Venture capital firm MetaProp closes $100m third fund for investment in early-stage PropTech
MetaProp, the New York-based PropTech venture capital firm, today announced the closing of its latest real estate technology seed fund. The oversubscribed $100 million MetaProp Ventures III, LP (Fund III) is more than two and a half times the size of MetaProp’s second fund, which closed at $40 million in 2018. MetaProp’s third fund includes […]
The ABC Funds invests $1 million in high impact ag-tech Apollo Agriculture
The Agri-Business Capital Fund (ABC Fund) has invested USD1 million in Apollo Agriculture (Apollo), a Kenyan ag-tech which uses machine learning and automated operations technology to help small scale farmers access the resources they need to maximize their profitability. The ABC Fund is providing a credit facility of USD1 million to Apollo. Apollo will use […]
Palatine invests in specialist home healthcare provider Routes
Palatine Private Equity has acquired a majority stake in Routes Healthcare, one of the North’s leading providers of specialist person-centred health and homecare services. Headquartered in the North-West, the business operates from 14 service centres, employing 120 operational and management staff, along with 1,000 carers. In response to the requirements of healthcare commissioners, the management […]
Private Equity Women Investor Network appoints first Executive Director
PEWIN (Private Equity Women Investor Network) has appointed Kirsty McGuire, former General Counsel of the StepStone Group, as its first Executive Director. McGuire will complement PEWIN’s existing leadership team, which includes Kelly Williams (Chair), Kate Mitchell (Vice Chair), Krista Hatcher and Dana Johns (Co-Chief Executive Officers), Jill Kitazaki and Joanne Yoo (Co-Presidents), Iris Zhao-Fiorello (Secretary), […]
Macquarie Infrastructure agrees to sell MIC Hawaii unit
Macquarie Infrastructure Corp (MIC) said late on Monday it signed a deal to sell its MIC Hawaii unit to an affiliate of investment manager Argo Infrastructure Partners. The development comes a week after MIC announced plans to sell its private aviation services network Atlantic Aviation. “The terms of the merger agreement correspond to an enterprise […]
Experts Recommend How Nigeria Can Attract $80bn G-7 Investment Funds
Experts have emphasised the need to improve Nigeria’s regulatory environment and end security challenges as strategies to attract part of $80 billion investment funds proposed by the G-7 governments and partners to boost economic growth in Africa in the next five years. While the Chief Executive Officer, Economic Associates (EA), Dr. Ayo Teriba said Nigeria […]
TA Associates Invests In Apex Group
TA Associates, a leading global growth private equity firm, announced a “significant minority investment” in global financial services provider Apex Group Ltd. “Apex is majority-owned by Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries. The investment reinforces Apex’s strength as a […]
Caban Systems secures £35m in funding from Ember Infrastructure
Caban Systems (Caban), a provider of software-enabled energy storage and management systems for the telecoms industry, has secured investment from Ember Infrastructure (Ember). Ember, a private equity firm supporting businesses that reduce carbon intensity, has agreed to a support package of $35 million for a number of Caban’s growth initiatives as well as Ember to […]
HQ Capital collects $210m to beat target for second co-investment fundraise
HQ Capital has beaten its target for its second co-investment fundraise by reaching a $210m final close. The firm easily passed its $150m goal for Auda Co-Investment Fund II, which will look to build a portfolio of 30 to 35 companies, primarily in North America. Firm CEO Bernd Turk said, “With our co-investment program, we offer […]
Alpine Investors’ Cleo Partners with H.I.G. Capital
Alpine Investors (“Alpine”), a private equity firm focused on software and services businesses, today announced that Cleo Communications (“Cleo”), a global provider of ecosystem integration solutions, is receiving a significant growth investment from an affiliate of H.I.G. Capital (“H.I.G.”), a global private equity and alternative assets investment firm. As part of the partnership, Alpine is […]
