Latest News
On the back of the Bank of England interest rate announcement, Assetz Capital one of the UK’s largest peer-to-peer lenders, is predicting that both savers and borrowers will continue to turn to alternative finance companies in increasing numbers.
Unlike traditional banks, which will be hit hard by the interest rate reductions, P2P lending platforms such as Assetz Capital, remain largely untouched by the fluctuating financial markets and continue to offer the same rates to investors and businesses as they did prior to the referendum vote and today’s base rate decision. P2P investing is less geared to external factors and the
- 05/08/2016
Solar financing solutions provider Mosaic has secured an equity financing of up to USD220 million led by private equity firm Warburg Pincus. Core Innovation Capital and Obvious Ventures also participated in the round. Mosaic will use the funds to continue its rapid growth in the rooftop solar loan market.
Founded in 2010 by Billy Parish and Daniel Rosen, Mosaic provides financing to homeowners to purchase rooftop solar systems, which typically result in savings of tens of thousands of dollars in energy costs over the life of the system. Mosaic offers loan products and a technology platform that are built with
- 05/08/2016
Rothschild & Co Group has appointed M&A specialist James M (Jimmy) Neissa as Head of Rothschild & Co North America.
Neissa will lead the continued development of the North American business primarily focusing on Rothschild Global Advisory. The group also announced that Lee LeBrun, a widely respected M&A banker, will join Rothschild Global Advisory as Head of M&A in North America. Both Jimmy Neissa and Lee LeBrun will assume their positions in September.
Robert Leitão, Head of Rothschild Global Advisory, says: “We see a lot of opportunities to grow Rothschild & Co’s North American presence, building on our record performance
- 05/08/2016
A consortium of global investment firms are to make a substantial investment in GO-JEK, an Indonesian on-demand mobile platform.
This equity capital raise of over USD550 million, which represents the company’s latest round of financing, is comprised of leading investors including KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets, as well as existing shareholders and other international investors. Previous investors include Sequoia India, Northstar Group, DST Global, NSI Ventures, Rakuten Ventures and Formation Group.
The growth capital injection will help enhance the scale and quality of GO-JEK’s on-demand platform and application services, which have leading positions across multiple
- 05/08/2016
Everseen, the retail security AI company, has secured funding from MARCOL and other investors, to tackle the growing problem of product loss and shrinkage in the global retail industry.
Everseen uses advanced video analysis and artificial intelligence to reduce non-scans at the checkout by up to 90 per cent, a problem that costs retailers USD40 billion a year globally according to the Centre for Retail Research.
When goods are not scanned at the checkout, retailers’ supply chain systems do not see that a particular item has left the inventory. It’s only when stock checks happen that this loss is discovered.
- 05/08/2016
CVC Credit Partners has acquired Northport Capital TRS (Northport) from Resource Capital Corp througgh a partnership managed by CVC Credit Partners, supported by a fund advised by Coller Capital.
This will increase assets under management in CVC Credit Partners’ global direct lending strategy to approximately USD1 billion and complement its existing European strategy. The transaction will provide significant additional primary capital for the business to maintain its historic investment approach.
Northport is a direct lender that specialises in providing credit facilities to private middle market and lower middle market companies across North America. Northport has a strong investment track
- 05/08/2016
Mid-market private equity firm LDC has provided GBP37.5million of acquisition and development capital to accelerate the international growth of ByBox, a field service engineer logistics and supply chain technology solutions provider.
The transaction values the business at GBP105million.
Headquartered in Harwell, Oxfordshire, ByBox provides technology-enabled locker-based solutions to help more than 250 blue chip clients, including BT, Fujitsu, Npower, Marks & Spencer, Walmart and Vodafone to manage their engineering parts inventory and solve difficult supply chain problems.
Each year, ByBox ensures more than 20 million mission-critical parts reach the field engineers that maintain the UK’s technology, telecoms and
- 05/08/2016
- 05/08/2016
The number of Jersey-registered alternative investment fund managers marketing into Europe through national private placement regimes (NPPRs) under the EU Alternative Investment Fund Managers Directive (AIFMD) continued to rise in H1 2016.
According to figures from the Jersey Financial Services Commission (JFSC), as at June 2016, 115 alternative investment fund managers (AIFMs) had been authorised in Jersey to market into Europe through NPPRs, up 11 per cent compared to December 2015. Over the same period, the number of Jersey alternative investment funds (AIFs) being marketed into Europe through NPPR stood at 251, representing a 9 per cent increase.
These figures
- 05/08/2016
Law firm Watson Farley & Williams (WFW) has advised a group of German investors, led by Nordwind Capital (Nordwind) and Dr Hans Albrecht, on their participation in Iranian start-up ChapAgha.com.
WFW advised Nordwind and its fellow investors on the drafting and signing of the participation agreement, as well as on the implementation of the participation and capital increase in Iran.
Nordwind is a Munich based private equity firm specialising in acquisitions of medium-sized companies and growth capital investments. Dr Albrecht is its managing director and founder.
ChapAgha, which translates to Mr Print, offers online printing services in Iran
- 04/08/2016
Omnes Capital is selling its majority stake in SVP Group to MML Capital. Omnes acquired its holding in the Group in 2011.
The transaction includes significant involvement by SVP’s management team – Olivier Lenormand, its CEO, François Laubier and Bertrand Degruson – whose holdings will increased as a result.
The SVP Group enables decision makers to leverage their ability to act on behalf of their company or organisation, and to adapt to the new situations they face in meeting their responsibilities.
Based in Saint-Ouen (93), the SVP Group supports more than 30,000 decision-makers in 10,000 client companies and
- 04/08/2016
Special Reports
Featured
- Intel
- May 17, 2024
- Awards
- May 16, 2024
- Intel
- May 16, 2024
- Intel
- May 15, 2024
- Intel
- May 13, 2024
Events
05 June, 2024 – 8:30 am
12 September, 2024 – 8:30 am
12 September, 2024 – 6:00 pm
24 October, 2024 – 8:30 am
