Solutions
Anghami will become the first Arab technology company to list on NASDAQ New York via a merger with Vistas Media Acquisition Company Inc a publicly traded special purpose acquisition company (SPAC) that raised USD100 million in its August 2020 initial public offering.
The transaction implies an initial pro-forma enterprise valuation of approximately USD220 million, or 2.5x 2022 estimated revenues.
The transaction is expected to close in Q2 of 2021.
SHUAA Capital, the UAE’s premier publicly listed asset management and investment banking firm and Vistas Media Capital Singapore, the parent of the sponsor for Vistas Media Acquisition Company Inc, have gathered
Clearlake Capital Group and TA Associates are to acquire Precisely, a specialist in data integrity.
Josh Rogers, CEO of Precisely, will continue to lead the Company supported by the existing management team. Upon closing of the transaction, Clearlake and TA Associates will become majority shareholders in Precisely. Centerbridge Partners, the current majority shareholder in Precisely, will retain a minority equity stake. Terms of the transaction were not disclosed.
“With global spending on digital transformation expected to reach USD2.3 trillion by 2023, Precisely is well positioned to generate rapid growth. Organisations around the world are increasingly focused on their ability to
Institutional investors are leaving fund managers with little choice but to develop a POV around sustainability, writes Ken MacFadyen (pictured), Senior Vice President, Head of Content Development, BackBay Communications.
If 2020 was a transformative year in private equity, 2021 is when GPs will look to adapt to rapidly evolving LP demands. Over the past 12 months, for instance, sponsors have had to reimagine traditional IR activities through a digital lens. While many will continue to leverage these tools long after the pandemic becomes a bad memory, other tectonic shifts across PE have the potential to leave an even more indelible mark.
Limited partners (LPs) are becoming more risk-averse and demanding increased transparency from the general partners (GPs) with whom they work. In turn, GPs recognise the value in strengthening their relationships with LPs, and are more open to using technology to provide LPs with a seamless experience. Angelica Tigan, Director at BlackRock and Global Head of Business Development for eFront Investment Café, discusses the impact that the pandemic has had on LP/ GP relations, as well as recent developments in investor relationship management tools.
During the current pandemic, how has the use of technology evolved when it comes to private equity
Q&A with Cameron Nicol, Marketing Director, eVestment Private Markets…
Leading global investor services group IQ-EQ has today announced plans to expand its Irish operations with the launch of a dedicated Funds business in Ireland.
Enhancing the group’s existing fund services offering, this move signifies the increasing importance of Ireland as a funds domicile, particularly in light of Britain’s recent exit from the European Union and the changes to the Irish Investment Limited Partnership (ILP) legislation. Ireland is already popular among US fund managers, having cemented its status with the Irish Connective Asset Management Vehicle (ICAV), which complements US tax planning.
The IQ-EQ Group, which includes Blue River and
TMF Group, a provider of critical compliance and administrative services, has appointed Paul Adamiak as Commercial Director for Fund Services. Adamiak will start in his position today, on 1 March 2021.
Previously at TMF Group from 2008 to 2019, Adamiak’s new role will see him focus on scaling up TMF Group’s service offering to Australian and offshore asset managers and institutions investing in Australian real assets.
Adamiak is a qualified Chartered Accountant, with broad financial services industry experience. During his previous 11-year stint at TMF Group, Adamiak was an associate director in the global fund services business line. He
Private equity and venture capital investment will play a crucial role in supporting the UK economy as we begin the recovery from the pandemic, according to a new report.
The British Private Equity and Venture Capital Association’s (BVCA) ‘New Horizons’ report highlights more than 30 examples of private equity and venture capital investments in companies which are supporting the economic recovery post-COVID, providing opportunities across the UK’s regions, driving UK global competitiveness, and working towards Net Zero.
Each story illustrates how private equity or venture capital support and expertise has enabled the company to navigate the pandemic successfully, scale
Alpha Capital announced today that it has closed its USD230 million initial public offering on the Nasdaq Capital Market (Nasdaq), trading under the ticker symbol “ASPCU”.
The special purpose acquisition company (SPAC) will use the funds to seek a business combination with a Latin American-focused technology company. Alpha announced pricing last Thursday.
There are over 20,000 technology companies in that region according to Crunchbase. While they have generally been funded by a growing local network of early-stage investors, later-stage capital has been far less available in Latin America, which has limited growth opportunities. Alpha aims to solve that dilemma by
Millar Cameron, the executive & professional search consultancy, has recruited a highly experienced team of head-hunters to service the power and infrastructure sectors in Africa.
The business, which has been identifying and developing senior leaders for clients in emerging markets since 2007, is well-known for its executive search work in the food, agriculture, international development, real estate, technology and telecoms sectors. With access to reliable energy critical for sustainable economic growth across Africa, the power sector is a natural addition to Millar Cameron’s areas of expertise.
Joining the company are Jayne Maxwell, Tim Beckh and Justin Wharton, who collectively bring
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
