Allocations
HSBC Private Banking clients have allocated a record USD1.6 billion to hedge funds, private equity, private credit and a private REIT strategy so far in 2020.
Read the full story at Wealth Adviser…
Warburg Pincus has agreed to make a strategic investment in GA Foods, a provider of nutritional meals serving healthcare and senior customers.
The growth investment will support future strategic initiatives including continued investments in the healthcare sector and scaling the company’s manufacturing and logistics footprint.
Founded in 1973, GA Foods is a specialised maker of highly specified meals serving the unique needs of healthcare members, seniors, children, the military, and for disaster relief efforts. The Company’s services include meal design, food preparation & packaging, distribution, and integration with payor & provider systems for both home-delivered and congregate customers. These meals
International law firm Proskauer has advised One Peak on its USD30 million investment into Danish backup-as-a-service software provider Keepit.
Just six years after its founding, L Squared Capital Partners (L Squared) has exceeded USD1 billion in assets under management, with the closing of L Squared Capital Partners III at just over USD500 million.
The Firm’s family office friendly structure has hit a chord with large US-based family offices which have supported the Firm and led to an oversubscribed offering for L Squared Capital Partners III. The effort, completed in the middle of the Covid-19 pandemic, was largely driven by the Firm’s existing investors; however, L Squared was pleased to add several new high-quality limited partners to its investor base.
When the Covid-19 crisis hit, Kola Aina, partner at Lagos-based early stage fund Ventures Platform, started comparing notes with partners the company works with around the globe. The end result was the launch of the Nigeria Impact Startup Relief Facility, or NISFR, to bring together early stage investors in African startups that have been hit by the pandemic.
Private equity investing has always been rooted in forging trusted relationships between managers and investors. Relationship building has been central to its success, but the impact of Covid-19 and the move to remote working has arguably put a strain on the GP/LP dynamic this year.
As such, maintaining strong ties has become more important than ever; not only to find value in financial terms, but also in terms of communication, transparency, and a willingness among GPs to evolve with the times, in respect to fee structuring.
Over the past couple of years, the pendulum has swung between an LP-favourable and
RedBird Capital Partners (RedBird) is to sell N3 to Accenture. Terms of the transaction have not been disclosed.
Headquartered in Atlanta, Georgia, N3 is a tech-enabled sales and demand generation firm with specialised talent across areas such as cloud, software and 5G ecosystems. The company utilises its artificial intelligence-powered platform to generate efficient sales conversion and high-value revenue solutions for its clients.
With over 2,200 employees and locations across five continents, the Company leverages its global reach as a key partner to leading technology firms, including Microsoft, Cisco, and SAP.
“N3 has experienced tremendous growth during its partnership
Point Predictive Inc, a San Diego-based company that provides machine learning solutions to the lending industry, has completed a Series B growth financing led by Napier Park Financial Partners with participation from the company’s existing investor, Mosaik Partners.
The company has also hired Michael Housman as its new Chief Technology Officer and promoted Eric Werab to Chief Revenue Officer to facilitate the rapid growth Point Predictive is experiencing.
Point Predictive has gained wide adoption of its Ai+Ni scoring solutions across the automotive and fintech markets over the last 18 months. The company’s Auto Fraud Manager, IncomePASS™, and Synthetic ID
Private markets asset management firm Hamilton Lane has appointed longtime Managing Director Paul Yett to the role of Director of ESG & Sustainability.
Hamilton Lane has demonstrated a long-standing commitment to ESG, sustainability and responsible investing, and Yett will focus on expanding and formally spearheading the firm’s ESG integration strategy going forward.
His responsibilities will include managing ESG integration throughout the investment processes across the Fund, Direct Investment, Secondary, Real Asset and Direct Credit teams; driving ESG policy development and advising deal teams during due diligence; supporting clients, government entities and other stakeholders in regards to ESG and sustainability
Finance Durham Fund, which was established by Durham County Council and overseen by Business Durham, has invested GBP250,000 in Power Roll, a developer of ultra-low-cost and lightweight flexible film for energy generation and storage.
The investment through Finance Durham, which is managed by Maven Capital Partners (Maven), will support construction of a solar film pilot plant in County Durham, further improve the efficiency of Power Roll’s solar film technology and help commercialise its capacitor technology with its joint venture partner.
Headquartered in Sunderland, Power Roll has developed a unique, flexible, lightweight solar film capable of producing ultra-low-cost green electricity
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
