REDD Intelligence, an online provider of material intelligence on emerging market event driven special situations, has closed a USD5.8 million equity financing round.This is REDD’s first institutional financing and was led by Nassau Point Investors. Other investors include Neil Osborn,
UBS Financial Services has invested in iCapital Network, a financial technology platform providing access to alternative investments for high-net-worth individuals and their financial advisors, joining lead investor BlackRock as a strategic partner. Founded in 2013, iCapital’s online platform offers the
Pan-European private equity firm IK Investment Partners’ (IK) IK Small Cap I Fund is to acquire a minority stake in Third Bridge, a primary research provider. Financial terms of the transaction have not been disclosed. Third Bridge provides its clients
Dyal Capital Partners, a division of Neuberger Berman Group, has acquired a strategic minority stake in private credit and special opportunities alternative investment manager, Atalaya Capital Management. Dyal will become a passive, non-voting partner in Atalaya. All of the proceeds
Citi has joined the Series A funding round for Axoni, a provider of distributed ledger technology to the financial services industry, bringing the total amount raised to over USD20 million. Citi joins other Series A investors, including Wells Fargo, NEX
Edison Partners has led a financing of New York City-based Predata, a provider of predictive event intelligence used by hedge funds, corporate security officers, and government agencies to forecast geopolitical risk throughout the world. Chicago Ventures and Conversion Capital also
American Beacon Advisors, a provider of investment advisory services to institutional and retail markets, has completed an investment of a minority interest in ARK Investment Management, a New York based federally registered investment adviser that offers registered and unregistered investment
Northern Energy Capital (NEC) and Roundtable Capital Partners have completed the initial closing of NEC Fund I Canadian at approximately USD45 million. The fund will be wholly focused on investing in oilfield services and related industrial businesses in Canada.
Elliott Management, led by its Menlo Park affiliate Evergreen Coast Capital, has completed an investment in ASG Technologies, a Florida-based enterprise IT software company with products in content management, systems management, workspaces and enterprise data intelligence. Elliott intends to invest
BlackRock is to lead the next funding round in iCapital Network, a financial technology platform focused on democratising access to alternative investments for high-net-worth investors and their financial advisers. Frank Porcelli, chairman of BlackRock’s US wealth advisory business, is to join
