LONDON, UK: Schroder UK Public Private Trust has made a $13.7m investment in the leading disruptive global neobank, Revolut Limited. This represents the second new private equity investment since the appointment of Schroder Investment Management Ltd as the Company’s Portfolio Manager and a clear demonstration of the continued progress towards rebalancing the portfolio. This investment…
Tag: investment
Care Property expands Spanish portfolio with €10.2 million investment
SCHOTEN, BELGIUM: Care Property Invest signed the agreement under suspensory conditions for its fourth project on the Spanish market. The project ‘Solimar Tavernes Blanques’ is a yet to be developed residential care centre in Tavernes Blanques, a suburb of Valencia. The project will be built by Vivalto Vie Spain S.L.U. (part of the Vivalto Group)…
insightsoftware attracts c.$1bn investment from Hg Capital
LONDON, UNITED KINGDOM: insightsoftware, a global provider of enterprise software solutions for the ‘Office of the CFO’, announced that it has secured an investment from Hg Capital, a leading global software and services investor. The Hg Saturn 2 Fund will make a c.$1 billion equity investment in insightsoftware to become a significant minority shareholder alongside…
Scirocco plans investment into Energy Acquisitions Group and entrance into biogas market
LONDON, UK: Scirocco Energy announced proposed investment into Energy Acquisitions Group Ltd (EAG), a specialist acquisition and operating vehicle in the sustainable energy sector. This investment of £1.2 million will be funded from current cash resources and signals the Company’s first investment as part of the Company’s revised strategy that targets opportunities within the energy…
What is Initial Public Offering (IPO)?
The Initial public offering (IPO) is when a company issues common stock or shares to the public for the first time. It is the process by which a private company can go public by sale of its stocks to general public. It could be a new, young company or an old company which decides to…
Greencare Capital plc makes investment in Voyager Life Limited
LONDON: Greencare Capital, the investment company focused on investing in medicinal cannabis and related areas, has agreed to make an equity investment of £100,000 in Voyager Life Limited, as part of a £741,000 fund raising by Voyager. This is the second new investment by Greencare in the past month. Voyager, a health and wellness business…
YCharts forms partnership with United Planners Financial Services
CHICAGO: YCharts has formed a new partnership with United Planners Financial Services, a news release said. United Planners’ more than 450 affiliated financial advisors will have access to YCharts’ tools to research investment opportunities, build portfolio strategies, and communicate insights to their clients and prospects. Financial advisors will have access to YCharts’ full suite including…
Sean O’Connell appointed President and CEO of Securian Asset Management
ST. PAUL: Securian Asset Management Inc. announced that Sean O’Connell will succeed David Kuplic as president and CEO of Securian Asset Management—and chief investment officer for Securian Financial—on July 1, 2021. Kuplic is retiring after 17 years of service with Securian Financial and a 37-year career in the investment industry. “It has been an honor…
Mastercard to invest $100 million in Airtel Africa’s mobile money business
LONDON: Airtel Africa announced the signing of an agreement under which Mastercard, a leading innovator and global technology company in the payments industry, will invest $100m in Airtel Mobile Commerce BV, a wholly owned subsidiary of Airtel Africa plc. AMC BV is currently the holding company for several of Airtel Africa’s mobile money operations and…
Ofcom ramping up rollout of full-fibre broadband
LONDON: Millions of homes across the country are set be upgraded to faster, more reliable broadband, under new regulations announced today by Ofcom that will help shape the UK’s full-fibre future. The coronavirus pandemic has underlined the importance of a reliable internet connection. The UK’s copper telephone network – some of which was laid over…
Madison Realty Capital originated more than $1.5 Billion in transactions during 2020
NEW YORK: Madison Realty Capital (MRC) completed more than $1.5 billion in financing, originations and performing and non-performing note purchases in 2020, ranging from $4.9 million to $173 million, a news release said. The firm closed a total of 23 transactions in major U.S. metropolitan and suburban markets across a variety of real estate asset…
Dubai Financial Market posts net profit of AED 137.9 million in 2020
DUBAI: Dubai Financial Market Company (PJSC) announced its results for the financial year ending 31 December 2020, posting a net profit of AED 137.9 million, a 14% growth compared to AED 120.6 million in 2019. Total revenues increased 7% to AED 337.2 million compared to AED 315.8 million. The total revenue comprised of AED 219…