Allocations
BlackRock is to acquire 100 per cent of the equity interests in eFront, an end-to-end alternative investment management software and solutions provider, from private equity firm Bridgepoint and eFront employees, for USD1.3 billion in cash.
The combination of eFront with Aladdin, BlackRock’s investment operating platform used by more than 225 institutions around the world, will set a new standard in investment and risk management technology.
eFront, which serves more than 700 clients in 48 countries, is a comprehensive technology solution for managing the alternatives investment lifecycle, from due diligence and portfolio planning to performance and risk analysis, across a
Onex Corporation (Onex) is to acquire Gluskin Sheff + Associates (Gluskin Sheff) (TSX: GS) for CAD14.25 per share which represents a 28 per cent premium to Gluskin Sheff’s closing share price on 22 March, 2019, and a 37 per cent premium to the 60-day volume weighted average price (VWAP).
The total cash consideration for 100 per cent of Gluskin Sheff’s equity is approximately CAD445 million.
This combination will bring together two of Canada’s most entrepreneurial and successful investment firms and broaden the product suite available to Gluskin Sheff’s clients. Gluskin Sheff will continue to be led by its existing leadership team and
Fiera Capital Corporation (Fiera Capital) is expanding the offering on its Private Alternative Investments platform with the acquisition of Integrated Asset Management Corp (IAM).
IAM’s private debt investment is being incorporated within Fiera Private Lending and the industrial real estate team joining Fiera Properties. The transaction received the unanimous support of the board of directors of both companies, and IAM shareholders holding 62 per cent of issued and outstanding IAM Shares have entered into voting and support agreements in favour of the Transaction, which is expected to close in the second quarter of 2019.
“This acquisition further strengthens and diversifies Fiera Capital’s
SGG Group, the world’s fourth largest investor services group, has adopted a new name, visual identity and corporate website. SGG Group has rebranded to become IQ-EQ.
IQ-EQ unites SGG, First Names Group, Augentius, Iyer Practice and Viacert under one single brand.
Mark Pesco, Group CEO, says: “Our new name brings together the rare combination of technical expertise with a deep understanding of the needs of our clients. To deliver for our clients depends not just on our ability to provide expert services, but equally on how well we know them and their business. We believe in personal relationships developed over
The innogy Innovation Hub, which identifies, funds, and mentors game-changing technologies and ideas, has closed a seed investment round in FirstPoint Mobile Guard (FirstPoint), global innovators in cellular Cybersecurity-as-a-Service. Financial terms were not disclosed.
FirstPoint’s network-level protection shields all cellular devices against hidden network vulnerabilities that stump security teams: IMSI catchers (fake base stations), malicious SMSs, location trackers, and other tactics that can steal sensitive communications and data.
This military-grade, proven Cybersecurity-as-a-Service detects, alerts, protects and deceives, without requiring user intervention to install or update anything. Organisations can also customise protection by defining and modifying policies per device, which
SGG Group, the world’s fourth largest investor services group, has adopted a new name, visual identity and corporate website. SGG Group has rebranded to become IQ-EQ.
IQ-EQ unites SGG, First Names Group, Augentius, Iyer Practice and Viacert under one single brand.
Mark Pesco, Group CEO, says: “Our new name brings together the rare combination of technical expertise with a deep understanding of the needs of our clients. To deliver for our clients depends not just on our ability to provide expert services, but equally on how well we know them and their business. We believe in personal relationships developed
Global private investments firm Flexstone Partners, an affiliate of Natixis Investment Managers, and Hostplus, an Australian superannuation fund, are to launch a US private equity emerging managers programme dedicated to Hostplus and designed to provide risk-adjusted investment solutions to qualifying Hostplus members.
The emerging managers programme will see Flexstone Partners invest over the next three years in the first, second or third funds of US mid-market private equity managers on behalf of the industry superannuation fund.
“We believe successful US emerging managers program members tend to deliver higher fund returns, on average, compared to the returns of their former funds,”
UK-based equity management platform, Capdesk, has raised GBP1.5 million from London-based VC fund Fuel Ventures and angels to digitise and provide liquidity to the billions of pounds’ worth of employee shares in unlisted European companies.
Capdesk was founded by Christian Gabriel and Casper Arboll as a response to a new trend of fast-growing companies staying private, and increasingly using employee shares to compensate staff. Since its launch in 2015, the company has attracted thousands of users in the UK and abroad, including Nutmeg, Secret Escapes and Tab Media.
Christian Gabriel, CEO of Capdesk, says: “Private companies are not equipped to
Audax Private Equity (Audax), in partnership with management, has completed the sale of CoolSys to the Private Equity Group of Ares Management Corporation. Terms of the transaction have not been disclosed.
Headquartered in Brea, CA, CoolSys is a leading refrigeration and HVAC services company and provides a full spectrum of services and solutions to customers in the retail, food service, commercial and industrial market segments. CoolSys and its operating businesses cover every stage of mission-critical systems through engineering and design, installation, service and maintenance, and energy optimisation. Since its founding in 2001, CoolSys has grown to employ more than 2,000
Under the legal leadership of ARQIS, the German Standards Setting Institute (GESSI) has published the “Term Sheet”, another standard document for startups and investors, especially business angels.
The GESSI is a joint project of the Business Angels Network Germany e.V. (BAND) and the Federal Association of German Startups e.V. (Startup Association). The “term sheet” is a detailed letter of intent, in which the parties define the key points of a transaction.
“Business angels are an important pillar not only in the US and Europe, but now also in Germany, in order to set up business start-ups and finance the
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12 November, 2026 – 8:00 am
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