Fund of funds

AGF Private Capital Inc. to Make Strategic Investment in Kensington Capital Partners Limited

Retrieved on: 
Monday, January 15, 2024

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) --

Key Points: 
  • AGF Private Capital Inc. – AGF Management Limited’s (AGF) private markets business – has signed definitive agreements to acquire a majority interest in Kensington Capital Partners Limited (Kensington), one of Canada’s leading alternative investment firms, as part of AGF’s strategic imperative to grow its private markets business.
  • Kensington employs a hybrid investment strategy across Fund of Funds, co-investments and direct investing, providing investors with well-diversified exposure to private markets.
  • Kensington will retain its investment and operational independence as part of AGF and will receive significant strategic support from AGF as part of the relationship.
  • “We are very excited to partner with Kensington as we further build out our diversified private markets business,” said Ash Lawrence, Head of AGF Private Capital.

LBank Labs' Strategic Expansion into Morocco's Casablanca Finance City: A Visionary Move

Retrieved on: 
Wednesday, December 27, 2023

LBank Labs' Strategic Foray into Morocco's Casablanca Finance City: A Visionary Move

Key Points: 
  • LBank Labs' Strategic Foray into Morocco's Casablanca Finance City: A Visionary Move
    To view an enhanced version of this graphic, please visit:
    Morocco's strategic location serves as a bridge between major global markets, offering a key gateway for international trade and investment.
  • This membership is not just a strategic position but also opens doors to networking opportunities, market insights, and regional expansion.
  • A key aspect of this strategic partnership with CFC is the significant benefit it grants to LBank Labs' employees.
  • In 2023, LBank Labs' strategic investment in Morocco, marked by the CFC certification and led by a visionary team, is a story of resilience, strategic foresight, and commitment to regional development.

Half year trading update and notice of results

Retrieved on: 
Wednesday, December 13, 2023

Fair value movements reflect the net of £20 million increases offset by reductions of £70 million.

Key Points: 
  • Fair value movements reflect the net of £20 million increases offset by reductions of £70 million.
  • In the last 12 months our portfolio companies, such as Riverlane and Form3, have raised £467 million in aggregate.
  • Cash resources and investment cadence:
    Discipline around our deployment process remains a focus, with realisations exceeding the amount invested in the period.
  • Molten Ventures announces that the Company’s Interim Results are scheduled for release on 22 November 2023.

PivotalPath Celebrates 10 Years of Empowering Hedge Fund Growth through Greater Transparency and Analytics

Retrieved on: 
Monday, November 6, 2023

NEW YORK, Nov. 6, 2023 /PRNewswire/ -- PivotalPath, a leading hedge fund research company, has today announced the celebration of 10 years in business. During this time, the firm has expanded significantly while maintaining true to its mission of challenging the status quo in hedge fund due diligence. By the numbers, PivotalPath now covers over 2,500 institutional quality hedge funds across 40 strategies comprising more than $3 trillion in global hedge fund capital.

Key Points: 
  • During this time, the firm has expanded significantly while maintaining true to its mission of challenging the status quo in hedge fund due diligence.
  • By the numbers, PivotalPath now covers over 2,500 institutional quality hedge funds across 40 strategies comprising more than $3 trillion in global hedge fund capital.
  • Launched in November of 2013, PivotalPath set out to provide institutional investors with transparency and insight into the hedge fund industry.
  • The lack of transparency has created inefficiencies in allocating capital to hedge funds while hindering the industry's overall growth.

The Bob & Renee Parsons Foundation and PXG Double Down for Veterans with a $10 Million Match

Retrieved on: 
Thursday, October 26, 2023

CAMP PENDLETON, Calif., Oct. 26, 2023 /PRNewswire/ -- For the 12th consecutive year, Semper Fi & America's Fund (The Fund) is partnering with The Bob & Renee Parsons Foundation (The Foundation) and PXG (Parsons Xtreme Golf) for the Double Down for Veterans match campaign. Through the end of the year, The Foundation, with support from PXG, will generously match up to $10 million in donations made to The Fund. If met, this match will bring support of The Fund from The Bob & Renee Parsons Foundation and PXG to $100 million!

Key Points: 
  • Through the end of the year, The Foundation, with support from PXG, will generously match up to $10 million in donations made to The Fund.
  • If met, this match will bring support of The Fund from The Bob & Renee Parsons Foundation and PXG to $100 million!
  • Since it began in 2012, the Double Down for Veterans match campaign has raised $193 million thanks to the thousands of donors who, year after year, have looked forward to participating in the annual match from The Bob & Renee Parsons Foundation and PXG.
  • "Bob and I have a deep commitment to our military families – those who safeguard and preserve our Nation's freedom," said Renee Parsons, Co-founder of The Bob & Renee Parsons Foundation and President and Executive Creative Director of PXG Apparel.

Launch of Irish Focused Fund

Retrieved on: 
Friday, July 28, 2023

Molten Ventures plc (LSE: GROW, Euronext Dublin: GRW), a leading venture capital firm investing in and developing high-growth digital technology businesses, today announces the launch of its Irish focused fund, with investment from existing Molten shareholder Ireland Strategic Investment Fund (“ISIF”), to back high growth technology companies whose core activities, management and expertise are located in the Republic of Ireland.

