Private equity

Certain Morgan Stanley Closed-End Funds Declare Quarterly Dividends

星期五, 六月 18, 2021 - 9:30pm

Morgan Stanley Emerging Markets Debt Fund, Inc.

Key Points: 
  • Morgan Stanley Emerging Markets Debt Fund, Inc.
    Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.
  • The amount of dividends paid by each of the Funds may vary from time to time.
  • For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im .
  • Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services.

GTJAI Assisted ATRenew with its Debut on NYSE

星期五, 六月 18, 2021 - 3:21pm

Endorsed as the first ESG-related China concept stock, ATRenew has swept along investors, oversubscribed by more than 10 times.

Key Points: 
  • Endorsed as the first ESG-related China concept stock, ATRenew has swept along investors, oversubscribed by more than 10 times.
  • ATRenew is both GTJAIs 10th completed equity market deal this year and its first listed private equity investment.
  • During the groundwork for the listing, GTJAI further provided ATRenew with capital market services to back its debut on the global market.
  • As the largest platform, ATRenew greatly improves the transparency of recycling and has tackled such pain points of the market.

Unified Women’s Healthcare and CCRM Fertility Establish Strategic Partnership

星期五, 六月 18, 2021 - 1:15pm

Unified Womens Healthcare (Unified), a leading practice management platform in womens healthcare backed by Altas Partners (Altas), funds managed by the Private Equity Group of Ares Management Corporation (Ares) and Oak HC/FT, today announced that it has entered into a definitive agreement to partner with CCRM Fertility (CCRM), a global pioneer in fertility treatment, research and science.

Key Points: 
  • Unified Womens Healthcare (Unified), a leading practice management platform in womens healthcare backed by Altas Partners (Altas), funds managed by the Private Equity Group of Ares Management Corporation (Ares) and Oak HC/FT, today announced that it has entered into a definitive agreement to partner with CCRM Fertility (CCRM), a global pioneer in fertility treatment, research and science.
  • In addition, TA Associates, which has been a strategic investor in CCRM since 2015, will exit its stake in the company.
  • The addition of CCRMs clinically integrated fertility services platform marks the beginning of an exciting new chapter for Unified, said Bob LaGalia, president and CEO of Unified.
  • We look forward to collaborating with CCRM to serve even more physicians and patients across the spectrum of womens healthcare.

DGAP-News: VERIANOS SE reports preliminary figures for the 2020 financial year

星期五, 六月 18, 2021 - 1:03pm

EBITDA expected to be EUR -2.7 million (previous year: EUR -1.3 million)

Key Points: 
  • EBITDA expected to be EUR -2.7 million (previous year: EUR -1.3 million)
    Cologne, 18 June 2021 - VERIANOS SE (ISIN: DE000A0Z2Y48) has published its preliminary figures for the 2020 financial year.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) are expected to amount to EUR -2.7 million (previous year: EUR -1.3 million).
  • The company's capital resources per balance sheet date as of December 31, 2020 remain solid with a preliminary equity ratio of around 42%.
  • Furthermore, VERIANOS SE announces that Board member Ole Sichter will leave the group for personal reasons on June 30, 2021.

Local Bounti, Disruptive AgTech Company Redefining the Future of Farming, to Go Public in $1.1B SPAC Deal via Leo Holdings III Corp.

星期五, 六月 18, 2021 - 11:00am

Breakthrough U.S. indoor agriculture company Local Bounti Corporation (Local Bounti) has agreed to go public through a merger with Leo Holdings III Corp. (Leo or Leo Holdings) (NYSE: LIII), a publicly-traded special purpose acquisition company, pursuant to a definitive business combination agreement.

Key Points: 
  • Breakthrough U.S. indoor agriculture company Local Bounti Corporation (Local Bounti) has agreed to go public through a merger with Leo Holdings III Corp. (Leo or Leo Holdings) (NYSE: LIII), a publicly-traded special purpose acquisition company, pursuant to a definitive business combination agreement.
  • To learn more about Local Bountis unique growing process, diversified product offerings and experienced leadership team, please visit localbounti.com .
  • Leo Holdings III Corp is part of a special purpose acquisition company initiative, Leo Holdings, which is focused on investing in disruptive, innovative business models.
  • Leo Holdings Corp II (LHC) and Leo Holdings III Corp (LIII) are currently listed on the NYSE.

