Managers
Cavendish Asset Management, which runs the only AIM OEIC in the market, has reviewed the AIM market for 2014. Peter Renton, Equity Analyst at Cavendish comments,
The past year has been a tremendous success for the IPO market on AIM, with 79 new companies floated on the exchange during the year – the highest number of IPOs since 2007, and 30% more than in 2013.
That’s according to Cavendish Asset Management, which runs the only AIM OEIC and has reviewed the AIM market for 2014.
Peter Renton, Equity Analyst at Cavendish, says: “More than GBP2.6 billion in new capital was
Online money transfer service WorldRemit has raised USD100m in a Series B funding round led by Technology Crossover Ventures (TCV), with participation from existing investor Accel Partners.
WorldRemit is a global leader in smartphone and web-based money transfers – providing a convenient, low-cost alternative to expensive brick-and-mortar agents.
The company enables a growing share of the USD550bn in remittances sent each year by expatriates and migrant workers to their homelands.
This investment will allow WorldRemit to extend its existing reach of 50 send countries and 117 receive countries, and expand partnerships with Mobile Money wallets operated by telecoms companies in
Shopa (www.shopa.com), the social shopping site where customers can discover, share and buy products they love, has completed a USD11 million series A funding round.
UK venture capital firms Octopus Investments (which backed Zoopla, YPlan and SwiftKey) and Notion Capital (which funded Shutl and Duedil) led the fund raising. Shopa is now planning to roll out its ocial shopping technology in China and India after launching in the UK and US.
Peter Janes, Founder and CEO of Shopa, says: “Combining online shopping with the power of social is the holy grail of ecommerce, yet many brands are failing to fully
A group of investors led by Lakewood Capital and including existing management has acquired Vacuum Systems International, Inc. through a newly formed entity, VSI International (VSI).
Founded in 1994, VSI is a unique value added provider of cost saving and sustainable equipment remanufacturing and fleet rotational programs utilised by large multi-location concerns. The Company manages commercial vacuum cleaners and steamers used in 72,000 facilities, and has the capability of servicing nearly every major brand of commercial vacuum cleaner in the world.
Diana Richards, founder of Vacuum Systems, says: "Partnering with Lakewood will provide our management and employees with the
Private equity firm Solis Capital Partners (Solis) has partnered with venture capital firm Innovate Partners to acquire an equity interest in Lindora, a provider of medically supervised weight loss and weight management programs.
Founded by Dr Marshall Stamper in 1971, Lindora has more than 40 years of success providing comprehensive and personalized medical weight loss and weight maintenance programs to clients across North America. Its success is accomplished through its online programs and clinic locations across California using a combination of medically guided diet, moderate exercise and coaching.
"Lindora has a longstanding track record of using its proven, medically supervised,
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has been named as an Elite Services Provider (ESP) on 2015 CRN Managed Service Provider (MSP) 500 list.
This annual list distinguishes the top technology providers and consultants in North America whose leading approach to managed services enables their customers to improve operational efficiencies, elicit greater value from their IT investments and successfully leverage technology to achieve greater competitive advantage.
In today’s world of outsourced IT, the expertise of MSPs has become increasingly important to organisations. The plethora of choices in terms of consumption
SS&C Technologies Holdings has completed completion of Annex IV filing for over 50 Alternative Investment Fund Managers (AIFMs) and 300 Alternative Investment Funds (AIFs).
SS&C GlobeOp filed with multiple Nationally Competent Authorities (NCAs) across Europe, including the key jurisdictions of Luxembourg, Ireland and the United Kingdom.
“We use extensive regulatory reporting expertise and infrastructure to help customers overcome the immense challenges of data aggregation, jurisdictional differences, complex calculations and short time periods,” says Michael Megaw, Managing Director, Regulatory Solutions Group. “This approach has given our clients the ability to meet their Annex IV deadlines without significant drain on internal
Private equity group ACE & Company has held the final closing of ACE Angel Partners with total equity commitments close to USD15 million.
The fund seeks to generate active returns by investing at an early stage in promising technology companies, targeting high growth markets. ACE Angel Partners invests in companies headed by visionary entrepreneurs with proven managerial skills, like Eric Migicovsky, CEO of Pebble, a company that has sold over one million smartwatches to date. These are predominantly technology companies that solve a problem, address large markets, have the potential to disrupt traditional industries and respond to immediate market needs.
Actis has launched a pan-African renewable energy generation platform, Lekela Power in partnership with wind and solar developer Mainstream Renewable Power which will own 40% of the platform.
Lekela Power is the eighth such energy platform Actis has created, following a proven replicable strategy of aggregating energy assets into scalable regional platforms. This focused approach was most recently demonstrated in the development of Ostro Energy, a renewable energy platform which Actis launched in India last week. Actis’s other energy platforms include Globeleq Mesoamerica in Central America, Aela Energía in Chile, Atlantic Energias Renováveis in Brazil and Mexico’s Zuma Energía. This
Recent research by the Institutional Limited Partners Association (ILPA) has highlighted growing discontent with the implementation of the Alternative Investment Fund Managers Directive (AIFMD) within the European Union (EU). Though the legislation set out to enhance oversight and standardise regulation across the EU, a significant majority of Europe-based investors feel they have been directly disadvantaged as a result, citing reduced international competitiveness as a key concern. In November 2014, Preqin conducted similar research, surveying 260 private equity and venture capital fund managers; 27% of respondents believed regulation to be the biggest challenge they face in 2015.
Preqin’s Fund Manager Profiles
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
