1. Home
  2. Fintech and Finance

Category: Politics

Muyuan closes debut loan at smaller size of $140m

Chinese pork producer Muyuan Foods saw lukewarm appetite among banks for its debut syndicated loan, which was closed at a smaller size of $140m.

Hg leads $30m series-B for Silverfin

Hg has led a $30m series-B funding round for Silverfin, a Belgium-based financial software developer.

Insight Partners pumps more money into Nymbus as Covid-19 sees banks scramble to digitise

Financial services digitisation platform Nymbus has picked up $12m in a new financing round led by major shareholders Insight Partners and Vensure Enterprise. Nymbus said the new capital would go towards supporting rapid market penetration for

Cortec Notches 25x ROC on YETI Exit

Cortec Group has sold its remaining equity interest in YETI, a designer and marketer of ice chests and coolers. Cortec acquired YETI in partnership with the company’s founders, Roy and Ryan Seiders, in June 2012.

Kinderhook Forms Specialty Pharmacy Platform Avita

Kinderhook has acquired Paramount Specialty Pharmacy and PharmBlue Holdings and will combine them with its existing pharmacy companies Long’s Drugs and PharMedQuest. The new merged platform will operate under the name of Avita Pharmacy. Kinderhook

DOL Action Expands 401k Access to Private Equity

Last week, the Department of Labor provided an information letter to confirm that companies with 401(k) plans can now offer private equity options to their employees. Presently, 401(k) plan fiduciaries do not provide plan participants

Z Capital Get New MD

Z Capital has added Timothy Chiodo to its investment team as a new managing director. Mr. Chiodo will be active sourcing and executing new transactions and portfolio company oversight. Prior to joining ZCG, Mr. Chiodo

Private equity fundraising set for coronavirus shakeout as LPs hunt for volatility winners

Private equity firms face an uphill battle to convert new LP relationships into committed capital this year, as the coronavirus crisis skews limited partner attention towards re-ups and existing relationships, new research suggests.

Main Capital-backed Inergy buys Frontin

Business intelligence and data analytics business Inergy, a portfolio company of Main Capital, has acquired Netherlands-based Frontin, a software platform for Dutch municipalities.

Global Founders et al. back €7.5m round for Alasco

New investors Global Founders Capital and Anyon have backed a €7.5m round for construction cost management and tracing software Alasco, along with existing investors HV Holtzbrinck Ventures and Picus Capital.

PCP Capital’s lawyers home in on ‘legally risky’ fees in £1.5bn court battle with Barclays

The £346m earned in fees by the Qatari investors was more than ten times the £30m PCP pocketed for bringing Abu Dhabi into the fold, according to written submissions to the court

Rotunda Capital passes $123m for first fundraise, well on the way to $175m goal

Rotunda Capital has pulled in more than $123m towards what is believed to be its debut fundraise, putting it well on the way to its goal.

Covid-19: Bank response bonds

Private banks are joining public sector issuers in channeling their resources towards tackling the impact of Covid-19. This table tracks the bonds that financial institutions have issued in response to the pandemic.

Consortium backs €8.8m round for Bepro

Existing investors Altos Ventures and Softbank Ventures have backed a €8.8m round for Germany-based football analytics software Bepro, along with new investors Saehan Ventures, Springcamp and Miraeasset Ventures.

China property issuers storm dollar market

Chinese real estate borrowers swarmed the international bond market on Wednesday, raising a combined $1.05bn across four transactions.

Kinderhook Acquires Original One Parts

Kinderhook Industries has acquired Original One Auto Parts. This acquisition is the firm’s 86th acquisition in the automotive aftermarket. Dallas-headquartered Original One Parts is a provider of recycled, refinished, and certified original equipment manufacturer auto parts

Francisco Closes On $10 Billion

Francisco Partners has held a final closing of three funds, two equity funds and one credit fund, with an aggregate $10 billion of capital. The three new funds are Francisco Partners VI LP with $7.45

Raymond James Expands Investment Banking Team

Raymond James has added Andy Schwartz to its investment banking team as a managing director and co-head of its newly formed commercial and industrial services sector team. Mr. Schwartz has long been active in the

Elephant, Mosaic Ventures lead $18m round for Keelvar

US-based venture capital firm Elephant and London-based peer Mosaic Ventures have led a $18m series-A round for Keelvar, a procurement software developer based in Ireland, along with participation from Paua Ventures.

BGF invests £6m in Amdaris

BGF has invested £6m in software developer and digital transformation specialist Amdaris.

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.