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Intelligence

NFE and Apollo Funds to form new $2bn JV for LNG maritime infrastructure

New Fortress Energy (NFE) and Apollo have entered into a definitive Equity Purchase and Contribution Agreement to sell 11 LNG infrastructure vessels owned by NFE to a newly formed joint venture (JV) between funds managed by Apollo and NFE in a transaction valued at approximately $2 billion. The JV will

Debut Algebris PE fund raise €200m at first close

Algebris Investment’s debut PE fund has raised €200 million at its first close, half of the fund’s €400m target, according to a report by AltAssets. The investment strategy for the Algebris Green Transition Fund will see it invest in energy transition, circular economy and smart cities, and agritech sectors. Investee

Symterra closes $1.7m seed round led by Samaipata

SymTerra, a communications platform for the construction project supply chain, has closed its first seed round at $1.7m, led by Samaipata, with participation from Nemetschek, Pi Labs and Accel. The ‘Slack for construction’ platform is designed to eliminate construction uncertainty through its communication, collaboration and visibility tool. Over 30% of

Verdane leads $21m Onomondo funding round

Verdane has led a $21 million growth equity investment in Danish IoT network Onomondo. The round also included participation from existing investors Maersk Growth, People Ventures and The Danish Growth Fund. The new funding will be used to scale Onomondo’s team and internationalise by accelerating growth in Europe. The company

Integral invests in Econic One

Integral Venture Partners (Integral) has made an investment in Econic One, a technology company focused on the design and manufacturing of smart electric bicycles. Integral’s investment is structured to come in two phases: in the first phase (already executed in the second quarter of 2022), Integral is leading an investment

Konsileo secures £4.7m in Series A funding round led by Committed Capital

Konsileo, a commercial insurance broker and risk management adviser, has completed a £4.7 million Series A funding round led by growth tech VC Committed Capital. Committed Capital first invested in Konsileo in 2018, and provided £3.23m of the current funding round. New investors include a £900,000 investment from ACF Investors,

Apex Group adds to depositary capabilities with European acquisition

Apex Group Ltd (Apex) has acquired Darwin Depositary Services (Darwin), a provider of depositary services to Alternative Investment Funds. Darwin, a leading independent AIFMD depositary in mainland Europe, provides services to clients based in the Netherlands and outside the EU, including hedge funds, real estate, debt and private equity funds

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