Managers
BioMed Partners has invested in Tolremo therapeutics as part of USD9.3 million Series A financing round.
Tolremo therapeutics was founded in March 2017 as a Spin-off from ETH Zürich. Tolremo’s proprietary platform has the potential to change cancer therapy by targeting resistance-causing molecular mechanisms up-front, thereby addressing drug resistance proactively before it develops.
Tolremo therapeutics has also further strengthened its Board of Directors with the oncology, medical and industry experts Dr. Erich Greiner, Prof. em. Thomas Cerny, and Dr Andreas Wallnöfer. Dr Wallnöfer, General Partner BioMedPartners will represent BioMed on the board.
Blue Ocean Maritime Income, a closed-ended company which intends to operate as an investment trust, is to launch an initial public offering (IPO) on the London Stock Exchange (LSE).
The IPO will be by way of a placing and offer for subscription targeting the issue of 250 million ordinary shares at an issue price of USD1.00 per Ordinary Share.
A prospectus in connection with the IPO has been published.
The objective of the Company will be to generate long-term, sustainable shareholder returns, predominantly in the form of income distributions, from direct lending and similar financing opportunities to vessel
Snyk, a company that helps organisations use open source code securely, has closed a USD22 million Series B investment round led by Accel, with participation from GV and existing investors Boldstart Ventures, Heavybit and others.
Open source software (OSS) is embraced by over 95 per cent of enterprises, which dramatically accelerates software development but also introduces substantial risk. Developers draw vast quantities of OSS components into their apps, unaware that many carry known vulnerabilities, or are outright malicious. In fact, 77 per cent of applications carry such known vulnerabilities, and only one in four OSS maintainers audit their code regularly.
Global fashion brand Michael Kors Holdings Limited is to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace for a total enterprise value of EUR1.83 billion, or approximately USD2.12 billion.
Versace, long recognised as one of the world’s leading luxury fashion companies, is synonymous with Italian glamour and style.
John D Idol, Chairman and Chief Executive Officer of Michael Kors Holdings Limited, says: “The acquisition of Versace is an important milestone for our group. Versace was founded in 1978. For over 40 years, Versace has represented the epitome of Italian fashion luxury, a testament to
Private equity fund manager and central and eastern Europe specialist, ForeVest Capital Partners, has closed a general partner-led secondary transaction of a fund on which it advises, PineBridge New Europe Partners II, LP (NEP II).
In this transaction, a new investment fund, advised by ForeVest, has acquired portfolio companies from NEP II. The Strategic Equity team of EUR32.9 billion specialist asset manager Intermediate Capital Group (ICG) led the transaction from the buyer’s side and has become the largest investor in the new fund.
Forevest Capital Partners specialises in growth equity investing in Central Europe and partners with entrepreneurs in local
Despite a lot of bluff and bluster and gnashing of tweets, US President Donald Trump was unable to provoke a spike in OPEC oil supply at OPEC’s Algiers meeting over the weekend, says Richard Robinson, manager of the Ashburton Global Energy Fund…
OPEC’s power does not rest in the oil it produces, but rather in the oil it does not produce. Without spare capacity, OPEC is relatively impotent in relation to preventing rising prices.
Following four years of collapsing international capital spend, Trump’s removal of the world’s fifth largest oil producer, Iran, from the market – with sanctions to be
Alder II AB (Alder), a Nordic investment fund focussing on developing sustainable technology companies, together with the management team, is to acquire 100 per cent of the shares in Scanacon Intressenter AB (Scanacon) from Verdane Capital VII K/S (Verdane).
Scanacon is a provider of acid management systems used in the production of special metals. The company provides solutions to achieve safe, efficient, high quality treatment of metal product at the lowest cost, while enabling recycling of acid waste and minimising usage of scarce resources. Scanacon is headquartered in Stockholm and supplies the global market from its offices in Sweden, USA
Tailwind Capital (Tailwind), a middle-market private equity firm investing in targeted sectors within healthcare, business services and industrial services, has closed Tailwind Capital Partners III with USD1.8 billion of capital commitments.
The fund, which exceeded its initial target and was oversubscribed, will pursue the same investment strategy Tailwind has employed since its inception – partnering with experienced management teams and entrepreneurs in North America to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Tailwind primarily targets companies with enterprise values up to USD250 million.
Fund III received commitments from existing and new investors, including pension
Audax Private Equity has acquired a controlling interest in Acuant from Insight Venture Partners, Lightview Capital and Egis Capital Partners.
Yossi Zekri, President and CEO of Acuant, says: “We selected Audax because they share our vision and commitment to creating frictionless, trusted transactions that protect businesses from unnecessary risk. By bringing on Audax as an investment partner, we now have what we believe are the strategic resources to dramatically accelerate Acuant’s growth. With Audax on board, we plan to accelerate expansion into new product lines while continuing to innovate within our current product portfolio.”
Thus far in 2018, Acuant
Funds advised by Apax Partners have acquired Authority Brands, a North American franchisor of home services, from PNC Riverarch Capital.
The financial terms of the transaction have not been disclosed.
Founded in 1996 and headquartered in Columbia, Maryland, Authority Brands is the parent company of two home services franchisors: The Cleaning Authority, which provides residential cleaning services to over 100,000 customers across the US, and Homewatch CareGivers, which delivers at-home services including elderly, disabled and after-surgery care, as well as help for those living with dementia. Authority Brands operates over 300 franchises in the US, Canada and Latin America,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
