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Intelligence

INDOS Financial expands services with Specialised Depositary licence in Ireland

INDOS Financial (Ireland) Depositary Limited, a JTC Group company, has received regulatory approval from the Central Bank of Ireland to provide depositary services to private equity, real estate and other alternative investment funds under Regulation 22(3)(b) of Ireland’s AIFM Regulations. The approval builds upon INDOS’ alternative investment fund depositary offering

Blackstone appoints Senior Managing Director, Strategic Relationships

Blackstone has appointed Emily Yoder as Senior Managing Director, Strategic Relationship Management.  She will serve as a primary interface with Blackstone’s banking and other financial services partners. In this newly created role, Yoder will be responsible for delivering a firm-wide approach to relationship management. Vik Sawhney, Chief Administrative Officer and

Insurtech Tensorflight secures Series A funding

Tensorflight, an artificial intelligence and imaging-based insurtech, has announced a Series A funding round to accelerate market penetration and product optimisation across the multi-billion-dollar property insurance data analytics market.  The investment was led by QBE Ventures and includes new investors Tareyton Venture Partners and ff Venture Capital Poland. Participating prior

SWEN Capital Partners’ Blue Ocean impact fund makes first investment in OptoScale

Norwegian start-up OptoScale has raised EUR4.1 million in a financing round led by SWEN Capital Partners, a specialist in unlisted sustainable investment, with additional participation from the Norwegian fund Skagerak Maturo. OptoScale’s ambition is to use data to improve the real-time monitoring of fish farms and the sustainability of farming

Sole Source Capital raises USD555m for second fund

Sole Source Capital (SSC), an industrial-focused private equity firm, has held the final closing of its second fund, SSC Partners II (Fund II), with aggregate total commitments of USD555 million.  Fund II was significantly oversubscribed with an initial target of USD400 million and reached its hard cap. With the closing

Rickitt Mitchell advises Xupes on new JV with Chrono24

Corporate finance boutique Rickitt Mitchell has acted as advisor to certified pre-owned watch specialist Xupes on its strategic partnership with MPN Marketplace Networks.  The group owns digital marketplace Chrono24, the German pre-owned watch firm Zeitauktion and online watch magazine Fratello.   Founded in 2009, Xupes facilitates the buying, selling or

Apex appoints Head of Loan Agency

Apex Group has appointed Declan Byrne to the newly created role of Head of Loan Agency, Corporate Solutions.  In this role, Byrne , who is based in Dublin and reports to Michael Carroll, Head of Corporate Services, Ireland, will oversee the continued development and growth of the Group’s Loan Agency

ORIX Corporation USA appoints Head of Investor Solutions for Asset Management

ORIX Corporation USA (ORIX USA) has appointed Jordan Robinson as Managing Director and Head of Investor Solutions within its asset management business.  Robinson joins the firm from Fairview Capital Group, where he was Senior Partner, Global Syndication and LP Communications. He reports to Charlie Gilroy, Chief Operating Officer of ORIX

Ohi secures USD19m in Series A funding round

Ohi, an instant commerce platform that enables brands to meet their customers’ expectations of superfast delivery in under two hours, has completed a USD19 million Series A funding round.  Ohi will use the funds to expand its US operations to enable near-instant delivery of everything from CPG products to luxury

One Equity Partners exits investment in PS Logistics

One Equity Partners (OEP), a middle market private equity firm, has exited its investment in PS Logistics, flatbed transportation and full-service logistics provider in the United States.  Financial terms of the private transaction have not been disclosed. Founded in 2004 and headquartered in Birmingham, Alabama, PS Logistics provides nationwide freight

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