Allianz Global Investors (AllianzGI) today announced the first close of the Allianz Asia Pacific Secured Lending Fund (AAPSL) at $476 million (c €450 million).  The AAPSL is AllianzGI’s first Asia Pacific private credit fund that allows institutional investors to invest alongside Allianz. The investment focus is on growing businesses with

ECI Partners has completed the sale of Imagesound to Livingbridge, generating a 2.6x return.

Paymob, Egypt’s market-leading omni-channel financial services platform, has raised $50 million in Series B funding. The round was led by Kora Capital, PayPal Ventures, and Clay Point.  Other new participating investors included Helios Digital Ventures, British International Investment, and Nclude. All existing investors, including A15, FMO, and Global Ventures also

Redcliffe Lifetech (Redcliffe), one of India’s leading diagnostics platforms, has raised $61 million in a funding round led by LeapFrog Investments (LeapFrog). Healthquad, Schroders, LC Nueva, Growth Spark Ventures and existing investors Chiratae Ventures and Alkemi Venture Partners also participated in the round.     The investment will be used

IMB Partners, a middle market private equity firm specialising in utility and government agency services, has made a strategic investment in Carr & Duff, a southeastern Pennsylvania corporation that provides specialty electrical construction services to a range of mid-Atlantic customers. The Duff brothers, Bob, Eddie and Jack, will remain with

Decrypt, a crypto and decentralised web-focused media company, and production arm Decrypt Studios, a Web3 studio specialising in metaverse activations, has completed a spinout from ConsenSys Mesh, the blockchain accelerator and incubator, after raising $10 million in funding on a $50 million post-money valuation. The infusion of capital comes from

EW Healthcare Partners (EW) has acquired a majority stake in Grundium Oy, a specialist in advanced imaging technology based in Finland. The founders and management of Grundium will retain a significant minority stake in the company and remain in leadership positions. The founders will work closely with EW in continuing

Synerise, an AI-first behavioural data platform headquartered in Poland, has closed a $23 million Series B round led by Carpathian Partners, a CEE-focused technology investment fund.

The New York State Common Retirement Fund ($278 billion AuM) has steadily increased its allocations to private markets, and has finished Q1 at $2.8 billion, according to a report by Alternatives Watch. The pension fund has increased its exposure to private equity, credit, real estate and hedge funds, with its

The Government Employees Pension Fund in South Africa is looking to invest ZAR25 billion ($1.6 billion) in private firms, according to a report from Bloomberg. A joint statement from GEPF and the Public Investment Corp (ZAR2.1 trillion AuM) reveals that all investment decisions will be made by the PIC. Financial