Allocations
Venus Capital Management has launched the Venus India Structured Finance Fund, which invests in Venus India Asset-Finance Private Limited, a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI).
The NBFC provides direct loans to small and medium enterprises in India and their shareholders and promoters. This opportunity offers absolute returns that are uncorrelated to any indices and could be used as a risk reducer in investors’ portfolios.
The NBFC provides a medium, through which investors may participate in secured and unsecured lending to small and medium Indian companies and their shareholders and promoters. The objective is
The newly released 2015 Preqin Global Infrastructure Report features exclusive fund manager survey results, made available this week via a special complimentary report. The report provides insight into the future investment activity of infrastructure fund managers and their views on the current market.
Infrastructure fund managers appear to be bullish regarding the amount of capital they intend to commit to the asset class in the next 12 months, with 65% of managers surveyed by Preqin planning to deploy more capital in the asset class in 2015 than they did in 2014, and a considerable 27% planning to invest significantly
CameronTec Group has acquired Lasalletech, the US-based financial protocol operational solutions and professional services firm co-founded by current Senior Partner, Jim Northey.
Since 2006 Lasalletech has specialised in the provision of products and services for messaging and transaction processing to improve the quality of financial services in terms of efficiency, reliability and performance. Its wide range of products includes FIX Conductor and FIX Technician CTS, the industry leaders for fully automated onboarding, certification, and regression testing.
CameronTec Group CEO Anders Henriksson says the addition of Lasalletech is welcome news for the Group and the global electronic trading community: “Today’s announcement
NewSpring Capital’s NewSpring Holdings, the firm’s dedicated control buyout strategy, is to purchase X5 Solutions, a provider of a complete suite of telecommunications solutions.
The transaction is pending regulatory approval and targeted to close in March, 2015.
NewSpring has partnered with a new senior executive team with experience leading and growing companies in the telecommunications industry to acquire X5 Solutions. Greg Forrest and Rick Hirsh bring decades of executive-level experience serving as founders and CEOs of several large, successful B2B technology service providers and technology integrators.
The acquisition is part of a long-term growth strategy by NewSpring to help provide
Cavendish Asset Management, which runs the only AIM OEIC in the market, has reviewed the AIM market for 2014. Peter Renton, Equity Analyst at Cavendish comments,
The past year has been a tremendous success for the IPO market on AIM, with 79 new companies floated on the exchange during the year – the highest number of IPOs since 2007, and 30% more than in 2013.
That’s according to Cavendish Asset Management, which runs the only AIM OEIC and has reviewed the AIM market for 2014.
Peter Renton, Equity Analyst at Cavendish, says: “More than GBP2.6 billion in new capital was
Online money transfer service WorldRemit has raised USD100m in a Series B funding round led by Technology Crossover Ventures (TCV), with participation from existing investor Accel Partners.
WorldRemit is a global leader in smartphone and web-based money transfers – providing a convenient, low-cost alternative to expensive brick-and-mortar agents.
The company enables a growing share of the USD550bn in remittances sent each year by expatriates and migrant workers to their homelands.
This investment will allow WorldRemit to extend its existing reach of 50 send countries and 117 receive countries, and expand partnerships with Mobile Money wallets operated by telecoms companies in
Shopa (www.shopa.com), the social shopping site where customers can discover, share and buy products they love, has completed a USD11 million series A funding round.
UK venture capital firms Octopus Investments (which backed Zoopla, YPlan and SwiftKey) and Notion Capital (which funded Shutl and Duedil) led the fund raising. Shopa is now planning to roll out its ocial shopping technology in China and India after launching in the UK and US.
Peter Janes, Founder and CEO of Shopa, says: “Combining online shopping with the power of social is the holy grail of ecommerce, yet many brands are failing to fully
A group of investors led by Lakewood Capital and including existing management has acquired Vacuum Systems International, Inc. through a newly formed entity, VSI International (VSI).
Founded in 1994, VSI is a unique value added provider of cost saving and sustainable equipment remanufacturing and fleet rotational programs utilised by large multi-location concerns. The Company manages commercial vacuum cleaners and steamers used in 72,000 facilities, and has the capability of servicing nearly every major brand of commercial vacuum cleaner in the world.
Diana Richards, founder of Vacuum Systems, says: "Partnering with Lakewood will provide our management and employees with the
Private equity firm Solis Capital Partners (Solis) has partnered with venture capital firm Innovate Partners to acquire an equity interest in Lindora, a provider of medically supervised weight loss and weight management programs.
Founded by Dr Marshall Stamper in 1971, Lindora has more than 40 years of success providing comprehensive and personalized medical weight loss and weight maintenance programs to clients across North America. Its success is accomplished through its online programs and clinic locations across California using a combination of medically guided diet, moderate exercise and coaching.
"Lindora has a longstanding track record of using its proven, medically supervised,
In an extract from the recently released 2015 Preqin Global Private Equity & Venture Capital Report, we analyze the results of Preqin’s latest survey of private equity and venture capital fund managers in order to gauge their concerns, views and plans for the year ahead.
Key Issues
Fundraising, valuations, performance, exits, and ongoing volatility and uncertainty in global markets were all highlighted by significant proportions of respondents as some of the biggest challenges facing the private equity and venture capital industry in the year ahead. However, significant variation exists between firms with differing strategies. Surveyed buyout firms felt that
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
