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Intelligence

QIC acquires controlling interest in North Australian Pastoral Company

Australian investment manager, QIC has signed an agreement to acquire an 80 per cent interest in the North Australian Pastoral Company (NAP), one of Australia’s oldest and largest agricultural enterprises. NAP covers 5.8 million hectares across Queensland and the Northern Territory and approximately 178,000 head of cattle.   At the

Via raises USD100m led by Pitango Growth

Via, an on-demand transit company, is raising USD100 million in Series C funding, having closed USD70 million, with USD30 million in strategic investment to close in the coming weeks.  The funding was led by Pitango Growth, who were joined by leading venture capital firms, family offices, and strategic investors from

NVM Private Equity delivers GBP2.5 million development capital

NVM Private Equity (NVM) has led the recent fundraising round for Manchester based software company MPD Group. NVM has invested GBP2.5 million which will enable the business to continue to develop and deploy their new, disruptive Electio SaaS product.  Electio is a delivery management platform enabling retailers to rapidly increase

Venky Ganesan named chair of the NVCA board

Venky Ganesan, Managing Director of Menlo Ventures, will serve as the 2016-2017 Chair of the National Venture Capital Association (NVCA) Board of Directors. Ganesan’s appointment was made official at the Second Annual NVCA Leadership Gala & Summit in San Francisco, this week. Ganesan becomes Chair of the NVCA Board of

1366 Technologies receives USD10m investment from Hanwha Investment Corporation

Silicon wafer manufacturer 1366 Technologies (1366) has received a USD10 million investment from Korean private equity/venture capital firm Hanwha Investment Corporation.  The funds will be used toward the construction of 1366’s first large-scale commercial factory, scheduled to be online in 2017. “Our Direct Wafer technology represents one of the most

Alliant opens New Orleans office

Alliant has expanded its presence in the Gulf Coast region with the opening of a New Orleans office, which will be manned by Christian Chauvin and Noah Hardie. The pair have joined the company’s Alliant Americas division to provide insurance and risk management solutions to clients in a range of

Howard Kennedy advise on MedaPhor Group fundraising

Law firm Howard Kennedy has advised Cenkos Securities on the GBP3.2 million fund raising by the AIM traded company, MedaPhor Group plc. This secondary fund raising was effected via a share placing, with Cenkos acting as Nomad and Broker to MedaPhor Group plc. MedaPhor Group plc is a global provider

Maven Capital Partners invests in The GP Service

UK-based private equity house Maven Capital Partners (Maven) has completed a GBP2.5 million investment in The GP Service (UK) Limited (GPS), a provider of online services for general medical consultations and prescriptions.  The investment will enable GPS to accelerate the roll-out of its service across new geographical locations, and develop

CVC exits Chinese education service provider

Funds advised by CVC Capital Partners have completed the sale of Education International Corporation (EIC) to a consortium led by NLD Investment (NLD), a Chinese private equity fund, in partnership with the management and the founder of EIC.  Financial details of the transaction have not been disclosed.   EIC is

YieldStreet Milind Mehere

YieldStreet provides access to high yield alternative investment opportunities

YieldStreet has launched the world’s first tech enabled specialty finance and alternative lending platform connecting accredited investors to asset based investments.  YieldStreet is designed to offer opportunities that are backed by collateral, have low market correlation, and generate strong yield, such as loans secured by real estate portfolios, litigation finance

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