Managers
Hyperloop One, the only company in the world that has built a full-scale Hyperloop system, has closed a Series B-1 funding round of USD85 million, bringing total financing raised by the company to USD245 million since its founding in 2014.
“We are so fortunate that our new and existing investors share our vision of making Hyperloop the world’s first new mode of transportation in over a century. We initially targeted USD50 million and ended up raising $85 million instead,” says Shervin Pishevar, Executive Chairman and co-founder of Hyperloop One. “We’ve proven that our technology works and that Hyperloop One is
Private equity firm Falfurrias Capital Partners (FCP), has completed an investment in SixAxis, a manufacturer of advanced products that increase worker safety and boost productivity.
The existing SixAxis management team will remain, led by Rob Honeycutt as CEO, and Fred Harmon as co-founder and member of the board of directors. Ken Walker, who was most recently chief operating officer of EnPro Industries, will join the SixAxis team as Executive Chairman.
“SixAxis is excited to partner with FCP on the next stage of our company’s growth,” says Rob Honeycutt, CEO of SixAxis. “The capital and strategic acquisition expertise that FCP
Tikehau Capital has reported a sharp increase in net income for the first half of 2017; up to EUR85.9 million, compared with a loss of EUR5.8 million in the first half of 2016 on a pro-forma basis.
This result reflects the increase in the income from asset management activities which amounted to EUR25.1 million, up 39 per cent compared with the first half of 2016 (EUR18.1 million on a pro-forma basis) and the sound performance of the investment activities, where income amounted to EUR121.6 million (compared with EUR35.6 million for the first half of 2016 on a pro-forma basis).
CIBC Asset Management has launched the CIBC Long-Term Private Debt Pool, a product for institutional investors focused on unrated private securities in the infrastructure and power sectors.
The pool was designed for investors seeking contracted cash flows that align with their liabilities and offers the potential for an enhanced yield without incremental credit risk.
“Institutional investors continue to search for ways to enhance their fixed income portfolios,” says Doug MacDonald (pictured), Managing Director & Head, Institutional Asset Management, CIBC Asset Management. “Infrastructure investing is about seeking stable returns through contracted cash flows while minimising management and operational risk.
AlphaFlow, an automated alternative investment platform for real estate, has closed a USD4.1 million seed round funding, led by Resolute Ventures and Point72 Ventures, the venture capital arm of Steve Cohen’s Point72 Asset Management.
Other investment partners include Upside Partnership, Social Capital, Y Combinator, Clocktower Technology Ventures, an affiliate of Drobny Capital, Red Swan Ventures, and more.
AlphaFlow’s seed round comes two years after the company was established by CEO and former RealtyShares Co-Founder, Ray Sturm. AlphaFlow plans to use the funding to continue scaling successful partnerships with lenders and investors, both accredited individuals and investment managers. Additionally, the
BNY Mellon Investment Management is to sell the business of real assets investment boutique CenterSquare Investment Management to its management team and the private equity firm Lovell Minnick Partners.
Founded in 1987 and headquartered near Philadelphia, CenterSquare Investment Management has approximately USD9 billion in assets under management in US and global real estate and infrastructure investments. Founded in 1999, Lovell Minnick Partners has a long and successful track record of investing across the investment management, distribution, and advisory value chain.
“CenterSquare is a highly respected real asset investment manager and teaming up with Lovell Minnick will ensure that CenterSquare
UK lower mid-market investor, Tenzing’s portfolio company, FMP Global, has acquired the international HR consultancy, MCN Associates.
FMP Global is a leading provider of international and domestic payroll management services. It manages the international payrolls of US and UK headquartered SMEs utilising an extensive network throughout 135 countries. FMP Global also provides domestic payroll management services to small and medium sized UK businesses, handling in excess of GBP1.8 billion in payments each year on behalf of its clients.
MCN Associates is a specialist provider of HR consultancy services for US businesses expanding overseas. The acquisition enables FMP Global to
Ogier has advised crowdfunding platform Dragon Victory International Limited on its initial public offering of shares listed on NASDAQ.
Ogier advised on the Cayman law aspects of the IPO alongside lead counsel Hunter Taubman Fischer & Li LLC.
Dragon Victory International Limited offers reward-based crowdfunding, business incubation services and financial services to entrepreneurs in China. Last Friday’s successful IPO raised USD8.5 million. Ogier partner Bradley Kruger, who leads the firm’s Caribbean & Asia corporate practice group, with managing associate Mark Santangeli and associate Tommy Tuohy, advised on the Cayman Islands law aspects of the transaction.
Bradley says: “We
Private equity firm MidOcean Partners’ portfolio company Affinity Dental Management has affiliated with Akram E Rafla, DMD, PC and Endodontic Associates of Marlboro, led by Marta-Orrego-Rafla. Financial terms of the transaction were not disclosed.
Located in Worcester, Massachusetts, Dr Rafla’s practice provides periodontal care to patients, with services in implants and oral medicine. Located in Marlborough, Massachusetts, Dr Orrego-Rafla’s practice provides comprehensive endodontic services to its patients. The practices will be supported by Affinity, which provides comprehensive practice management and administrative support services for practices across Massachusetts, Connecticut and Vermont.
With this strategic addition, Affinity expands its network of
Modern Energy Management (MEM), a specialist in delivering project lifecycle certainty to renewable energy developers, financiers and investors, is to carry out marine warranty surveying (MWS) services at Indonesia’s first utility-scale wind project, Sidrap Wind Farm, on behalf of GCube Underwriting Ltd (GCube).
Under the terms of the agreement, MEM will provide risk management services related to the offloading of wind turbine generator components for the 75MW wind farm.
As the pace of wind energy development in the emerging markets increases, there is an urgent need for supporting infrastructure to be properly integrated into the supply chain process. Although
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
