Latest News
Kayne Anderson Capital Advisors has held the final close of its latest energy-focused private equity fund, Kayne Anderson Energy Fund VII, at its hard cap of approximately USD2 billion in limited partner commitments.
The fund will continue Kayne Anderson’s strategy of partnering with management teams focused on the upstream oil and gas sector of North America.
The fund exceeded its fundraising target with strong support from both existing investors and new clients.
The fund is part of Kayne Anderson’s energy private equity practice that has raised nearly USD8 billion since inception.
“We greatly appreciate the trust and
Arsenal Capital Partners, a New York-based private equity firm that invests in lower middle market specialty industrial and healthcare companies, has completed fundraising for Arsenal Capital Fund IV at its USD1.3 billion hard cap.
The firm's previous fund, Arsenal Capital Partners III, was raised in 2012 with USD875 million of committed capital.
Since inception in 2000, Arsenal has raised institutional equity investment funds totalling USD2.975 billion.
Terrence Mullen, co-founder and partner at Arsenal, says: "We are delighted to have received the support of such a terrific group of leading global institutional investors. We are thankful for
Detroit-based private equity firm Rockbridge Growth Equity has sold Triad Retail Media, a digital retail media advertising firm, to programmatic audience company Xaxis.
Xaxis is a wholly owned operating company of WPP, the world's largest communications services group with offices in 113 countries.
Triad manages and delivers full-service creative, data and production digital media advertising campaigns to connect with shoppers at point-of-sale. Major global retail partners include Walmart, eBay, Toys"R"Us, CVS, Sam's Club, Staples, Kohl's, Asda and more than 1,500 of the world's largest advertisers.
Since Rockbridge and Triad Retail Media partnered in late 2012, Triad's revenue and
The Russian Direct Investment Fund (RDIF) has invested in Russian pharmaceutical company Geropharm, a producer of drugs which restore brain function and treat diabetes.
The proceeds from the deal will help Geropharm to increase its production of medicines. This will be accelerated through constructing a high-tech industrial and full-cycle plant in St Petersburg.
Kirill Dmitriev, CEO of the RDIF, says: "Investments in Geropharm will allow the company to construct a large plant that is capable of meeting insulin demands across the whole country. Given their low production costs and high quality products, in the medium-term Geropharm will be able
Man Group plc has acquired Aalto Invest Holding AG and launched a new ‘private markets offering’, Man Global Private Markets, designed to offer longer term investments and complement their existing products. Man defines private markets as real estate, credit and infrastructure.
Founded in 2010 by Mikko Syrjänen and Petteri Barman, USD1.7 billion Aalto specialises in the management of real estate equity and debt strategies including direct investments in single family homes in the US and lending to commercial and residential real estate in Europe and the US. Man writes that Aalto has a strong track record across its differentiated product
Prairie Crest Capital, a venture capital firm focused on early to mid-stage investments in breakthrough agriculture and technology firms, has launched in Des Moines, Iowa.
Principals Barry Adams and Mark White formed Prairie Crest Capital to address the underserved investment opportunities in the agriculture and technology sectors, particularly in the Midwest.
While agriculture and downstream products (such as food) account for nearly 8 per cent of the US GDP, it only amounts to less than 3 per cent of venture capital investments on average over the past three years.
Prairie Crest anticipates investment activity in the agriculture technology
Ninety two per cent of institutional investors and family offices have allocated to two or more funds in 2016 while 73 per cent of investors reported a net increase in their investments to alternative investment strategies since 2015.
The survey, conducted at Context Summits West 2016, also reveals that 59 per cent of allocators viewed the US presidential election as the greatest macro headwind facing the market in the fourth quarter of 2016.
In total, managers and allocators representing over USD250 billion in combined assets attended the two-day conference, which connects qualified investors with private fund managers via one-on-one
New York-based IQ Financial Marketing has issued an updated version of its marketing guide, which it is offering free of charge to hedge funds and private equity firms.
The new guide features additional tips for creating better presentations and pitch books. It is designed to help fund managers tap into the mindset of prospective investors, differentiate themselves from the competition, and enhance their branding.
IQ says the guide can be helpful to firms that create their marketing materials in-house as well as those that outsource.
IQ’s principals Nancy J Dennis (pictured) and Michael H Greenstein are marketing consultants
The UK’s first discovery subscription platform, Wonderush.com, has reached its crowdfunding target amount of GBP200,000 on Seedrs.
The tech start-up will be using the money to invest and test new technology that will help scale the business globally.
London-based Wonderush.com launched the crowdfunding round on Seedrs on 24 August. It raised three quarters of its target within a few hours of launching.
Wonderush.com has previously received funding from investment fund Fuel.Ventures, joined by tennis player Andy Murray and fund founder MyVoucherCodes’ Mark Pearson, alongside private investors.
This is the first time the start-up has opened investment to the
Lending Works, a peer-to-peer lending platform which has insurance protecting lenders against certain borrower default risks, is now fully authorised by the Financial Conduct Authority (FCA).
As with all platforms in existence prior to April 2014 which held consumer credit licenses under the Office of Fair Trading, Lending Works had until now been operating under interim permission from the FCA, having submitted its application for full authorisation in October 2015.
The announcement brings to an end a review process lasting just under a year, during which all areas of the business have undergone stringent evaluation and scrutiny.
Nick
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
