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Alpha Development, a specialist financial training provider, has secured substantial investment from BGF. The investment will support Alpha’s current growth plans, including further expansion into the United States, enhancement of Alpha’s product and go-to-market strategy.    Founded by Ian Dawson in 2003 but now headed by CEO Paul Monk, and with offices in London, New York, Singapore and Abu Dhabi, Alpha is dedicated to developing the careers of financial professionals worldwide.   Its core product is specialist Early Careers, Sales, Management & Leadership development for blue-chip financial services institutions, including the world’s top Investment Banks.
The North East Development Capital Fund (NEDCF), supported by the European Regional Development Fund and managed by Maven Capital Partners (Maven), and Gresham House Ventures (GHV), has completed a GBP3 million funding round for RevLifter, an AI-powered technology platform that enables brands to achieve their eCommerce goals through personalised deals and content. The transaction is split evenly between NEDCF and GHV.    In 2020 the Maven VCTs and GHV co-led a GBP3.3 million Series A funding round for RevLifter to support the rapid expansion of the business as it capitalised on several new growth opportunities driven by changing consumer behaviours
Clayton, Dubilier & Rice has appointed Marta Benedek as European Director of the Portfolio Company Procurement Program. Benedek will work with the supply chain and procurement leaders at the Firm’s European portfolio companies to create value through optimized supply chain. Benedek joins CD&R after a 20-year career at General Electric, bringing deep expertise in establishing low cost suppliers in emerging regions, strategic negotiations, new product launches and supply chain operations. Most recently Benedek served as New Product Launch Program Manager at GE Renewable Energy, where she developed and executed the risk mitigation strategy to ensure a successful on time launch
FlapKap, a company focused on e-commerce and SaaS growth in the MEA region, has completed a USD1.2 million funding round led by A15, a MENA venture capital firm, and one of the most prominent backers of early-stage start-ups in the region. FlapKap is a regionally contextualised version of Clearco and Wayflyer and the first company of its type in the Middle East.  Its primary value propositions are twofold: first, it offers online businesses AI-based insight to help them optimise their advertising spend and maximise profits. Then, it offers these businesses revenue-based flexible payment terms, on that advertising spend, to ensure
Willkie Farr & Gallagher (Willike) has appointed Patrick J Sandor as a partner in the firm’s San Francisco office, where he will be part of Willkie’s Private Equity Practice Group. Sandor was previously a partner at Wilson Sonsini. His arrival follows the addition of private equity partners Ray LaSoya and Joe Kaczorowski, who joined Willkie’s Los Angeles office in February.    Sandor’s practice is focused on private equity buyout and investment transactions, including mergers and acquisitions, leveraged buyouts, spin-offs and carve-outs, restructurings and recapitalisations, and growth and later-stage financings. He represents many leading private equity funds and their portfolio companies,
The Riverside Company, a global private investor focused on the smaller end of the middle market, has promoted Jason Fulton to Partner at the Riverside Capital Appreciation Fund (RCAF). Fulton, who has worked for Riverside in the US and Australia, was previously a Principal at RCAF. Fulton has been an integral part of the leadership team on the firm’s recent investments in: Abracon, Clinical Education Alliance, HMI Glass, iCEV and Red Nucleus. Since joining Riverside in September 2011, Fulton has been involved in or led eight portfolio company investments, five exits and 27 add-on investments. Launched in 1988, the Riverside
Menlo Ventures has appointed Kandace Elam as Director of GTM Talent with a focus on cultivating relationships with top sales and marketing executives across the firm’s focus areas – SaaS, infrastructure, and cybersecurity. Elam comes to Menlo with deep experience in go-to-market recruitment and has already placed top executives at several of the firm’s most prominent portfolio companies, including Poshmark (NASDAQ: POSH) and Benchling.  Prior to Menlo, she spent the past decade as an executive recruiter at Daversa Partners, building management teams for venture-backed startups, growth equity deals, and public companies. Most recently, she was Head of Talent Network for
The first HEC Paris – Dowjones MidMarket Buyout Performance Ranking, which has just been released, is a follow–up study to the already established, and informative HEC – DowJones Large Buyout Private Equity Performance Ranking which lists the world’s large Top Private Equity (PE) firms in terms of aggregate performance. With the new ranking, HEC Paris Professor Oliver Gottschalg, the study’s main author, wanted to address the lack of attention given to companies and investors targeting MidMarket firms which, according to the US Department of Commerce, are businesses with pre-tax earnings between USD5 million and USD250 million. The ranking lists Private Equity
Decentriq, a Swiss enterprise SaaS platform providing the most secure and compliant data clean rooms, has closed a USD15 million Series A funding round led by Eclipse Ventures. Existing investors Atlantic Labs, btov Partners, and Paladin Capital Group also participated in the round.  Decentriq will use the investment to further accelerate the development and commercialisation of its data clean rooms based on AI, state-of-the-art encryption and privacy-enhancing technologies (PET). The funding will also be used to expand the types of analytical tools available on the platform, such as Python, R and machine learning, as well as PET features like synthetic
Lawyers from Carey Olsen’s corporate and investment funds practice in Jersey have acted for Falko Regional Aircraft Opportunities Fund LP and Falko Regional Aircraft Opportunities Fund II LP (the Jersey Funds) in relation to a proposed sale by affiliates of Fortress Investment Group LLC (Fortress) of Fortress’ equity interests in those funds to Chorus Aviation Inc (Chorus). The sale, which is valued at approximately USD855 million (including debt and cash assumed), includes Falko’s asset management platform and equity interests in 126 owned and managed regional aircraft. The combined company will have a total of 353 owned, operated, and managed regional

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