Latest News
International law firm Proskauer has appointed M&A lawyer Eleanor Shanks as a partner in the firm’s London office.
Shanks’s practice focuses on private equity transactions, mergers and acquisitions, joint ventures, co-investments and other fund investments, in both domestic and cross-border transactions.
“We have made a number of strategic hires in recent months to substantially grow our global corporate platform, particularly in the private equity space. We are thrilled to have Eleanor join, which follows the recent arrival of partner Ben Davis to our finance practice and private equity real estate partners Jo Owen and Vikki McKay. We are certain
LetterOne (L1) has formed a partnership with FreedomPop, a disruptive US-based mobile provider based in California.
The announcement follows L1’s receipt of clearance from the Committee on Foreign Investment in the United States (CFIUS) to complete its USD50 million investment in FreedomPop, to assist and accelerate its international expansion.
L1 Technology, which aims to invest USD2 billion to USD3 billion in mid-to-late-stage technology growth opportunities, is investing in and looking for strategic partnerships with leading digital pioneer companies around the world. It recently announced a USD200 million investment in Uber.
FreedomPop, one of the fastest growing mobile service
KKR is making additions to its private equity investment team in Asia, including a change in leadership in China and the addition of new senior investment talent in China, Singapore and Korea.
Ming Lu, a member of KKR and co-head of Asia private equity, has been named sole head of Asia private equity.
KKR members David Liu, co-head of Asia private equity and head of China, and Julian Wolhardt are leaving KKR at the end of this year to form a new China-focused investment firm. They will transition to KKR Advisors beginning in 2017.
Lu will serve as
Foresight Group has invested GBP2.75 million in the buy-in management buyout (BIMBO) of Lancashire-based Euxton Group.
The deal is the first investment made from the Foresight Regional Investment Fund (FRIF), which was launched in December 2015 having achieved first close at GBP38 million.
The FRIF is focusing on private equity investments into SMEs based in the North West of England, North Wales, and South Yorkshire, and is managed by Foresight’s team based in its Manchester office.
The fund can make investments of between GBP1 million and GBP5 million in local growth SMEs through a variety of deal structures
Ocean Link, a private equity firm focused on the fast-growing travel and tourism sector in China, has formed a partnership with Ctrip, the largest online travel agency in China, and General Atlantic, a growth equity firm.
Founded in early 2016, Ocean Link deploys both RMB- and USD-denominated funds to invest strategically and selectively across the broad value chain and sub-verticals of the travel and tourism industry in China including hotels and resorts, attractions, online and offline travel agencies and operators, transportation services, and related business solutions providers.
The firm's initial investments include eLong, a mobile and online travel agency
Noerr has advised Isaria Wohnbau on its capital increase carried out in connection with its takeover by the US private equity investor Lone Star.
The cash raised amounted to around EUR53 million.
At the same time, Noerr assisted the Munich-based project development company in cancelling the admission of its shares to trading on the regulated market of Frankfurt Stock Exchange.
This was the first withdrawal from the stock market under the new rules on delisting which have been in force since the end of 2015.
A team led by Noerr partners Dr Laurenz Wieneke and Dr Stephan
mSurvey has secured an investment from Safaricom's Spark Venture Fund, a USD1 million fund with an objective of accelerating high-potential Kenya-based mobile technology start-ups.
The investment in mSurvey marks the second and largest Spark Venture Fund investment to date.
With the investment, Safaricom Spark joins Silicon Valley's Cross Culture Ventures and the Virgin Group-backed, Caribbean-focused Alpha Angels network as investors in mSurvey.
Terms of the deal were not disclosed.
mSurvey will use the Spark Venture Fund investment to drive a value-add to merchants who use Safaricom's Lipa Na M-PESA service, a solution that allows consumers to pay
Early-stage venture capital firm True Ventures has raised USD310 million for its fifth fund, True Ventures V.
With the close of this fund, True now manages approximately USD1.3 billion in capital.
True received support from substantially all of its existing investor base and a few new institutional investors.
Celebrating its 10-year anniversary this year, True Ventures has enjoyed a consistent track record of success in multiple markets including connected hardware, enterprise software and infrastructure.
Successful investments include Fitbit (NYSE: FIT), MakerBot (acquired by Stratasys), Goodreads (acquired by Amazon), BrightRoll (acquired by Yahoo!), and Automattic (the company behind
Guardian Capital Partners has acquired Carson-Dellosa Publishing in partnership with the firm’s existing executive management team, which will continue operating the company going forward.
Headquartered in Greensboro, North Carolina, Carson-Dellosa is a provider of K-8 supplemental education content for parents, teachers and students with a portfolio of brands including Spectrum, Summer Bridge and Carson-Dellosa Education.
With 35 years of experience in the consumer educational products market, the company offers digital and print workbooks, test-prep, hands-on learning materials and classroom décor and resources.
Carson-Dellosa’s products are used in over 1,000 schools and can be purchased at over 10,000 retail
BlueTalon has closed a USD16 million Series A financing round led by Maverick Ventures, with participation from new investor Arsenal Venture Partners and existing investors Signia Venture Partners, Data Collective, Divergent Ventures, Bloomberg Beta and Stanford-StartX Fund.
The new funding will be used for continued expansion of BlueTalon’s development and sales teams to address the increasing demand for BlueTalon’s data-centric security solutions.
Matthew Kinsella, managing director at Maverick Ventures, has joined the BlueTalon board of directors.
To date, BlueTalon has raised over USD25 million in funding.
By unifying security policies across multiple data platforms, BlueTalon
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm