SEI's latest middle office whitepaper, "Remote Working, Covid-19 and Middle Office Outsourcing," explores some of the operations challenges and opportunities caused by Covid-19 lockdowns, woprkplace interruptions and the 'new normal'.
By Purva Aggarwal, Private Equity Wire – The pandemic has accelerated underlying technological changes which were anticipated in supply chains with respect to software and technology adoption, according to Dave Dolan, managing director at corporate finance adviser DC Advisory.
Fintech company, Growth Capital Ventures (GCV), has secured GBP1 million of growth capital from institutional investors to continue its expansion and fast-track the growth of Britain’s burgeoning tech sector.
Stemson Therapeutics announced today £6 million seed financing from impact investor Fortunis Capital and Allergan Aesthetics, an AbbVie Company, to advance development of Stemson’s therapeutic solution to cure hair loss.
EFG Hermes' Vortex Energy sells controlling stake in 365MW UK solar portfolio to TNB valuing the portfolio at cGBP500m
Vortex Energy, a global renewable energy platform managed by Beaufort Investments, a subsidiary of the private equity arm of EFG Hermes, has completed the sale of its controlling and managing stake in Vortex Solar (Vortex III), a 365MW solar PV portfolio, acquired in 2017 from TerraForm Power, at an enterprise value of cGBP500 million.
Ki, a fully digital and algorithmically-driven Lloyd’s syndicate, has raised USD500 million of committed capital from two backers, funds managed by Blackstone Tactical Opportunities (Blackstone) and Fairfax Financial Holdings Limited.
Kbox Global has raised GBP12 million in a funding round led by Balderton Capital, to continue its mission to revolutionise the food delivery market through its unique host kitchen technology.
Antares Capital Advisers, a subsidiary of Antares Capital, has held the final closing of its inaugural Senior Loan Fund (SLF).
Private equity employment totalled 10.5 million people in 2018, adding jobs five times faster than European average
A total of 10.5 million people were employed at 22,659 private equity backed businesses in Europe at the end of 2018 – according to the first Private Equity at Work report from Invest Europe, an association representing Europe’s private equity, venture capital and infrastructure sectors, as well as their investors.
Praetura Ventures, a VC fund that targets high-value sectors in the north of England, is investing GBP1 million in a tech company that helps businesses defend themselves against customer-focused cyberattacks and improve the digital experience their websites offer to consumers.