GP

LambdaVision Announces First Closing of Seed Round to Advance Artificial Retina Preclinical Studies for Retinal Eye Diseases

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水曜日, 5月 29, 2024

LambdaVision , an innovative biotech company developing a protein-based artificial retina to help patients regain sight lost to retinal degenerative diseases, announced it secured the first closing of its seed round being led by Aurelia Foundry Fund , a fund spun out of MIT.

Key Points: 
  • LambdaVision , an innovative biotech company developing a protein-based artificial retina to help patients regain sight lost to retinal degenerative diseases, announced it secured the first closing of its seed round being led by Aurelia Foundry Fund , a fund spun out of MIT.
  • The round also includes investment from Boryung, a publicly listed Korean pharmaceutical company, and E2MC Ventures.
  • While the preclinical studies are being conducted on Earth, LambdaVision is optimizing assembly of its artificial retina in low-Earth orbit.
  • “We are proud to lead this seed round with LambdaVision and eager to support bringing a life-changing product to market,” said Ariel Ekblaw, GP, Aurelia Foundry Fund.

Private markets, public risk? Financial stability implications of alternative funding sources

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火曜日, 5月 28, 2024

Euro area private markets have grown significantly in recent years, providing alternative funding sources for companies and diversification benefits for investors.

Key Points: 
  • Euro area private markets have grown significantly in recent years, providing alternative funding sources for companies and diversification benefits for investors.
  • While private markets are currently small relative to public markets and bank lending in the euro area, continued strong growth, financial innovation and opaqueness in private markets could contribute to financial stability risks.

GDS Holdings Limited Reports First Quarter 2024 Results

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水曜日, 5月 22, 2024

SHANGHAI, China, May 22, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS”, “GDSH” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced its unaudited financial results for the first quarter ended March 31, 2024.

Key Points: 
  • SHANGHAI, China, May 22, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS”, “GDSH” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced its unaudited financial results for the first quarter ended March 31, 2024.
  • Gross profit margin was 21.8% in the first quarter of 2024, compared with 20.4% in the first quarter of 2023, and 16.9% in the fourth quarter of 2023.
  • Adjusted GP margin (non-GAAP) was 52.1% in the first quarter of 2024, compared with 52.3% in the first quarter of 2023, and 49.7% in the fourth quarter of 2023.
  • Adjusted EBITDA margin (non-GAAP) was 45.0% in the first quarter of 2024, compared with 46.9% in the first quarter of 2023, and 44.3% in the fourth quarter of 2023.

Lexington Partners Announces Dedicated Strategy and Team to Lead Continuation Vehicle Transactions at Scale

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木曜日, 5月 23, 2024

Lexington Partners (“Lexington”) announced a dedicated strategy and team focused on leading single-asset continuation vehicle (“CV”) transactions.

Key Points: 
  • Lexington Partners (“Lexington”) announced a dedicated strategy and team focused on leading single-asset continuation vehicle (“CV”) transactions.
  • In conjunction with the launch, Christophe Browne has joined Lexington as a Partner to help lead the dedicated effort.
  • The firm’s dedicated team, which will work exclusively on continuation vehicle transactions, includes several experienced Lexington investment professionals.
  • “We are delighted to welcome Christophe to Lexington as we build a dedicated Lexington team to focus on a best-in-class continuation vehicle investment strategy for GPs and capital allocators.

Intelligent Waves’ GRAYPATH and Phantom Innovative CyberComm Solutions Win Cybersecurity Excellence Awards 2024

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水曜日, 5月 22, 2024

Intelligent Waves (IW) , a leading tech integrator that delivers mission-focused multi-domain operational expertise and innovation to the Government through high-impact technology solutions, today announced that its secure communication solutions, GRAYPATH and Phantom won the Gold Excellence Award for Government Cyber Industry Solution in the 2024 Cybersecurity Excellence Awards .

Key Points: 
  • Intelligent Waves (IW) , a leading tech integrator that delivers mission-focused multi-domain operational expertise and innovation to the Government through high-impact technology solutions, today announced that its secure communication solutions, GRAYPATH and Phantom won the Gold Excellence Award for Government Cyber Industry Solution in the 2024 Cybersecurity Excellence Awards .
  • “We congratulate Intelligent Waves on being recognized as an award winner in the Technology category of the 2024 Cybersecurity Excellence Awards,” said Holger Schulze , CEO of Cybersecurity Insiders and founder of the 600,000-member Information Security Community on LinkedIn, which organizes the 9th annual Cybersecurity Excellence Awards.
  • “With over 600 entries across more than 300 categories, the awards are highly competitive.
  • Additionally, these solutions garnered the attention of the special operations and IC defense secure communications community.

Allvue Systems Selected by BGV to Provide Investor Relations Software Solutions

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火曜日, 5月 21, 2024

Allvue Systems, LLC (“Allvue”), a leading alternative investment technology solutions provider, today announced an agreement with BGV to provide investor portal software.

