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Intelligence

KRyS Global appointed as BTG Global member for Cayman Islands

BTG Global Advisory, an international alliance of independent restructuring and financial advisory firms, is expanding with the appointment of KRyS Global, a restructuring and insolvency firm with a focus on fraud investigation and dispute resolution, based in the Cayman Islands. KRyS Global was founded in 2007 and now has a team

Rizk Ventures and Goldman Sachs form JV to invest in Colombian healthcare real estate

Rizk Ventures Colombia (RVC), an affiliate of Rizk Ventures, and Goldman Sachs have formed a joint venture to invest in sale-leaseback transactions in the Colombian hospital market. The joint venture announced today the execution of the first sale-leaseback transaction of the hospital known as Instituto del Corazon Floridablanca (ICF) in

Amaya Capital reach financial close for USD876m Nigerian power plant

Amaya Capital Ltd and Azura Power Holdings Ltd have reached financial close for Amaya Capital’s Flagship West Africa power investment, the 450MW Azura-Edo Independent Power Project in Edo State, Nigeria. The USD876 million transaction is the first of a new wave of project-financed greenfield IPPs currently being developed in Nigeria. The financing of

Turquoise Partners to launch private equity fund with Swiss firm REYL

Iran-based financial services group Turquoise Partners is launching an Iran-focused private equity fund in partnership with REYL Finance (MEA) Ltd, REYL & Cie’s Dubai based entity. The new fund will be broadly focused on the rise of the Iranian consumer and will include, but will not be limited to, consumer

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Recognos Financial launches new data extraction platform Recognos ETI

Recognos Financial, provider of AI based data management solutions for the financial services industry, has launched Recognos ETI, a new data extraction platform designed to unlock greater context and insight from otherwise untapped business data.  Utilising the latest advancements in artificial intelligence (AI), natural language processing (NLP), semantic and other

Black Diamond Capital Management appoints Todd Arden as Senior MD and Co-Chief Credit Officer

Alternative asset management firm Black Diamond Capital Management has appointed Todd Arden as Senior Managing Director and Co-Chief Credit Officer.   Arden will have responsibility for co-managing Black Diamond's underwriting processes and credit exposures and will also source stressed and distressed investment opportunities for Black Diamond's funds. Hw will be based in

Rakuten Ventures unveils USD84m Japan venture fund

Rakuten Ventures has launched the Rakuten Ventures Japan Fund, a 10 billion yen (USD84 million) venture capital fund targeting investments in startups in Japan. Building on successes in Israel, Asia Pacific and the USA with Rakuten Ventures 2013 Southeast Asia Fund and 2014 Global Fund, the new Rakuten Ventures Japan

NewVoiceMedia secures USD30m investment

Cloud technology specialist NewVoiceMedia has secured USD30 million in a new round of funding. New investor BGF Ventures joined existing investors Bessemer Venture Partners (BVP), Eden Ventures, Highland Capital Partners Europe, Salesforce Ventures and Technology Crossover Ventures (TCV). The new investment will accelerate NewVoiceMedia’s international growth plans, with particular emphasis

Mission Capital secures GBP3m backing from investors

Secure Trust Bank Commercial Finance has backed venture capital investors Mission Capital with a GBP3 million facility to support the firm’s future acquisitions in the manufacturing sector. Established in 2014, Mission Capital looks to invest in innovative manufacturing and distribution firms in the UK, helping them to achieve their growth

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