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Intelligence

DWM appoints director, private equity

Developing World Markets (DWM), a US-based investment manager with more than two decades of experience deploying capital to address the social, environmental, and economic needs of the developing world, has promoted Suma Swaminathan to Director, Private Equity. Swaminathan joined DWM’s PE team in 2017 and has overseen the Asia-Africa region,

CFF and FMO select ten fund managers for LAUNCH Capital Provider Fellowship Program

Ten fund managers active in Africa’s tech space have been selected from across the continent for the LAUNCH Capital Provider Fellowship Program, facilitated by the Collaborative for Frontier Finance (CFF), with the main objective of further advancing the capacity of these local capital providers (LCPs) to raise institutional capital. LCPs

DigitalBridge to acquire AMP Capital’s global infrastructure equity investment management business in $328m deal

DigitalBridge Investments, an affiliate of DigitalBridge Group, is to acquire AMP Capital’s global infrastructure equity investment management business, part of its Collimate Capital subsidiary, in a transaction valued at $328 million, comprising upfront payments for the management platform, fund sponsor investments, and retained performance fees, plus potential contingent payments based

Bates Wells appoints new partner in corporate practice

City law firm Bates Wells has appointed Nirav Patel as a partner in its Corporate practice, where he will strengthen the firm’s M&A advisory offering and bring a wealth of experience in advising ESG-focused companies. Patel joins from the London office of law firm, Michelmores, where he was a senior

ZEDRA acquires Atlas Fund Services

ZEDRA, a global specialist in Global Expansion and Corporate Services, Active Wealth and Fund Solutions has acquired Atlas Fund Services, a privately held, fully licensed investment fund administrator. The deal is subject to regulatory approval by the Centrale Bank of Curaçao and Sint Maarten (CBCS).  Founded in 2006, Atlas Fund

Triple Point appoints head of direct lending

Triple Point has strengthened its Private Credit Team with the appointment of highly-experienced growth capital specialist Sean Brophy as Head of Direct Lending. With a wealth of experience in the financial sector, Brophy will focus on developing Triple Point’s SME lending loan book, as well as executing the Direct Lending

Thompson Street Capital Partners sells LTP Home Services Group

Thompson Street Capital Partners (TSCP), a private equity firm based in St Louis, has completed the sale of LTP Home Services Group (LTP), a residential plumbing and HVAC services platform, to L Catterton, a global consumer-focused private equity firm. TSCP will retain a board seat and minority stake in the

Greenstone Equity Partners launches Investor Advisory Board

Greenstone Equity Partners, a capital raising firm in the Middle East, has launched an Investor Advisory Board of prominent GCC business leaders to provide strategic guidance and support. The Investor Advisory Board has been established with the goal to enable and accelerate positive impact across the GCC and deliver unparalleled

52 North Health raises £1m in maiden funding round led by Cambridge Enterprise

52 North Health, a UK and US-based med-tech start-up, has raised £1 million in its first round of funding from leading UK and European specialist investors. The round was led by Cambridge Enterprise, the commercialisation arm of the University of Cambridge, with participation from Crista Galli Ventures, King’s Health Partners

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