Allocations
Saleswhale, an AI-powered sales assistant for mid-market and large enterprises, has closed a USD5.3 million Series A funding round, led by Monk’s Hill Ventures.
The company, based in Singapore, plans to use the investment to expand its teams in engineering, customer success, and sales & marketing. The investment will also extend the Saleswhale offering to meet growing demands from enterprise customers globally, including features such as Salesforce integration and enterprise work flows.
Saleswhale CEO and Co-Founder Gabriel Lim says: “We believe that AI assistants will become ubiquitous in the near future for global enterprises, as C-suites recognise that automation is
The new private equity fund of Kempen Capital Management (Kempen), the Kempen European Private Equity Fund, is now for sale in the United Kingdom. The fund, which was launched in the Netherlands in January 2019, has raised over EUR76 million in the first closing.
The Kempen European Private Equity Fund is a closed-end investment fund with a minimum term of ten years. The fund focuses on small buy-outs across Europe. The goal is to build up a well-diversified investment portfolio over a period of between three to five years, by diversifying over various European countries and sectors. The main reason
Neuberger Berman has held the final close of NB Private Debt Fund III at USD1.7 billion, surpassing its target of USD1.5 billion.
The Fund, which launched in October 2017, is the successor to NB Private Debt Fund II, which had commitments of USD750 million. The Fund seeks to invest in first lien, unitranche, and second lien loans of US middle-market companies backed by private equity firms.
Including the Fund, Neuberger Berman Private Credit manages approximately USD4.2 billion of committed capital with credit strategies focused on debt origination and opportunistic investing in secondary markets. Neuberger Berman Private Credit focuses on
Digital piracy specialist MUSO has raised GBP3.5 million in an extension to its GBP2.5 million 2017 Series A funding round with Harwell Capital.
The investment will be used to expand the company’s sales and marketing and increase its foothold in the digital media, gaming and live broadcast sectors.
MUSO’s technology removes unlicensed digital content and provides rich data and insights from piracy audiences. The company tracked 190 billion visits to piracy sites throughout 2018. Its data is used by right-holders, broadcasters, sports organisations and brand advertisers to inform a total view of audience consumption and provides insight into content demand,
Global advisory firm GCA Altium has continued to expand its international presence across Europe and Asia in FY18 as total revenues have reached GBP181 million.
Revenues for the firm increased 35 per cent in comparison to FY17 and have increased threefold in the last five years. Net income also increased by 115 per cent compared to the previous year. Over the course of 2018, the firm closed 145 deals globally – up 30 per cent on the prior year. Over a third of these transactions were cross-border, as a result of GCA’s growing international network.
The group opened five
Middle East alternative asset management firm Gulf Capital has successfully closed a new long-term AED500 million syndicated revolving credit facility from its existing lenders.
The new four-year facility will boost the firm’s liquidity and help it maintain its strong investment pace across the Middle East.
Dr Karim El Solh, Chief Executive Officer of Gulf Capital, says: “We are very pleased to be signing this long-term flexible revolver facility which will fully secure our current funding needs. Gulf Capital today is one of the best capitalised investment firms in the region and is evaluating a number of new investment opportunities across
No matter who you talk to, global private equity has enjoyed a period of enormous growth in the last few years and, in Luxembourg, this has proven to be a key factor as it has looked to drive interest, globally, in regulated private equity funds.
As the Association of the Luxembourg Fund Industry (ALFI) reported at the end of 2018, although the PE fund landscape is still dominated by funds of EUR100 million or less in AUM, the number of large PE funds (EUR500 million and above) has increased to represent over 4 per cent of the total, with the
MiddleGround Capital (MiddleGround), a new private equity firm that makes control investments in business-to-business (B2B) industrial and specialty distribution companies in the North American lower middle market, has closed the second transaction for its inaugural private equity fund – the acquisition of Peterson Spring, a specialty spring manufacturer with thirteen facilities throughout North America and the United Kingdom.
“We are honoured to continue the legacy that the Peterson family began over 100 years ago,” says John Stewart, co-founder of MiddleGround. “Companies like Peterson have historically invested in North American manufacturing and have provided critical manufacturing jobs that have benefited the
Montage Partners, a Scottsdale, Arizona-based private equity firm, has acquired Advanced Manufacturing and Development (METALfx) from a subsidiary of Avista Corporation. METALfx’s existing management team will continue to lead the company and will own a meaningful equity stake in the business.
Founded in 1976 and headquartered in Willits, California, METALfx is a leading provider of precision sheet metal fabrications, enclosures, assemblies, and complex wood composite components across a variety of industries, including technology, healthcare, industrial, and others. The company is strategically focused on serving customers who demand quick turnaround times, prototype collaboration, engineering support, and rigorous product standards, and whose
Duncan and Todd has become the largest independent optical provider in Scotland following the acquisition of nine branches from optometrist Black & Lizars.
The acquisition – completed for an undisclosed sum – is the sixth to take place since Duncan and Todd secured a GBP15million investment from LDC, the UK’s leading mid-market private equity investor, in March 2018.
56 Black & Lizars staff have transferred to Duncan and Todd as part of the deal, which will see the group move into seven new towns and cities across Scotland and increase its headcount to 405
Black & Lizars’ two
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
