Sólides, a Brazil-based  HRTech for small and medium-sized companies, has secured USD100 million in a Series B round led by Warburg Pincus. This is one of the largest capital raises by a technology company focused on human resources management in Latin America to-date. This is the second round of investments by Sólides. The first round – of BRL14 million – was carried out by DGF Investimentos in 2019 and paved the way for the company to compete for leadership in the national market.

Social and Sustainable Capital (SASC) has expanded its senior team with the appointment of experienced finance professional, Simon Sotomey as Chief Financial Officer to lead the finance and operations functions which were merged last year. Sotomey joined SASC in July 2021 as interim CFO and has now taken on the role permanently. He has substantial experience within financial services and has held senior positions spanning finance, operations, compliance and regulation.   Prior to joining SASC, Sotomey was Chief Financial Operating Officer at Hanson Asset Management holding Senior Management Functions including the Executive Director Function (SMF3), Compliance Oversight Function (SMF16) and

MindFi, an Asia-based corporate mental health and wellness platform, has closed an oversubscribed USD2 million seed funding round that saw participation from existing investor M Venture Partners and Global Founders Capital fund, a backer of Canva and Slack. Carousell co-founder Marcus Tan, Carro executive Kenji Narushima and Spin co-founder Derrick Ko also joined the round, among other prominent angel investors in US and Asia. The fresh funding allows MindFi to accelerate its AI-driven product development, localise in key markets, and further pursue its vision of “culturally competent” wellness in a region where cultural values such as interpersonal harmony, loss of

Flow, a provider of private market software solutions, has closed a USD20 million Series A round led by SVB Financial Group, the parent company of Silicon Valley Bank. Frontier Ventures, GFR Fund, HOF Capital, L’Attitude Ventures, WOCstar Fund, Mantis VC and several other investors also participated in the oversubscribed round. Flow simplifies fund formation and management with its transformative infrastructure software, which provides a platform for unrivaled insights, transparency and dialogue between fund managers and the broad ecosystem of investors, law firms, fund administrators, banks, and accounting firms. With more than USD5 billion in assets managed on the platform, Flow’s

CVC Credit has provided unitranche debt facilities to support the growth strategy of German pet food business AlphaPet. CVC will support the ongoing organic and acquisitive growth of the business, including the recent acquisition of Arden Grange, a UK-based premium pet food brand, through the provision of a term loan as well as a committed acquisition facility.    Established in2016, AlphaPet has grown rapidly through both organic growth and scaled via acquisition. The addition of Arden Grange greatly complements the existing brands and expands the business’s footprint into new geographies.

Funds managed by Ares Management Corporation’s Alternative Credit strategy and Real Estate Group have acquired Capital Automotive (CARS) from a Brookfield private real estate fund for USD3.8 billion. CARS is a self-managed real estate company that provides highly tailored, sale-leaseback capital to automotive dealers in the US and Canada to support them in acquiring new locations and upgrading facilities. The company owns a diversified portfolio of over 250 high-quality, operationally essential real estate assets that are structured as long-term triple net leases.   Ares’ dedicated net lease investment team brings deep industry experience combined with an integrated operating platform. The