Allocations
FundedByMe has acquired 100 per cent of the shares of Laika Consulting AB, a financial communications agency, doubling its investment network to close to 250,000 members in the process.
“Laika is a particularly well-managed company that we have partnered with since 2012 and we have seen over the years that we have similar ambitions, visions and attitudes; namely to improve and change parts of the old inefficient financial world. In our company’s growth, we look at this acquisition as a very interesting step, and we estimate that the consolidation will be beneficial and feasible and lead to synergies that can
A Q&A with Greg Wojciechowski, President and CEO at Bermuda Stock Exchange (BSX)…
How would you summarise 2017 from a business growth perspective for BSX?
Strong global market conditions contributed to positive listing activity across most sectors of the BSX’s business. Listing activity was particularly strong in international debt and insurance linked securities (ILS), both of which reached record levels.
International debt listings grew to 167 securities, up 44 per cent from 116 the previous year with their nominal value growing from USD2.0 billion to USD4.6 billion.
New ILS listings totalled 103 securities for the year with a nominal value
There is a sense of optimism in Bermuda that the success it has enjoyed over the years in respect of the ILS industry can, over the coming years, be replicated in the cryptocurrency and blockchain arena.
ILS fund managers like the fact that Bermuda has a lot of professionals working on the ground, from legal to administration and auditing. This is particularly important under Solvency II, which places a big focus on substance and physical presence.
“This has been fantastic for the funds industry,” says Dawn Griffiths, Director and Head of Bermuda Funds Practice at Conyers Dill & Pearman, one
A Q&A with Brian Desmond, CSO and EVP Head of Fund Services at Horseshoe Group.
For readers unfamiliar with ILS Funds, can you give a brief summary of the asset class?
Insurance Linked Securities (ILS) are financial instruments sold to investors and whose value is affected by an insured loss event. Two examples of the financial instruments used are catastrophe bonds and collateralised reinsurance contracts.
The buyer of protection, or the entity that is transferring the insurance risk is called the cedent and the seller or writer of the protection could be an individual investor or a hedge fund. For investors in
Noerr has advised the Finnish laminates and packaging specialist Walki on the sale of the group to the private equity investor One Equity Partners.
The sellers are funds managed by CapMan Buyout, a division of the Nordic private equity company CapMan.
Walki is a manufacturer of technical laminates and packaging solutions. The group, which is headquartered in Finland, generated turnover of EUR318 million last year. In Germany Walki operates a facility in Steinfurt. The transaction is subject to regulatory approvals and will probably be completed in the third quarter of 2018.
Céréa Partenaire, an investment partner for agrobusiness companies, has held the first closing of Céréa Dette II with more than EUR300 million in commitments, after less than seven months of fundraising.
The fund’s subscribers are all institutional investors including insurance companies, pension funds, funds of funds and banks. Unigrains, sponsor of Céréa Partenaire, as well as all the original investors, have all invested in the new fund.
Launched in early 2015, the first generation of Céréa Dette surpassed its initial objective by more than 30 per cent securing EUR268m in commitments.
Following the same proven strategy, Céréa Dette
BlackRock is to acquire Tennenbaum Capital Partners, an investment manager focused on middle market performing credit and special situation credit opportunities.
The acquisition augments BlackRock’s position as a leading global credit asset manager and advances its goal of providing clients with a diverse range of alternative investment products and solutions to meet their evolving needs.
TCP complements BlackRock’s Global Credit business with seasoned investment talent and a strong long-term track record at a time when clients are increasingly turning to private credit as a higher-yielding alternative to traditional fixed income allocations. A key element of the transaction is the
Pioneer Square Labs (PSL) has launched PSL Ventures, a Seattle-based venture capital fund that invests in early-stage technology companies.
The USD80 million venture fund will invest in companies all over the Pacific Northwest region of the United States. The fund also will participate in financings of spinouts from PSL’s affiliated startup studio.
The fund’s limited partner group is comprised of charitable foundations, institutional investment firms, funds of funds, and world-renowned technology industry executives and founders. The fund was oversubscribed and closed at the top end of its target range.
PSL Ventures is led by four managing directors: Greg
GreenCom Networks has secured a funding round led by London and Sydney-based the Macdoch Group, with a participation from existing shareholders Munich Venture Partners and SET Ventures.
The funds will be used to further strengthen GreenCom’s position as an Energy Internet of Things (IoT) provider in the European energy market and beyond.
GreenCom is providing its Energy Information Brokerage Platform to utilities and energy service companies, including OEMs of energy-relevant devices. As a company, GreenCom combines unique strengths from a deep understanding of the future energy markets and its telco technology background with the experience of managing millions of
British companies are enjoying an unprecedented period of investment from US West Coast-based firms, with 74 deals contributing to a total value of GBP1.08 billion in 2017 – the first time Silicon Valley investment into the UK has broken the billion-pound mark.
That’s according to a new report from Penningtons Manches, ‘Golden Gate to Golden Triangle’, which finds that software companies take the lion’s share of this investment, benefiting from GBP2.2 billion in funds since 2011. The number of deals from Silicon Valley into UK firms has increased by 252 per cent over that period.
Many of these companies are
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
