Managers
Capvent, a private-equity firm with a specialist focus on consumer businesses in Asia, has exited its investment in Tsingda, an education services company in China, to another domestic private equity firm resulting in distributions of approximately three times the invested capital.
Capvent Asia invested in 2011 when the company revenues were USD41 million which grew by end 2014 to over USD156 million, and expected 2015 revenues at USD197million. Investors generated 2.9x and 32 per cent IRR.
Tsingda, established in 2003, is a provider of affordable supplementary educational services, for students aged up to 18 years, through online and offline channels
Rand Capital Corporation (Rand), a venture capital company that makes primarily equity investments in companies with emerging product, service or technology concepts, has invested USD1.1 million as the lead investor of a USD2.0 million senior term loan package for GENICON.
GENICON is recognised as an emerging leader in the design, production and distribution of patented surgical instrumentation focused exclusively on laparoscopic, or minimally invasive, surgery. The new investment increased Rand's total investment to USD2.1 million, consisting of USD1 million of Series B Preferred Shares acquired in April 2015, a new USD1.0 million senior term loan provided in March of 2016,
Kueski, an online lending company in Mexico offering real-time, micro loans to Mexican consumers, has closed a USD35 million round of equity and debt funding, with the potential to increase to USD100 million in total funding, the largest capital funding in Mexico for a fintech startup.
The USD10 million equity investment was co-led by investors Richmond Global Ventures, Rise Capital, CrunchFund and Variv Capital, with participation from Victory Park Capital and existing investors Angel Ventures Mexico, Core Ventures Group and Auria Capital.
Kueski will use the funds to accelerate portfolio growth, expand its world-class team and extend its brand
Employee-owned wealth management, capital markets, private equity and asset management firm Baird has posted record net revenues of USD1.3 billion in 2015, a 7 per cent increase over 2014, despite choppy markets and slow economic growth.
Operating income totalled a record USD154 million, up 14 per cent from a year ago, and the firm’s 2015 return on book value, including a cash dividend paid to shareholders, was 13.2 per cent. Baird’s assets in client accounts grew to USD151 billion, an 83 per cent increase over the past five years. The 2015 results, which are available in the 2015 Baird Annual
Ortus Secured Finance, the London-based commercial lender, says it plans to double its commercial lending to UK leisure sector businesses within the next 12 months.
It also hopes to triple the size of its lending book in Northern Ireland – where its focus centres on commercial property needs – by the end of 2017.
Ortus Secured Finance specialises in lending to pubs, hotels, restaurants and nightclubs across the UK which require short-term finance. It provides asset backed loans to businesses looking to cover costs incurred through sudden spikes in demand or for bridging loans to provide interim capital while
BBH Capital Partners, the private equity arm of Brown Brothers Harriman & Co (BBH) has held final close of BBH Capital Partners V (CP V) with capital commitments totalling USD802 million, including more than USD110 million from the General Partner and Affiliates.
CP V – which was oversubscribed – exceeded its initial capital commitment target of USD600 million.
CP V is led by its Co-Managers – Partners Jeffrey Meskin and JP Paquin, and Managing Directors Bradley Langer and Michael Boylan – as well as two additional Principals, Managing Director Ivan Pirzada and Senior Vice President Richard Yeh. The Co-Managers have
Second Genome, a privately-held biopharmaceutical company developing medicines through microbiome science, has closed an oversubscribed Series B investment round with USD42.6 million in financing.
The round was co-led by Pfizer Venture Investments and Roche Venture Fund, and brings the combined total investment in the company to USD59 million. The round also included new investors Digitalis Ventures, Adveq, LifeForce Capital, MBL Venture Capital, and Mayo Clinic, as well as Series A investors Advanced Technology Ventures, Morgenthaler Ventures, Seraph Group, and individual investor Matthew Winkler, PhD.
The funds will be used to further expand the Second Genome Microbiome Discovery Platform in a
NorthEdge Capital has backed the management buyout of healthcare manufacturer, Direct Healthcare Services (DHS).
A specialist provider of pressure area care solutions, DHS works closely with tissue viability nurses to design and manufacture mattresses, cushions and overlays to enhance the quality of patient care across the UK.
Founded in 2009, DHS works with a range of healthcare clients, including acute and community NHS Trusts, and exports to over 20 countries worldwide. The company employs over 80 staff and in 2015 expanded its manufacturing facility by 40 per cent to 45,000 sq ft and invested in new state-of-the-art machinery in
Bridgit, a specialist in construction project management software, has closed a USD1.7 million (USD2.2 million CAD) seed round led by Hyde Park Venture Partners with participation from Vanedge Capital.
Bridgit, based in Canada’s technology hotbed of Kitchener-Waterloo, Ontario, plans to use the funding to hire new engineers and salespeople and acquire more customers in the United States.
“The construction industry has been slow to adopt to new technology, but as we talk to residential and commercial builders, it’s clear they are hungry for technology that lowers cost, simplifies processes and make it easier to get their jobs done,” says Mallorie
Beijing-based Yummy Express, China's leading O2O solutions provider offering logistics and operations services, has completed USD10 million of Series C Financing, led by private equity firm ClearVue Partners.
ClearVue Partners is the lead investor along with co-investor SBCVC. This financing will help continue to position Yummy Express as the leading trusted O2O solutions provider in China.
Yummy Express Co-founders Yu Yang, Yang Shuyi and Ba Zhen all come from DHL and YCH, and have a wealth of experience in logistics and delivery in China. Leading takeout O2O platforms and large catering merchants require nationwide logistics service providers in order to
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
