Allocations
Gloo Networks plc, a technology company established to acquire and operate companies in the media sector, is seeking admission of its shares to trading on AIM.
The Company, which is led by digital transformation experts Rebecca Miskin, Chief Executive Officer (pictured), and Juan Lopez-Valcarcel, Chief Product and Operations Officer, intends to acquire and operate trusted consumer brands in the media sector, with an enterprise value in the range of GBP250 million to GBP1 billion.
Gloo is seeking to benefit from the changing relationship between consumer brands, media owners and the advertising industry; this relationship continues to experience structural change,
Expensify has launched Expensify Ventures, a new, strategic investment fund for early-stage startups in the growing financial technology sector.
“Everyday, we meet with entrepreneurs and companies that have awesome ideas when it comes to solving some of the corporate world’s biggest pain points, and making life easier for both employees and employers,” says David Barrett (pictured), founder and CEO of Expensify. “We raised a USD17.5M round led by OpenView Venture Partners to enable us to think bigger and act bolder in dominating our marketspace, and ventures is the first of those initiatives. From receipt capture to expense management and even
The Sterling Group, a middle market private equity firm based in Houston, Texas, has closed on USD1.25 billion in investor commitments for its most recent fund, Sterling Group Partners IV.
Fund IV was oversubscribed and reached its hard cap in three months. Consistent with Sterling's successful 33-year history, Fund IV primarily will target corporate carve-outs and family businesses in the industrial sector of the middle market.
The substantial majority of Fund IV's capital was committed by returning investors. Sterling welcomes a select number of new investors.
"The Sterling team is pleased by the significant demand for Fund IV
Hedge funds are on track to deliver solid returns in July, up 1.4 per cent month to date (0.4 per cent last week). In line with our overweight recommendation, CTAs and Global Macro managers outperformed other hedge fund strategies. Meanwhile, Event-Driven managers underperformed both last week and on a month-to-date basis, in line with our downgrade of the strategy from overweight to neutral early June.
The ‘flowers through the letterbox’ gifting companyBloom & Wild has has raised a GBP2.5m Series A funding round, led by MMC Ventures, alongside existing angel investors including Samos, Catamaran Ventures and Scott Sage.
Launched in 2013 by Aron Gelbard and Ben Stanway, Bloom & Wild have developed a unique flower brand, centred around award-winning letterbox packaging to enable a bouquet of freshly cut and beautifully presented flowers to be delivered through any standard letterbox. Based in South-West London, the team now deliver thousands of flower bouquets around the whole of the UK every week, including the option of monthly subscription
GSR Capital is launching a new USD5 billion mergers and acquisitions (M&A) fund, which will target cross-border buyouts and M&A of industrial and emerging technology companies with multi-billion dollar scaling opportunities in China.
The GSR Global M&A fund is anchored with USD1billion committed from GSR GO Scale Capital Limited Partners and institutional investors. The fund will be managed by GSR GO Scale Capital Advisor Ltd., the management company of the GSR GO Scale Capital Growth Fund, and intends to work closely with Good Resources Holdings Limited (HKEX: 00109) on management of all M&A deals with leverage of financial instruments, including
The latest hedge fund launch data is analysed in this extract from the Preqin Quarterly Update: Hedge Funds, Q2 2015, which looks at the structure, location, investment focus and strategy of hedge funds launched in the second quarter.
Single-manager hedge funds dominated launch activity over the quarter, accounting for 79 per cent of the 116 hedge fund launches added to Preqin’s Hedge Fund Analyst in Q2 2015 (Fig 1). Alternative mutual fund structures saw a decline in terms of their prominence in fund launches, from representing 13 per cent of fund launches in Q1 2015 to just 3 per
The Northleaf Venture Catalyst Fund (NVCF) has held its final closing achieving its maximum fund size of USD300 million.
The Fund's final closing included new commitments from Sun Life Financial and a number of high net worth and family office investors, as well as additional commitments from existing NVCF investors. As part of Northleaf’s broader global private markets investment business, the successful closing of NVCF brings Northleaf’s total capital commitments to approximately USD6.9 billion.
”Northleaf Venture Catalyst Fund is the first fund under the Federal Government’s Venture Capital Action Plan to reach its maximum fund size – and we are
Following-up on its first closing held in January at EUR160 million, BlackFin Capital Partners is on track to reach its “hard- cap” amount of EUR400 million before the end of 2015.
Current commitments stand at an aggregate amount in excess of EUR300 million, both from investors in BlackFin’s first fund, such as Bpifrance (French Investment Public Bank) and Unigestion, but also from new institutional relationships such as the European Investment Fund.
Laurent Bouyoux, Managing Partner of BlackFin Capital Partners, says: “We are proud to have achieved such a high level of interest for our second fund. This strong support
Anthem is to acquire all outstanding shares of Cigna in a cash and stock transaction. Cigna shareholders will receive USD103.40 in cash and 0.5152 Anthem common shares for each Cigna common share.
The total per share consideration equates to approximately USD188.00 for each Cigna share based on Anthem's closing share price on May 28, 2015, valuing the transaction at USD54.2 billion on an enterprise basis.
The combined company will be an industry leader with enhanced diversification and capabilities to advance the transformation of health care delivery for consumers. Following the transaction, Anthem will have more than USD115 billion in pro
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