Key Points: 
  • Molten Ventures plc (LSE: GROW, Euronext Dublin: GRW), a leading venture capital firm investing in and developing high-growth digital technology businesses, today announces the launch of its Irish focused fund, with investment from existing Molten shareholder Ireland Strategic Investment Fund (“ISIF”), to back high growth technology companies whose core activities, management and expertise are located in the Republic of Ireland.
  • The fund brings additional third party capital alongside Molten’s existing investment criteria and deployment plans, thereby unlocking further capital for the Irish market.
  • Two existing Irish portfolio investments of Molten will be transferred into the fund at their net asset value generating immediate cash proceeds of around £2.5m to Molten.
  • The launch of our new Irish focused fund continues our long-standing relationship with ISIF as a strategic partner and enables us to continue to back promising Irish technology companies and visionary founders inventing tomorrow.

Full year trading update and notice of results

Retrieved on: 
Friday, April 28, 2023

Fair value movements and portfolio performance:

Key Points: 
  • Fair value movements and portfolio performance:
    Gross fair value reduction in the six-month period to 31 March 2023 of £23 million excluding FX.
  • Fair value movement reflects the net of £81 million increases offset by reductions of £104 million.
  • The lower fair value reduction relative to the Enterprise Value movements reflects the preference share protection limiting the downside.
  • Portfolio companies have adapted to the current environment and undertaken cost-cutting measures as well as prudently managing their own balance sheets.

Blue Tractor Licensee Summit Global Investments Launches First Fund of Funds Semi-Transparent ETF on Nasdaq

Retrieved on: 
Friday, April 14, 2023

Utah-based SGI is a $2 billion AUM RIA known for its Managed Risk Approach™ to mitigate investment risk and capture market returns.

Key Points: 
  • Utah-based SGI is a $2 billion AUM RIA known for its Managed Risk Approach™ to mitigate investment risk and capture market returns.
  • Terry Norman, founder of Blue Tractor commented, “We were delighted to work with Dave Harden and his team at SGI, as well as the professionals at Nasdaq, The RBB Fund, U.S. Bank, GTS and SunStar Strategic to launch this exciting new ETF.
  • SGI’s proprietary actively managed strategies dovetail perfectly with Blue Tractor’s Shielded Alpha® ETF wrapper.”
    Blue Tractor’s Shielded Alpha® ETF structure is a "wrapper" that facilitates management of actively managed portfolio strategies within an ETF.
  • “We believe the Blue Tractor wrapper is ideal for DYTA’s Fund of Funds strategy,” said Harden, “Because our strategy invests in other ETFs, protecting allocation exposures was critical.

Henry Repeating Arms Honors Military Veterans with $25,000 Donation to Semper Fi & America's Fund

Retrieved on: 
Tuesday, April 4, 2023

RICE LAKE, Wis., April 4, 2023 /PRNewswire/ -- Henry Repeating Arms is honored to announce a donation of $25,000 to Semper Fi & America's Fund (The Fund) in support of their mission to care for critically wounded, ill, and injured service members, veterans, and their families.

Key Points: 
  • RICE LAKE, Wis., April 4, 2023 /PRNewswire/ -- Henry Repeating Arms is honored to announce a donation of $25,000 to Semper Fi & America's Fund (The Fund) in support of their mission to care for critically wounded, ill, and injured service members, veterans, and their families.
  • "Thank you to all who served our great country and thank you to those who work so hard to make Semper Fi & America's Fund as impactful as it is."
  • The last rifle in the series is available to the public through an online auction hosted by Henry Repeating Arms.
  • "Henry Repeating Arms' generous donation will help our nation's service members and their families to achieve the highest possible quality of life and independence," said Karen Guenther, President, CEO, and Founder of Semper Fi & America's Fund.

Hamilton Lane named Best Asset Manager by Korean Investors for Third Consecutive Year

Retrieved on: 
Tuesday, March 28, 2023

SEOUL, South Korea, March 28, 2023 /PRNewswire/ -- Leading private markets investment management firm Hamilton Lane (NASDAQ: HLNE) announced today that it has been named to The Korea Economic Daily's (KED) 'Best Asset Managers' list for the third consecutive year. The firm is the only organization to be recognized as 'Best of the Best' in the Fund of Funds category every year since the award was created.

Key Points: 
  • SEOUL, South Korea, March 28, 2023 /PRNewswire/ -- Leading private markets investment management firm Hamilton Lane (NASDAQ: HLNE) announced today that it has been named to The Korea Economic Daily's (KED) 'Best Asset Managers' list for the third consecutive year.
  • The firm is the only organization to be recognized as 'Best of the Best' in the Fund of Funds category every year since the award was created.
  • The highest-voted asset manager across all categories is selected as the 'Best of the Best Asset Manager' by KED.
  • Hamilton Lane once again was recognized on the list, receiving the 'Best of the Best' distinction in both the Private Equity Large Cap and Fund of Funds categories.