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LDC-backed Kerv acquires Gyrocom

Kerv, a cloud and digital transformation services provider, has acquired Gyrocom, a network and security integrator with a specialisation in SD-WAN.  In addition to SD-WAN, Kerv’s strategic acquisition brings skills in managed networks and network security, including Secure Access Service Edge (SASE), the rapidly emerging cybersecurity solution. Gyrocom will operate

Japanese bank chooses Delio to power expanded private markets offering

Delio has been selected by Sumitomo Mitsui Trust Bank (SMTB) as the provider of a new digital platform that will accelerate the promotion and distribution of private market investment opportunities to the bank’s high-net-worth (HNW) and institutional clients.  The platform launch marks the start of a strategic partnership between Delio

NRI acquires Core BTS from Tailwind Capital

Core BTS, a technology consulting and managed services provider, today entered into a definitive agreement to be acquired by Nomura Research Institute. Nomura Research Institute (NRI), a Japanese research and consulting firm, is to acquire technology consulting and managed services provider Core VTS from Tailwind Capital.   NRI was established in

New ESG tech platform Novata closes USD21m Series A round

Novata, a new technology platform and public benefit corporation that provides the private markets with a cutting-edge Environmental, Social and Corporate Governance (ESG) solution, has announced a Series A investment round of USD21 million.  The investment represents one of the largest initial funding rounds for a public benefit corporation.  Principal

Insurity secures growth investment from TA Associates

Insurity, a provider of cloud-based software for property and casualty (P&C) carriers, brokers, and MGAs has secured  a strategic growth investment from global growth private equity firm TA Associates.  TA, along with Insurity’s current investor GI Partners, plan to further accelerate Insurity’s growth and expand the delivery of the P&C

EQT to acquire LSP

EQT is to acquire LSP (Life Sciences Partners), a European life sciences venture capital firm with approximately EUR2.2 billion of assets under management (AUM) and a team of 34 professionals. LSP, headquartered in Amsterdam, the Netherlands, is a venture capital firm that invests in innovative companies with strong scientific and

Alter Domus and Canoe Intelligence partner to deliver automation and accuracy to alternative data management

Alter Domus, a provider of integrated solutions for the alternative investment industry with USD1.3 trillion in global AUA, and Canoe Intelligence (Canoe), a financial technology company redefining data management processes for alternative investors and allocators, have formed a strategic partnership to provide clients with alternative data management solutions that combine

Renaissance secures significant growth investment from Blackstone

Renaissance (Renaissance), a specialist in pre-K–12 educational technology, has secured a significant equity investment from private equity funds managed by Blackstone alongside existing investors including Francisco Partners and TPG’s The Rise Fund.  Francisco Partners, a leading global investment firm that specialiaes in partnering with technology businesses, acquired the Company in

DTCC punching platform to digitise and modernise private markets

The Depository Trust & Clearing Corporation (DTCC) is launching a new platform to streamline the issuance, transfer and servicing of private market securities.  As described in a new industry report, “Digital Securities Management: Bringing Private Markets Infrastructure Into the 21st Century,” DTCC’s new Digital Securities Management (DSM) platform will, subject

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