Allocations
In a challenging third quarter for equity investors both public and private, US private equity and venture capital funds each lost ground for the first time in several years, though the latter only fractionally.
Both bested public market equity returns, according to benchmarks published by Cambridge Associates LLC.
For the quarter ending September 30, 2015, the Cambridge Associates LLC US Private Equity Index returned -1.4 per cent. The Cambridge Associates LLC US Venture Capital Index posted a return of -0.4 per cent. Over the first three quarters of the year, the same indexes respectively gained 5.3 per cent and 11.3
The Italian corporate and financial law firm Gattai Minoli Agostinelli & Partners has advised CIR – Compagnie Industriali Riunite on its acquisition with F2i of a 46.7 per cent equity stake inItalian healthcare services group and CIR portfolio company KOS ffrom Ardian or EUR292 million.
CIR was assisted by a team composed by partners Bruno Gattai, Gerardo Gabrielli and senior associate Michele Ventura.
F2i was advised on the legal profiles by Studio Carbonetti e Associati with a team led by Massimo Tesei and composed by Alessandro Metrangolo, Rocco Santarelli and Carlo Mecella. Studio Pessi e Associati and Studio Sanino
Squire Patton Boggs has represented private equity firm MCI in its record EUR76 million exit from Invia/Travelplanet, the leading e-travel player in Central and Eastern Europe (CEE).
The cross-border team led by Warsaw Corporate partner Michal Karwacki advised the MCI.TechVentures Fund on the sale of 100 per cent shares in Invia/Travelplanet to Rockaway Capital. In the transaction, valuing Invia at EUR76 million, MCI sold its shares in the company for EUR56 million. It marks a record deal with the highest return on a single investment in the fund’s history.
MCI.TechVentures Fund is focused on growth technology investments in consumer
Real estate investor acquisition and management platform CrowdStreet has raised USD3.5 million in Series A funding. Rally Ventures led the round with participation from seed investors Green Visor Capital, Seven Peaks Ventures and Portland Seed Fund.
CrowdStreet is aiming to democratise access to commercial real estate investing with its integrated online investor marketplace and software as a service (SaaS)-based investor lifecycle management solution. The company will use the funds from the Series A round to drive further innovation in its products and core technology and to develop key partnerships while scaling its investment platform.
"CrowdStreet is taking a comprehensive approach
Anterra Capital has held the second close of its food and agriculture technology fund, raising the fund’s total capital to USD125 million, the largest venture capital fund of its kind in Europe.
Anterra also confirmed its international expansion from its headquarters in Amsterdam (Netherlands), with the opening of an office in Boston. This move makes Anterra the first independent food and agriculture fund with an international presence in the two most important regions for AgTech innovation – Europe and North America.
“The global food system needs innovative solutions, but building companies in the complex and conservative food sector can be
Venture Capital fund Flint Capital has bought an EUR1 million minority share in Creamfinance from an Angel investor, which coupled with its original investment in the firm two years ago, makes it CreamFinance’s largest institutional investor.
According to Andrew Gershfeld, partner at Flint Capital, the Venture Capital fund decided to follow the expansion of Creamfinance as it proved to be profitable and successful.
“We are happy to double bet on the Creamfinance team that we take as one of the most efficient on this market,” says Gershield. “This deal indicates our true confidence in the company's continuous progress and belief
Victory Park Capital (VPC), an investment firm focused on private middle market debt and equity investments, has provided a USD100 million senior secured credit facility to Wheels Financial Group, LLC (d/b/a “LoanMart”), an auto title lender.
The credit facility will help support the company’s growth and ability to provide under-banked consumers with affordable auto title loans.
“LoanMart is an established business with a proven track record in the auto title loan industry,” says Jason Brown, partner at VPC. “The management team brings decades of direct experience and has demonstrated a unique ability to evaluate consumer credit risk through economic
DIMONT, a provider of specialty insurance and loan administration solutions to the residential and commercial financial services industries, has secured an investment from Renovo Capital, a Dallas-based private equity fund.
In partnership with a veteran management team, Renovo Capital’s investment enables DIMONT to continue to grow and innovate, while benefitting from Renovo’s sector expertise. Renovo Capital also owns RealtyTrac and Homefacts.
“DIMONT is a strong, longstanding business in a dynamic and growing sector and we are excited to partner with Denis Brosnan and the management team to support the company’s continued efforts toward product innovation and service expansions,” says David
Investment funds managed by JW Childs Associates, have held the recent closing of an investment in a newly formed holding company, Comoto Holdings, dedicated to motorcycle enthusiasts, alongside the founders and equity holders of RevZilla Motorsports.
Comoto Holdings will have equity investments in both RevZilla and Cycle Gear, Inc, two of the nation’s leading retailers of apparel, accessories and parts for motorcycle enthusiasts. The financial terms of the transaction were not disclosed.
RevZilla and Cycle Gear will continue to operate as independent sister companies with headquarters in Philadelphia, PA and Benicia, CA, respectively. Joseph M. Fortunato, former CEO and Chairman
NimbeLink, a solutions integrator and systems provider for the Internet of Things (IoT) market, has secured USD2.5 million in funding from First Analysis, a private growth-equity investor.
The company will use the proceeds from the financing to capitalise on strong customer demand, to continue broadening its product suite, and to expand internationally to support its global client base.
“Putting the right components together to form Internet of Things Solutions is an inherently difficult task, and we have seen too many promising solutions delayed or abandoned due to these difficulties. NimbeLink eliminates this complexity with its highly-flexible hardware platform supported
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
