Video: “A day in the life” of Beringea CIO Karen McCormick

Beringea chief investment officer Karen McCormick shares her experience of a typical day working from home, and her outlook for venture and growth capital trends in 2021, with Unquote editor Greg Gille

Moore Strategic Ventures, Rovida et al. in $120m round for Blockchain.com

Cryptocurrency wallet and exchange company Blockchain.com has raised $120m in funding from Moore Strategic Ventures, Kyle Bass, Access Industries, Rovida Advisors, Lightspeed Venture Partners, GV, Lakestar and Eldridge.

Canadian, Asian alternatives fundraises among $390m of new LACERA commitments

The $65bn-managing LA County Employees Retirement Association has revealed $390m of new private equity and venture capital funds.

Advent Life Sciences raises $215m across two new funds

Advent Life Sciences has closed two new funds – Advent Life Sciences Fund III and Advent-Harrington Impact Fund – raising total capital of $215m.

Where there’s muck there’s brass: investors eye the circular economy

Rising environmental challenges are driving companies big and small to break away from a reliance on finite resources and to seek other solutions

VC-backed Apcintex acquired by Centessa

IP Group-backed biotechnology company Apcintex has been acquired by Centessa Pharmaceuticals, a newly formed Massachusetts-based pharmaceuticals company.

Advent Life Sciences closes pair of funds totalling $251m

Advent Life Sciences, a transatlantic venture firm focused on life science companies, has closed a pair of new funds totalling $215m.

Edtech investor Reach Capital rockets to $165m Fund III close, more than double Fund II total

Education tech investor Reach Capital has hit a $165m final close for its third fund, more than twice the total it raised for its predecessor vehicle.

Secondary pricing flies high for infra funds; venture sees big jump

Infrastructure, growth funds and LBO funds all saw secondaries pricing remain above 90% of par in the 90 days to the end of December, according to research by Setter Capital.

Yellow Wood Partners promotes five amid ongoing Fund III raise

Boston-based buyout house Yellow Wood Partners has made a string of promotions as it continues to hunt down up to $750m for its latest fundraise.

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