Util, a global sustainability data provider measuring the social and environmental impact of companies and investment portfolios, has closed a seed round led by Eldridge, with participation from Oxford Sciences Enterprises, Cris Conde (former CEO of Sungard Bank), Andy Brown (former CTO of UBS), and Roseann Palmieri (former Head of

Stellus Capital Management, LLC (Stellus), a in middle-market direct lending, has partnered with iCapital, the global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries. The partnership provides access to Stellus’ private credit strategy by leveraging iCapital’s industry-leading technology.

PolySign, a fintech company providing digital asset infrastructure to institutional investors, has acquired MG Stover, a full-service digital asset fund administrator. The acquisition supports PolySign’s Series C capital raise and adds key investors to its shareholder base including Soros Fund Management, Brevan Howard, and GSR.  Cowen Digital will also add

Tiger Global Asset Management has invested $30 million in Indonesian logistics startup Waresix, according to DealStreetAsia. The report cites regulatory filings for the information saying that the investment is part of larger Series B1 round being led by the New York-based investment firm.  As a rebuilt of the investment, Tiger

The Carlyle Group has bolstered its healthcare investment capabilities with the acquisition of life sciences investment manager Abingworth, according to a report by AlternativesWatch. Financial details of the transaction, which is expected to close later this year, have not been disclosed. The report quotes “officials at the $301 billion Carlyle”

Omega Systems, a portfolio company of Pfingsten Partners and managed service provider to highly regulated and security-conscious businesses, has merged with ACE IT Solutions, a New Jersey-based technology solutions provider. Omega will leverage the combination to extend its portfolio of ‘Smart’ solutions – including private and public cloud hosting, managed

A start-up inspired by an adventurous granny and co-designed by a team of retirees has raised £1.1 million in funding to tackle the loneliness epidemic amongst older people. The Joy Club is a community-based platform designed to help retirees discover events, passions, and friendships that will enrich their lives.  Google

Global investment firm KKR is to purchase Barracuda Networks Inc, a provider of cloud-first security solutions, from Thoma Bravo, a software investment firm. Financial terms of the deal have not been disclosed. Founded in 2003, Barracuda offers a broad suite of cybersecurity solutions across email protection, application security, network security

Stephens, one of the largest, privately-held financial services firms in the US, through a wholly owned subsidiary entity, is to take a minority ownership stake in active equity investment manager CRUX Asset Management, subject to FCA approval. The proposed transaction will result in Stephens holding approximately 20% of CRUX share