Latest News
Law firm Paul Hastings has represented Samsung Electronics in its USD8 billion acquisition of Harman International Industries.
Harman provides connected car solutions, with more than 30 million vehicles currently equipped with its connected car and audio systems, including embedded infotainment, telematics, connected safety, and security.
Through the acquisition, Samsung will add Harman’s experience designing and integrating sophisticated in-vehicle technologies, and position itself to leverage Harman’s long-term relationships with most of the world’s largest automakers, creating growth opportunities for the combined business.
The transaction is Samsung’s largest-ever acquisition, and is the largest Korean outbound M&A transaction on record.
Liberum, a pan-European investment bank, signed a multi-year deal with Torstone Technology to use Inferno in July and went live last week, implementing a complete back office system within four months.
Inferno will process Liberum’s post-trade flow, from trade capture through to settlement, accounting and reconciliation.
The ability to easily scale-up its business operations and update processes to comply with regulatory requirements was a key driver behind Liberum’s move to Inferno.
Inferno is an automated scalable system, which can handle large volumes on hosted commodity hardware. Its real-time, event-driven, service-orientated architecture enables firms to achieve very high rates
OFF3R, the marketplace for alternative investments, has launched an independent index outlining month-on-month performances of equity crowdfunding and peer-to-peer (P2P) lending platforms over the last year.
OFF3R analysed major equity crowdfunding platforms including Seedrs, Crowdcube, Syndicate Room, Angels Den, Envestors and The House Crowd. The P2P lending platforms examined were Zopa, Landbay, RateSetter, ArchOver, Marketinvoice, Lending Works, Funding Circle and Thin Cats.
The index shows that equity crowdfunding raised a combined total of GBP216.25 million and P2P facilitated a combined lending of GBP2.6 billion.
Lex Deak, CEO and co-founder at OFF3R, says: “Our index is part of our mission
Barings has acted as mandated lead arranger of a senior secured credit facility to support Battery Ventures' acquisition of Michell Instruments Group.
UK-based Michell Instruments Group is a leader in high-precision sensing instrumentation market with over 40 years' experience in the field, specialising in measurement of dew point and relative humidity, as well as oxygen analysis. The company serves a diverse range of industries including compressed air equipment, natural gas transmission, power generation, pharmaceuticals and food processing.
"Battery Ventures is pleased to partner with Barings' European private finance group on our investment in Michell Instruments Group," says Jesse Feldman,
Artivest, a tech-driven investment platform that expands access to alternative investments, has hired Stacie Yates as director of business implementation and Justin Rooney as senior manager of client services.
Yates brings over 16 years of alternative investment experience in structuring alternative investment vehicles, legal, compliance and regulatory issues. She joins from UBS Wealth Management, where she was most recently an executive director of product development and management. In that role, she worked with several of the world’s largest hedge fund and private equity managers to bring their offerings onto the firm’s alternative investments platform.
Rooney joins Artivest from Third
Quantopian has raised USD25 million in a Series C financing round led by the venture capital firm Andreessen Horowitz.
The company, which offers a free online platform for education and creation of institutional-quality investment algorithms, will use the funds to continue expansion, including improved platform tools, education materials, and the acquisition of additional data for use by its more than 100,000 members.
The funding also will facilitate the buildout of Quantopian's investment management infrastructure as it prepares to manage money for external investors in early 2017.
The Series C round also includes additional investments from earlier investors Bessemer Venture
BGF has passed GBP1 billion in committed investments to businesses across Britain following a GBP11 million investment in holiday park operator Coppergreen Developments.
The firm is on track to invest more than GBP370 million this year, compared to GBP250 million in 2015.
More than 150 small and mid-sized companies have taken BGF funding since October 2011, including Gymbox, Cass Art, Better Bathrooms, Unruly Media, M Squared Lasers, UKCloud, Trunki and Dudson.
More than GBP700 million of the GBP1 billion has been invested outside of London and the South East. This has included GBP186 million in the Midlands, GBP150
A group of private equity industry professionals has launched the Argentine Private Equity, Venture, and Seed Capital Association (ARCAP).
The association aims to promote the economic development of the country by fostering local and international private equity investing; boost investments in all sectors of Argentina’s economy; generate and publish studies and statistics on the activity of this sector and its impact over the Argentine economy; coordinate public and private initiatives in the sector; and foster the adoption of best practices to encourage institutional investors to invest in Argentina's economy.
The following individuals have been appointed to serve on ARCAP’s Board
The Global Impact Investing Network’ (GIIN) ImpactBase, a searchable and online database of impact funds, designed for accredited investors, has reached a milestone of 400 funds.
ImpactBase provides insights on the current impact investing fund landscape supplying investors with a guide to help make the most strategic investment decisions.
The funds covered by ImpactBase have a combined USD31.2 billion in committed AUM. Funds with a track record of three years or greater represented almost 40 percent of the funds on ImpactBase and 75 per cent of capital commitments.
In addition, impact investment funds and products are now available
Finstar Financial Group has appointed Mark Ruddock as chief executive of FinstarLabs, a corporate venture group that invests in and helps create technologies for new alternative financial services.
The appointment reflects the commitment of Oleg Boyko, founder and chairman of Finstar Financial Group, to the continued growth of Finstar’s fintech and financial services investment programme.
Ruddcok has more than 15 years of leadership experience in venture-backed start-ups, spanning enterprise software, mobile applications and online financial services, which has included two successful exits.
He joins FinstarLabs from Wonga, a credit provider, where he was responsible for overseeing the company’s
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
