According to newly released research by equity management platform Capdesk, 77 per cent of startup founders are saying that the Covid crisis has made them more likely to offer employee equity in their company.
New York-based Grafine Partners, established by former Riverstone Holdings’ executive Elizabeth Weymouth, is hoping to fill what it regards as a key gap in the market, by providing institutional investors with a dedicated direct investment platform; one that places emphasis on patient, creative and sophisticated capital and a way for large investors to look beyond the usual ‘2 & 20’ fee model charged by traditional commingled funds.
British low-alcohol spirits startup CleanCo has raised GBP7 million from existing and new investors including Ursula Burns, board member of Uber and former board member of Diageo, and Stonebridge, a digital-first consumer brand investment firm set up by DTC entrepreneur James Cox.
BlackRock Alternative Specialists’ David Lomas discusses how its three-pronged approach to deal sourcing makes it well positioned to support private market investors heading into 2021.
Eight Roads Ventures and London-based VC firm Balderton Capital, with participation from existing investors including San Francisco-based Founders Fund, have led a Series B equity round into digital electricity supplier Tibber.
Sub-Sahara African-based Pacer Ventures has launched a USD3 million fund for early-stage startups, with a focus on healthcare, financial inclusion, education and agriculture on the African continent.
VC investment into London’s tech companies has increased by nearly eight times between 2015 and 2020, while the city has attracted growing amounts of VC capital from North American investors in recent years, data from London & Partners and Dealroom.co shows.
Israeli VC firm Peregrine Ventures has launched its fifth fund and first growth fund, Peregrine Growth, focused on late stage life science companies that are on the verge of an IPO or M&A deal.
Private equity assets under management will increase from USD 4.41 trillion in 2020 to USD9.11 trillion in 2025 – and with a CAGR of 15.6 per cent, it will be the fastest-growing asset class over the next five years, according to Preqin.
The second quarter of this year saw two potentially worrying trends in US corporate credit: the number of public filers carrying debt of more than 7x going into Q3 had risen to 35 per cent (compared to 14 per cent in Q4 2018), while the percentage of leveraged loan defaults rose sharply from 2 per cent at the start of the year to north of 4 per cent, by March.
"Q4 to be pretty robust with deal flow, with some potential choppiness in and around the election": Q&A with Kris Ring, debt finance equity partner at Goodwin Procter
Kris Ring, debt finance equity partner at Goodwin Procter in Santa Monica, on the relationship between PE firms and direct lenders during the pandemic, the ways this downturn has been different to previous downturns, how the upcoming election will impact business in the US, and what a potentially contested election result could mean for market volatility.
Listen in to PEWire's podcast with Emily Pollock (pictured), alternatives director at Schroders, to find out how consumption patterns will change in the "new normal", as well as her view on the potential for “buy-and-build” strategies in Europe and why she believes European private equity is well positioned for some of the shifts in the current environment.
To mark Ada Lovelace Day, an international celebration of the achievements of women in science, technology, engineering and maths (STEM), PEWire is publishing a mini-series of three Q&A interviews with women working in venture capital. Second up is Christine Hockley, director of investments at British Patient Capital which makes long-term investments in innovative companies across the UK.
Weezy, a UK-based on-demand supermarket that delivers groceries in 15 minutes on average, has raised USD20 million in Series A funding to expand its grocery delivery service across London and the UK.
Carlyle's latest Global Insights Report, “5 Questions for 2021,” examines five pressing questions the company believe are likely to prove to be the most consequential for markets this year…
Sandberg Capital has closed its second private equity fund – Sandberg Investment Fund II – at EUR109 million. For the first time Sandberg welcomes the European Investment Fund and Tatra banka among its investors.
During this webinar we will ‘think big’ and set out some of the trends for 2021 which we think fund managers ought to keep an eye on. Register here…
Industry Spotlight Profile: Dana Haimoff, Managing Director and Portfolio Manager, Private Equity Group, JP Morgan Asset Management
At an early age, Dana Haimoff (pictured) was fuelled by ambition, which would go on to serve her well in her career as one of London’s leading female private equity executives. Her desire was simple: to move away from the school her parents sent her to, and enrol in Punahou.
UK cyber sector saw funding boost after first lockdown – but early-stage startup backing fell off a cliff
Funding secured by cybersecurity start-ups since the start of lockdown in March increased by more than half compared to the same period in 2019, according to new research released today by Plexal and Beauhurst.
OnePlanetCapital has launched a specialist sustainability EIS Fund to invest in sectors including green tech, tech, fintech and broader B2C businesses.
In this podcast, Private Equity Wire's editor Karin Wasteson speaks to Makram Azar (pictured) and Scott Freidheim, CEO and chairman respectively, of Golden Falcon, a SPAC focused on tech, media, telecoms and fintech companies primarily headquartered in Europe, and chairman, on why SPACs are growing in popularity, and some interesting trends they are seeing in this space.
The agenda is now largely finalised for Private Equity Wire’s inaugural PEWlive Technology Summit, a new flagship digital event that will be held on 10-11 February featuring a high-level line-up of speakers, presenters and sponsors.