Allocations
US Bank subsidiary, US Bancorp Asset Management, has closed on the acquisition of PFM Asset Management (PFMAM) originally announced on 8 July.
PFM Asset Management will continue to operate as a separate registered investment advisor. As part of the acquisition, more than 250 PFM Asset Management employees have joined US Bank.
Alternative investment firm Angelo Gordon has appointed Allison Binns, former Executive Director for Global Sustainability Research at Morgan Stanley, as Head of Environmental, Social & Governance (ESG) and Sustainable Investing Strategies.
In this new role, Binns will lead and drive a best-in-class, strategic approach to ESG integration and opportunity across Angelo Gordon’s global platform. Binns will report to Josh Baumgarten and Adam Schwartz, Angelo Gordon’s co-Chief Executive Officers.
WATI.io (WhatsApp Team Inbox), a comprehensive WhatsApp customer engagement tool for small businesses, has raised USD8.3 million in a Series A round led by Sequoia Capital India.
Surge, Base Partners and several prominent angels including Gokul Rajaram, a member of the DoorDash executive team, also participated in the round.
Meridian Adhesives Group (Meridian) has acquired American Sealants Inc (ASI), a specialist in product assembly adhesives and sealants.
Financial terms of the deal, which will see ASI will join Meridian’s Industrial Division, have not been disclosed.
Tech24, backed by private equity firm HCI Equity Partners, has acquired RMS Mechanical Services.
Tech24 is a US provider of repair and maintenance services for food service and commercial HVAC equipment. Financial terms of the deal, which is Tech24’s seventh add-on acquisition in the foodservice repair and maintenance market, have not been disclosed.
Circulate Capital, a Singapore-based investment management firm financing high-growth opportunities at the nexus of climate-tech and plastics, recycling and the circular economy, has held the second close of its climate tech fund, Circulate Capital Disrupt (CCD), bringing the strategy’s total AUM to USD25 million.
CCD is backed by international private investors including Builders Vision; Benjamin Duncan Group (UHNW Family Office); Circocean Ltd; DF Impact Capital; Eden Impact; Huang Chen Foundation; Minderoo Foundation; Rumah Group and Twynam Investments Ltd.
Hummingbird RegTech, a provider of risk and compliance technology, has raised USD30 million in Series B funding round led by Battery Ventures.
Barings has provided financing to support Aquavista, an operator of inland marinas in the UK, on its acquisition of Castle Marinas (Castle).
Aquavista is backed by LDC, a UK middle market private equity investors. Financial terms of the deal have not been disclosed.
B Capital Group, a multi-stage, global technology venture capital investment firm, has appointed Sandi Sadek as Partner and Chief People Officer.
In the newly created position, Sadek will oversee the growing people organisation to drive internal people development initiatives for B Capital’s over 130 global employees. In addition, she will advise B Capital’s 120-plus portfolio companies on their leadership and talent initiatives, as well as focusing on helping B Capital to scale as it continues to attract diverse talent globally.
Audax Private Equity (Audax) today announced that it has successfully completed the sale of Acuant, an identity verification and KYC/AML compliance provider, to GB Group (GBG).
Audax first acquired Acuant in September of 2018. Financial terms of the deal have not been disclosed.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm