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Intelligence

TTV Capital closes TTV Fund IV

TTV Capital has held the final close of TTV Fund IV at USD93 million, well over two times the size of Fund III. TTV added several new limited partners, including a sovereign wealth fund, endowments, foundations, family offices, Invest Georgia, and strategic investors.   “The TTV team is thrilled to

Pivotal bioVenture Partners closes inaugural USD300m life sciences fund

Pivotal bioVenture Partners has held the closing of Pivotal bioVenture Partners Fund I, raising over USD300 million to invest in early stage biotechnology companies. Pivotal bioVenture Partners, funded by the Nan Fung Group, is led by Dr Tracy Saxton and Vincent Cheung.   Pivotal’s investment strategy is centred on identifying

Onlineprinters to acquire Solopress

Onlineprinters, one of Europe's largest B2B online printing companies, is to acquire Solopress. Solopress was founded in 2004 and has grown significantly in recent years reaching 225 employees in 2016.   Solopress’ founders Aron Priest and Andy Smith will continue to lead Solopress as managing directors and become shareholders of

Gen II Fund Services appoints senior managing director

Independent private equity fund administrator Gen II Fund Services has appointed Shawn McMenimen as a senior managing director. McMenimen will be responsible for managing various client relationships and oversight of Gen II's compliance department.    In this role, he will work closely with Steven Alecia, Gen II's chief client officer,

Bowmans advises on PE credit fund financing in sub-Saharan Africa

Pan-African law firm Bowmans has advised Helios Credit Partners on one of the first significant financings by a private credit fund in sub-Saharan Africa. The transaction was one of the largest debt financings secured by a Namibian company in the private sector.   The loan, of up to USD40 million,

Blockchain Capital to raise third fund via digital token offering

Blockchain Capital, a venture capital firm investing in blockchain technology companies, is to raise its third fund via a combination of a traditional limited partnership called Blockchain Capital III and an additional fund offered via a digital token called the BCAP. In line with its strategy to drive innovation based

CEFIF invests in three fintech companies

CreditEase Fintech Investment Fund (CEFIF), a venture fund investing in growth-stage fintech companies in China and globally, has made investments in three new fintech companies. The three investment transactions include a Series C financing round in Trumid, an electronic trading platform for the bond market; a Series B financing round

BaltCap acquires majority stake in TREV-2

BaltCap has increased its ownership in TREV-2, the Estonian infrastructure construction company, by acquiring an additional 38 per cent stake from East Capital Explorer for EUR5.7 million. BaltCap’s total ownership after the acquisition is 75 per cent.   TREV-2 has been in BaltCap’s portfolio since December 2010.   Kristjan Kalda,

Johan Glozman, ACA

Backstop and ACA complete cloud-to-ground database integration

Backstop Solutions Group, a provider of cloud-based productivity solutions for hedge funds, funds of funds, pensions, endowments, foundations, private equity firms, consultants and family offices, and ACA Technology Solutions, a provider of investment management and regulatory technology solutions, have completed an API integration of their solutions. The hook-up connects ACA's

Laurence Everitt, Northern Trust

Northern Trust hires head of global fund services sales for the UK

Northern Trust has appointed Katharine Morris as head of sales of its global fund services business in the UK. Based in London, Morris is responsible for offering investment operations outsourcing, fund administration and the full range of asset servicing solutions, to investment managers domiciled in the UK.   “We are

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