Topics: Fundraising

Fintech Firm Pushes the Banking Boundaries

Fintech Firm Pushes the Banking Boundaries

A mobile-only financial institution has taken a move towards acquiring a bank charter in the US. The fintech firm called Varo Money has filed a formal application and hopes to become a national bank. This private equity backed fintech firm is yet another firm to push the banking boundaries – while the authorities are trying to keep up with the [...]

The Buoyant Fundraising Market in Europe Continues

The Buoyant Fundraising Market in Europe Continues

The European fundraising market is looking strong and aggressive. Its latest beneficiary has been Star Capital Partners. The private equity group announced this week it has raised €800 million in the upbeat market. But as fundraising has heated up, suitable assets are becoming harder to come by – turning fund’s attention away from the region.   Star Capital breaks the [...]

Apollo Global Management Creates the Largest Buyout Fund

Apollo Global Management Creates the Largest Buyout ...

Private equity is not going anywhere. The latest proof is about to be revealed soon, according to reporting by CNBC. Sources close to Apollo Global Management are suggesting the private equity firm is about to close its latest buyout fund. The fund is set to become the largest in the history of buyout funds.   Breaking records   The previous [...]

How Are European Banks Investing in Fintech?

How Are European Banks Investing in Fintech?

CB Insights’ research in European banks investment in fintech makes an interesting read. The research company analysed private market fintech investments by assets under management all the way from 2012 to the current year and noticed banks are keen on fintech investments. With the current rate of investing, funding in European-based fintech firms might surpass $2.6 billion this year.   [...]

Are Silicon Valley’s VCs Losing Interest in Fintech?

Are Silicon Valley’s VCs Losing Interest in ...

Fintech has been booming in recent years. Investors of all kinds have flocked towards the industry and new fintech startups have been popping up all over the globe. But a recent Inc. post suggests Silicon Valley’s VCs might be losing interest.   VCs not as big of a player in fintech   Fintech companies had a surge in investment from [...]

Survey: Private Equity Fund Managers See a Sunnier 2017

Survey: Private Equity Fund Managers See a Sunnier ...

A study of private equity fund managers and their perspectives of the future show the industry could be facing a sunnier 2017. BDO’s Eight Annual Perspective Private Equity Study found fund managers optimistic about the year ahead. The trust for better days ahead comes after volatile 2016.   Private equity industry had a challenging year in 2016. PitchBook estimated the [...]

Experts: Private Equity Has More Growth Potential in the Middle East 

Experts: Private Equity Has More Growth Potential in...

Experts believe appetite for private equity remains strong in the Middle East and North Africa and believe the private equity industry in the region is ripe for further growth. But analysts also told in the recent debate that the region’s private equity industry still has some room for improvement in terms of financial reporting and transparency.   The ICAEW Debate [...]

Private Equity Firm KKR Announces Profits And Prospect of a New Fund

Private Equity Firm KKR Announces Profits And ...

KKR was yet another private equity firm that managed to achieve better than expected results during the first quarter. Although the firm did suffer some damage because of its energy-related assets, it still managed to increase its quarterly profits by 29%. The firm also announced on Thursday that it is considering a new North American fund.   The First Quarter [...]

Israeli Private Equity Firm Viola Raises $250 Million

Israeli Private Equity Firm Viola Raises $250 ...

Private equity company, Viola Private Equity, announced on Wednesday that it has reached its targets with the latest investment fund.  The Israeli firm has been able to raise $250 million with the fund and the firm said there is possibility the fund will remain open for the time being. The firm will use the fund to invest in technology companies, [...]

Is Private Equity Interest In the Gulf Region Waning?

Is Private Equity Interest In the Gulf Region ...

The Gulf region has long been a growing market for private equity and financial advisers around the globe have flocked to the region. But a recent Insight Discovery report shows that the scene might be changing, as more financial advisers are planning to leave the region.   According to the report, only 57% of the advisers in the region feel [...]

Seeking Alpha in Women-run Ventures

Seeking Alpha in Women-run Ventures

When an executive working at a Fortune 1000 company hits the wall in their career, they can take a step out and start their own company.  Now it may get a bit easier for female executives who hit the glass ceiling, that is,  if Hypatia Capital Group is an indication of a new trend in PE. The boutique investment bank [...]

Apollo to Launch New Natural Resource Fund

Apollo to Launch New Natural Resource Fund

Reuters reports that Apollo Global Management LLC APO.N is considering a second natural resource private equity fund. According to the sources close to the matter, the fund would be between $2 billion and $3 billion. This is further proof that the US shale boom is picking up again.   The company has a strong presence already in the sector. Its [...]

Apollo Raise Record Fund Figure

Apollo Raise Record Fund Figure

Apollo Global Management, private equity giant headquartered in New York City, is celebrating having raised the largest funding round anywhere in the world since the 2007-08 financial collapse and subsequent economic downturn, reports Private Equity News. Their latest fund closed at a colossal $17.5billion.   It is reported that $880million of this figure was contributed by Apollo themselves. The final [...]

Where Will PE Funds Invest Their Cash Holdings?

Where Will PE Funds Invest Their Cash Holdings?

We recently looked at the level of private equity (PE) capital that had not been invested in 2013. Although reported figures from Thomson Reuters and the UK Financial Times have the “dry powder” at a value approaching $800billion, within the PE marketplace analysts and commentators are talking of a “real” figure being nearer to $1trillion.   While fundraising has picked [...]

Further VC Evolutions Driven by Kima Ventures

Further VC Evolutions Driven by Kima Ventures

The continuing evolution of private equity (PE) and venture capital (VC) towards using online platforms predominantly in fund raising and deal making has continued with the launch of Kima15, a VC initiative from Kima Ventures, themselves one of the world’s largest angel investor groups.   Kima15 aims to help technology entrepreneurs and tech start-up businesses raise seed investment quicker and [...]