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Journey, a specialist in the design, build and operation of ‘immersive experiences’ has acquired three companies: ICRAVE, Futures Intelligence Group, and Skilled Creative, creating an award-winning team with capabilities across physical, digital, and virtual innovation. Backed by private equity firm Growth Catalyst Partners, Journey is led by CEO Andrew Zimmerman, former CEO of frog Design, the iconic innovation and design firm, and co-founder of Accenture Interactive and Mobility.  As Journey’s chief metaverse officer, Cathy Hackl, popularly known as the godmother of the metaverse and metaverse Web3 authority, will bring her invaluable experience and understanding of Web3 future applications to Journey’s
Flexa Careers, a platform bringing transparency to the hiring market, has raised £2.3 million ($2.9m/€2.7m) in a seed round led by Ada Ventures. Auxxo Female Catalyst Fund, angel syndicate HERmesa, and a wide group of angel investors also participated in the fund.  Flexa enables companies to showcase what their working environments offer when it comes to flexibility and benefits, and be discovered by candidates who want to know up-front how the company operates and get a transparent look at what its working policies are before applying for a role.  Flexa vets and verifies companies through a two-stage benchmarking process; looking
Compass Group Equity Partners, a St Louis-based private equity firm, has sold The Allied Group to Lab Logistics, a provider of outsourced medical supplies, kitting and logistics services to the healthcare industry and a portfolio company of Atlantic Street Capital. The Allied Group, founded in 1946, is a leading fulfilment services provider offering document management, kitting, and mailing services to healthcare and life science organisations worldwide. Compass Group acquired Allied in 2019 with a focus to invest in and expand the kitting division amid the global shift to personalised medicine. Now a core growth engine for the business, kitting has
Fintech Clear Street has raised $165 million in a Series B funding round led by Prysm Capital, a growth equity firm that partners with disruptive, category-leading companies in the technology, consumer, and healthcare sector. Additional investors included NextGen Venture Partners, Walleye Capital, Belvedere, NEAR Foundation, McLaren Strategic Ventures, and Validus Growth Investors, as well as angel investors, Illia Polosukhin (founder of NEAR), Moses Lo (founder of Xendit), and Alastair Trueger (Event Horizon Ventures). The Series B round marks Clear Street’s first venture capital raise since inception and brings its valuation to $1.7 billion. Since the beginning of 2021, Clear Street
Bansk Group (Bansk), a consumer-focused private investment firm dedicated to building distinctive consumer brands, has received Plastic Negative Workplace and Carbon Neutral certifications from third-party accreditors. As part of its Plastic Negative Workplace certification, received from rePurpose Global, a leading Plastic Action Platform, Bansk is committed to offsetting twice as much plastic waste as the firm generated in 2021 across its employees and corporate office in New York.    As part of its Carbon Neutral certification, designated by Moss.earth, a Sao Paulo-based climate technology company, Bansk is committed to fully offsetting its carbon footprint through the purchase of carbon credits.
The Autism Impact Fund (AIF), whose mission is to revolutionise the status quo for diagnosing, treating, and living with autism through a venture capital model, has formed a strategic partnership with Arsenal Capital Partners (Arsenal), a private equity firm specialising in building transformational businesses across healthcare, have entered into a strategic partnership. AIF and Arsenal will share their respective expert networks and diligence resources to pursue innovative investment opportunities in the growing behavioral health market.   Founded in 2021, AIF has invested in 10 companies, including early-stage and growth businesses. AIF makes direct investments across diverse sectors and stages of
India’s alternative investment fund (AIF) industry doubled from $36 billion at the end of 2016 to $72 billion by September 2021 – an increase of more than 100% in assets under management (AUM) for Securities and Exchange Board of India (SEBI) registered funds alone, according to the inaugural Benchmark Report for India Alternative Investment Funds (AIFs). The report was published today by Preqin, a specialist in alternative assets data, tools, and insights, in partnership with the Indian Venture and Alternate Capital Association (IVCA), and under eligibility from SEBI. The benchmarks in the report comprise of 296 schemes across AIF Category
To better help asset managers of European funds be prepared for the upcoming compliance requirements and regulatory disclosure obligations under the Sustainable Finance Disclosure Regulation (SFDR), global Fintech leader.
Align Capital Partners’ (ACP) accounting, tax and valuation advisory firm, WilliamsMarston has acquired Moffett & Associates (Moffett), a provider of complex corporate tax consulting services to pre-IPO, public and private equity-backed companies. This is the fourth acquisition WilliamsMarston has completed in the past 18 months which brings the Firm’s headcount to 156 professionals. Headquartered in El Segundo, California, Moffett advises a variety of clients including publicly traded commercial banks, investment banks, broker dealers and life sciences companies; along with complex, privately held businesses and investment partnerships.  Founder and Partner, Marty Moffett and his entire team joined WilliamsMarston at the close.
Part 1 – Choosing the right structure: For any Alternative Investment Fund Manager (AIFM), the main factors that define the success of their business will be the amount of capital they are able to raise and the performance of the funds that they manage.

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