July 2021, Year 30 Issue No. 321

 

newsletter

New Funds & Fundraising

• Team sought for climate impact fund
• Venture fund attracts $NZ45m in government funding
• Early-stage fund achieves $35m first close
• Hybrid fund - investment syndicate launched
• Founder investment network expands to Australia
• Listed manager raising retail private equity fund
• New corporate lender expects to back private equity deals

Investment Activity

• EDITOR'S LETTER - Industry super funds in $22.6bn airport bid
• Consortium to pay $2.89bn for mobile phone towers stake
• $1.3bn bid for listed software company
• Global investment manager to buy bank's car loans business
• New debt financing offer for casinos operator
• Deal values New Zealand edutech at $NZ455m
• US venture firm backs Australian space technology
• US firm backs business banking disruptor
• Family offices in online memories raising
• $32m in new funding for anti-COVID-19 nasal spray
• Intangible assets firm acquires precision manufacturer
• $45m to boost e-commerce parcels delivery
• Wealth manager leads $15m fintech raising
• Corporate venturer invests more in cyber security
• $10.9m backing for online prescriptions service
• $US10m funding round for electric bikes
• $US200m for UK fintech will drive local growth
• $10m to extend proven treatment to full spectrum of cancers
• Venture firm backs $25m superannuation technology raising
• $NZ5m to scale up construction work impact software
• $2.5m for edutech founders disrupting their own business
• $5m for hydrogen powered electricity generation
• Listed incubator lines up first investment
• Seed investor backs proptech start-up

Performance

• $1.7bn tech business sale to generate strong exit
• $650m exit follows 3x growth
• Strong return expected from IPO sell-down
• Agtech to be exited at $40m valuation

Informal Venture Capital

• Individual investors increase stake in African fintech

Investee News

• Milestone acquisition for fire protection business
• Bolt-on investment for hair care products

Features

• Rearview mirror
• Earnouts - a useful tool in uncertain times

People Moves

• Private equity and financing lawyers shift firms
• Regional fund financing appointment
• Super fund recruits responsible investment executive
• Sovereign wealth fund appoints head of asset allocation
• Sustainability-focused global asset manager recruits

Conferences & Roundtables

• Private equity forum postponed
• Medical commercialisation 101
• Coming Events