FORWARD FEATURES CALENDAR

Intelligence

Dragoneer leads USD75m Series B funding round in Rho

Dragoneer has led a USD75 million Series B funding round in Rho, ​​a corporate spend and cash management company.  New investors including DFJ Growth, and existing investors including M13, Inspired Capital and Torch Capital also participated in the equity financing. Rho has grown 10x in under 12 months, driven by

Copley Equity Partners invests in Perkins Biomedical Services

Private equity firm Copley Equity Partners (Copley) has completed a full buyout of Perkins Biomedical Services (Perkins). Terms of the transaction have not been disclosed. Perkins will utilise Copley’s investment to assist in the company’s strategy to build a market-leading laboratory equipment service business. Perkins will serve as Copley’s platform

Breakout Ventures closes USD112.5m Fund II

Breakout Ventures has closed of its oversubscribed second fund with USD112.5 million in commitments. Fund II received strong support from existing limited partners including Dolby Family Ventures, Thiel Foundation, GRIDS Capital, S Cubed Capital and deep tech investors Chris & Crystal Sacca, Tony Fadell, Zack Bogue and Matt Ocko. 

Ascend Partners closes USD570m inaugural fund at hard cap

Ascend Partners (Ascend), a healthcare focused private equity partnership, has closed its inaugural fund, Ascend Capital Partners Fund I (Ascend Fund I) with total committed capital of USD570 million.  The Fund was oversubscribed and hit its hard cap.  Ascend Fund I’s Limited Partners include public and private pension funds, foundations,

Blackstone makes two new senior leadership hires in BAAM business

Blackstone has appointed David Ben-Ur and Atish Nigam to  senior leadership roles in the Blackstone Alternative Asset Management (BAAM) business.  Ben-Ur will be the Chief Investment Officer of BAAM’s hedge fund solutions business (BPS) and Atish will serve as the Chief Investment Officer of BAAM’s special situations investing business (BSOF).

Main Post Partners invests in GPS Dental

Main Post Partners, a private equity investment firm, has invested in Guided Practice Solutions (GPS Dental or GPS), a dental service organisation. Main Post is partnering with the founders and several partner-doctors in the transaction. Andy Graham, an executive with decades of DSO experience, will be joining the Board of

Garnett Station Partners invests in WOW Carwash

Garnett Station Partners, LLC (Garnett Station), a New York-based investment firm, has made a growth investment in Las Vegas carwash brand WOW Carwash (WOW), through its GSP 3.0 Fund, LP. GSP’s investment will be used to accelerate the growth of WOW Carwash, which was founded in 2015 by Todd Bender

Cassini Systems secures USD20.5m in growth funding round led by Ten Coves Capital

Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives market participants, has completed a USD20.5 million growth financing round led by Ten Coves Capital. Existing investor Mosaik Partners also participated in the round with the proceeds set to be used by Cassini to accelerate its

Bain Capital agrees EUR183m funding with Linus Digital Finance AG

Bain Capital Credit, LP (Bain Capital Credit), has agreed a funding line of up to EUR183 million for Linus Digital Finance AG (LINUS), a publicly listed real estate fintech business, as part of a broader strategic partnership.  The proceeds will be used to further accelerate LINUS’ financing operations in the

KCP appoints Investment Manager in London

Sandeep Banga has joined private equity house Key Capital Partners (KCP) as Investment Manager in its London office. A chartered accountant and experienced corporate finance adviser, Banga joins from HomeServe plc where he worked as Head of Corporate Development managing the company’s merger and acquisition strategy. Previously, he spent four

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