Managers
Venture capital firm Lemnos has launched its third fund, a USD50 million fund focused on hardware and the growing ecosystem of software surrounding the hardware renaissance.
Now in its sixth year Lemnos provides an advisory role to its portfolio companies to guide entrepreneurs along the complex path of hardware creation.
"At Lemnos, we make smart bets on small teams of visionary entrepreneurs, and we are full-time partners with them to painstakingly guide their businesses to success," says Lemnos partner Jeremy Conrad. "Our experience has taught us that great companies are defined by great people first and great ideas second.
Creative Media Investments (CMI) has launched an EIS production fund, branded as the Silver Lining Screen Fund, designed to help support mid-range budget film and TV productions.
Working with Portunus Investment Solutions, the fund aims to raise GBP10 million over the next year, and provides a high level of capital protection whilst offering attractive returns for investors.
Launched to provide a viable investment alternative for investors to market competitors in the media sector, the fund also taps into the growing demand of film and TV content worldwide.
The fund provides a significant degree of capital protection (75 per
GCA Altium has acted as exclusive financial adviser to the shareholders of Wex Photographic on its sale to Aurelius.
Following the deal, Wex will be merged with Calumet to create an omni-channel retailer serving the enthusiast and professional photographer.
The transaction represents GCA Altium’s 16th e-commerce transaction in the last two years.
David Garratt, CEO of Wex, says: “This was a hugely important transaction for Wex and its investor, Barclays. The GCA Altium team invested time understanding what made the business tick, advised us on strategic choices before the sale process was initiated and then worked tirelessly to
Joyme Capital has teamed up with Kee Ever Bright Technology to establish an investment fund with an initial target fund size of USD140 million (RMB1 billion) which will focus on investment opportunities in game development, game distribution, e-sports and other businesses related to the creation and publishing of mobile and PC video games.
Yang Chen (CY), founder and CEO of Joyme Group, says: “China is the largest gaming market in the world by revenue. And Chinese game players have huge appetites for Western games. However, developers and publishers continue to find China to be one of the most perplexing and
Global alternative asset manager The Carlyle Group is to sell ITRS to funds managed by private equity firm TA Associates.
Financial terms of the transaction, which is expected to close in April 2017, have not been disclosed.
ITRS is an international software vendor to the financial services sector, offering real-time monitoring and analytics software. The company provides solutions to transform masses of business and machine data into actionable insights, supporting better systems and business performance.
ITRS serves more than 170 global clients, including nine out of the top 10 investment banks, as well as exchanges and trading venues, hedge funds,
QIC has held the final close of the QIC Global Infrastructure Fund (QGIF), which achieved a total of AUD2.35 billion of capital commitments over an 18-month period.
The AUD2.35 billion represents the hard-cap for the fundraise and also exceeds the fund's target of AUD1.75 billion.
QGIF is a pooled unlisted investment vehicle that seeks to provide institutional investors with access to attractive, risk-adjusted returns through long-term exposure to a diversified portfolio of global infrastructure assets.
The investors benefit immediately from the fund's interests in three infrastructure assets. The assets, secured since the investment period commenced in August 2015,
KKR has held the final closing of KKR Americas XII Fund, a USD13.9 billion fund focused on opportunistic investments in private equity-related transactions primarily in the US, Canada and Mexico.
KKR will be investing nearly USD1.4 billion in capital alongside investors through the firm’s balance sheet and employee commitments.
“As we mark this important milestone in our Americas private equity business and close our 12th flagship private equity fund, we are grateful to our investors, both old and new, for their continued confidence in us. In today’s increasingly complex world, we are pleased that they share our enthusiasm for
Aurelius Equity Opportunities generated consolidated revenues of EUR2,892.3 million based on initial provisional annual figures in fiscal 2016, an increase of 44 per cent compared to the prior year’s revenue of EUR2,013.3 million.
The annualised consolidated revenues increased to EUR3,066.3 million.
Overall, Aurelius Equity Opportunities achieved EBITDA for the combined group of EUR148.4 million (2015: EUR266.1 million). The decrease can be largely attributed to the lower income from the reversal of negative goodwill from capital consolidation ("bargain purchase") compared to the prior year.
Operating EBITDA reached EUR114.0 million (2015: EUR123.2 million) despite the acquisition of yet unprofitable and
Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a USD100 million senior credit facility to support the acquisition of Echelon Group (a d/b/a of MedLien Manager) and future growth of its successor Echelon Medical Capital, a portfolio company of DRB Financial Solutions.
In addition, the credit facility also supports the continued growth of its affiliated company, US Claims.
Based in South Florida, DRB is a diversified, multi-asset specialty finance company providing liquidity solutions to individuals and businesses across several niche areas including structured settlements, litigation finance, bankruptcy trade claims, and commission advances.
Independent Growth Finance (IGF), a commercial finance provider for SMEs, has delivered a GBP1.95 million combined invoice finance and asset based lending line for Pearl Automotive, a supplier to the automotive aftermarket.
The funding delivered by IGF will help to consolidate and grow Pearl Automotive’s existing business, and allow the firm to invest in new machinery to make the processes more efficient within its Essex headquarters.
Pearl Automotive has over 40 years’ expertise in supplying the automotive aftermarket with more than 7,500 lines, including fitted and workshop consumables, servicing and display stands. The firm supplies customers throughout the global
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
