Managers
The month of March proved to be an extremely successful one for Newable Ventures, the UK’s leading early stage investment network, which deployed circa GBP2 million in six companies to round off a busy financial year, which also saw the group secure GBP10 million from British Business Investment’s Regional Angel Programme.
Closing these six deals in March saw a “record level” of angel participation according to Newable Ventures Director Sanjeev Gordhan who comments: “such strong levels of participation in the early stage investment market bodes well for the Fund and angel network moving forward”.
Among the investments is QLM.
Deep Instinct, the first company to apply end-to-end deep learning, based on the only purpose-built deep learning framework for cybersecurity, has raised USD100 million in Series D funding.
The Deep Instinct platform can predict, prevent, and analyse cyberattacks at any touchpoint of the organisation from the endpoint through to the network. This round was led by funds and accounts managed from BlackRock, with participation from Untitled Investments, The Tudor Group, an investment by Anne Wojcicki, and existing investors, including Millennium, Unbound, and Coatue Management, among others. This new capital doubles the investment to date, bringing the total funding to
Canadian Hospital Specialties Ltd (CHS), a specialty distributor and manufacturer of medical and surgical products, has received a strategic investment from Flexpoint Ford (Flexpoint), a private equity investment firm specialising in the healthcare and financial services industries. Previously majority-owned by affiliates of Cortec Group, CHS will continue operating as an independent company led by CEO Mike Canzoneri and the company’s current management team, who will continue to be owners in the business. The company will remain headquartered in Oakville, Ontario.
Founded in 1967, CHS is one of the most well-respected providers of innovative medical products and customised patient care solutions
EQT has held the final close of EQT IX at EUR15.6 billion in fee-generating assets under management, marking EQT’s first key fund closing since EQT AB’s public listing in 2019.
EQT IX was launched in January 2020, made its first investment in July, and is currently 40-45 per cent invested.
The Fund size is significantly larger than its predecessor fund, EQT VIII, as a result of a strong and undiminished demand from both existing and new investors. It further solidifies the continued support for EQT’s active ownership approach and strategy to invest with the megatrends and themes that have been
Satellite Vu has raised a GBP3.6 million (USD5 million) seed round led by Seraphim Capital to launch the world’s first satellite constellation capable of imaging the thermal footprint of any building on the planet every one-two hours.
Rock Mountain Capital (RMC) has made a significant minority investment in Spark Orthodontics (Spark), a specialty orthodontics platform with 10 locations in rural/suburban Pennsylvania.
The investment will support the company’s growth strategy focused on acquiring additional practices and locations in Pennsylvania and in new markets. Financial terms of the deal were not disclosed.
Spark was founded in 2010 by Dr Jason Hartman, DMD, MS, and the practice has served tens of thousands of patients since opening its doors. Spark is widely recognised as a leader in orthodontics. The company has grown to 10 locations through a mix of acquisitions and
Insurity, a leading provider of cloud-based software for P&C carriers, brokers, and MGAs, backed by GI Partners, has completed the acquisition of Instec.
Already a proven leader in providing core systems and analytics software to more than 300 P&C carriers, the addition of Instec to the Insurity family enables Insurity to further increase in-depth ISO-support to mid-size P&C carriers, enables it to expand into the USD40 billion program business, and broadens its offerings for MGAs. Instec is a market leader in providing cloud-based software and enterprise solutions to mid-size P&C carriers, MGAs, and specialty writers. Instec’s unique approach to insurance
A new report from eFront, the leading financial software and solutions provider dedicated to Alternative Investments, shows that private equity holding periods extended in 2020 to a record 5.4 years on average, at the same time as returns dipped.
The data also showed that investments held for longer periods tend to produce higher returns – though this was not the case in 2020.
Holding periods in private equity have increased significantly since 2010, rising from an average of 3.8 years to 5.4 years.
Returns generally rise as holding periods increase, with companies held for less than two years on average
Middle-market private investment firm Comvest Partners’ direct lending platform, Comvest Credit Partners, has held the final close of its latest flagship fund, Comvest Credit Partners V (CCP V), with over USD1.3 billion of equity commitments.
The fund has also secured credit facilities to increase its available capital.
To date, CCP V together with parallel funds and separately managed accounts, has provided credit to more than 35 new and existing portfolio companies.
Robert O’Sullivan, Managing Partner of Comvest Credit Partners, says: “We are pleased to mark the close of CCP V and are grateful for the strong support of both our
Endeavour Vision has closed Endeavour Medtech Growth II (EMG II) at USD375 million in capital commitments. The fund will pursue the same strategy as its predecessor: to support growth-stage medtech and digital health innovations that advance the standard of care and bring efficiencies to healthcare systems.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
