latestnews

Octopus Investments, part of Octopus Group, has announced a GBP10 million over allotment facility for its current AIM VCTs fundraise. »

L1 Treasury and Airborne Capital have launched AltitudeOne Aviation with plans to acquire a portfolio of leased in-production narrow body and wide body commercial aircraft. »

Inverleith, a Scottish headquartered private equity firm, has held the final close of its first institutional fund Inverleith Limited Partnership, at its hard cap of EUR60 million. »

Investcorp has appointed Sir Michael Fallon, a British Member of Parliament and former Secretary of State for Defence, to the firm’s International Advisory Board. »

NorthEdge Capital has teamed up with artificial intelligence (AI) firm, Peak, to develop a first-of-its-kind platform set to facilitate deal origination in the private equity sector through the power of AI. »

Private equity investment platform Seedrs has reported a platform-wide annualised rate of return (IRR) of 12.02 per cent and top quartile investor IRR of 31.34 per cent in its latest Portfolio Update, which provides an in-depth analysis of the characteristics and performance of the deals funded on the platform. »

TBG AG, a Switzerland-based private holding company and the owner of DTN, an independent provider of decision-support solutions to the global agriculture, oil and gas and other weather-sensitive industries, is to acquire MetoGroup, a global weather specialist. »

Leading global insurer American International Group is to acquire Glatfelter Insurance Group (Glatfelter), a full-service broker and insurance company providing services for specialty programs and retail operations. »

Orrick has represented the key institutional shareholders in Farfetch’s USD5.8 billion initial public offering on the New York Stock Exchange. »

IT services provider ClearPointe Technologies has been acquired by AccountabilIT, a portfolio company of private equity firm WestView Capital Partners. Drake Star Partners acted as the exclusive financial advisor to ClearPointe on the transaction. »