Allocations
Tikehau Capital, a global alternative asset management group, today is aimingto manage at least EUR5 billion of AUM, dedicated exclusively to the fight against climate change, by 2025.
The Luxury Bank has raised USD10 million from Dubai’s ICICB Group, an investment management company that fosters and funds luxury projects in banking, cryptocurrency trading, commercial real estate, and other related industries worldwide.
The funds will be leveraged across The Luxury Ecosystem’s various projects, including The Luxury Bank, The Luxury Foundation, a cryptocurrency PoS system, offline cryptocurrency exchanges, an NFT marketplace, a job portal, and a news magazine. The funds will also be used to complete The Luxury’s much-anticipated Luxandia, a metaverse platform similar to Second Life and Decentraland, which is dedicated to serving the luxury industry.
“This investment from
OJ Brands’ sleep brand, Kally Sleep has acquired the fast-growing online home textiles marketplace, Woven, in a bid to capitalise on the UK’s burgeoning homewares market.
Led by CEO Ori Leslau aims to expand OJ Brands group into a leading European brand house. Today, the firm generates revenue in excess of USD20million.
“Never before have we invested in our home quite like we do today,” says OJ Brands’ CEO, Ori Leslau.
“Our intention is for Woven to become the UK’s leading soft furnishings destination online, simplifying the shopping journey for users and offering an unparalleled catalogue of the
Kindred Group has completed the previously announced acquisition of the remaining outstanding shares in Relax Gaming, a growing B2B iGaming supplier.
Kindred Group announced on 2 July 2021 that it had entered into an agreement to acquire the remaining 66.6 per cent of the outstanding shares in Relax Gaming. Relax Gaming is a market leading B2B iGaming software supplier that designs and develops online casino games, supported by an open distribution platform for third party aggregation as well as proprietary poker and bingo products. Relax Gaming was founded in 2010 and has today c240 full-time employees with four main hubs
European Food Tech venture capital firm Five Seasons Ventures has announced the final closing of a EUR180 million second fund.
The new Fund II will continue making Series A and B investments into the most promising European Food Tech companies, with an emphasis on fast-growing consumer-focused food with a quantifiable environmental or social impact. Fund II was raised on the back of a very successful Fund I portfolio of European Food Tech champions.
Five Seasons Ventures’ investment thesis is to prove that Food Tech startups can grow at the same speed as ‘traditional’ tech startups. Only the top 10 per
Development Partners International (DPI), an investment firm focused on Africa, has raised USD900 million for African Development Partners III Fund (ADP III), exceeding its USD800 million target. The find also attracted an additional USD250 million of dedicated co-investment capital, bringing a total of USD1.15 billion for investments on the continent.
London-based Fintech Crezco, a UK open banking payment solution designed to make B2B invoice payments as convenient as B2C card payments without the costs collected by companies like Visa and MasterCard, has raised GBP3 million in a seed funding round.
Founded in 2020 by Ralph Rogge and Igor Pikovsky of Rogge Global Partners – a USD60 billion bond fund which was sold to Allianz in 2016 – Crezco has already established unique partnerships with Xero, QuickBooks and other B2B platforms for invoice payments for millions of SMEs across the UK and Europe.
Rogge brings his previous experience of successfully building
ClearCourse Partnership (ClearCourse), a group of technology companies providing useful, integrated software solutions, is to acquire EKM, a leading provider of e-commerce and online retail software.
The acquisition strengthens ClearCourse’s e-commerce and online retail capabilities and sees the Company join the Group’s Business Services division.
Founded in 2002, EKM provides the UK’s leading independent e-commerce platform, delivering software that powers over GBP350 million of transactions annually for its customer base of SME online retailers. EKM’s system offers a full suite of e-commerce solutions, with capabilities including online shop design and visitor conversion tools. Following the acquisition, EKM and its
AnaCap Financial Partners (AnaCap), a specialist mid-market investor, has closed two performing loan transactions in Spain from of its fourth Credit Opportunities fund.
The first investment is a portfolio of ~55,000 point-of-sale originated consumer loans, with a significant portion originating from the health and dental sector. The second investment is a non-core disposal of point-of-sale-originated auto and consumer loans from one of Spain’s largest banks, believed to be the first non-core bank disposal of performing auto loans in the Spanish market.
Both deals represent ~EUR200 million face value in seasoned, granular performing portfolios, where AnaCap has a long-standing track record
If any jurisdiction can claim to be the home of the global fund industry, it is Luxembourg. The Grand Duchy is the second largest investment fund centre worldwide and the first in Europe, with an 8.8 per cent global market share in 2020 and is a prime location for alternative investment funds.
Yves Cheret, managing director of fund administration in CSC’s Luxembourg office comments: “I think that, over time, the investment fund business in Luxembourg will become known as the US is known.”
Luxembourg’s attraction for fund managers is based on its political, financial, and political stability which fosters a
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
