Topics: Funds

Private Equity Struggling to Raise Funds in the Middle East

Private Equity Struggling to Raise Funds in the ...

Private equity and venture capital funds are not performing strongly in the Middle East, according to the latest reporting. MENA Private Equity Association published its annual report, which shows a 41% drop in private equity and venture capital funds last year. In terms of the region’s winner, UAE attracted the most interest from private equity funds.   The report’s findings [...]

Plynk Raises €25m and Plans to Expand Outside Ireland

Plynk Raises €25m and Plans to Expand Outside ...

Irish money messaging app Plynk has secured €25 million in its recent Series A round. The investment round was led by Swiss Privée Ltd, which is a private investment trust. The fintech firm’s next step is to launch the product in the UK and Europe.   The fundraising round   The €25 million investment round was led by the Swizz [...]

Growth Capital Ventures Attracts a £57.5m Investment Fund

Growth Capital Ventures Attracts a £57.5m ...

UK fintech firm Growth Capital Ventures has attracted a £57.5m investment fund. The investment fund comes after its recent £1.1m investment from private equity, which helped the northeastern firm to create over ten jobs in the region. The latest investment will go towards helping local small businesses access capital in order to grow.   Major investment fund to boost growth [...]

Private Equity Hungry for Tech Deals

Private Equity Hungry for Tech Deals

Private equity has not always been in love with the technology sector. A few decades ago, tech deals were considered a poor bet for private equity firms. Ideas were not thought to outweigh physical assets as an investment opportunity.   But things have changed – technology is a hot investment opportunity for firms, with many of them looking hungrily for [...]

Three Things to Remember when Investing in Quants: an Interview with Michael Richter

Three Things to Remember when Investing in Quants: ...

High net worth individual investor and 40 year financial services veteran Michael Richter shares his insights about due diligence on quants. Three things to remember when investing in quants Operational due diligence - how does your manager segregate controls Half lives, hypotheses and what to look out for before you invest Ask these questions when getting into the black box The [...]

KKR Buys a Minority Stake in a UK Hedge Fund

KKR Buys a Minority Stake in a UK Hedge Fund

  UK-based hedge fund, Marshall Wace, announced on Wednesday that the US private equity firm, KKR, has acquired a stake in the hedge fund. The private equity firm has taken a 24.9% stake in the London-based company, with the option to increase its stake in the future.   The Agreement   According to the official statement, the private equity firm [...]

Abraaj Group’s $1.4bn Funds Shows Strength in African Private Equity

Abraaj Group’s $1.4bn Funds Shows Strength in ...

  Abraaj Group announced big news at the start of the week, as it closed its latest private equity fund. The North Africa focused fund managed to raise $375 million in investments. Together with its previous sub-Saharan focused fund, closed in April, Abraaj Group is set to invest nearly $1.4 billion more in the continent.   The Newest Fund   [...]

Booming Stock Market Has Helped China’s Private Equity Industry

Booming Stock Market Has Helped China’s Private ...

China’s private equity industry has matured quickly in the past few years. With the Chinese stock market surging in recent months, private equity and hedge funds have also started to emerge in an impressive rate. The increase in private equity is changing the country’s investment scene.   Growing Fund Numbers   According to the figures from the Chinese securities regulator, [...]

Private Equity Provides Strong Backing for a New Insurance Group

Private Equity Provides Strong Backing for a New ...

Private equity firms have provided a strong backing for a new insurance group, showing the industry still has faith in the sector. But while the Fidelis Insurance Holdings group managed to gain $1.5 billion in funds from private equity firms and other investors, some in the private equity industry are saying the sector’s investment has been a “mixed bag” for [...]

Lloyds’ Private Equity Arm to Inject More Money into Mid-Market Companies

Lloyds’ Private Equity Arm to Inject More Money ...

Lloyds Banking Group’s private equity arm has promised to boost investment in British medium-sized businesses. LDC has announced plans that would see the firm invest around £1.2 billion in the mid-market sector in the next three years. Is the sector “the forgotten army” of the British Economy?   The Plans LDC, which used to be called Lloyds Development Capital, has [...]

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 [...]

Private Equity Funds Behind Univision Set for $1 Billion IPO

Private Equity Funds Behind Univision Set for $1 ...

One of the fastest growing major broadcasters in the US is poised to launch its initial public offering (IPO) later this year, according to reports. The Spanish-language broadcaster Univision is backed by big private equity firms, including TPG Capital and Madison Dearborn Partners.   Reuters broke the news exclusively on late Tuesday evening. According to its report, the IPO could [...]

Large Funds Raised Prior to Russian Investment

Large Funds Raised Prior to Russian Investment

Russia is seen as one of the world’s “sleeping giants” when it comes to private equity (PE) investment. Despite being the world’s largest country, the sheer vastness of the nation means that PE investment goes one of two ways. It either is spread thinly across the whole country, or is focused on the big cities in the west of the [...]

Direct PE Investments Attract Large Investors

Direct PE Investments Attract Large Investors

Reuters says pension funds and other large investors are looking for ways to bypass PE funds and invest directly in companies, as well as continuing co-invest alongside private equity funds. The article suggests the main reason for the trend is that large pension funds and insurers are seeking to avoid the “large fees” associated investing through PE vehicles.   Limited [...]

UK VC Fund Finds the Exit

UK VC Fund Finds the Exit

DN Capital, a UK venture fund has just had seven exits in two years, according to Unquote UK. The latest is the Thomson Reuters acquisition of its portfolio company, Apsmart, a mobile solutions startup. The GP also sold Endeca to another big name strategic buyer, Oracle, for USD 1 billion, and it sold Datanomic a few months previously, also to [...]