Cambridge-based OpenCloud, a supplier of real-time application server software for next-generation convergent telecommunications services, has received an investment of GBP4m from Nokia Siemens Networks, one of the largest telecommunications hardware, software and services companies in the world. OpenCloud has also received an additional GBP1m from its existing investors Advent Venture
Prelert has raised USD3.75m in series A funding from Fairhaven Capital Partners and Sierra Ventures. Prelert will use the funds to expand sales of its Incident Cause Analysis software, the first product to automatically find the causal chain of events behind business affecting IT service incidents. "Prelert has proven its
Law firm Macfarlanes has advised Haymarket Financial, the new corporate lender, on its fundraising with Australia’s Future Fund. Macfarlanes provided an integrated team for HayFin advising on specialist fundraising, corporate and tax structuring. Stephen Sims, a funds partner who led the Macfarlanes team, says: “We are delighted to work closely
Sheryl Schwartz, formerly a managing director at TIAA-CREF, has joined Perseus as a senior managing director working in its New York office. Schwartz will work on mezzanine debt, private equity investments and investor relations. Schwartz joined TIAA in 1988 and held a variety of positions there. She worked three years
Law firm Kramer Levin Naftalis & Frankel has expanded its private equity practice with the addition of James J. Moriarty and Russell J. Pinilis as partners in the firm’s New York office. Prior to joining Kramer Levin, Moriarty and Pinilis were partners at O’Melveny & Myers. Moriarty (pictured) represents a
Orchid Cellmark and Accipiter Capital Management have reached an agreement in connection with the nomination of candidates for election to Orchid Cellmark’s board of directors. Pursuant to the agreement, Accipiter will nominate two individuals for election to the Orchid Cellmark board. Such nominees will serve as class I directors of
James Fenner has been named president and chief executive for GE Capital’s leveraged finance business, subject to regulatory approval. Fenner will be responsible for leading and arranging mid market transactions and building close links with commercial partners such as Mubadala GE Capital and Ares Capital. He replaces Thomas Greco, who
In the first of two articles, Grant Stein (pictured), global managing partner of international law firm Walkers, argues that contrary to popular stereotypes, the Cayman Islands are not only fully committed to tax transparency and information-sharing but are actively involved in the OECD’s decision-making process for shaping international standards in
Lombard Investments has sold a major portion of its stake in Somboon Advance Technology, a Thailand-based original equipment manufacturing supplier of auto parts. Lombard invested in Somboon through its Thailand Equity Fund and realised a 3x return. During Lombard’s holding period, Somboon grew its car and light truck parts business,
Brookfield Asset Management has appointed Chris Harris as client relations manager for the private funds group. Harris will be responsible for Brookfield’s relationships with investors in the western US. Prior to his appointment, Harris served a director in the private placement team at Macquarie Capital for three years, working on
12 November, 2026 – 5:00 pm
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12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
