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Announcement

Equivito partners with Ablrate to create blockchain private debt trading platform

Equitivo is partnering with Ablrate, a specialist asset backed lending marketplace, to accelerate its growth, launch a new integrated broker platform, expand its marketing and develop new products. The consultancy work will also assist in Ablrate’s progress of ASMX, a blockchain enabled secondary market which connects multiple platforms and investors

Intertrust positions fund services team in the Channel Islands

Intertrust has repositioned its two specialist fund service offering in the Channel Islands with a new unified team now servicing both private equity and real estate. Michael Johnson, Head of Funds in the Channel Islands, now oversees both Intertrust’s private equity and real estate businesses. He will lead a team

Picture of a handshake

Maples Group expands Cayman Islands Regulatory & Compliance practice

The Maples Group has appointed Hugo Lodge as a partner in its Regulatory & Compliance legal practice.   Lodge joins the Group’s Cayman Islands office from the UK Financial Conduct Authority, where he led the new team responsible for the oversight of AML supervision in the UK legal sector, prior

IHS Markit brings ESG reporting to private capital markets

IHS Markit, a specialist in critical information, analytics and solutions, has launched an environmental, social and governance (ESG) data collection and reporting solution for private equity (PE) firms, venture capital (VC) firms, their portfolio companies and investors.   The solution is part of iLEVEL, a sophisticated platform connecting participants in

CityBlock Capital selects SharesPost to launch digital security token

CityBlock Capital is to conduct its initial digital security token sale on the SharesPost platform. CityBlock has also selected the platform to provide secondary liquidity for its tokens. CityBlock’s NYCQ Blockchain Infrastructure Fund is a venture capital fund exclusively devoted to investing in companies building blockchain based capital markets infrastructure.

Jonathan Saxton, Optima Partners

Smaller investment firms face challenges in compliance management

Small to mid-sized investment firms continue to face significant challenges in operating compliance programs that are needed to meet intense regulatory scrutiny, according to Optima Partners, a leading global financial regulatory compliance firm. In an ever-changing regulatory environment, investment firms are forced to commit more resources, in order to keep

Baffin Bay Networks expands into the US with acquisition of Loryka

Baffin Bay Networks, a cloud-native cyber security specialist, has acquired US data security business Loryka, which focuses on botnet and IoT research. Baffin Bay Networks, its team hailing from major US security enterprises and Nordic banks, launched its cloud-based threat prevention service in 2017. This acquisition is the latest milestone following

Announcement

CloseCross raises USD3m

CloseCross, a multi-party, decentralised derivatives trading platform in beta, has opened its investment round with USD3 million backed by Amnis Ventures, a privately owned venture fund based in Houston, Texas. The investment puts CloseCross at a post-money valuation of USD60 million.   CloseCross is committed to a disruption of the

Money changing hands

Bipsync secures USD7m growth investment led by Edison Partners

Bipsync, a research platform provider for investment management firms, has secured USD7 million in a growth investment round led by Edison Partners. FINTOP Capital also participated in the round.   Proceeds will be used to expand Bipsync’s global footprint and accelerate product innovation, customer success initiatives, and sales and marketing

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