Key Points: 
  • Allvue Systems, LLC (“Allvue”), a leading alternative investment technology solutions provider, today announced an agreement with BGV to provide investor portal software.
  • BGV is an early-stage venture capital firm based in Silicon Valley focusing on global Enterprise 4.0 technology innovation.
  • Allvue’s solutions will streamline the growing firm’s investor relations and prospective investor communications efforts through the delivery of Allvue Investor Portal.
  • We are excited to kick off a long-range partnership with them knowing we have the solutions needed as they scale their investor base and fund operations.”
    To learn more about Allvue’s investor relations solutions, visit our Investor Portal page or request a demo .

Leading Private Equity Innovator Antoine Dréan Announces Next Steps to Accelerate Growth in Private Markets Amid Pivotal Shifts

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月曜日, 5月 13, 2024

“I’m excited to focus my energies on Mantra as we seek bold new strategies in the private markets,” said Dréan, who assumes a new role as Mantra’s Chief Investment Officer.

Key Points: 
  • “I’m excited to focus my energies on Mantra as we seek bold new strategies in the private markets,” said Dréan, who assumes a new role as Mantra’s Chief Investment Officer.
  • “Mantra is exceptionally well positioned to seize on many exciting new and overlooked opportunities across the ever-evolving financial markets.
  • Mantra publishes the proprietary Mantra Niche Private Equity Index , which is constructed by analyzing the internal rate of return (IRR) and multiple on invested capital (MOIC) historical data across 6,000 specialized private equity investments.
  • The Q1 2024 Mantra Niche Private Equity Index shows that 2011 to 2021 vintage Niche Private Equity funds returned an average net IRR of 38% and 2.3x MOIC.

ProofID wins Judges' Award for Global Ambition at the 2024 Northern Tech Awards

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金曜日, 5月 10, 2024

MANCHESTER, England, May 10, 2024 /PRNewswire/ -- UK-headquartered, global Identity and Access Management (IAM) specialist, ProofID has won the Judge's Award for Global Ambition at the Northern Tech Awards held at Manchester Cathedral.

Key Points: 
  • MANCHESTER, England, May 10, 2024 /PRNewswire/ -- UK-headquartered, global Identity and Access Management (IAM) specialist, ProofID has won the Judge's Award for Global Ambition at the Northern Tech Awards held at Manchester Cathedral.
  • The awards, organised by GP Bullhound, are a demonstration of the spirit of innovation, resilience, and growth that defines the Northern tech ecosystem.
  • Tom Eggleston, CEO of ProofID said: "ProofID has always embraced its northern roots, but it's been an exciting road."
  • Javed Huq, Managing Director of sponsor, GP Bullhound said: "Congratulations to all the winners of the 2024 Northern Tech Awards.

ProofID wins Judges' Award for Global Ambition at the 2024 Northern Tech Awards

Retrieved on: 
金曜日, 5月 10, 2024

MANCHESTER, England, May 9, 2024 /PRNewswire/ -- UK-headquartered, global Identity and Access Management (IAM) specialist, ProofID has won the Judge's Award for Global Ambition at the Northern Tech Awards held at Manchester Cathedral.

Key Points: 
  • MANCHESTER, England, May 9, 2024 /PRNewswire/ -- UK-headquartered, global Identity and Access Management (IAM) specialist, ProofID has won the Judge's Award for Global Ambition at the Northern Tech Awards held at Manchester Cathedral.
  • The awards, organised by GP Bullhound, are a demonstration of the spirit of innovation, resilience, and growth that defines the Northern tech ecosystem.
  • Tom Eggleston, CEO of ProofID said: "ProofID has always embraced its northern roots, but it's been an exciting road."
  • Javed Huq, Managing Director of sponsor, GP Bullhound said: "Congratulations to all the winners of the 2024 Northern Tech Awards.

Gen II Announces The Rebranding of its Portal to Sensr Portal

Retrieved on: 
水曜日, 5月 8, 2024

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Gen II Fund Services, LLC (“Gen II”), a premier independent private capital fund administrator, is excited to announce the rebranding of its investor portal, Update Capital, to Sensr® Portal.

Key Points: 
  • NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Gen II Fund Services, LLC (“Gen II”), a premier independent private capital fund administrator, is excited to announce the rebranding of its investor portal, Update Capital, to Sensr® Portal.
  • Sensr® Portal empowers fund managers to improve investor relationships with efficient, robust communications, data analytics, and reporting.
  • Sensr® Portal is the latest addition to Gen II’s innovative Sensr® product suite.
  • Sensr® Portal exemplifies Gen II’s unwavering commitment to innovation, equipping GPs with the essential data and transparency required to strengthen LP relationships and foster trust.