Solutions
AST Private Company Solutions has formed a strategic partnership with Standish Management, a leading private equity fund administration provider to private equity with over USD130 billion in AUM.Users of PCS’s Astrella capitalisation (cap) table and ownership tracking platform will be able to integrate relevant ownership data from Astrella to Standish. Standish will use this data to support limited partner (LP) financial reporting and communications, capital calls and distributions and partnership accounting.
Astrella was built by AST PCS, the Silicon Valley-based business unit of ownership data management leader AST, as a new cloud-based software-as-a-service (SaaS) platform to manage private company
Evertas, a cryptoasset insurance company, has completed a USD2.8 million seed stage funding round. The funding round was led by Morgan Creek, who were joined by Plug n Play, Kailash Ventures, RenGen, Vy Capital and Wavemaker Genesis. Mark Yusko, Founder, CEO and Chief Investment Officer of Morgan Creek Capital Management & Managing Partner of Morgan Creek Digital Assets, has joined Evertas’ Board of Directors.
Evertas, which focuses on covering institutional holders of cryptoassets including exchanges, custodians, traditional financial institutions, funds, family offices and ultra-high net worth individuals, will be using these funds to support its strong growth plans.
The market capitalisation of cryptoassets is around USD270 billion and growing rapidly, but because of the highly specialised nature of underwriting the risks
Rochester Institute of Technology (RIT) has become the first US university to invest in Cosimo Ventures’s new, blockchain-focused tokenised fund, Cosimo X.
Based in Boston and Dublin, Cosimo Ventures is an investment firm focused on deep tech companies. This is the first time that any university in the US has invested directly in a tokenised venture fund.
Harvard, Yale and MIT have all made indirect investments into digital assets and blockchain tech through traditional venture funds previously, such as Andreesen Horowitz and Paradigm.
RIT is the first to directly hold a tokenised economic interest in digital security form however, according
IQ Capital has led a GBP 5.5 million series A funding round in CyberSmart, which helps small to medium-sized businesses combat cyber-attacks.
The fresh capital will be used to fund CyberSmart’s growth, which has seen an increase in demand with a revenue increase of 300 per cent over the past 12 months, as the lockdown accelerated the use of its cloud-based technology, according to the company.
“We are delighted to have closed our Series A funding round with GBP 5.5 million to fund our next stage of growth. Our investors have seen that we have built a great technology and
NPIF – Mercia Equity Finance and XTX Ventures has invested GBP2.5 million in Logically, a tech startup using AI to detect misinformation and to provide a fact-checking service to combat fake news ahead of the US election.
Apex Group has launchedlocally delivered corporate services to clients in the UAE.Apex has been executing on a rapid expansion plan for its corporate solutions offering over the past few months; opening business services operations via the launch of subsidiary, Throgmorton, in the US and Jersey (Channel Islands), and unveiled a new a corporate services offering for clients across APAC in April followed by Switzerland last month. The Group is now adding to its corporate solutions capabilities in the Middle East through the addition of local corporate services solutions and the establishment a local entity for its subsidiary, Throgmorton, in the
A new survey by State Street Corporation reveals that the Covid-19 crisis has fuelled the appetite of insurers for alternative asset classes, particularly in private credit and private equity. In the short term, 33 per cent plan to increase their allocation to private credit and 28 per cent in private equity. Alternatively, 10 per cent expect to decrease their allocation to private credit and 13 per cent within private equity.
Angela Summonte, head of Asset Owner and Official Institutions, Sector Solutions EMEA, says: “With traditional fixed income strategies generating lower returns, we are observing insurance companies increase allocations into this asset
By Owen Morris, operations director at Doherty Associates – Covid-19 has presented multiple challenges to those working in private equity and finance, not least remote working, which looks set to continue for the future. When it comes to compliance the FCA expects it to be business as usual, despite the effects of the pandemic.
Innovate Finance, the industry body representing the FinTech sector in the UK, has warned that the sector is facing a “significant” funding gap as a result of the Covid-19 crisis – with smaller companies coming under growing pressure.
LP communication can never be underestimated but in light of the market impact caused by Covid-19, GPs can ill afford to risk any communication disconnect. With so much volatility, the way in which GPs are able to effectively report to investors, even if the news is not positive, can go a long way towards distinguishing between the good, the bad and the ugly. Thanks to technology, managers are finding it easier to share information safely and provide valuable insights into the performance of their PE portfolios – and in doing so, reinforce the GP/LP trust-based relationship.
In this webinar, produced in
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
