Allocations
Ares Capital Corporation and Varagon Capital Partners are establishing a new joint venture that will make senior secured loans to middle-market companies.
The new joint venture will be called the Senior Direct Lending Program (SDLP). The SDLP will work to follow on with the success that Ares Capital enjoyed with its previous senior loan joint venture, the Senior Secured Loan Program (SSLP), with GE Capital.
“As a long-term investor, AIG is attracted to the strong investment fundamentals of middle-market credit. Varagon’s new relationship with Ares Capital and our partnership with Varagon will provide AIG with direct access to the best
Markit has launched an Alternative Investment Fund Managers Directive (AIFMD) external valuer service providing independent valuations for alternative investment fund managers.
Markit’s aim is to help customers address the statutory and policy requirements of fund managers, regulators and investors for independent calculation of prices used in determining net asset valuations.
Massimo Catizone, chief executive officer, Athena Capital, says: “We were looking for a cost effective external valuer service which meets AIFMD requirements and allows us to focus on the management of our fund. We are pleased with the support and quality of the services provided by Markit in each
Djenee, a start up focused on a personal on-demand digital concierge service, has raised almost SGD500,000 on the first day of a crowdfunding campaign on FundedByMe, setting a new record for equity crowdfunding in Asia.
Investor interest in Djenee (pronounced Genie)Dcomes hot on the heels of Magic, a similar service based in the US, which recently raised money at a US$40million valuation just after six months of operations.
“We’re extremely excited about partnering with Djenee to raise their very first round of funding, which broke records for Asia and with investors from all around the world. This is a
Polaris Private Equity has acquired TRIAX, a provider of solutions for the reception and distribution of TV, radio and internet, from Nielsen & Nielsen Holding.
TRIAX’ products and solutions are used by broadcasters, cable operators, local networks and private households.
Through its newly established fund, Polaris IV, Polaris has signed a definitive agreement, subject to customary regulatory requirements and approvals, to acquire all outstanding shares of TRIAX. With more than 60 years of experience within the industry, TRIAX is widely associated with high-quality products, durability and a high level of customer service. With its headquarters in Denmark, as well as
ClusterSeven, a provider of solutions to manage corporate spreadsheets and other end-user computing (EUC), has secured new finance from private equity firm Azini Capital Partners (Azini).
Azini has acquired 100 per cent of ClusterSeven and will be providing additional investment to promote high quality and wider customer engagement.
Surveys by auditors and analysts repeatedly show that over 70 per cent of businesses are dependent on spreadsheets to deliver key financial information. ClusterSeven was founded to help businesses cope with this dependence. Its unique technology allows financial institutions and businesses to validate, analyse and control the use of business-critical spreadsheets
Convene, a network of urban meeting centres and integrated workplace amenity services, has raised USD15.5 million of equity in a Series B financing.
The financing will set the stage for the company's continued expansion in New York City and the Mid-Atlantic region and introduce expanded workplace service offerings.
This latest funding round represents the largest capital raise for Convene to date, and was led by Conversion Venture Capital, a new investor, along with Boathouse Capital, an existing investor, which also participated in the current round. Convene's existing lender group led by OFS Capital Corporation extended the duration of its existing
Dedicated real estate secondaries vehicles that have successfully raised capital are concentrated among just a few established managers, more so than with private equity secondaries vehicles. Between 2003 and May 2015, a total of 21 real estate secondaries funds attained a final close, securing an aggregate USD10.1 billion; almost two-thirds of this capital was secured by just five managers.
Read the full factsheet here, containing more analysis alongside charts and tables featuring the latest Preqin data.
Constitution Capital Partners has raised USD823 million in private equity commitments with the final close of the Ironsides III Private Equity Partnership/Co-Investment Funds and related segregated mandates.
As with its predecessor fund, Ironsides III will focus on investments in primary funds with USD200 million to USD1.5 billion in commitments and direct co-investments with enterprise values between USD100 million and USD1 billion. To date, Ironsides III has completed seven direct co-investments and three fund investments.
“We are very pleased to complete this fund raise, which marks another milestone in the evolution of Constitution Capital Partners,” says Daniel M Cahill, Managing Partner,
Milestone Pharmaceuticals, a clinical stage cardiovascular company in Phase 2, has closed a USD17 million Series B financing.
The round was led by Domain Associates and included participation from all of Milestone's existing investors including Fonds de solidarité FTQ (FSTQ), Pappas Ventures, BDC Capital, GO Capital, and iNovia Capital. The funding will be used to complete Phase 2 clinical development of MSP-2017. In connection with this financing, Domain's Debra Liebert will join Milestone's board of directors.
"We are excited to have a premier life sciences investor such as Domain join Milestone," says Philippe Douville, Chief Executive Officer of Milestone. "We've
SunEdison has completed a USD335 million private placement of membership interests in TerraForm Global, an indirect subsidiary of SunEdison formed to own and operate contracted clean power generation assets in emerging markets.
Additionally, TerraForm Global, an indirect subsidiary of SunEdison, entered into a stock purchase agreement for the sale of USD67.5 million of its Class A common stock in a private placement, conditioned upon the closing of its initial public offering. The private placements were entered into with institutional investors, including Baron Funds, Capricorn Investment Group, GE, Glenview Capital Management, Kingdon Capital Management and Zimmer Partners. These investments are in
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
