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Category: Software and Hi-Tech

Personal finance management startup Lanistar hits £150m pre-launch valuation through VC investment

Personal financial management startup Lanistar has secured £15m to fund its upcoming launch later in 2020.

AMB :- U.S. Public pensions rebound in Q2 with $308bn asset gain

Laxman Pai, Opalesque Asia: U.S. public pension funding during Q2 2020 rebounded gaining $308 billion in the market value of assets and reversing Q1 losses, said a study. Milliman&`s Public Pension Funding Index (PP...Article Link

GCP sells UK-based consultancy Chaucer to Apax-backed BIP for €60m

GCP said the exit provided a 'strong return for GCP Fund III'

Hedge fund performance picks in 2Q, with Event Driven-Activist funds dominating

Opalesque Industry Update - Hedge funds gained an average of +2.07% in June, but year-to-date (YTD) average industry returns are still in the red at -3.37%. The second quarter was stronger for the industry, with

Wise buys tires specialist Vittoria

Private equity firm Wise Equity has wholly acquired Vittoria, an Italian manufacturer of high-end bicycle tires.

HIG hires Meysson as head of European direct lending

HIG Capital has hired Pascal Meysson as a managing director and head of its European direct lending affiliate HIG WhiteHorse Europe.

Mirabaud buys luxury shoe brand Clergerie – report

Mirabaud has bought a majority stake in luxury shoe brand Clergerie from its Hong Kong-headquartered parent company First Heritage Brands, according to a report from Le Figaro.

Kester-backed Frontier sells business to HIG-backed Vernacare

Kester Capital portfolio company Frontier Medial Group has sold its infection prevention business to HIG Capital-backed Vernacare.

Apax in exclusive negotiations to buy Snef Telecom – report

Apax Partners is in exclusive negotiations to acquire France-based Snef Telecom in a carve-out from its parent company, electrical engineering and construction company Groupe Snef, according to a report from Capital Finance.

Spain’s Moira Capital buys into bulky goods transport, logistics business GOI

Spanish private equity house Moira Capital Partners has bought a roughly 50% stake in logistics operator GOI.

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