Allocations
DMS Offshore Investment Services Ltd and White Oak Global Advisors have launched of an Alternative Investment Fund (AIF) hosted on the DMS Irish platform.
White Oak has engaged the DMS AIF platform, which is regulated by the Central Bank of Ireland as an AIFM in Ireland, and by the CSSF in Luxembourg, to access its European investors, taking advantage of the firm's established track record in fund governance and expertise in independent risk management in Europe.
Since the enactment of the Alternative Investment Fund Managers Directive (AIFMD) in 2013, DMS has developed this proprietary AIF Platform to provide investment managers
Hamburg-based shipping company Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft is to buy the container line operations of Chilean shipping line Compañía Chilena de Navegación Interoceánica (CCNI), Valparaiso.
The relevant contracts were signed last weekend. As part of the transaction, Hamburg Süd is also acquiring the agency business of Chilean firm Agunsa Agencias Universales S.A. (Agunsa), which is integral to the container line service.
The CCNI / Agunsa operations are scheduled to be transferred at the end of March 2015, subject to approval from the competition authorities.
A team from CMS in Germany led by Dr Christian von Lenthe (lead partner) and Dr Arne
2014 was one of business angel syndicate Archangels’ most active years for investment in Scottish-based early stage and established technology and life sciences businesses and provided strong levels of returns for investors.
Archangels arranged funding of GBP12.2m for 14 companies, comprising GBP7.5m of investment from Archangels’ investors, with a further GBP3.5m of co-investment from Scottish Enterprise and GBP1.2m from other partners. Archangels’ annual gathering of investors and invested companies will hear that the biggest single investment was GBP2.5m in Scottish bionic prosthetic upper limb producer, Touch Bionics, in May last year.
In 2014, Archangels also invested GBP100,000 in Cytomos,
DriverUp, the first online marketplace for automotive financing, has launched giving accredited investors an opportunity to directly enter the USD379 billion auto lending industry.
DriverUp is the exclusive brand of Sierra Auto Finance, an auto finance company launched with USD50 million Series A financing, led by Emerald Development Managers and RRE Ventures.
The DriverUp platform uses technology to fundamentally improve how loans are secured and serviced by creating a direct-to-investor option that until now has not existed within the auto-lending industry. Through DriverUp's proprietary software and advanced data analytics, the marketplace enables efficient processing and direct investment in auto loans,
Property Innovation Labs (Pi Labs), Europe's first property-focused accelerator, has announced its inaugural intake of start-up companies and the launch of a crowdfunding campaign.
Pi Labs was created in October 2014 through a strategic partnership between global real estate adviser Cushman & Wakefield and venture capitalists Spire Ventures.
Entrepreneur Faisal Butt, founder of Pi Labs, will lead the three-month bi-annual programme which will provide funding, mentors and office space for the most exciting new wave of ‘proptech’ start-ups at the iconic Second Home, situated in the heart of east London’s ‘Tech City’.
Five start-ups have joined the first accelerator programme
ContaAzul, a provider of SaaS accounting and invoicing solutions to SMBs in Brazil has raised a Series C round of financing led by existing investor venture capital firm Ribbit Capital.
Tiger Global Management also participated along with existing investors 500 Startups, Monashees Capital and Valar Ventures.
ContaAzul will use the funding to develop a new specialised platform catered for Brazilian accounting firms, which will allow customers to achieve greater integration and more productive interactions with their customers. The Company also plans to use the new capital to further develop its accounting and invoicing platform, improving integration between our customers and
Automated investing service Betterment has closed a USD60 million round of growth funding led by private equity firm Francisco Partners.
Previous investors Bessemer Venture Partners, Menlo Ventures, and Northwestern Mutual Capital alos particpated.
“Our growth has continued to accelerate,” says Jon Stein, Betterment Founder and CEO. “More people are becoming Betterment customers every day, and our existing customers continue to invest more with us. This new capital will allow us to grow even faster and increase the development of new products that will continue to reinvent investing around what customers want: a seamless, personalised experience that is aligned with their
PetroCap has held the final closing of PetroCap Partners II at its hard cap of USD350 million, The fund is more than double the size of its predecessor fund, Falcon E&P Opportunities Fund, which closed on USD163 million in 2011.
PetroCap Partners II allows PetroCap to continue its 23-year history of direct oil and gas working interest investments.
“We are pleased to have completed the successful fund raise of PetroCap Partners II,” says Lane Britain, a Managing Director at PetroCap. “We are appreciative of the ongoing support of our past investors and welcome our new investors. We are thankful for
Cathay Capital Private Equity has made a put option to the aufeminin group for the acquisition of Smart AdServer, which would subsequently become independent.
With the support of Cathay Capital, Smart AdServer intends to strongly accelerate its development to become a leading advertising platform. This investment would be made by the Cathay Capital II and the Sino-French Fund for SMEs, two investment vehicles dedicated to accelerating the international growth of midcap companies.
Since 2001, Smart AdServer has developed and marketed an integrated advertising management platform, with strong positioning in Europe and significant market share in North and South America.
NXP Semiconductors and China state-owned investment company JianGuang Asset Management Co are to establish a joint venture (JV) in China that will focus on the semiconductor market.
The JV is intended to combine NXP's advanced technology from its Bipolar Power business line with JAC Capital's strong connections in the Chinese manufacturing network and distribution channels to lower manufacturing costs and boost profit margins of high end electronic products in China. The transaction is subject to the successful conclusion of the definitive agreements as well as the approval by relevant authorities, and is scheduled to close later this year.
The new
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
