LP record | Jotup

Anduin Launches Investor Data Management to Supercharge LP Workflows for Alternative Investments

Retrieved on:

torsdag, juni 13, 2024

Software, Data Analytics, Finance, Asset Management, Data Management, Professional Services, Technology, Fintech, IDM, Data room, GP, LP record, Cryptocurrency

Today, Anduin launched Investor Data Management (IDM), a platform that enables fund managers to supercharge their investor workflows through the better management and operationalization of their data — all from one place.

Key Points:

Today, Anduin launched Investor Data Management (IDM), a platform that enables fund managers to supercharge their investor workflows through the better management and operationalization of their data — all from one place.
This new solution allows funds to streamline processes by leveraging their existing data stores, eliminating the need to repeatedly request the same information and documents from LPs.
Investor Data Management joins their award-winning suite of offerings including Fund Subscription , Data Room , and Investor Access , which together have helped Anduin raise almost $100B in capital for venture capital, private equity, and hedge funds globally.
With IDM, Anduin is transforming and streamlining the entire fund lifecycle from first contact to close and beyond.

High Alpha Raises $125M Fund, Focused on the Future of Enterprise SaaS

Retrieved on:

tisdag, juni 11, 2024

Professional Services, Data Management, Technology, Software, Finance, Consulting, Internet, ServiceNow, Partnership, LP record, Software as a service, Environment, Alpha, History, Management

Venture firm High Alpha announced today that it raised $125 million for its fourth and largest fund to date.

Key Points:

Venture firm High Alpha announced today that it raised $125 million for its fourth and largest fund to date.
Building upon the firm’s distinct strategy with a focus on the future of enterprise SaaS, High Alpha IV surpassed its fundraising target of $110 million, and closed at $125 million.
“We’ve never been in a better position to help entrepreneurs reach their full potential and create breakout, enterprise SaaS companies,” said High Alpha Managing Partner Scott Dorsey.
We’re excited to continue to cultivate our growing partnership and invest in innovative companies that are helping to shape the future of enterprise software.”
In addition to launching the new fund, High Alpha is announcing the promotion of three new partners within the firm, including High Alpha CFO Blake Koriath, experienced SaaS investor and current High Alpha Principal Seth Corder and former TechPoint CEO and current High Alpha Operating Partner Mike Langellier.

Piper Sandler Enters Definitive Agreement to Acquire Aviditi Advisors

Retrieved on:

torsdag, juni 6, 2024

Finance, Banking, Professional Services, Asset Management, Fintech, Oliver Cromwell, Acquisition, LP record, Sullivan & Cromwell, GP, Credit Suisse, Growth, Keefe, Bruyette & Woods, Schlitt, Piper Sandler Companies, Robertshaw, Donaldson, Lufkin & Jenrette, Partnership, Financial services

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, today announced that it has entered into a definitive agreement to acquire Aviditi Advisors.

Key Points:

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, today announced that it has entered into a definitive agreement to acquire Aviditi Advisors.
Aviditi Advisors will form Piper Sandler’s private capital advisory group, adding yet another industry-leading practice to Piper Sandler’s investment banking platform.
Ryan Schlitt, chief executive officer and co-founder of Aviditi Advisors, commented, “We are extremely excited to be joining the Piper Sandler platform.
Mayer Brown LLP and Keefe, Bruyette & Woods served as advisors to Aviditi Advisors in connection with the transaction.

Drawbridge Releases Its Next Gen Cyber Risk Assessment With Ability for Market Participants to Benchmark Managers’ Cyber Risk

Retrieved on:

torsdag, juni 6, 2024

Professional Services, Data Management, Environmental, Social and Governance (ESG), Security, Data Analytics, Technology, Software, Learning, LP record, Risk, Innovation, GRC, Risk assessment, Risk management

Drawbridge, the premier provider of cybersecurity solutions to the alternative investment industry, announced the release of its next generation cyber risk assessment service.

Key Points:

Drawbridge, the premier provider of cybersecurity solutions to the alternative investment industry, announced the release of its next generation cyber risk assessment service.
Clients can now benchmark and score their cyber programs to prioritize risk remediation by comparing themselves to over 1,000 other managers in real-time.
“With our extensive risk data, portfolio analytics, and deep bench of cybersecurity advisors, Drawbridge offers unparalleled insights into the risk posture of alternative asset managers,” said William Haney, CEO.
For more information about Drawbridge’s new cyber risk assessment suite or to schedule a demo, please visit www.drawbridgeco.com or contact us at [email protected] .

QED Investors Hires Katherine Tercek as Head of Investor Relations

Retrieved on:

onsdag, juni 5, 2024

Finance, Public Relations, Investor Relations, Communications, Professional Services, Fintech, QED, Partner, Economics, Policy, Wells Fargo, LP record, Middlebury College, Bachelor of Arts

QED Investors, a leading global venture capital firm focused on investing in disruptive financial services companies, today announced the hiring of Katherine Tercek.

Key Points:

QED Investors, a leading global venture capital firm focused on investing in disruptive financial services companies, today announced the hiring of Katherine Tercek.
Katherine joins QED to head investor relations where she will be responsible for QED’s fundraising strategy to fuel the franchise that has been built over the past 17 years.
“We’re delighted to have Katherine join to lead our partnering with LPs as QED grows and rides the wave of a global fintech revolution,” said QED Investors Managing Partner Nigel Morris.
She will be based out of QED Investors’ New York City office.

