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Intelligence

Crypto Asset Management firm Babel Finance leads USD2m seed round for Custonomy

Custonomy, a digital asset custody service firm, has completed a seed round of USD2 million led by Crypto Asset Management Firm Babel Finance, prominent worldwide crypto financial services provider, led the seed funding round. Custonomy’s next phase of expansion will be fuelled by the seed money with the funds set

AXA IM Alts raises record cEUR18 billion of capital in 2021

AXA IM Alts, a specialist in alternative investments with cEUR183 billion of assets under management, raised a record EUR18.2 billion of capital in 2021, including EUR10.2 billion of third party commitments. The capital was raised from AXA IM Alts’ increasingly globalised client base, with 50 per cent of third party

ARX acquires Klient Group

ARX Equity Partners (ARX), a Central European lower-mid market private equity specialist, has completed the majority acquisition of Hungarian professional services company Klient Holding Kft, which is part of the WTS global network. Klient Group was originally founded in 1998 by Gyorgy Korosi and Zoltan Lambert, as an outsourcing accounting

Ansaar Management Company (AMC) closes seed funding round Led by by Insitor Partners

Ansaar Management Company (AMC), a housing developer in Pakistan, has close a seed funding round led by leading impact investor Insitor Partners. The new funding will support AMC in delivering over 1,300 homes and residential plots, transforming the affordable housing landscape in Pakistan. The funds raised will support the company’s

Hedge and PE funds lawyer joins Carey Olsen’s Singapore team

Carey Olsen has added to its investment funds offering in Singapore with the addition of investment funds specialist Tom Katsaros. Katsaros, who specialises in the establishment, structuring and maintenance of private equity funds and hedge funds, joins Carey Olsen after 14 years at Maples where he was most recently head

Behrman Capital closes USD500m continuation fund for Micross Components

Behrman Capital, a private equity investment firm based in New York, has closed Behrman Capital Micross CF LP, a new single asset continuation fund of approximately USD500 million in connection with the sale of its portfolio company Micross Components (Micross or the Company), by Behrman Capital VI LP (Fund VI)

Speedcast sucessfully closes USD350m debt financing

Speedcast, a communications and IT services provider, has successfully closed on a new USD350 million USD Credit Facility. PSP Investments Credit USA LLC (PSP Investments) led the transaction, which was comprised of a USD300 million Term Loan B and a USD50 million Priority Revolving Credit Facility, both of which were

Riskonnect acquires Sword GRC

Riskonnect, the leader in integrated risk management (IRM) solutions, has acquired Sword GRC, a UK-based software company that specialises in project and enterprise risk management solutions, from Sword Group. The acquisition advances Riskonnect’s IRM approach by incorporating project risk into its platform and enabling customers to bring all aspects of

DoveVivo invests in the Altido Group

DoveVivo, the largest co-living company in Europe, has acquired ALTIDO, one of the largest short-term property management groups in Europe. The transaction, which involves the reinvestment of capital by ALTIDO’s management team in DoveVivo, leads to the creation of the largest residential management platform in Europe with more than 2,500

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