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News Digest

Streamlining the investment lifecycle with Drooms and DealMarket

Streamlining the investment lifecycle with Drooms ...

As you might be aware, DealMarket has joined forces with another next generation tech firm, Drooms. The pioneer on the virtual data room market acquired DealMarket at the start of the year. So, what does the partnership mean for investors here at DealMarket? The short answer is: enhanced investment lifecycle processes with the help of two smart tools.   Drooms [...]

Fintech Startup Airwallex Gets $13 Million in Funding

Fintech Startup Airwallex Gets $13 Million in ...

Australian fintech startup Airwallex just managed to raise funds from a number of global investors. It secured $13 million in total funding, as the startup continues to expand its cross-border payment business overseas.   A successful funding round   The funding round managed to attract plenty of foreign investment from some of the biggest names in global commerce. Airwallex was [...]

Trump’s Speech Offered Little New Details

Trump’s Speech Offered Little New Details

US President Donald Trump addressed the Congress for the first time on Tuesday. His speech revived many of his campaign themes but offered little new details on policies. There were also a few major omissions during the speech – corporate tax rate cut and relaxation of financial regulation were not mentioned.   Trump’s speech had a more conciliatory tone to [...]

Brexit – The great disorder under the Heavens?

Brexit – The great disorder under the Heavens?

It looks that the financial industry bet the wrong way on the biggest market event since the 2008 financial crisis. The Brexit referendum’s outcome has already been called ‘the greatest Black Swan event of the millennium’ (personally, I believe that this unexpected result rather falls into the category of what we practitioners refer to in our daily work as ‘king [...]

Record-breaking – From Seed to Market Dominance, Dealmaking Reaches New Highs

Record-breaking – From Seed to Market ...

The superlatives are flying this week as analysts and companies describe the latest rush of deal activity and news. Here is a roundup of just five of the biggest, the largest, most audacious and record-breaking totals.   Biggest Year on Record for US M&A Market … and Highest Volume Year to Date Ever   A record number (45) of deals [...]

Disrupting Foreign Exchange with Blockchain

Disrupting Foreign Exchange with Blockchain

Last week Lykke announced a competition to build a new and superfast foreign exchange and settlement platform based on blockchain. Its Swiss founder is Richard B. Olsen. He was a fintech founder long before that buzzword entered our vocabulary. In the eighites, he established a real time financial information system and in the nineties, a Forex trading platform startup that [...]

Billions to the Crowd Taps Appetite for Alt Asset Investing

Billions to the Crowd Taps Appetite for Alt Asset ...

The quick growth and growing confidence in lending platforms and equity crowdfunding is attracting more capital from professional and institutional investors. Milestones announced this summer illustrate these two trends. Zopa, the UK-based pioneer in peer to peer lending, announced on its blog that it hit the milestone of GBP 1 billion in loans.   Elsewhere, Citywire reports that P2P Global [...]

Slashing Silicon’s Early Stage Burn Rate

Slashing Silicon’s Early Stage Burn Rate

Investment in semiconductor startups pales in comparison to Internet and software  ventures. One of the larger rounds this year went to Goleta, Calif.-based Transphorm, which  announced in July that it raised USD 70 million in a deal led by a KKR growth fund. In fact, there is a bit of a run on startups like Transphorm that aim to exploit Gallium [...]

New Angel Model Delivers Returns, Now It’s Aiming for Expansion

New Angel Model Delivers Returns, Now It’s Aiming ...

There are countless stories about successful startup founders who parlay fortunes earned in an IPO or trade sale into becoming early stage angel investors. But what about successful angel investors, what do they do next? Sometimes they form a general partnerhsip,raise a capital pool from limited partners, and join the ranks of the private equity industry. Recent examples are VC [...]

Real Returns, Real Performance and Smarter Fund Due Diligence

Real Returns, Real Performance and Smarter Fund Due ...

It used to be easy for private equity practitioners to claim top quartile prowess without too many people being able to challenge the claim, quite astonishing for a USD 3.8 trillion slice of the financial market. As recently as two years ago, Sovereign Wealth Fund advisor Ashby Monk wrote an open letter in Institutional Investor magazine describing the problems and [...]

New Twist on Private Equity Appeals to Family Offices

New Twist on Private Equity Appeals to Family ...

Especially over the past three years, family offices have been increasingly active in direct private company invests. What is new is that some family offices are investing in “search funds” that basically back an entrepreneur to seek and buy an existing business to take it to the next level.   The participation in Search Funds is an ongoing trend amongst [...]

The Private Equity Job Market Is Hot In 2015

The Private Equity Job Market Is Hot In 2015

Trade press headlines from Hong Kong to London are  talking about a ‘War for Talent’ in private equity. In the past seven days, more than 440 jobs in private equity and venture capital were added to eFinancialCareers, which seems like a lot. It does not include the hundreds of open positions posted lately on LinkedIn or the websites of buyout [...]

Investor Video: Fund of Funds Investor, Michael van Biema of van Biema Value Partners, on Due Diligence and Advice for Hedge Fund Managers

Investor Video: Fund of Funds Investor, Michael van ...

In partnership with $ Bytes we're featuring a series of video interviews with top global investors. This time we're excited to present Michael van Biema,  the founder and managing principal of van Biema Value Partners,  a SEC-registered investment adviser established in 2004, specializing in creating portfolios of small, deep value-oriented hedge funds around the globe.   Four questions that Michael asks [...]

First-time Funds Buck the Trend

First-time Funds Buck the Trend

When it comes to fundraising, first-time private equity funds are a small part of the private equity universe these days, but the fact that some are successful at all in today’s competitive market merits taking a closer look.   Last year the trend in private equity (PE) fundraising was to invest in the largest and brand-name funds. The sheer number [...]

Digital Health Investment Mounts, M&A Too

Digital Health Investment Mounts, M&A Too

Digital Health is a fairly new VC category that is starting to heat up in the US, with USD 630 million raised in the first quarter, according to data from Rock Health. The segment’s early stage is evident in the predominance of Seed and “Series A” rounds, but M&A in the US is also picking up, which may mean early [...]