DGAP-News: SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity - Majority shareholder buying shares

星期五, 六月 18, 2021 - 11:00am

DGAP-News: SGT German Private Equity GmbH & Co. KGaA

Key Points: 
  • DGAP-News: SGT German Private Equity GmbH & Co. KGaA
    SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity - Majority shareholder buying shares
    The issuer is solely responsible for the content of this announcement.
  • Frankfurt/Main, 18 June 2021 - The SGT Capital LLC, 82.9% majority shareholder of the SGT German Private Equity in Frankfurt (SGF), a listed private equity asset manager, has informed the company that it considers the SGF shares to be significantly undervalued and has recently bought SGF shares in the stock market.
  • According to its statement, it will make use of price dips to make additional purchases also in the future.
  • The Annual General Meeting of SGT German Private Equity will take place on 23 June 2021.

EQS-News: Baloise Swiss Property Fund: planned capital increase for the acquisition of a property portfolio

星期五, 六月 18, 2021 - 6:00am

The fund management company is examining the purchase of a property portfolio with a market value of around CHF185.2million for the Baloise Swiss Property Fund.

Key Points: 
  • The fund management company is examining the purchase of a property portfolio with a market value of around CHF185.2million for the Baloise Swiss Property Fund.
  • In order to finance this transaction, the fund management company intends to carry out a capital increase and use external capital.
  • The acquisition of the portfolio provides an opportunity for the investors of the Baloise Swiss Property Fund to benefit from broader diversification.
  • Further information on the 17 portfolio properties and the capital increase can be found on the Swiss Fund Data website and on the Baloise Swiss Property Fund's website.

Spartan Acquisition Corp. II Announces Effectiveness of Registration Statement for Proposed Business Combination with Sunlight Financial

星期五, 六月 18, 2021 - 1:34am

Spartan Acquisition Corp. II, a publicly traded special purpose acquisition company (Spartan or the Company) (NYSE: SPRQ), announced today that its registration statement on Form S-4 (File No.

Key Points: 
  • Spartan Acquisition Corp. II, a publicly traded special purpose acquisition company (Spartan or the Company) (NYSE: SPRQ), announced today that its registration statement on Form S-4 (File No.
  • If the proposals at the Special Meeting are approved, Spartan anticipates that the Business Combination will close shortly thereafter, subject to the satisfaction or waiver (as applicable) of all other closing conditions.
  • On January 23, 2021, Sunlight entered into a business combination agreement with Spartan.
  • Sunlight Financial Holdings Inc. expects to be listed on NYSE and has reserved the ticker SUNL following completion of the Business Combination with Spartan.

Spring Lane Capital Announces $20M Project Equity Commitment to 7 Generation Capital to Finance Electric Vehicle ("EV") Projects for Commercial Fleets

星期四, 六月 17, 2021 - 11:30pm

BOSTON, June 17, 2021 /PRNewswire/ -- Spring Lane Capital, a private equity firm focused on providing catalytic project capital for sustainability solutions in the energy, food, water and waste industries, announced today a project equity commitment by its private fund to 7 Generation Capital ("7Gen"), a developer of commercial electric vehicle ("EV") projects focused on commercial fleets.

Key Points: 
  • BOSTON, June 17, 2021 /PRNewswire/ -- Spring Lane Capital, a private equity firm focused on providing catalytic project capital for sustainability solutions in the energy, food, water and waste industries, announced today a project equity commitment by its private fund to 7 Generation Capital ("7Gen"), a developer of commercial electric vehicle ("EV") projects focused on commercial fleets.
  • "We are on the cusp of widespread adoption of electric vehicles by commercial fleets, driven largely by the arrival of new vehicle models and corporate decarbonization targets," said Nathaniel Lowbeer-Lewis, Vice President, Canada for Spring Lane Capital.
  • In December 2019, Spring Lane Capital announced its final closing of the firm's inaugural private fund, bringing total equity commitments to approximately US$156.5 million.
  • Spring Lane Capital is a private equity firm based inBoston, MAand Montreal, QC focused on providing catalytic project capital - project finance and growth capital in tandem - for smaller-scale "distributed" solutions in the energy, food, water and waste industries.

Firsthand Technology Value Fund Discloses Top Portfolio Holdings

星期四, 六月 17, 2021 - 9:15pm

SAN JOSE, Calf., June 17, 2021 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the Fund), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its top five holdings as of May 31, 2021, were IntraOp Medical, Wrightspeed, Pivotal Systems, Revasum, and Hera Systems.

Key Points: 
  • SAN JOSE, Calf., June 17, 2021 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the Fund), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its top five holdings as of May 31, 2021, were IntraOp Medical, Wrightspeed, Pivotal Systems, Revasum, and Hera Systems.
  • Firsthand Technology Value Fund, Inc. is a publicly traded venture capital fund that invests in technology and cleantech companies.
  • More information about the Fund and its holdings can be found online at www.firsthandtvf.com .
  • Under normal circumstances, the Fund will invest at least 80% of its total assets for investment purposes in technology and cleantech companies.