Latest News
Accelex, a SaaS platform specialising in alternative investment data acquisition, reporting and analytics, has launched an automated document acquisition solution for private market fund managers.
Automated document acquisition provides a consolidated content feed to the Accelex data extraction platform using direct API connectivity to portals including SS&C Intralinks and FIS Digital Data Exchange, email attachment capturing and SFTP. Actionable accounting data and investment insights are now accessible within minutes of document availability from managers.
Accelex says the platform utilises artificial intelligence (AI) and machine learning (ML) techniques to categorise, classify, and tag documents, enabling efficient document management. The document acquisition
Parthenon Capital, a growth-oriented private equity firm with offices in Boston, San Francisco and Austin, has held the first and final closing of Parthenon Investors VII with more than $4.5 billion in commitments, significantly in excess of its initial $3.5 billion target.
SR One, a transatlantic life sciences investment firm, has closed its second fund at over $600 million, substantially exceeding its target of $500 million. Fund II is the second fund since SR One spun out from GlaxoSmithKline in 2020 to form a fully independent investment firm.
Armen, an investment firm focused on acquiring stakes in private equity firms, has held the first close of Armen GP Stakes Fund I at €150 million in capital commitments, and secured a strategic minority investment from a group of French family offices
Sofinnova Partners, a European life sciences venture capital firm based in Paris, London, and Milan, has launched a new investment strategy focused on digital medicine, which will be led by partners Edward Kliphuis and Simon Turner.
Brian Tierney, global head of portfolio operations and asset management at Blackstone, is leaving the firm to take up the role of president and chief executive officer at electricity supply, distribution and generation company FirstEnergy Corp.
Tierney, who will join FirstEnergy on 1 June, is the company’s first permanent CEO since the retirement of Steven Strah in September last year. He succeeds interim CEO John Somerhalder II, who will continue to serve as the US utility firm’s chairman.
Tierney has previous experience in the energy sector having served as the finance chief of American Electric Power Co Inc, prior to
IDR a provider of onboarding client solutions for private markets funds, has expanded its management team with the appointment of Karen Bee as senior delivery manager for operations, Jason Green as chief technology officer and Dan Loughney as finance director.
Bee, who has worked in investor onboarding in the financial services sector for almost 20-years, will take responsibility for the delivery of the firm’s service offering in all jurisdictions, as well as the ongoing development of its global operations teams.
Green has a 15-year track record working in senior technology roles across a broad range of sectors from start-ups
Buyout firm CVC Capital Partners and activist hedge fund Elliott Management are among the suitors to have tabled bids to acquire parts of struggling cinema chain Cineworld, according to a report by Sky News.
Demands for ESG data continue to grow. As the industry grapples with collecting, monitoring and analyzing this information, access to appropriate technology tools can improve efficiency. Josh Green, Chief Operating Officer and Co-Founder at Novata, gives more detail.
Brookfield Asset Management is in negotiations to acquire a majority stake in data centre operator Data4, in a deal that values the business at close to €3.5 billion euros, including debt, according to a report by Reuters.
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
