Allocations
Private equity investor Anchor Equity Partners and investment firm KKR are to acquire a controlling stake in South Korean mobile commerce company Ticket Monster (TMON) from Groupon.
Anchor and KKR, in conjunction with TMON’s management, will jointly acquire a controlling stake in TMON and will inject new capital into the company to help fund its future growth opportunities. Anchor and KKR will hold equal stakes in the company. Some of the world’s largest pension, sovereign wealth funds and institutional investors, including the Canada Pension Plan Investment Board and Pavilion Capital, will also be participating as investors in this transaction. Groupon, which
Middle East Venture Partners (MEVP) has held the first close of Middle East Venture Fund II (MEVF II) at USD15 million. The fund will invest in the region's tech and mobile businesses.
MEVFII is MEVP's fourth fund and succeeds its USD70 million Impact Fund that was launched last year for investments in Lebanon's ICT sector. The fund will aim to close in second quarter 2015 with US$30 million to invest. Middle East Venture Fund II is already operational and has approved four investments:
• YouGotAGift.com: The first of its kind online marketplace specialising in digital gift cards in the Middle
Peer-to-peer lender Assetz Capital has raised GBP3,179,750 from 731 investors through the Seedrs platform – the second largest campaign hosted by Seedrs to date.
This raise has cemented Seedrs’s position as “crowdfunder to the professionals”, and follows a number of other successful Seedrs fundraising campaigns.
LandBay, the P2P lending platform for buy-to-let property, raised GBP569,044 across several fundraising rounds through Seedrs in late 2013 and 2014. LandBay has since gone on to raise a venture capital round from Omni Partners.
Trillion Fund, a leading environmental and social crowdfunding platform, raised GBP536,800 through Seedrs in December 2014.
CrowdLords, a
WHEB Partners’ Growth Fund 2 and Dr Jan Verdenhalven have acquired 100 per cent of the shares of Dolan GmbH, Kelheim from Lenzing AG and 100% of the shares of European Carbon Fiber GmbH (ECF), Kelheim from Lenzing AG and Kelheim Fibers GmbH.
Dolan and ECF share production facilities in Kelheim and an experienced management team.
“The sale comprises part of Lenzing’s strategy to focus on its core business of man-made cellulose fibers. With WHEB Partners and Dr Jan Verdenhalven, Lenzing succeeded in finding financially strong, industry-oriented new owners in which both companies will be able to develop more effectively
Brabant Development Agency Capital (BOM Capital) has chosen Investran, SunGard’s integrated private equity solution, to help enhance data and investment transparency across front- and back-office stakeholders and processes.
BOM Capital invests risk capital in start-up, growing and innovative companies in Brabant through long-term equity capital and fund-to-fund investments. BOM Capital will use SunGard’s Investran accounting, deal flow, relationship management, data exchange, and analytics and reporting capabilities to help increase process and operational efficiencies across its finance, compliance, administration, and investment management teams.
“We were seeking a single system to provide data transparency of investments and processes across the portfolio lifecycle
A fund managed by Ares Management’s commercial finance platform is to acquire the asset-based lending portfolio of First Capital Holdings, a commercial finance company that provides asset-based loans and factoring to small and middle-market companies.
First Capital is a portfolio company of HIG Capital. The transaction is expected to close during the second quarter, subject to customary closing conditions. The fund intends to fund the acquisition with a combination of debt and equity.
With this transaction, the Ares Commercial Finance platform, which is part of the firm’s Direct Lending Group, will have approximately USD700 million of loan commitments. The Ares
Contego Medical has completed a USD5.6 million Series B financing round led by Hatteras Venture Partners, an early stage venture firm with a focus on medical devices, biopharmaceuticals, diagnostics and related opportunities in human medicine.
The round also included Mountain Group Partners, Lookout Capital and Medical Mutual.
"Contego Medical's portfolio of angioplasty balloons and stents embodying the Integrated Embolic Protection filter platform represents a breakthrough technology, which we believe will help endovascular interventionalists reduce the risk of stroke and other procedural complications," says Doug Reed MD, General Partner of Hatteras Venture Partners. Doug Reed will be joining Contego Medical as
Lateral Investment Management has formed a strategic partnership with The Leo Group, a New Jersey-based wealth management firm serving family offices, institutions and endowments.
As part of the partnership, Lateral will advise The Leo Group on a private debt portfolio of USD55 million. Lateral’s principals, Kenneth Masters and Richard de Silva, will act as co-portfolio managers of the portfolio.
“Lateral delivers a high-yield private debt product which is differentiated in today’s low-rate environment,” says Matthew Allain, CEO of Leo Group, which has reported assets under management of USD1.3 billion. “Lateral’s principals have a great track record of creating value for
Bamboo Finance has held the first close at USD31 million of its second financial inclusion focused fund with investments from Teachers Insurance and Annuity Association of America (TIAA-CREF) and AXA-IM.
The Bamboo Financial Inclusion Fund II will make equity investments in the capital of banks and financial services companies targeting microenterprises, SMEs, the low and lower middle income segments as well as mobile money operators, correspondent banking businesses in growth markets where there remains significant exclusion from formal financial services globally in Africa, the Middle East, Asia and Latin America.
Over the last seven years Bamboo Finance has built one
Ogier Jersey has acted as Jersey legal adviser for Intermediate Capital Group on the establishment of its tenth Jersey fund, ICG Europe Fund VI, which has held its first close having raised EUR2.5 billion to date.
This includes a contribution from ICG’s balance sheet of EUR500 million, along with EUR2 billion of third party subscriptions. Further closes are anticipated in the coming months, towards the EUR3 billion hard cap. The predecessor fund, ICG European Fund V, was closed in December 2012 at its hard cap of EUR2.5 billion, also including a subscription of EUR500 million from ICG’s balance sheet.
Niamh
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
