Waterfield to raise fund worth $100 mn
The fund of funds to be raised from Indian family offices will help back successful homegrown PE and VC funds Multi-family office and advisory firm Waterfield Advisors is raising a $100 million fund of funds (FoF) from Indian family offices, which will back successful homegrown private equity (PE) and venture capital (VC) funds. A FoF […]
Investors Can’t Get Enough of Europe’s New SPAC Kingpins
Investors are rushing to back Europe’s emerging SPAC stars, from ex-Credit Suisse Group AG boss Tidjane Thiam to former Deutsche Bank AG dealmaker Garth Ritchie. Thiam raised $300 million for a special purpose acquisition company focused on deals in the financial industry, up from an initial $250 million target, according to a statement Friday. He […]
Malaysian pension fund launches $600 mln fund managed by BlackRock, HarbourVest, Partners Group
Malaysia’s Employees Provident Fund (EPF) has launched the world’s first and largest syariah private equity direct or co-investment separate managed account fund, with an allocation of $600 million, it said on Friday. The pension fund said in a statement the fund will have three separate managed accounts of $200 million each to be managed by […]
Nyobolt raises USD10m in Series A fundraise
Battery technology specialist Nyobolt has secured USD10 million in a Series A funding led by IQ Capital with participation from Cambridge Enterprise and Silicon Valley investors. The funding will enable Nyobolt to expand globally, building new facilities, and growing the engineering and operational teams, which work with customers to implement and integrate the unique technology […]
Kester completes hat-trick of refinancings
Kester Capital, a primary buyout specialist, has successfully refinanced three of its portfolio companies following strong revenue and profit growth over the last 18 months. Kester’s sector focus and track record has resulted in strong lender appetite for three of its portfolio companies: Avania, YouGarden and Frontier Medical. The deals come following a busy start […]
Trestle Partners closes Fund I with USD30m in capital
Trestle Partners (Trestle), a New York-based private investment firm that specialises in partnering with pre-Series A enterprise software entrepreneurs and founders, has completed fundraising for its inaugural fund, Trestle Partners I, reaching the hard cap of USD30 million. The Fund, which was raised over 12 months, will invest entirely in Software as a Service (SaaS) […]
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 […]
Gaw Capital Said to Weigh $200 Million SPAC for Asia Tech Deals
Gaw Capital Advisors is considering raising at least $200 million through a special purpose acquisition company in the U.S., according to people familiar with the matter. The buyout firm plans to set its sights on technology firms in Asia for targets of the proposed blank-check company, said the people, who asked not to be identified […]
