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Intelligence

The BLOC Smart Africa Fund invests EUR300,000 seed funding in Digitech

The BLOC Smart Africa fund (BLOC SA), initiated by the Smart Africa Alliance and managed by Bamboo Capital Partners, is to invest EUR300,000 in Digitech, a Côte d’Ivoire-based SaaS insurance technology start-up.  BLOC SA is leading the seed round, catalysing additional capital from Launch Africa Ventures. Digitech is BLOC SA’s

Tikehau Capital reports EUR319m profit for 2021

Tikehau Capital has reaped the benefits of its differentiating business model and delivered strong financial results in 2021 across its businesses with net profit totalling EUR319 million.  The Group’s asset management business delivered robust growth on all fronts from AuM to revenue while further improving its profitability. Tikehau Capital’s balance

Tevent raises USD2m seed round from Silicon Valley investors

Tevent, a technology platform for virtual events, has raised USD2 million (GBP1.5 million) throughout its series of seed funding rounds to support product development.  The company secured significant financial backing from leading Silicon Valley investors, including Leslie Stretch CEO at Medallia, Co-Founder of MeshDynamics.io; Rory Cameron EVP at Medallia; Jimmy

i80 Group leads USD240m Society Brands fundraising

Society Brands, an Amazon aggregator built for and by founders, has raised USD240 million in its first institutional capital funding round which was led by by i80 Group, a provider of capital to breakthrough technology companies.  A combination of debt and equity, Society Brands will use the newly raised capital

Quarles & Brady adds partner to M&A team

US law firm of Quarles & Brady LLP has added Business Law partner Martin Zivitz to its Indianapolis office.  Before joining Quarles & Brady, Zivitz was a partner at a national law firm and a vice president and general counsel for a medical management company. Zivitz counsels publicly and privately

Oaktree to acquire majority stake in 17Capital

Global alternative investment manager Oaktree is to acquire a majority stake in 17Capital, a provider of strategic finance for investors in private equity. 17Capital specialises in providing non-dilutive capital to high-quality private equity management companies, funds and institutional investors that are seeking to finance value creation and portfolio management initiatives.

Golding increases assets under management by a record EUR2bn to a total of EUR12bn

Golding Capital Partners, one of Europe’s leading alternative investments managers, increased its institutional assets under management to a record EUR12 billion in 2021.  Golding received capital commitments of some EUR2 billion over the course of the year, at the same time as making investments of EUR1.5 billion – both figures

GAM launches low carbon infrastructure investment strategy

GAM Investments has launched a low carbon infrastructure strategy in Australasia. The investment strategy, managed by GAM’s Alternative Investment Solutions (AIS) team, seeks to achieve medium to long-term capital appreciation predominantly through investing in private funds providing access to low carbon, energy transition infrastructure projects. The infrastructure investment private funds

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