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Category: Software and Hi-Tech

Ardian strengthens buyout team with two new hires

Joining as new managing directors are Scarlett Omar Broca, from Goldman Sachs, and Heiko Geissler, from Montagu Private Equity

BlackRock wants global standards for sustainability reporting

Previous demand for firms to follow with existing standards led to a 400% increase in compliance

AMB :- New York Life Real Estate Investors closes debt fund on $500m

Bailey McCann, Opalesque New York: New York Life Real Estate Investors has closed its Madison Square Structured Debt fund, a commingled high yield real estate debt vehicle with $500m. The closed-end fund is expected to

EMH Partners closes sophomore growth fund on nearly double the capital of the predecessor

EMH Partners has held the final close of its Growth Fund II on €650m, which will invest into small and medium-sized (SME) businesses in Germany.

The Engine closes its second fund to back companies solving Earth’s biggest threats

The Engine, which is a new venture firm spun out from MIT, has raised $230m for its sophomore fund.

Intuitive launches new investment division and fund to support healthcare companies

Intuitive, a global technology developer for minimally invasive care and robotic-assisted surgery, has launched an investment division, which includes a $100m fund.

Veritas Capital holds final close of its debut credit fund

Veritas Capital, a private equity firm focused on technology-enabled companies, has held the final close of its first Credit Opportunities Fund.

Somerset expands China team

Somerset Capital Management has recruited Min Chen to its China team. He joins the UK firm from Dymon Asia where he was the portfolio manager of the Prospect View China fund. Chen has previously clocked

Fulcrum Asset Management hires new senior member to investment team

Fulcrum Asset Management hired Filippo Cartiglia as a senior member in its investment team. Cartigli is said to play a key part in the UK fund manager’s macroeconomic research, the firm said. Prior to joining

Why are investors looking more at their legal expenses?

Private equity firms spent $9.5m on average on legal fees in 2019 and that figure  has been growing, according to new research from Apperio. The research was based on a survey of 100 senior stakeholders

Have Leon Black’s ties to Jeffrey Epstein caused a power shift at Apollo?

As Apollo CEO Leon Black is distancing himself from the links made between him and convicted paedophile Jeffrey Epstein, investors are now starting to imagine a future without Black at the helm after an email

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