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Intelligence

Ultimus supports launch of private equity interval fund

Ultimus Fund Solutions (Ultimus), an independent provider of full-service fund administration, accounting, and investor solutions, has helped a new client, Primark Capital, bring a new fund product to market. As an interval fund that focuses on private equity, the new Primark Private Equity Investments Fund is one of the first funds

Apex provides fund administration services to SHUAA Financing Opportunities Fund

Apex Group (Apex), a global financial services provider, has been appointed to provide fund administration to the USD200 million “Financing Opportunities Fund” of SHUAA Capital (SHUAA), an asset management and investment banking platform in the UAE. The fund is targeting special situations in the GCC and has already attracted a total

LearnUpon closes USD56m growth equity investment from Summit Partners

LearnUpon, a leading cloud-based Learning Management System (LMS), has secured USD56 million minority investment from global growth equity firm Summit Partners. This funding represents LearnUpon’s first major capital raise and will be used to fuel hiring, support continued execution of the company’s product roadmap and meet accelerating customer demand.   LearnUpon

bfinance appoints Senior Director, Private Markets

bfinance, aa independent investment consultancy, has appointed Anna Morrison as Senior Director, Private Markets. Joining the research team at bfinance’s London office, Morrison brings twenty years’ experience in financial services and investments in the US, Europe and Asia.    Morrison will lead the Private Equity advisory practice and becomes the third

CRUX raises GBP1m seed investment for knowledge quantification platform

CRUX, a British-Israeli startup that has developed the world’s first Knowledge Quantification platform, has announced a GBP1 million seed investment round led by WENVEST Capital, the B2B SaaS venture capital firm, and includes A-Round Capital and Founders Factory. With an overwhelming volume of information on both publisher and corporate platforms, CRUX’s

GTT to sell infrastructure business to I Squared Capital

The Private Equity Team has advised long-standing client GTT Communications, a specialist in the provision of cloud networking services, on the sale of its infrastructure business to I Squared Capital for USD2.15 billion. The acquisition is expected to close, subject to satisfying all required regulatory approvals and contingencies included in the

Landmark Information acquires RiskHorizon platform from Anthesis

Landmark Information – a provider of information to the UK’s property market – has has acquired the Environmental, Social and Governance (ESG) due diligence platform, RiskHorizon, from global sustainability consultancy Anthesis Group.   The platform delivers valuable global insights to a broad group of asset owners and managers, from private equity and

Sherpa Capital adds Investment Director to special situations team

Sherpa Capital, an Iberian private equity fund manager specialising in medium-sized companies, has appointed Isaac Lahuerta as an Investment Director in the firm’s special situations team.Lahuerta joins Sherpa Capital after working for more than two-and-a-half years as a Principal at private equity firm BTC, where he made debt and equity

Map of Santa Monica

“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

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