Allocations
Reelio, an influencer marketing platform that connects global brands with today’s hottest digital stars, has raised USD5 million in Series A funding.
The round was led by a global syndicate of investors in strategically important markets, adding global breadth to the industry depth represented by Reelio’s existing investors (which include e.ventures; the venture capital firms of Philipp Schindler, Lorne Michaels, Tremor Video founders Jason Glickman and Andrew Reis, former Sony Music President and Bertelsmann executive board member Thomas Hesse; and senior executives from Apple, Google, Goldman Sachs, BBDO and others).
The influencer marketing industry has gained considerable steam in the
This extract from the Preqin Investor Outlook: Alternative Assets, H2 2015 features data gathered in our latest investor interviews (conducted June 2015) and focuses on hedge fund investors’ plans for the coming year.
A larger proportion of investors plan to invest less capital in hedge funds over the next year than are planning to invest more capital in the asset class (Fig 1). The failure of hedge funds to meet investors’ expectations, in terms of performance, over the past 12 months may have contributed to the reluctance of many investors to put more money to work in the asset class in the year to
Talem Africa (Talem) has bought 100 per cent of the shares of Silver Food, the largest fish canning facility in Morocco, and its two wholly-owned subsidiaries SOPCODA and Silver Fishing.
The three companies were part of Anouar Invest, a Moroccan family-owned conglomerate.
Founded in 2004 and based in Casablanca, Morocco, Silver Food is an industry leader producing and selling canned tuna, mackerel and sardines, under three brands – Mario, Silver and Atlanta. Half of its sales are within the Moroccan market, with the other half set for export to other parts of Africa, the Middle East, Europe and the United
Wakefield headquartered Prism Medical, a manufacturer and provider of specialist mobility and handling equipment, has completed the acquisition of Smirthwaite Limited for an undisclosed sum.
The deal with Smirthwaite represents the fourth acquisition completed by Prism Medical since the GBP30million MBO supported by LDC in April 2014. During LDC’s tenure, Prism Medical's staff numbers have grown by 130 people as a result of acquisitive and organic growth, with the business now employing a total of 430 people.
Prism Medical is the market leader in the provision of moving & handling solutions that enable the mobility disadvantaged to live at home
Following an initial announcement in July, JTC has formally completed its acquisition of Kleinwort Benson’s Fund Administration business, taking the company’s global headcount to over 450 staff.
Completion follows receipt of approvals from the relevant regulatory authorities and sees JTC add to its existing operations in the Channel Islands, as well as giving the company its first permanent presence in South Africa. The deal also brings JTC’s total Assets under Administration (AuA) to USD56 billion and bolsters its specific strengths in private equity, real estate and debt funds.
Nigel Le Quesne (pictured), Group CEO & Chairman, says: “The conclusion of
Markit, a provider of financial information services, is to acquire DealHub, a provider of trade processing and trading services to the foreign exchange market.
The acquisition will enable Markit to offer customers a comprehensive solution for FX across venue connectivity, trading services, trade confirmation and management, clearing and regulatory reporting. It will also expand Markit’s customer base among banks, brokers and asset managers in the FX markets.
Brad Levy (pictured), managing director and head of Markit’s Processing division, says: “DealHub is a great company and highly complementary to Markit’s growing FX processing business. This acquisition adds depth to our FX
Stearns Holdings, LLC, parent company of Stearns Lending, LLC, a leading national mortgage lender with wholesale, retail, correspondent, and strategic alliance business channels, announced today that
Funds managed by the private equity group of Blackstone are to acquire a majority stake in Stearns Holdings, parent company of Stearns Lending, a mortgage lender with wholesale, retail, correspondent, and strategic alliance business channels,the company.
This partnership with Blackstone will provide Stearns with the necessary resources to accelerate its growth and fuel its efforts to capture even greater market share. Founder Glenn Stearns will retain a significant ownership stake.
“I am extremely excited
Morgenthaler Private Equity (MPE) has recapitalised Polytek Development Corp, a manufacturer of liquid mould rubbers and casting plastics.
Customers use Polytek's proprietary chemicals to create flexible molds in order to reproduce highly-detailed, complex objects in a variety of industrial and consumer applications, including concrete casting, special effects, tooling, sculpture, and prototyping.
MPE partnered in the transaction with existing shareholders and the senior management team, including retiring President David Salisbury, who will assume the role of Chairman of the Board of Directors.
Joe Machado (pictured), Partner at MPE, says: ”We are excited to partner with Polytek and support the
Private equity firm Wellspring Capital Management has created a new flexible packaging company through the merger of portfolio companies Prolamina Corporation and newly acquired Ampac Holdings.
Financial terms have not been disclosed.
The combined company, which will be headquartered in Cincinnati, Ohio, will have a strategic geographical footprint and enhanced product offering unparalleled in the industry. Ampac's range of adhesive lamination, rotogravure printing capabilities and innovative packaging solutions is highly complementary to Prolamina's cost advantageous extrusion lamination and flexographic printing technology.
John E Morningstar, a Managing Partner of Wellspring who leads the firm's activities in the packaging sector,
11health has completed a new round of funding, raising a total of GBP775,000 from six angel investors, on top of the initial funding round of GBP500,000. This brings the total funding to over GBP1.25 million.
This round of funding enables the business to extend the management team and more effectively pursue an aggressive sales and marketing strategy in the UK and the US. It will also further establish the award-winning Ostom-i Alert as the leading medical device for bowel disease patients and develop other connected device products across the healthcare marketplace.
To support the growth strategy, 11health has appointed
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
