Managers
Berkery Noyes has represented True Potential, an integrated investor and wealth management technology platform serving advisers and retail clients, in its growth equity investment from FTV Capital.
Founded in 2007 and headquartered in Newcastle-upon-Tyne, True Potential is one of the fastest growing and most innovative financial services groups in the UK.
For financial advisers, True Potential’s integrated MinorityShareTo technology platform delivers a full wealth management solution designed to streamline the entire investment process, featuring front to back end capabilities such as client on boarding, fee and commission reconciliation, client servicing support and a state-of-the-art client portal.
True Potential
Early stage venture capital firm Lightspeed Venture Partners has held the closings of Lightspeed Venture Partners XI (Fund XI) with USD715 million of committed capital and Lightspeed Venture Partners Select II (Select Fund II) with USD500 million of committed capital.
The new core fund is a continuation of Lightspeed's focus on supporting exceptional entrepreneurs in the Enterprise and Consumer sectors primarily in Seed, Series A and Series B rounds. For over two decades, Lightspeed partners have backed over 250 entrepreneurs that have pioneered and led new markets including, AppDynamics, DataStax, Fusion-io, Giphy, Grubhub, The Honest Company, MuleSoft, Nest, Nicira, Nimble
Harris & Harris Group, an investor in transformative companies enabled by disruptive science, is to begin offering limited numbers of accredited investors the opportunity to co-invest with with teh firm in its portfolio companies through a newly-formed co-investment fund that will be managed by Harris & Harris Group.
“A consistent question we heard from our shareholders and other attendees at our Meet the Portfolio Day events and in other conversations was, 'Can I invest directly in your portfolio companies?' As our portfolio companies grow, we have rights to invest in future rounds of financing if we so choose,” says Douglas
AlphaSense, provider of the AlphaSense search engine for financial professionals, has secured USD33 million in growth capital from Tribeca Venture Partners, Triangle Peak Partners, and Quantum Strategic Partners – a private investment vehicle managed by Soros Fund Management – as well as notable individual investors such as Tom Glocer, formerly CEO of Thomson Reuters.
AlphaSense launched its service in 2011 and today serves more than 400 investment firms, banks and corporations globally. AlphaSense will use the new capital for product advancement and for accelerating its growth in serving its core investment research and corporate intelligence markets, as well as its
Babson Capital Management, its subsidiaries Cornerstone Real Estate Advisers and Wood Creek Capital Management, and Baring Asset Management Limited, are planning to combine operations under the Barings brand.
The combination will create a global, multi-asset investment management firm with over USD260 billion of assets under management, offices in 20 countries, and over 1,700 professionals. The firm will be led by Tom Finke, current Chairman and CEO of Babson, and will be headquartered in Charlotte, North Carolina.
David Brennan, Chairman and CEO of Barings, who will retire as planned during the summer of 2016, says: “This is an exciting opportunity
It's a great time to be a borrower, with 63 per cent of direct lenders and 55 per cent of banks reporting that they have higher acquisition finance lending targets this year, according to the DLA Piper European Acquisition Finance Debt Report 2016.
However, the report, which polled more than 300 participants in theEuropean debt markets, found that only 47 per cent expect actual deal activity this year to overtake that of 2015, with a further 47 per cent expecting it to stay the same and as such competition between lenders is set to increase.
David Miles, Head of
Midlands-based Paintbox Group, a full service supplier of premium exterior systems and advanced painting and finishing solutions to the automotive industry, has secured a significant investment from BGF (Business Growth Fund) to help fund a new robotic production line and support longer-term growth.
Founded in 1989 to provide services to the Formula 1 industry, its customers now include Rolls Royce, Bentley, Aston Martin and Jaguar Land Rover. Paintbox operates three robotic and four manual paint production lines across its manufacturing sites in Birmingham and Banbury, employing more than 300 people and with an annual turnover close to GBP50m.
The
Aprea AB, a clinical-stage biotechnology company developing novel anticancer therapies targeting the tumour suppressor protein p53, has completed a Series B financing round, raising EUR46 million (approximately USD 51 million).
The international syndicate was co-led by Versant Ventures and 5AM Ventures, with participation by Sectoral Asset Management. HealthCap acted as the local lead investor. Aprea's main shareholder is KDev Investments AB, an investment vehicle owned by Karolinska Development AB.
The funds will be used to advance the clinical development of lead program APR-246, a first-in-class anticancer compound reactivating the tumour suppressor protein p53. Aprea is completing the Phase Ib
IndiaMART, India’s largest online marketplace, has closed a Series C funding round led by Amadeus Capitalwith participation from Westbridge Capital, the Accion Frontier Inclusion Fund, managed by Quona Capital, and existing investor to Intel Capital.
The Company will use the funds raised to further strengthen its leadership position in the B2B segment by scaling up Indiamart.com along with Tolexo.com and ultimately assist more of India’s entrepreneurs to launch businesses, restock their shelves and connect with more business opportunities.
Dinesh Agarwal, Founder and CEO, IndiaMART, says, “As pioneers in this field, we understand that there lies a huge untapped opportunity with Indian MSMEs as well as big corporate
Triloma EIG Global Energy Term Fund I has begun investment operations with an investment in senior secured notes issued by Sabine Pass Liquefaction (Sabine Pass).
Sabine Pass is a project company formed to own, develop and operate natural gas liquefaction facilities in Cameron Parish, Louisiana. The notes, which mature on 15 March, 2022, are secured by a first lien security interest in substantially all of the assets of Sabine Pass. The project is supported by fixed price, 20-year liquefied natural gas (LNG) sale and purchase agreements with investment grade counterparties. In February 2016, the project achieved a milestone when the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
