Software and Hi-Tech
AMB :- Global hedge funds record their best five-month performance of 12.85%

AMB :- Global hedge funds record their best five-month performance of 12.85%

Laxman Pai, Opalesque Asia: The Eurekahedge Hedge Fund Index was up 1.85% in August, bringing its year-to-date return to 3.79% and its five-month trailing return to 12.85% since end-March. "Global hedge funds record...Article Link

Manufacturing and Industrial
KKR Acquires Industrial Distribution Property in Phoenix

KKR Acquires Industrial Distribution Property in Phoenix

Core Plus Real Estate Strategy Adds Third Industrial Asset to Portfolio NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the acquisition of an industrial distribution property in Phoenix, Arizona for a purchase

Banking Profiles
Barclays traders sent home in London after testing positive for Covid

Barclays traders sent home in London after testing positive for Covid

A memo to staff said: 'Anyone who interacted with the affected individuals was notified and advised to self-quarantine for 14 days'

Software and Hi-Tech
Clearlake Capital co-founder gives $20m to Princeton University

Clearlake Capital co-founder gives $20m to Princeton University

Earlier this year, the US-based firm closed on more than $7bn for its latest buyout fund Toggle

Oil and Energy
Egypt’s EFG Hermes sells UK solar assets for £500m

Egypt’s EFG Hermes sells UK solar assets for £500m

The sale of Vortex III, a UK solar energy portfolio, generated a 1.5x cash-on-cash multiple and an internal rate of return of around 14%, the investment bank said

Angel / Venture
Kahoot! acquires VC-backed Actimo

Kahoot! acquires VC-backed Actimo

Kahoot!, a Norwegian games-based education platform, has wholly acquired Actimo, a Danish mobile workspace developer for remote employees that is backed by venture capital investors including Promentum Equity Partners.

Software and Hi-Tech
Global economic recovery may take at least five years, World Bank’s Reinhart says

Global economic recovery may take at least five years, World Bank’s Reinhart says

'Everything depends' on when a vaccine gets approved and how long it takes to be given to people

General Partners
PE players await DACH carve-outs uptick

PE players await DACH carve-outs uptick

With corporates under pressure due to the coronavirus pandemic, opportunities are likely to open up for sponsors interested in carve-outs. Harriet Matthews reports on the opportunities and challenges for GPs looking to invest in the

Digital Transformation
LT Capital acquires Global Partner

LT Capital acquires Global Partner

LT Capital has acquired France-based IT consultancy Global Partner.

asia
KKR passes $11bn for fourth flagship Asia fundraise, could raise $12.5bn – report

KKR passes $11bn for fourth flagship Asia fundraise, could raise $12.5bn – report

KKR has hauled in more than $11bn through the first close of its latest mammoth Asia private equity fund, putting it well on the way to its target, Reuters reports.

Software and Hi-Tech
Quadrivio’s 120% Lino buys Rosantica

Quadrivio’s 120% Lino buys Rosantica

Quadrivio-backed 120% Lino has acquired a 60% stake in Italian fashion accessories specialist Rosantica.

Aurora Capital Partners
Clearlake Capital buys insurance SaaS specialist Zywave from Aurora Capital Partners

Clearlake Capital buys insurance SaaS specialist Zywave from Aurora Capital Partners

Clearlake Capital Group has agreed to buy front office insurance software-as-a-service business Zywave from Aurora Capital Partners.

Manufacturing and Industrial
UBS loans bikes to staff to encourage client meet-ups

UBS loans bikes to staff to encourage client meet-ups

The Swiss bank has 10 new Brompton bikes available to bankers to attend client meetings in London in a bid to minimise time employees spend on public transport

Angel / Venture
Novo, Sanofi lead $83m round for Lava Therapeutics

Novo, Sanofi lead $83m round for Lava Therapeutics

Novo Ventures and Sanofi Ventures, the venture arms of pharmaceutical companies Novo Nordisk and Sanofi respectively, have led a $83m series-C round for Netherlands-based T-cell cancer therapy company Lava Therapeutics.

Angel / Venture
Nauta Capital leads €4.7m series-A round for HappySignals

Nauta Capital leads €4.7m series-A round for HappySignals

UK-based venture capital investor Nauta Capital has led a €4.7m series-A funding round for HappySignals, a Helsinki-based developer of an employee engagement platform.

Buyout
Carlyle backs disinfectant sprayer business Victory Innovations following Covid demand boom

Carlyle backs disinfectant sprayer business Victory Innovations following Covid demand boom

Carlyle is looking to take advantage of the huge demand for disinfecting schools, offices and businesses with an investment in electrostatic sprayer maker Victory Innovations.

Software and Hi-Tech
EQT buys Casa.it from Oakley Capital

EQT buys Casa.it from Oakley Capital

Swedish private equity firm EQT has acquired Italian online real estate marketplace Casa.it from Oakley Capital.

Digital Transformation
MVI acquires majority stake in PS Auction

MVI acquires majority stake in PS Auction

MVI has acquired a majority stake in digital auction platform PS Auction.

Fintech and Finance
Blackstone invests in $500m round for Ki

Blackstone invests in $500m round for Ki

Blackstone has invested in a $500m funding round for software-driven insurance technology company Ki.

Buyout
Warburg teams with veteran information services, software trio to launch MLM II platform with up to $1bn of equity

Warburg teams with veteran information services, software trio to launch MLM II platform with up to $1bn of equity

Warburg Pincus has launched information services and software platform MLM II alongside industry a trio of industry veterans, with up to $1bn of total equity.

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.