Solutions
By A Paris – In what has been a rollercoaster year from all perspectives, 2020 saw the Cayman Islands being first placed on the European Union blacklist in February, followed by its removal from said list in October, after it made improvements to its tax framework.
The jurisdiction, best known as a domicile of choice for hedge funds and alternative investments, has introduced a spectacular 19 new pieces of legislation in its steadfast endeavour to strengthen oversight and ensure the Cayman Islands industry is aligned with global standards.
Elemental to Cayman’s removal from the EU blacklist was the enhancement of its framework
By Jude Scott, Cayman Finance – In August 1864, 900 miles almost due North of the Cayman Islands, US Navy Rear Admiral David Farragut faced a pivotal moment. Leading a squadron charged with attacking Confederate forces in Mobile Bay, Alabama, Farragut’s flotilla encountered tethered mines known then as “torpedoes” which ultimately threatened his mission and his men. Acting decisively to navigate around the threat and pursue his objective, Farragut uttered the phrase that has now passed into military lore: “Damn the torpedoes! Full steam ahead!”
Leaders in every walk of life will meet challenges that could distract their focus, diminish
ELSA, a mobile app that uses artificial intelligence and speech recognition technology to help language learners improve their English speaking skills and pronunciation, has cUSDosed Series B round of USD15 million in new capital.
This round was co-led by VI (Vietnam Investments) Group and SIG. Previous investors Gradient Ventures, Google’s AI-focused venture fund, SOSV, and Monk’s Hill Ventures also participated in this round. New investors are Endeavor Catalyst and Globant Ventures, which will assist ELSA’s expansion efforts in Latin America.
With over 13 million users worldwide, ELSA (English Language Speech Assistant) is the world’s best English speaking and pronunciation app.
Private Equity Wire talks to Ted Persson, partner at EQT Ventures – which recently closed a USD18 million series-A round into Stockholm-based AI-focused online learning platform Sana Labs, about the fact that around 1.3 billion adults will face a ‘skills mismatch’ for the jobs needed in the future, how the online learning trend will pan out in the next few years, and the role of the private sector in driving this trend.
CybSafe, a behavioural security platform aimed at helping organisations manage human cyber risk, has closed a GBP5.6 million (USD7.9 million) Series A1 round, led by deep tech investors, IQ Capital with participation from Hannover Digital Investments (HDI Group) and B8 Ventures.
The investment comes as a result of the company’s continued momentum, its pioneering use of data and behavioural science and growth of the market opportunity.
The investment round will be used to enhance go-to-market capability, deepen technology and research capability, and further disrupt the industry’s approach to managing human risk. CybSafe uses audit data from multiple systems (such
An innovative North East based immersive technology company is aiming to transform the way customers engage and experience entertainment, sport, visitor attractions, hospitality and retail.
Fame Media Tech – led by entrepreneur Bryan Hoare – is on a mission to transform customer experiences through mobile and content technology to help operators create more engaged and loyal customers, fans and visitors.
The County Durham business, whose team combines market leading technology with decades of experience in publishing and digital media, has already started to create innovative content experiences for millions of mobile users around the world and is now about
Splashtop, a remote access and remote support company, has closed a USD50 million financing round that takes its valuation above the USD1 billion mark.
Alternative data specialist Eagle Alpha, has added AI-driven financial information technology provider Causality Link’s data to its library of alternative data supplied to asset managers, private equity professionals and corporate enterprises.
Read the full story at Hedgeweek…
Foreside Financial Group (Foreside), a provider of governance, risk management, and compliance service and technology offerings to clients in the global asset and wealth management industry, is to acquire Capital Markets Compliance (CMC), a compliance, consulting, and FINOP practice.
Allvue Systems (Allvue), an alternative investment technology solutions provider, is to provide TrustServe with comprehensive solutions for its General Partner (GP) and management company clients in private equity, real estate, venture capital, fund of funds and family offices.
As part of the technology solution, Allvue will deliver its Fund Accounting, Investor Portal, Business Intelligence (BI) and Report Automation solutions, enabling TrustServe to streamline and seamlessly manage record-keeping, reporting and investor communications for their customers. Allvue’s platform will support TrustServe’s broad customer base, servicing all closed-ended fund types, including private equity, venture capital, fund of funds, energy infrastructure, real estate, private
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
