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Temasek-linked Fullerton Fund Management has raised $100 million in an initial closing as it builds its first Thai private equity (PE) strategy, according to an announcement. The company said it has partnered with KBank Private Banking, Hatton Equity Partners and Land and Houses Fund Management to launch this first-ever Thailand-focused private equity strategy available to …

According to reports, YouTuber and social media influencer Karthik Gopinath was arrested by Tamil Nadu police on Monday morning. Karthik is a very popular Tamil YouTuber who runs the Ilaya Bharatham channel. He identifies as a nationalist and is well known for his videos criticizing the DMK government in Tamil Nadu. Tamil Nadu | Avadi …

Search mutual fund quotes, news, net asset values LIC India INE0J1Y01017, LICI, 543526 Adani Power INE814H01011, ADANIPOWER, 533096 Adani Wilmar INE699H01024, PUNCH, 543458 Addiction INE002A01018, TRUST, 500325 Infosys INE009A01021, INFY, 500209 …

May 27, 2022 Agama Law Associates To print this article, all you need to do is be registered or log in to Mondaq.com. Introduction Corporate fundraising has accelerated in recent years due to the booming start-up culture and entrepreneurship in India. While starting a business faces many challenges, the main hurdle facing any …

A mass shooting at an elementary school this week left 19 students and two teachers dead, reigniting a debate over gun control. The Uvalde, Texas massacre was the 27th school shooting this year, according to Gun Violence Archivesan independent data collection agency. Faith-based investment funds have long attempted to reduce gun violence through advocacy, with …

To print this article, all you need to do is be registered or log in to Mondaq.com. At a conference last month, I heard the line, “fundraising happens when you don’t fundraise” in one form or another from speakers from members of at least three different panels. There is no way I heard …

May 24, 2022 Debevoise & Plimpton To print this article, all you need to do is be registered or log in to Mondaq.com. Key points to remember: The European Advisory Authorities (“ESAs”) have published final Regulatory Technical Standards (“RTS”) for sustainability disclosures under the Sustainable Finance Disclosure Regulation (“SFDR”), together with questions …

Debevoise & Plimpton LLP advised AfricInvest, a leading investment platform active in several alternative asset classes, including private equity, venture capital, private credit and listed equities, on the final closing of AfricInvest Fund IV, LLC (the “Fund”, “AfricInvest IV”, or “AF IV”), with total commitments of $411 million. Launched two years ago with a cap …

Chair Ms. Jenipha Freeman, Member Mr. Synrick Morton, Committee Member Ms. Jacqueline Claxton, Member Ms. Scicely Daniel and Member Ms. Lorene Freeman at the Wednesday May 18 meeting. – Advertising – CHARLESTOWN, NEVIS, May 20, 2022 (MMS-SKN) – One of Nevis’ long-standing community/welfare groups, the Nevis Blind Light and Visually Impaired Society, will be hosting …

To print this article, all you need to do is be registered or log in to Mondaq.com. Palo Alto – May 19, 2022 – Cooley advised start-up venture capital firm Infinity Ventures on its inaugural fund of $158 million. Lawyers John Clendenin and Elizabeth Reese led the Cooley team that advised Infinity Ventures. The new …

The transaction, which has led to funding commitments from a diverse investor base, will support Northern Gritstone’s investment program focused on university spin-outs in the North of England. The project will see academic spin-outs of science and innovation specialists leading to the launch of a number of start-ups in the region.Investors include Greater Manchester …

After BNPL (Buy Now, Pay Later), it is now TNPL (Travel Now, Pay Later). BNPL has gained popularity specially due to the demand from e-commerce retail markets, the BNPL industry is poised to grow at a CAGR of 56% over the coming year. After staying indoors for nearly two years during full and partial shutdowns …

To print this article, all you need to do is be registered or log in to Mondaq.com. In this Q&A, Private Equity Partner Joanne Huckle, who was recently a guest speaker at GAIM Ops 2022 in the Cayman Islands, discusses the different structuring models for private equity firms, as well as how they adapt their …

