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Category: Software and Hi-Tech

InvestCloud recapitalises at $1bn through Motive Partners, Clearlake Capital-backed raise

FinTech firm InvestCloud has recapitalised at $1bn and has announced the integration of Finantix and Tegra118 into the business.

PE-backed Cint announces intention to float

Nordic Capital-backed software company Cint has announced its intention to list on Nasdaq Stockholm.

Arch Venture Partners raises $1.85bn for biggest fund yet, less than a year after closing $1.46bn predecessor

Biotech investment specialist Arch Venture Partners has hit a $1.85bn final close for its eleventh flagship fundraise, less than a year after hauling in almost $1.5bn for its predecessor vehicle.

RCapital's Archant acquires The New European

RCapital portfolio company Archant has acquired newspaper the New European.

CVC invests in volleyball federation FIVB

CVC Capital Partners has invested in the International Volleyball Federation (Fédération Internationale de Volleyball, FIVB), the Switzerland-headquartered governing body of volleyball.

JC Flowers buys majority stake in auto refinance marketing business iLendingDIRECT

Financial services-focused private equity house JC Flowers & Co has agreed a majority investment in auto refinance marketing company iLendingDIRECT.

Fintech investor FinTLV follows triple unicorn backing with $120m second fundraise

Israel-based venture capital house FinTLV has raised $120m for its second fund targeting global growth-stage insurtech and fintech companies.

Carlsquare appoints Leckert

Investment banking firm Carlsquare has appointed Steffen Leckert as partner and head of its industrial technology practice in Munich.

Siena Venture targets €25m close before year-end

Siena Venture Partners is aiming to close a €25m fund for late-stage venture capital investments by the end of 2021, partner Lauri Isotamm has told Unquote.

Ignite acquires NTG

Ignite Growth has acquired precision engineering business Newcastle Tool & Guage (NTG).

Verdane increases stake in Bellman Group

Private equity firm Verdane has acquired a 38.7% stake in Bellman Group, a Swedish provider of construction services.

Capza invests in Magellan Partners

Capza has acquired a minority stake in digital transformation specialist Magellan Partners with an investment of €100m, which will be deployed over the next five years.

Mobeus promotes Bacon to investment director

Mobeus Private Equity has promoted Freddie Bacon to investment director.

Hedge fund commitments from US public pensions total $12.5bn during 2020 with net $1.7bn of flows

Opalesque Industry Update - At the start of the Covid-19 pandemic, hedge funds were touted as a way to navigate the resultant market dislocations and distress. US pensions awarded $9bn to hedge funds in H1

Research: The future of tokenisation in alternative investments

Opalesque Industry Update - BNP Paribas Asset Management (BNPP AM), together with the Chartered Alternative Investment Analyst Association (CAIA) and Liquefy, a Hong-Kong based tokenisation platform, released a new research paper that provides key insights

Teamworthy Ventures ups fundraising stakes by seeking up to $125m for Fund III

Teamworthy Ventures is back in the market with its third flagship fundraise, this time with a goal of up to $125m.

Moonpig delivers IPO investors a gift on day one

Moonpig, the online greetings card company, was trading over 20% above its IPO price on Tuesday, netting a healthy profit for investors and showing another example of IPO resilience amidst recent equity market volatility.

Keppel Capital strikes RMB1.4bn close for debut China logistics fund, could double that by year end

Asian asset manager Keppel Capital has raised an initial RMB1.4bn ($216m) for its debut China logistics property fund, with an option to upsize by a simialr amount by the end of the year.

Experienced growth investor PSG picks up €1.25bn to close debut European investment fund

Growth investment major PSG has struck a €1.25bn final close for its first fund dedicated to the European market.

Brexit: City lobbyists call for swift progress on financial services talks

Data sharing, equivalence and clarity on business travel must be top priorities in talks for the sector, TheCityUK said

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