Managers
Dorado Systems, a national healthcare EDI platform, has closed a round of equity funding from Spring Lake Equity Partners.
"Dorado is thrilled to be partnering with the team at Spring Lake," said Ed Kennedy, Dorado's CEO. "Aligning with a private equity market leader is a testament to Dorado Systems' continued growth and success, and will allow the business to reach new heights."
This funding round will enable Dorado to drive forward in the healthcare and higher education markets. With Spring Lake's backing, the firm will add resources to support its burgeoning roster of clients, which includes the nation's premier healthcare
Atlanta-based Elite Crowdfund has launched a new crowdfunding platform designed to connect accredited investors with highly vetted early stage investment opportunities.
Elite Crowdfund users can invest in early growth stage firms in exchange for an equity share in the company.
Unlike some other equity-based crowdfunding platforms, Elite Crowdfund relies on quality, not quantity, and every company listed in the firm’s elite portfolio must meet stringent criteria and complete a thorough due diligence process, including an evaluation of its risk profile, likelihood of profitability and the ability to exit.
For a company to be included in Elite Crowdfund's portfolio of opportunities,
Morrison & Foerster advised Global Logistic Properties Limited (GLP), the leading provider of modern logistics facilities in China, Japan, and Brazil, on the syndication of 45 per cent of its interests in GLP US Income Partners I.
The syndication, to two leading global institutional investors from Asia and one from North America, closed on 26 October.
Morrison & Foerster’s deal team is led by Singapore corporate partners Eric Piesner and Shirin Tang, Washington, DC corporate partner David Slotkin, and Singapore associates Lip Kian Ang and Lisa Park. Advice was also provided by San Francisco corporate partner Ken Muller, New York
Law firm Howard Kennedy has advised Puma VCT 12 (managed by Puma Investments, part of the Shore Capital Group) on the launch of its 2015 prospectus.
This is the twelfth Puma VCT promoted and managed by the Puma Investments team and sponsored by Howard Kennedy. Puma Investments has a strong track record in providing funding to established businesses across the UK. Its principal focus is on capital preservation and generating stable returns for its investors.
Puma VCT 12 looks to raise £30m in this tax year. Puma VCT 11, launched in the 2013/14 tax year, raised over GBP30m, representing
Technology-focused private equity firm Francisco Partners is to sell Aesynt to Omnicell for USD275 million. Francisco Partners acquired Aesynt in October 2013.
“It has been a true pleasure to partner with the Aesynt management team to transform the business,” says Chris Adams, partner at Francisco Partners and chairman of the Aesynt board of directors. “Through significant investment in new products – particularly new enterprise medication management software – the team significantly revitalised the organisation and returned it to rapid growth.”
Aesynt enables health systems to reduce cost and improve patient safety through the integration, automation, and management of medication preparation and
CitySprint has completed the acquisition of Dartford-based Bexley Couriers, bringing the number of acquisitions made by CitySprint to twenty-one, since it received investment from UK mid-market private equity firm Dunedin in 2010.
It follows the acquisition of two Milton Keynes based logistics operations, CJ’s Logistics and Worldwide Logistics and Distribution, which took place earlier this year.
Since its establishment in 1988, Bexley Couriers’ diverse fleet has offered a range of local and national delivery services. The acquisition further strengthens CitySprint’s regional network, whilst giving Bexley Couriers’ customers access to CitySprint’s unrivalled network of 3,000 couriers, which can reach
Fund performance and industry dry powder is analysed in this extract from the Preqin Quarterly Update: Private Debt, Q3 2015.
Fig 1 displays the median proportions of committed capital called up by the end of the first and second investment years, among all private debt funds for vintage years 2006-2014. It shows that post-2008, the median proportion of capital called up during the first two years of investment is lower than before the financial crisis. This could be explained by recent fundraising success pushing up dry powder levels at a faster rate than available deals in a competitive marketplace.
Preqin’s Real Estate Online currently tracks 62 South Korea-based institutions that are actively investing in the real estate asset class, collectively representing USD2.5 trillion in total assets.
A large proportion of South Korea-based real estate investors are insurance companies (31 per cent) and banks or investment banks (27 per cent), with public pension funds (18 per cent) and asset managers (10 per cent) also making up notable proportions of the investor pool. With 85 per cent of the real estate investor population comprising these traditionally large institutions, it is unsurprising that nearly half hold more than USD15 billion in assets
Investors in AppBox Media, a UK based developer of mobile applications and video games, will have received Enterprise Investment Scheme (EIS) rebates of almost GBP1million. To date, GBP720,000 of EIS claims have been made, with a further 200,000 to be submitted before Christmas.
AppBox Media launched as a qualified EIS in July 2013.
The company launched its 5th round of fundraising on 14 September 2015 priced at GBP8.12 per Ordinary A Share of GBP1.00 each. The intention was to raise approximately GBP975,000 from institutional and private investors on the basis of a current Information Memorandum. As of today the company
KKR & Co is purchasing approximately 343,000 square feet, the top ten office floors, at 30 Hudson Yards and will relocate its corporate offices to the new office tower in 2020. 30 Hudson Yards is being developed by Related Companies and Oxford Properties Group.
Henry Kravis, Co-Founder and Co-CEO of KKR, says: “This is a unique opportunity to partner with world-class developers to create a new office to house KKR’s New York team and host our clients. This move will allow our teams to work together in a dynamic setting that promotes innovation and forward thinking. Related and Oxford are
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