Agora Acquires Clearshift's Real Estate Division to Reinvent Cross-border Payments in Investment Management

Retrieved on:

torsdag, juni 13, 2024

LP record, Acquisition, Entrepreneurship, Partnership, Growth, GP

NEW YORK, June 13, 2024 /PRNewswire/ -- Agora, a leading innovator in real estate investment management solutions, announced today its strategic acquisition of Clearshift's real estate division.

Key Points:

NEW YORK, June 13, 2024 /PRNewswire/ -- Agora, a leading innovator in real estate investment management solutions, announced today its strategic acquisition of Clearshift's real estate division.
This move underscores Agora's commitment to revolutionizing the investment management landscape and streamlining cross-border payments between GPs and LPs for globally operating real estate firms.
Integrating Clearshift's real estate division into the Agora platform will provide existing clients with a seamless transition and enhanced capabilities.
With the addition of the acquisition of Clearshift's real estate division, Agora is poised to continue its impressive expansion, continuing to redefine the real estate investment management landscape.

Brandon Capital Announces Sixth Fund with A$270 million (US$180 million) Initial Close to Drive Life Science Innovation

Retrieved on:

tisdag, juni 4, 2024

Investment, Therapy, Hospital, Enzyme, Clinical trial, Vaccine, LP record, Growth, Partner, Partnership, Pharmaceutical industry

MELBOURNE, Australia, June 04, 2024 (GLOBE NEWSWIRE) -- Brandon Capital, Australasia’s leading life sciences venture capital firm, today announced the launch of its sixth fund, Brandon Capital Fund VI, with an initial close at A$270 million (US$180 million). This new fund will support the growth of Australian and New Zealand life sciences startups, invest in scale-ups, and expand Brandon Capital's international presence, particularly in the United Kingdom, Europe, and the United States.

Key Points:

MELBOURNE, Australia, June 04, 2024 (GLOBE NEWSWIRE) -- Brandon Capital, Australasia’s leading life sciences venture capital firm, today announced the launch of its sixth fund, Brandon Capital Fund VI, with an initial close at A$270 million (US$180 million).
Fund VI is backed by existing Limited Partner (LP) investors, including Australian superannuation (pension) funds, and new investors.
The new Fund will allow Brandon Capital to continue its early-stage investment strategy and support later-stage growth investments in world-class life sciences companies.
Dr. Chris Nave, Managing Partner of Brandon Capital, said, “We deeply appreciate our LPs' continued trust in Brandon Capital and their recognition of the life sciences sector as a rewarding venture capital asset class.

Alterna Equity Partners Announces Closing of Fund I

Retrieved on:

torsdag, maj 30, 2024

Partnership, Investment, Transport, Growth, Environment, AEP, Partner, LLP, LP record, Tourism

FORT LAUDERDALE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- Alterna Equity Partners (“AEP”), a South Florida-based lower middle-market private equity firm, proudly announces the successful closing of its inaugural fund, Alterna Equity Partners Fund I (“Fund I”).

Key Points:

FORT LAUDERDALE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- Alterna Equity Partners (“AEP”), a South Florida-based lower middle-market private equity firm, proudly announces the successful closing of its inaugural fund, Alterna Equity Partners Fund I (“Fund I”).
AEP's mission is to collaborate with entrepreneurs in a partnership-oriented approach, facilitating the continued growth and expansion of their businesses.
AEP received significant support from its limited partners, comprised of institutions, family offices and individuals.
Fund I has successfully closed its first two platform investments, Mod Op and Bulk Express, and is actively seeking new platform investments.

Energy Capital Partners (ECP) Completes $6.7 Billion Fundraise

Retrieved on:

tisdag, maj 28, 2024

Energy Capital Partners (“ECP”), a leading investor across energy transition, electrification and decarbonization infrastructure assets, today announced the successful final closing of its fifth flagship equity strategy, ECP V (“Fund V”), with total capital commitments of $4.4 billion.

Key Points:

Energy Capital Partners (“ECP”), a leading investor across energy transition, electrification and decarbonization infrastructure assets, today announced the successful final closing of its fifth flagship equity strategy, ECP V (“Fund V”), with total capital commitments of $4.4 billion.
ECP exceeded its initial $4.0 billion target for Fund V by 10 percent and also raised an additional $2.3 billion of co-investment capital, reflecting the strong and continued support for ECP’s flagship equity strategy.
Earlier today, ECP announced the $2.6 billion (equity value) take-private of Atlantica Sustainable Infrastructure plc, a diversified renewable and power platform with assets located primarily across the U.S. and Europe.
Upon closing, this will represent Fund V’s eighth investment in two years totaling approximately $2.2 billion of capital committed (or $4.4 billion when including co-investment).

Citco: NAV Lending Grows Rapidly as Heightened Disclosure Looms

Retrieved on:

tisdag, maj 28, 2024

Across Citco’s ecosystem, less than 15% of NAV facilities have been used to fund distributions to investors, with the remaining 85% used for the purposes above.

Key Points:

Across Citco’s ecosystem, less than 15% of NAV facilities have been used to fund distributions to investors, with the remaining 85% used for the purposes above.
A NAV facility is most often a loan – extended by banks, insurance companies and specialty private lenders – to an alternative investment fund that is secured by the fund’s investments, which collectively comprise its NAV.
Citco plans to expand its NAV lending capability to match demand, drawing from its own liquidity and a range of institutional partners.
Overall, the presence of NAV facilities provide a source of liquidity for closed-end funds, allowing them to maintain resilience in a precarious environment.