Solutions
Along with the Covid-19 pandemic’s tumult, alternative investment fund managers have had to face a number of tax changes that are anticipated to have a tremendous impact on their business.
Keeper Security, the provider of a cybersecurity platform for preventing password-related data breaches and cyberthreats, has closed a USD60 million minority investment by global venture capital and private equity firm Insight Partners. This is Keeper Security’s first equity raise since its inception.
The synergy of the Keeper Security-Insight partnership will further accelerate product innovation and development and catalyse expansion of the company’s global customer base of consumers and businesses. Following the investment, Thomas Krane, Principal at Insight Partners, will join Keeper’s Board of Directors. No other terms of this private transaction are being disclosed.
“The past four months have resulted in
A list of 80 City investment management firms have agreed to back an initiative to increase black representation within key functions in portfolio management and finance.
The new initiative, called #100blackinterns, aims to bring together long only and hedge funds, private equity, credit and real estate managers, together with consultants and pension funds within the investment management industry, to give portfolio management function internships to young, university-educated black people.
The firms taking part in the program have committed to offer a paid internship to a black candidate next summer in a frontline investment position, and applications are welcome from black
Thomson Reuters has acquired CaseLines, a cloud-based court document and evidence management platform, in order to digitally transform legal processes.
Michael Johnson (pictured) is responsible for continuing to grow and evolve Crestbridge’s overall funds proposition. Here he discusses how Covid has created barriers to private equity fundraising, what challenges GPs are facing going forward beyond Covid and how managers can best position themselves to address these.
Lisya Bahar Manoah (pictured) recently joined Catalyst Investments as a partner, based in Tel Aviv in Israel. The firm was founded in 1999 by Edouard Cukierman, Yair Shamir and Boaz Harel.
Ogier acted as BVI counsel on the NASDAQ IPO of Special Purpose Acquisition Company (SPAC) Kismet Acquisition One Corp, which closed on 10 August 2020. Ogier operates a leading SPAC advisory practice in the BVI, and Kismet Acquisition One marked the firm’s second major BVI SPAC IPO for 2020.
In this webinar Intralinks and industry experts evaluate how PE groups have been adjusting to performing ODD during the lockdown. We explore the technologies that have played a key role in helping PE firms identify and overcome issues and what specific areas of ODD work well ‘virtually’. Could this virtual approach be the new normal going forward?
Other key topics discussed include:
How are PE groups themselves responding to investor ODD requests during this period to ensure they are meeting expectations?
What key questions should COOs/CFOs be asking if they look to embrace virtual ODD?
Panel:
– Jason Barg // Partner, Lovell Minnick Partners
–
By Natasha Head, business development manager, ManCo services & PERE, Maitland – The impact of Covid-19 on the global private equity market is uncertain. December 2019 concluded a very strong decade, a period of significant growth with overwhelming fundraising figures and outperformance of public markets. There was a bright path ahead: a time for real consolidation, focus on operating models, ESG and diversity, growth of the secondaries market and increase capital flow to new jurisdictions.
General Atlantic-backed primary care startup Oak Street Health is listing on the New York Stock Exchange, aiming to raise close to USD328 million.
Oak Street Health, a network of primary care centres for adults on Medicare, priced its IPO of 15,625,000 shares of its common stock to the public at USD 21.00 per share.
The shares are expected to begin trading on the New York Stock Exchange under the symbol “OSH” on 6 August, 2020, and the offering is expected to close on 10 August , 2020.
In addition, Oak Street has granted the underwriters a 30-day option to purchase
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
