Managers
UK venture capital investor Albion Ventures has led a GBP1.65m funding round in the mobile fan engagement and sports marketing company InCrowd Sports. Albion Ventures is investing alongside Sky and a number of angel investors.
The management team is led by Aidan Cooney who previously set up the world’s leading sports data company, Opta, also backed by Albion Ventures. He is joined by two former IMG executives and a technology group borne out of the University of Sussex Innovation Centre.
InCrowd develops mobile apps for professional sports clubs underpinned by the unique technology solution developed by the team at
BlackRock has completed an initial close for its latest renewable power fund, Renewable Income Europe, with EUR275 million in commitments secured from a range of institutional investors from Europe and Asia.
Renewable power generation has been a leading source of investment flow within infrastructure over the last five years. BlackRock expects this trend to continue, increasing the need for capital to finance a rapidly evolving power generation sector.
Rory O’Connor, Head of European Investment for BlackRock Renewables and manager of the fund, says: “Renewable energy has become a mainstream asset class within infrastructure. Demand for renewables in developed countries
2015 was a good year for VCTs in performance terms with the average VCT up 9 per cent to 31 December 2015, whilst the fundraising for the tax year 2014/15 was GBP429 million, the fourth highest ever.
The VCT sector is also meeting investor demands for income, with the VCT sector average yield being 8.6 per cent at 31 December 2015.
However, with rule changes having recently come in to effect, how will these impact VCTs and what is the outlook for the sector in 2016?
Interestingly, VCT fund raising for the current tax year is just slightly
Lewis & Clark Ventures, a venture capital firm founded by Tom Hillman, has raised USD104 million for a new fund that has already begun making investments in high growth companies across the Midwest.
“We are entrepreneurs and have grown successful businesses,” Hillman says. “Our model is to pass on our experience by building mentoring relationships with people and help to guide and accelerate their growth.”
The new fund will focus primarily on Series A and B round venture capital investments in the size of USD3 to USD7 million to high growth companies. “We are interested in companies with customers
FRP Advisory, the business advisory firm, has acquired Litmus Advisory, the debt advisory firm and specialists in structuring finance for companies and private equity firms looking at asset based lending (ABL).
The arrival of a specialist debt advisory team is part of FRP Advisory's continued incremental expansion of its services from offering both restructuring solutions for companies, lenders, and investors to advice for companies looking to raise finance as part of an organic growth or mergers and acquisitions strategy.
The three directors of Litmus Advisory, Dave Edwards, Nick Grainger and Andy Dimmock, join FRP Advisory as partners based in the firm's London office. They will continue to
State Street Corporation’s GX Private Equity Index(PEI), a benchmark for comparative analysis of private equity performance, saw an overall return of -1.37 per cent in Q3 2015, it’s first fall in three years.
“The third quarter marks an abrupt end to an uninterrupted, 12-quarter streak of positive returns, the longest winning streak in the 20-year history of our Index,” says Will Kinlaw, senior vice president of State Street Global Exchange. “With growing uncertainty about the global economy and a big spike in public capital market volatility over the past six months, it’s no surprise that the private equity market is
Chubb has created a new Private Equity Practice to provide specialised insurance solutions to US and Canadian private equity firms and their portfolio companies.
Seth Gillston, the Executive Vice President who previously had been named to lead the practice, will manage a team of underwriters with deep industry knowledge and M&A expertise. The team will deliver a broad suite of products and services in the following areas: Primary Casualty (guaranteed cost and loss sensitive); Foreign Casualty; Excess Casualty; Middle Market Package (with global capabilities that can be tailored to industry segments); Property and Specialty; Environmental; Professional Liability; Management Liability; Surety;
BGF (Business Growth Fund) has exited its investment in Plastique, a manufacturer of thermoformed plastic and pulp packaging after the company was acquired by TEQ, an Illinois-based thermoformed packaging company and subsidiary of NYSE-listed ESCO Technologies, for an undisclosed sum.
Minority shareholder BGF invested GBP5 million in Plastique in July 2014. The company designs and manufactures packaging for customers in the personal care, household products, pharmaceutical, food and broader retail markets. With BGF’s support, Plastique became the first European manufacturer of smooth surfaced thermoformed pulp packaging.
Headquartered in Tunbridge Wells, Plastique invested BGF’s capital to build its thermoformed pulp
The Novo 2 Fund, which is managed by Tikehau IM, has finalised its participation in a Euro PP private placement for the Laboratoire Français du Fractionnement et des Biotechnologies (LFB). The Fund invested EUR25 million in this EUR124 million unlisted bond issue maturing in 2023.
LFB, a public-sector corporation, was established in 1994 and is now wholly owned by the French state. It develops, manufactures and sells biomedicines to treat serious and often rare diseases in the fields of immunology, hemostasis, prenatal disorders and intensive care.
As the French leader and number six player worldwide in plasma-derived medicines, LFB
Chinese venture capital firm Qiming Venture Partners (Qiming) has held the closing of Fund V, its fifth US Dollar venture capital fund with USD648 million in commitments.
This fund continues Qiming's strategy of funding innovations through outstanding Chinese entrepreneurs in the Information Technology, Internet and Consumer (Intersumer), Healthcare, and Cleantech sectors. Qiming's assets under management now is USD2.5 billion after its debut in 2006.
Qiming's portfolio includes over 160 investments distributed among its targeted sectors. Qiming Venture Partners invests in early-stage and expansion-stage deals, with over 50% of its investments in early stage companies.
Qiming takes great pride
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
