Managers
Mercer Global Advisors, Inc (Mercer Advisors), a national Registered Investment Adviser (RIA), has acquired Lake Point Wealth Management, LLC dba Lake Point Advisory Group (Lake Point), a wealth management firm located in Dallas-Fort Worth, Texas.
White Oak Global Advisors, LLC (White Oak) has successfully completed fundraising for White Oak Yield Spectrum Fund V (the Fund) and other associated vehicles with over USD1.3 billion of total committed capital. An additional commitment of up to USD1.0 billion was received for investments in specialty finance with a focus on asset-based lending.
The capital for Fund V was raised from institutional investors worldwide with significant support from pension funds, insurance companies and other institutional investors.
Andre Hakkak, Co-Founder and CEO at White Oak, comments: “We are grateful to our investors who have continued to support us through new
Professional services firm JTC has acquired perfORM Due Diligence Services (perfORM), a provider of due diligence services to a diverse base of UK and international asset allocators and investment managers.
Launched in 2019, perfORM was set up as an Operational Due Diligence (ODD) business to provide solutions to asset allocators (including pension funds; wealth managers; family offices; fund of funds; asset managers; and endowments) across private credit, private equity, real estate, infrastructure, hedge, crypto and digital assets, and long only funds.
This acquisition forms part of JTC’s ongoing strategy of continuously developing its well-established fund solutions capability to add
Resistant AI, a SaaS-based AI and machine learning security company that protects financial services from manipulation, fraud and financial crime, has secured USD16.6 million in Series A funding.
GV (formerly Google Ventures) led the Series A, with participation from existing investors Index Ventures (led by partner Jan Hammer), Credo Ventures (led by Ondrej Bartos and Vladislav Jez) and Seedcamp, as well as several angel investors specialising in financial technology and security. The funding will be used to meet increasing demand from global financial institutions and to build out Resistant AI’s product, engineering, and sales operations teams beyond Prague, London and
Scorechain, a provider of crypto risk-AML and compliance solutions, has closed a pre-Series A funding round of EUR2 million led by Tioga Capital (Luxembourg) and followed by Blockrocket (Germany) and CVVC Crypto Valley (Switzerland).
Global tax software provider Sovos is to acquire Digital Planet, which provides cloud compliance solutions for continuous transaction controls (CTCs), including e-invoicing, e-receipts, e-delivery note and e-ledger.
Upon completion of this acquisition, Sovos will expand its Istanbul-based product development center of excellence in support of a growing base of channel partners, small-and-medium-sized businesses (SMB), and large enterprise customers in Turkey and across the region.
Turkey is one of only a few countries outside of Latin America with mature e-invoicing and digital tax and regulatory mandates. Following its 2019 acquisition of Foriba, Sovos established its European centre of excellence in
K2 Management (K2M), a leading renewable energy engineering and project management consultancy, has worked as owner’s engineer on the final phase of a vast renewable energy project in Vietnam, which has incorporated the development of the country’s largest salt production facility, powered by wind and solar.
Commercial operation has begun at the 22-turbine wind farm in Ninh Thuan, a joint venture between AC Energy and BIM Group.
Completion of this particular onshore wind project is the final milestone of a significant technical challenge to build a wind farm in a salt production hub, covering an area of 2,500 hectares. The
As part of a new partnership with AirPortr – a digital platform and provider of intelligent baggage management solutions – Swiss International Airlines (SWISS) is now offering passengers departing from Geneva Airport the option of having their baggage collected at home through the AirPortr service.
By booking online, SWISS passengers can have their bags securely collected up to 23 hours prior to departure from their home or hotel and delivered on to the destination airport. The service is available across the Lemanic Region, including Geneva, Nyon, Montreux and Lausanne, (with prices from CHF39 in Geneva or CHF59 in Lausanne), and
British satellite scale-up Satellite Vu, founded in 2016, has successfully raised GBP15 million (USD20.7 million), as it looks to ramp up its plans to launch seven thermal and infrared imaging satellites into space that will be able to provide real-time data on how green every building on the planet is.
Satellite Vu’s latest funding round of GBP15 million (USD20.7 million), which was oversubscribed, was led by the Seraphim Space Investment Trust Plc, the world’s first listed Space Tech Fund. Also investing in the round is Draper Esprit; A/O PropTech, Europe’s largest proptech VC; Ridgeline Ventures; Earth Science Foundation; E2MC Ventures
Fremman has acquired a majority stake in Palex, a distributor of high value-added MedTech equipment and solutions, from Ergon Capital Partners IV SCSp (Ergon) and Corpfin Capital (Corpfin), who will both remain as minority shareholders in the business.
Headquartered in Barcelona (Spain) and founded in 1955 by the Knuth family, Palex is the leading distributor of high value-added MedTech equipment and solutions for public and private hospitals and laboratories in Spain and Portugal. The Company leverages on a unique business model offering a wide product portfolio with over 130,000 references from +550 blue-chip suppliers, primarily distributed under exclusivity contracts, to
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm