FORWARD FEATURES CALENDAR

Intelligence

Legends of Learning raises USD5m in seed round led by Konvoy Ventures

Legends of Learning, Inc, creator of the nation’s leading educational game platform for K-12 students, has raised USD5 million in a seed round led by Konvoy Ventures, a venture capital fund dedicated to the games industry. Angel investors also participating in the round include James Park (Co-founder and CEO of

PA Capital closes on USD673m across two private equity funds

PA Capital has held final closes for two of its private equity funds earlier, with its ninth flagship fund, PA Small Company Private Equity Fund IX (Fund IX) closing at USD473 million, above its USD350 million target, and the PA Small Company Co-investment Fund II (Co-invest II) at its USD200

HIG Capital adds MD in BioHealth Team

HIG Capital (HIG) has appointed Gwen Watanabe as a Managing Director in the firm’s dedicated life-science investment affiliate, HIG BioHealth Partners. Watanabe has more than 28 years as an investor, entrepreneur, executive and board member in the medical device industry. Most recently, she was the Vice President and General Manager

Gen II Fund Services receives 2021 ISAE 3402 Type I Report

Gen II Luxembourg Services (Gen II), a wholly-owned subsidiary of private equity fund administrator Gen II Fund Services, has completed the firm’s International Standard on Assurance Engagements (ISAE) 3402 Type I Report in the areas of fund accounting, transfer agency, and depositary services. The ISAE 3402 is an internationally recognised

Virtual underwriting is here to stay for PE fundraising, says Capstone survey

Virtual underwriting has become a permanent fixture in private equity fundraising according to a new survey of global LPs, conducted by placement agent Capstone Partners. The survey, which seeks to explore how current underwriting trends impact LP’s ability to make commitments to private equity funds, shows that virtual underwriting has

Genstar Capital invests in Lightspeed Systems

Lightspeed Systems (Lightspeed), a specialist in learning safety and effectiveness, has secured a significant growth investment from Genstar Capital (Genstar). Genstar joins existing investor Madison Dearborn Partners (MDP), with the additional investment set to be used to help drive continued product innovation and position Lightspeed to accelerate its mission of

Sheridan Capital Partners completes majority recapitalisation of SpendMend

Sheridan Capital Partners (Sheridan) has completed the majority recapitalisation of SpendMend in partnership with management and Morgan Stanley Capital Partners (MSCP), the middle-market focused private equity team at Morgan Stanley Investment Management. Sheridan originally invested in SpendMend in January 2018 and enjoyed four successful years working closely with the founders.

British Patient Capital invests in Epsilogen through Future Fund: Breakthrough

British Patient Capital has invested in Epsilogen, a London-based developer of novel therapeutic antibodies to treat cancer, as part of a GBP30.75m Series B funding round. The investment has been made via Future Fund: Breakthrough, a GBP375 million programme where BPC co-invests with private sector investors in innovative, R&D-intensive UK

Ceros Financial Services arranges USD15m finance ping for Pristine Surgical

Ceros Capital Markets, the investment banking division of Ceros Financial Services, has completed a USD15 million Series D (Series A4) financing round for Pristine Surgical. Pristine Surgical will apply the funding toward commercialisation of its single-use visualisation platform developed for surgical and diagnostic endoscopic procedures.   Ceros focuses on fundraising

Elevation Securities makes senior hire in event driven team

Elevation Securities has hired Paul Young as Senior Managing Director, Senior Special Situations Analyst in the Special Situations Group. Young will be based in New York City and report to Ian Harris, Senior Managing Director and Head of Research, who leads the Event Driven team. Young joins Elevation Securities with

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