Category: Funds

Secondary fund managers expect rapid rebound, says Investec

According to Investec’s latest secondaries research report, more than three-quarters, or 77 per cent, of secondary fund managers expect a return to 2018 deal flow levels within the next 12 months “The secondaries market continues to evolve and, while it has not escaped the effects of Covid-19, neither has it suffered the long-term impact some […]

Platform9 raises additional Series-D funding led by WRVI Capital

Platform9, an SaaS Managed Kubernetes provider for private and edge clouds, has closed its Series-D funding with an additional USD12.5 million for a total of USD37.5 million This round was led by WRVI Capital, with participation from all existing venture investors including NGP Capital, Mubadala Ventures, Canvas Ventures, Menlo Ventures, and Redpoint Ventures. The additional […]

EPF launches world’s largest syariah private equity SMA fund with US$600m allocation

The Employees Provident Fund (EPF) said it had launched a syariah private equity (PE) direct and co-investment separate managed account (SMA) fund with an allocation of US$600 million (RM2.43 billion). This is the world’s first and largest syariah private equity SMA fund, said the EPF in a statement today. Through the allocation, the EPF will […]

Secure Trust Bank provides GBP70m in funding for PE-backed businesses

Secure Trust Bank’s Commercial Finance division has provided more than GBP70 million in funding to private equity-backed businesses in 2020 Despite the challenges faced across the sector in 2020, this figure reinforces Secure Trust Bank’s continued appetite to write new business and support existing clients. Of the GBP70 million of new facilities provided, GBP20 million […]

Ant investor Boyu Capital targets $6 billion for new private equity fund

Chinese private equity firm Boyu Capital, an investor in Chinese technology titans including billionaire Jack Ma’s Ant Group, is raising a new, China-focused fund targeting as much as $6 billion, three people with knowledge of the matter said. Its fifth and largest U.S. dollar-denominated fund is likely to close in the near term, said one […]

Savant Growth Launches New Private Equity Fund for Bootstrapped

Savant Growth, a new, data-driven private equity firm, has had its first and final close of its inaugural fund, Savant Growth Fund I, to provide founder-led, SaaS companies with the active partnership, proprietary technology, and expansion capital needed to scale their businesses. “Today, with the rapid pace of change, businesses that leverage Applied AI and […]

Grip raises USD13m in funding round led by Kennet Partners

Market engagement platform for virtual and in-person events, Grip, has announced USD13 million (USD) in series A funding, taking its total amount raised to USD14.5 million The round, led by London-based growth equity fund Kennet Partners, will further enable Grip to provide industry-leading experiences both in-person and virtually. Founded in 2016, Grip has transformed the […]

Cambridge spinout CGD raises USD9.5m in Series A funding

Cambridge GaN Devices (CGD) has raised USD9.5 million in Series A funding. The investment was co-led by IQ Capital, Parkwalk Advisors and BGF, and includes investment from Foresight Williams, Cambridge Enterprise, Martlet Capital, Cambridge Angels and Cambridge Capital Group The funding will be used by CGD to expand its product portfolio of energy-efficient power devices […]

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