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Intelligence

Commonfund Capital closes inaugural environmental sustainability fund at $233m

Commonfund Capital has closed its inaugural environmental sustainability fund, Commonfund Capital Environmental Sustainability Partners 2020 at $233 million. The fund had strong support from a variety of limited partners globally including foundations, endowments, family offices, pensions, corporations, registered investment advisors and consultants.   The private equity investment partnership will make

Stifel and Eaton Partners team with RCP Advisors to launch Twelve Degrees

Stifel Financial Corp, Eaton Partners – a Stifel Company – and RCP Advisors (RCP), a subsidiary of P10, Inc. (NYSE: PX), today announced the launch of Twelve Degrees, a strategic partnership focused on investing in and providing capital solutions to leading emerging and first-time alternative investment fund managers. Twelve Degrees

NPIF – Mercia Equity Finance exits Azzure IT

Azzure IT, a Sheffield-based IT services provider, has been acquired by Content+Cloud, the UK arm of Nordic IT services group Advania. The deal provides an exit for NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund, and which has achieved a

Hg appoints four new partners, CFO, and head of talent

Hg, a software and services investor, has appointed four new Partners, a CFO and Head of Talent. Hg is promoting three colleagues to Partner: Chris Fielding (London), Hector Guinness (New York) and Benedikt Joeris (Munich).  In addition, Alexandre Flavier recently joined as a Partner, with a primary focus on software

Bregal Sagemont makes strategic investment in PayArc

PayArc, a payments technology company formed by co-founders Zachary Martinez and Jared Ronski, has secured a strategic investment from Bregal Sagemount, a private equity firm providing capital and strategic assistance to companies in high-growth sectors. PayArc will use this first round of financing to invest in new sales and marketing

VC-backed Ultrahuman acquires consumer-focused wearable company LazyCo

Ultrahuman, a metabolic fitness platform, has acquired consumer-focused wearable company LazyCo famed for creating the Aina ring wearable. Ultrahuman is a venture-backed startup that has raised $25m to date. Their investors include Alpha Wave Incubation (AWI), which is backed by DisruptAD and managed by Falcon Edge, Steadview Capital, Nexus Venture

More than 200 alternative managers opt for private placement through Jersey

More alternative investment funds (AIFs) are being marketed to EU investors through Jersey using National Private Placement Regimes (NPPR) than ever before, according to the latest figures. Recent data from the Jersey Financial Services Commission (JFSC) for the period ending 31 December 2021 shows that there are now 374 alternative

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