UK unquote
LGPS appoints Ross as CIO
Ross was previously deputy CIO and joined the company two years ago
Waterland invests in IMC
Viv Adshead, former president and CEO of Ashfield Communications, agrees to join the IMC board
GP Profile: August Equity Partners
Philip Rattle discusses mitigating the effects of the coronavirus crisis on the portfolio, and the firm's exit strategy
Horizon sells Connexas to trade
For the 2019 financial year, the company reported adjusted EBITDA of £6m from revenues of £18.4m
UK fundraising update: name-brands push on through
Despite the coronavirus crisis, many GPs and VC investors are expecting to hold closes in 2020
S-UBG wholly acquires Palmer Hargreaves
S-UBG offers growth capital and seed funding through its Seed Fonds II Aachen fund
Revenio invests in €39.2m round for Fly Now Pay Later
Fly Now Pay Later allows users to pay for travel plans in instalments of up to a year
BCAP invests in Orka
This is BCAP Launchpad's second investment, following the firm's investment in Scotty Technologies
Unigestion gears up to invest in small and mid-market PE
Unigestion partners expect investment opportunities to emerge in the small-cap market
McDermott hires two in debt advisory team
Mark Fine and Aymen Mahmoud join the London office from Willkie Farr & Gallagher
Palatine appoints new partner to Impact Fund team
Palatine held a final close for its debut impact fund on £100m in September 2017
JTC appoints Dublin leadership team
Appointments follow JTC's recent acquisition of the corporate services business Cornerstone
Artemis buys Bridge Farm for $90m
Artemis will assume $45m of debt under the vendor Sundial's existing $115m term debt facility
Maven invests £1m in Boiler Plan
Founded in 2014, Boiler Plan provides an online platform for the purchase of a new boiler
WGAM buys minority stake in Validus
Validus is a financial risk management firm with offices in the UK in London and Eton
Highland Europe leads £18.9m round for Modulr
Existing investors including Frog Capital and Blenheim Chalcot also participate
BDC IV holds first close
To date, the Teachers' Retirement System of Louisiana has invested £50m in BDC IV
Inflexion-backed Global Reach acquires Encore FX’s Canada operation
On 30 March 2020 Encore FX filed an assignment in bankruptcy in Canada with EY as the trustee
Merian Chrysalis leads £30m in Featurespace
Following completion, IP Group will hold a direct undiluted beneficial stake of 19.7%
3i posts 6% gross return for PE, down from 20% for FY 2019
3i made three new investments in the financial year for a total of £413m and completed 13 bolt-ons
Piper promotes McAlpine to investment manager
McAlpine has previously worked at strategy consultancy Parthenon-EY and at Oakley as an analyst
SCP acquires Bain Credit-backed TM Lewin
SCP acquires the business as a going concern, taking over the entire store network
UK CFOs anticipate 1-2 year's slip in exit timetables - survey
Of the 144 CFOs surveyed by Unquoted Advisory, 52% say investors have been "very supportive"
Axa Venture-backed Cognism acquires Mailtastic
In March 2020, Cognism raised $12m in a funding round led by Axa Venture Partners