During the meeting of May 16, 2022 The Board of Directors of Steel Exchange India, at its meeting held on May 16, 2022, approved the raising of funds up to Rs 600 crore by way of equity and the subdivision of equity shares with a par value of Rs 10 each in …

A historic ruling by the European Court of Justice should strengthen Portugal’s position as an investment destination for non-resident UCIs. A recent webinar hosted by TMF Group looked at the implications of the case and options for structuring investment opportunities in the country. Portugal is changing fast. In recent years, the government has focused on …

To print this article, all you need to do is be registered or log in to Mondaq.com. SEC reopens/extends comment period on major rule proposals, including private fund adviser proposals The Securities and Exchange Commission (SEC) announced that it is extending until June 17 the public comment period on proposed regulations to improve and standardize …

On the African continent today, Nigeria is the beacon in terms of start-ups and the development of innovative products to meet the challenges of the continent. From fintech to edtech, the country’s young innovators are innovating. It is therefore not surprising that Nigerian start-ups attract more foreign investors than their counterparts from other African countries. …

To print this article, all you need to do is be registered or log in to Mondaq.com. For alternative investment fund (AIF) promoters wishing to domicile and market their AIF in Europe, the outsourcing of core alternative investment fund manager (AIFM) functions to a third-party management company service provider ( ManCo) and AIFM …

The issue of outsourcing fund administration ultimately rests with fund managers, but increased pressure from their sponsors (LPs) to reduce operating costs and increase transparency is catalyzing the shift to professional administrators , says Mary Bruen, Regional Head of Fund Services – Jersey, Guernsey & Isle of Man. Regardless of the asset class, the key …

Crypto exchange KuCoin raised $150 million in a pre-Series B funding round, valuing the company at $10 billion. Jump Crypto led the round which also included funds from IDG Capital, Circle Ventures and Matrix Partners. The crypto exchange is the fifth largest in the market. In November 2018, KuCoin secured $20 million in Round A …

LIMERICK GAA has launched a new fundraiser with an electric Peugeot e-2008 Allure to be won. Limerick GAA in association with Adams of Glin Peugeot Dealer have teamed up for the draw. Tickets are now on sale online at www.winapeugeot.ie at €20 each and the deadline is midnight August 26 – the lucky winner will …

To print this article, all you need to do is be registered or log in to Mondaq.com. Last month, the SEC proposed rules under the Advisor Act indicating a step change in how the SEC intends to reduce conflicts of interest involving private fund managers and their investors. As we noted earlier in the context …

May 12, 2022 The Board of Directors of Anjani Portland Cement will meet on May 12, 2022 to consider and evaluate proposals to raise funds through the issuance of bonds, including non-convertible debentures/debt securities and/or any other instruments /security, including by private placement or by any other permitted mode or any combination …

To print this article, all you need to do is be registered or log in to Mondaq.com. In recent years, previously rare continuation funds have become more common as a means of creating liquidity in closed-end funds. Continuation funds allow an investment to be made in such a way that the fund manager retains control …

This information should be read in conjunction with the financial statements and notes included in Item 1 of Part I of this Quarterly Report on Form 10-Q (the “Report”). This Report includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of …

Sports-focused private equity firm Arctos Sports Partners has raised $1.1 billion for a second investment fund, bringing the company’s total assets to more than $5 billion. Arctos closed the first fundraising this week, according to an email sent to clients today by Evercore, a distributor of investment funds to institutional investors. The new fund, Arctos …

Saturday evening, May 14 at 5:30 p.m. Local non-profit organization, Emerald Keepers, will host their first fundraising event. Emerald Keepers continues to educate and inspire the Coronado community to be more proactive in reducing their carbon footprint, reducing the use of plastics, and protecting our oceans. To continue their efforts, Emerald Keepers is hosting the …

1. General remarks Over the past two decades, the evolution of the legal requirements governing undertakings for collective investment in Portugal, in particular private equity funds (“Private equity funds”), has been characterized by intense legislative activity which is largely due to the need to transpose European directives (in particular Directive 2011/61/EU, theAIFMD”) and to articulate …