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QuadFi, a mission-driven global fintech firm headquartered in Canada, has agreed a new financing facility of up to $100 million ith Crayhill Capital Management, a New York-based minority-owned private credit manager.
The facility will be used by QuadFi to provide personal loans to people with limited credit history, but with a strong current income and a bright financial outlook, including young people and immigrants.
Global investor services group IQ-EQ, an Astorg portfolio company, has completed the rebrand of its US-based group companies – Blue River Partners LLC, Constellation Advisers LLC, Concord Trust Company, and Greyline Partners – as IQ-EQ.
Bringing each of these individually successful firms together under the IQ-EQ brand means IQ-EQ’s service offering is now available to the group’s US-based clients looking to do business either in the US or exploring commercial opportunities more globally.
Gold House, a premier collective of Asian and Pacific Islander (API) leaders, has launched a $30 million fund — Gold House Ventures — to invest in company founders of API descent.
Gold House Ventures invests across industries and stages — always in partnership with global investors. Investing partners include Accel, Alley Corp, Bain Capital, Basis Set, Bling Capital, CircleUp, Coatue, Decibel, Eniac, Floodgate, General Catalyst, GGV, Goodwater, Graph Ventures, Imaginary Ventures, Juxtapose, Lightspeed, Maveron, Mayfield, NEA, Northzone, Tribe, Trinity, Upfront, Wing VC, and Xfund.
Gold House Ventures’ investors include C-suite executives of major corporations; successful API founders (Binance Labs, YouTube,
Groupe Bruxelles Lambert (GBL) is to acquire a majority stake in Sanoptis, a network of ophthalmology clinics across Germany and Switzerland, from Telemos Capital (Telemos).
GBL is committing up to €750 million in equity for this transaction. As part of the deal, the incumbent management team will increase its stake in the company by way of a substantial reinvestment.
This transaction marks GBL’s second consecutive private investment in the healthcare sector in 2022.
Capitolis, a technology company reimagining capital markets, has made a series if key strategic hires and notable promotions in its New York and Tel Aviv offices.
Lindsey Baptiste has been promoted to Chief Financial Officer. During her time at Capitolis, she has played a key role in managing the company’s Series C and D investment rounds, LMRKTS acquisition and integration activities, and building the global office space.
Thomas Droumenq joins as Head of Capitolis’ Ionic Product, focused on the management and continued growth of the company’s revolutionary platform that enables financial institutions to finance and structure portfolios of positions in
Futr, a live chat and customer service chatbots specialist, has secured new funding from Blackfinch Ventures, a technology venture capital firm, and existing investors to continue its mission of using artificial intelligence to disrupt the delivery of customer service.
The investment, worth a total of £2.1 million, sees Blackfinch Ventures, join Praetura Ventures and the British Robotics Fund in supporting Futr. With cutting edge technology, an exceptional team and a growing and diverse customer base, this new round of funding is testament to Futr’s proven success.
Futr will use this new investment to continue its mission to disrupt how customer
The past decade has supported the venture capital market generally, but there has been a disproportionate impact on female-founded companies seeking funding…
O2 Investment Partners has appointed William Laffrey as the firm’s newest Associate.
Funds managed by affiliates of Apollo have acquired Tony’s Fresh Market (Tony’s), a Chicago-based grocery retailer.
Established in 1979, Tony’s is a specialty grocer that offers high-quality, affordable groceries with an inclusive assortment aimed at the diverse communities it serves. A large selection of fresh produce, extensive multicultural offerings and a wide range of prepared foods gives Tony’s a differentiated position in the market.
Across its platform, Apollo has an extensive and successful track record investing in grocery companies, including leading franchises such as The Fresh Market, Sprouts Farmers Market, Smart & Final, Albertsons and more, through both past
VG, one of Jersey’s largest independent providers of trust, corporate and fund solutions, has reshaped its senior funds team with Trevor Norman announcing his retirement from his role as director of VG, with effect from 30 April 2022, after 33 years with the company.
Norman joined VG in 1988 and most recently headed up the company’s funds and Islamic finance team, as well as overseeing both client-facing and internal matters. During his tenure Norman has been involved in several innovative transactions, including the first Jersey domiciled Shariah-compliant fund in 1996 and an award winning Islamic financial leasing (Sukuk) transaction in
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