Solutions
Thrive Alternatives, a private funds advisory firm has launched to address the increasingly crucial role of Asia as an investment hub and bridge the market gap for intelligent technology for the future of institutional fundraising and global capital markets.
The firm is led by CEOs and Co-Founders, Jackson Chan and Gianluca D’Angelo who are both veterans in the industry.
The Singapore headquartered firm provides General Partners and Limited Partners globally with greater access to market information which has previously been fragmented and geographically siloed. The firm’s adoption of Asense showcases the firm’s commitment to invest in technology to better
The Luxury Bank has raised USD10 million from Dubai’s ICICB Group, an investment management company that fosters and funds luxury projects in banking, cryptocurrency trading, commercial real estate, and other related industries worldwide.
The funds will be leveraged across The Luxury Ecosystem’s various projects, including The Luxury Bank, The Luxury Foundation, a cryptocurrency PoS system, offline cryptocurrency exchanges, an NFT marketplace, a job portal, and a news magazine. The funds will also be used to complete The Luxury’s much-anticipated Luxandia, a metaverse platform similar to Second Life and Decentraland, which is dedicated to serving the luxury industry.
“This investment from
Kindred Group has completed the previously announced acquisition of the remaining outstanding shares in Relax Gaming, a growing B2B iGaming supplier.
Kindred Group announced on 2 July 2021 that it had entered into an agreement to acquire the remaining 66.6 per cent of the outstanding shares in Relax Gaming. Relax Gaming is a market leading B2B iGaming software supplier that designs and develops online casino games, supported by an open distribution platform for third party aggregation as well as proprietary poker and bingo products. Relax Gaming was founded in 2010 and has today c240 full-time employees with four main hubs
ClearCourse Partnership (ClearCourse), a group of technology companies providing useful, integrated software solutions, is to acquire EKM, a leading provider of e-commerce and online retail software.
The acquisition strengthens ClearCourse’s e-commerce and online retail capabilities and sees the Company join the Group’s Business Services division.
Founded in 2002, EKM provides the UK’s leading independent e-commerce platform, delivering software that powers over GBP350 million of transactions annually for its customer base of SME online retailers. EKM’s system offers a full suite of e-commerce solutions, with capabilities including online shop design and visitor conversion tools. Following the acquisition, EKM and its
If any jurisdiction can claim to be the home of the global fund industry, it is Luxembourg. The Grand Duchy is the second largest investment fund centre worldwide and the first in Europe, with an 8.8 per cent global market share in 2020 and is a prime location for alternative investment funds.
Yves Cheret, managing director of fund administration in CSC’s Luxembourg office comments: “I think that, over time, the investment fund business in Luxembourg will become known as the US is known.”
Luxembourg’s attraction for fund managers is based on its political, financial, and political stability which fosters a
Visitors to Luxembourg are often surprised and pleased to discover that public transport is free. Step onto a tram in Luxembourg city, and there is no conductor to pay, and no machine to stamp tickets.
In a drive to tackle traffic congestion and emissions, last year the Grand Duchy introduced a new policy where no charge exists for using the trains, trams and buses that criss-cross the small country sandwiched between Germany, France and Belgium.
The policy is an attractive perk for its 602,000 residents, 175,000 cross-border workers and 1.2 million annual tourists.
It’s also emblematic of something else: Luxembourg’s
By Dr Marcus Peter & Irina Stoliarova – 2020 was a challenging year for the Luxembourg funds market. Despite a strong start in January and February, the Covid-19 pandemic caused a slowdown to fund set-up and net asset developments due to valuation issues and travel restrictions. However, it should be noted that the Luxembourg investment fund industry remained robust given the market regained growth starting mid-2020 and continuing into the third quarter of 2021.
This positive development was driven predominantly by increasing net assets and incoming new commitments to the fund vehicles. Net assets under management in Luxembourg investment funds
The Grand Duchy is set to capture an important chunk of the growing global market for alternative investment funds.
KKR is to acquire a majority stake in Probe CX alongside existing management from Quadrant Private Equity, Five V Capital, Rodney Kagan and other shareholders of the company.
The investment will be used to further fuel Probe’s robust growth and strengthen its digital capabilities to enhance its service offering to customers.
Probe is a leading provider of customer experience (CX) and business process outsourcing (BPO) solutions based in Australia. Probe was founded by Co-chairman Rodney Kagan in 1979 and is now the largest provider of outsourced CX and BPO services in Australia and New Zealand, with more than 600 clients
Axiomatic Data, a Form 5500 Information Company, has added new ESG metrics to its database covering over 700,000 US public and private companies.
Using information extracted from Form 5500 filings, Axiomatic Data has developed three new attributes that measure the Social or “S” component of Environmental, Social, and Governance criteria.
“There are many sources of information that measure the Environmental and Governance aspects of ESG,” says Steve Goldstein, a partner with Axiomatic Data. “Working with ESG-sensitive investment managers, we created three metrics that facilitate comparisons between companies based on how they treat their employees, which is a critical part of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
