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

Runway Growth Capital (Runway), a provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, has closed a senior secured term loan commitment of USD13 million to Dejero. Decor is a telecommunications aggregator of diverse connectivity paths including LTE and 5G cellular, satellite and broadband to deliver enhanced reliability, expanded coverage, and greater bandwidth using cloud-based technology. The senior secured loan welcomes Dejero back to the Runway portfolio and continues the firm’s commitment to their growth.

Pemberton, an alternative credit specialist, has provided financing facilities supporting Pamplona Capital Management’s (Pamplona) acquisition of a majority stake in EET Group (‘EET’). This transaction represents Pemberton’s second investment with Pamplona as well as its third investment in the Nordic region over the last 12 months. Following Pemberton’s approach to ESG, the facilities include incentive mechanisms to encourage ESG-positive business practices.   Founded in 1986 and headquartered in Denmark, EET is a value-added distributor of specialist technology components and solutions with a growing presence across Europe. Active in 24 European countries, EET’s technical salesforce sells branded and private label products

Wild Cosmetics, a design-led personal care start-up which pioneered the UK’s first plastic-free refillable deodorant in 2019, has closed GBP5 million in additional funding from existing investors to double down on its mission to remove single-use-plastics and unnecessary chemicals from everyday bathroom routines.