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Funds

Ropes & Gray advises Cordillera Investment Partners on second fund

Cordillera Investment Partners has held the final closing of its second fund, Cordillera Investment Fund II, with total commitments of USD362 million, bringing the total AUM of the firm to USD648 million. The fund was oversubscribed and capitalised by endowments, foundations, family offices, and wealth advisors.   Cordillera specialises in

CuraSen Therapeutics secures USD54.5m in Series A financing

CuraSen Therapeutics, a privately held biotechnology company focussed on developing therapies to treat neurodegenerative diseases, has closed a USD54.5 million Series A financing Led by New Leaf Venture Partners. The investor syndicate also includes Longitude Capital, funds managed by Tekla Capital Management LLC, Alta Partners, Johnson & Johnson Innovation –

Roquette invests in Israeli seed breeding company Equinom

Roquette, a specialist in plant-based ingredients for Food, Nutrition and Health markets and a pioneer in new vegetal proteins, and Equinom Ltd, an Israel-based breeding technology company, have signed a partnership agreement for the development and sourcing of new pea varieties with high-protein content. In addition to this new collaboration,

Online fashion manufacturing marketplace secures GBP650,000 investment

The UK’s first fully-automated fashion manufacturing marketplace Sewport has secured GBP650,000, less than a year after it launched. Only launched at the end of 2017, and founded by Latvian entrepreneur Boris Hodakel, Sewport has attracted more than 500 manufacturers and suppliers, as well as more than 4,000 brands internationally.  

Shopblocks secures GBP300k investment from angel network

Dow Schofield Watts Angels – the Northern angel network – has completed its second deal, with a GBP300,000 investment in Miribase Limited, the company behind the Shopblocks e-commerce platform. Over 25 angel investors took part in the funding round, which will be used to accelerate Shopblocks’ revenues by investment in

Riverside Company completes Applied Logic add-on

Private equity firm The Riverside Company has added Applied Logic to its Censis Technologies platform. Headquartered in St Louis, Applied Logic provides software and third-party hardware used in the sterile processing department (SPD) of hospitals and medical facilities. The company’s products assist with SPD workflows, tracking surgical inventory and alerting

CenterOak’s Aakash Chemicals makes acquisition

Dallas-based private equity firm CenterOak Partners’ portfolio company Aakash Chemicals & Dye-Stuffs has acquired Sandream Impact, a supplier of colourants and other specialty chemicals to the cosmetic, personal care, and nutritional markets. Terms of the transaction were not disclosed.  Sandream Impact serves a broad base of customers across the United

UK sustainable private equity fund finds post Brexit opportunities

The Nobel Sustainability Growth Fund, which makes UK sustainable private equity investments to build technology, manufacturing, services and asset development and is managed by Jim Totty and Nick Curtis, is close to its first close. Launched in partnership with the Nobel Sustainability Trust ,which was founded by members of the

New USD500m fintech fund Corviglia Capital launches in Europe

Corviglia Capital Fund, a global fintech growth equity investor, has launched with a target of raising USD500 million in capital commitments. The fund has been established in Luxembourg by two experienced entrepreneurs and executives – Petr Šmída and Cezary Smorszczewski – who each managed financial institutions valued at USD10 billion.

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