above target close of Plexus Fund V LP with $502 million of capital. Like its earlier funds, Fund V will invest up to $40 million in profitable US-based companies
Private equity and venture capital fundraising efforts remain at full throttle despite a tightening up of LP commitments to alternatives in the face of the Covid-19 pandemic, new research shows.
Real estate private equity firm Lucern Capital Partners has launched its debut fundraise targeting multifamily and mixed-use investments.
Heartwood Partners has made an investment in Patten Seed Company in partnership with the company’s multi-generation family and senior management owners. Patten Seed operates seven farms and produces and supplies a variety of turfgrass products
Sweetwater Investment Management has held a hard cap, oversubscribed, and final close of its debut multi-client fund, Sweetwater Secondaries Fund II LP, with $350 million of capital. Sweetwater’s new fund invests in buyer-led secondary opportunities.
Mission-critical application cybersecurity and compliance platform Onapsis has netted $55m in its Series D round.
AI-powered cloud business phone and contact center provider Dialpad has hit a $1.2bn valuation thanks to a new round of venture capital investment.
Data and analytics platform for banks Fligoo has reportedly secured $40m in a funding round that will help it enter Brazil.
