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Intelligence

Lockton launches APAC Transactional Risk division

Independent insurance broker Lockton has launched a Asia Pacific (APAC) Transactional Risks Division with two senior appointments – Will Seccombe as Business Leader based in Hong Kong, and Mindy Ng as Vice President based in Singapore. Seccombe and Ng both arrive to Lockton from Jardine Lloyd Thompson (JLT). Seccombe, a

British Patient Capital commits USD45m to Balderton Fund VII

British Patient Capital, a subsidiary of the British Business Bank, has committed USD45 million to Balderton Capital Fund VII, as it closes at USD400 million. The fund will focus on the Series A stage to support outstanding founders at this critical point in a start-up’s journey.   As with previous

Vista Equity Partners opens VCG office in Singapore

Vista Equity Partners has opened a new Vista Consulting Group (VCG) office in Singapore. VCG is the affiliated consulting arm of Vista, an investment firm focused on enterprise software, data, and technology-enabled businesses. The new office will serve as the Asia headquarters for VCG, expanding Vista’s presence and providing additional

IPSX appoints Director, Capital Markets

IPSX Group (International Property Securities Exchange), which operates a regulated securities exchange dedicated to commercial property, has appointed Peter Wyllie to the role of Director, Capital Markets, reporting into Roger Clarke, Head of Capital Markets.  The IPSX team now comprises 17, following a number of hires over recent months as

NewQuest raises USD1bn for fourth flagship fund

Asian private equity firm NewQuest Partners has held the final close of its fourth dedicated secondary fund, NewQuest Asia Fund IV with over USD1 billion in total commitments, surpassing its initial target of USD850 million. The Fund increased its original hard cap of USD950 million to accommodate strong investor demand.

HDFH launches Global Digital Bank Consortium Blockchain Investment Fund at CIIE

HDFH has formally launched the Global Digital Bank Consortium Blockchain Investment Fund at the 2nd China International Import Expo (CIIE) in Shanghai. Initiated by HDFH, Yillion Bank and Zhongguancun Private Equity & Venture Capital Association (ZVCA) in collaboration with domestic and international investors, the new fund will invest in digital

Lazard launches Venture and Growth Banking team

Lazard UK Investment Banking (Lazard) has launched a new team, Lazard Venture and Growth Banking, and appointed Garri Jones and Nick James as Managing Directors in the company’s UK investment banking business. Jones and James will formally start their new roles in January from Numis, where they ran a ventures

Equistone to acquire Amadys

Mid-market private equity firm, Equistone Partners Europe (Equistone) is to acquire Brussels-based, Amadys, a provider of passive network equipment solutions to utility segments in Belgium and its surrounding countries, from the existing management team and Vectis Private Equity. The management team, led by CEO Hein Wilderjans, will continue to run

Northzone raises USD500m for ninth early stage VC fund

Northzone is to closed its latest fund Northzone IX with capital commitments of around YSD500 million. Oversubscribed fund attracted existing and new Limited Partners, and was raised at record speed, demonstrating strong global interest in the European early-stage venture capital market. The fund is one of the largest early stage

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