Connect with us

Private Equity

Yieldport B.V. – 66802733 – 01062020

Avatar

Published

on

” The Leapfunder Note is a sensible and attractive way to place capital in start-ups in the Netherlands “

” Diversification is important in angel investing. Leapfunder is a platform that allows angels to spread their investments. “

” Leapfunder investing allows you to become actively involved in a start-up, just as in classical angel investing, while taking all the hassle out of transaction execution “

” Leapfunder is ideal for investing smaller amounts in a start-up in the very early stages. Such investments can be a powerful addition to a portfolio “

” With Leapfunder you get a great opportunity to build up a diversified portfolio of start-up investments, often investors can play an active role in developing the company “

” When I saw the Leapfunder proposition I thought straight-away: this is what start-ups need. I am an entrepreneur and wish this system had been available when I started my company. “

Profile small pieter

Pieter ter Kuile

Investor

Profile small wouter

Wouter Kneepkens

Investor

Profile small 80 foto rb may 2014

Ronald Bazuin

Investor

Profile eric

Eric van der Maten

Investor

Profile 0480b7f

Eric van Gilst

Investor

Profile donaldres

Donald Res

Investor

Source: https://www.leapfunder.com/companies/127

Private Equity

Certior capital closes €35m fund backed by pension funds and family offices

Finnish private equity firm Certior has announced the first close of its Certior Special Opportunities Fund (CSOF) on €35m.  The fund is backed by a group LPs, including pension funds and family offices. The new fund is managed by Certior Capital and is aiming to capture the opportunity arising from the significant wave of distressed […]

Avatar

Published

on

Finnish private equity firm Certior has announced the first close of its Certior Special Opportunities Fund (CSOF) on

Source: https://www.altassets.net/private-equity-news/by-news-type/fund-news/certior-capital-closes-e35m-fund-backed-by-pension-funds-and-family-offices.html

Continue Reading

Private Equity

FinTech: Saudi Arabia Hosts Fintech Tour 20

A virtual event, the third Fintech Tour 20 is being held from 29th November – 10 December 2020. Fintech Saudi and the Capital Markets Authority (CMA) have launched the event to support the growth of the fintech industry in Saudi Arabia. Fintech Saudi is an initiative by the Saudi Arabian Monetary Authority (SAMA).

Avatar

Published

on

FinTech: Saudi Arabia Hosts Fintech Tour 20

https://www.platodata.net/wp-content/uploads/2020/11/fintech-saudi-arabia-hosts-fintech-tour-20.jpg

It is the Middle East region’s largest cluster of fintech events.

A virtual event, the third Fintech Tour 20 is being held from 29th November – 10 December 2020. Fintech Saudi and the Capital Markets Authority (CMA) have launched the event to support the growth of the fintech industry in Saudi Arabia. Fintech Saudi is an initiative by the Saudi Arabian Monetary Authority (SAMA). (THE FINTECH TIMES)

Comprising the Middle East region’s largest collection of fintech events, the Fintech Tour 20 will feature free lectures, panel discussions, and workshops on fintech-related issues.  The Tour will revolve around the themes of FinTech Trends, Saudi Deep Dives, and Entrepreneurship Skills. The 24 events included will showcase 50 local and international experts as speakers.

The Tour is part of the larger economic development transformation known as Saudi Vision 2030.

Fintech Tour 20

“Fintech Tour 20 will bring together experts to spread awareness about important fintech trends, support entrepreneurs with workshops on core skills, and provide a better understanding about the fintech developments occurring in Saudi Arabia,” said Nejoud Almulaik, Director of Fintech Saudi. “Aligned with the interests of the G20 countries to support the development of the fintech industry, we need to inspire more people to learn about fintech.”

Events at the Tour include lectures from high profile entrepreneurs and fintech personalities. There is a discourse on the fintech regulations by SAMA and CMA.

Another highlight shall be a presentation and report on Project Aber. It is the joint digital currency and distributed ledger project of the Saudi Central Bank, and the Central Bank of the UAE.

Also included at Fintech Tour 20 is a case study on Greensill, the Australian supply chain financing company. It achieved unicorn status earlier this year. The company has begun operations in Saudi Arabia.

Saudi Arabia pivoting to new-age technology

Saudi Arabia is shifting from its traditional reliance on oil. It is embracing new technology such as artificial intelligence and financial services.

In October, the country hosted a two-day Global AI Summit at Riyadh.

At the summit, the Kingdom flagged off a $20 billion program aimed to make the country a global leader in artificial intelligence and data science by 2030. The country’s National Strategy for Data and Artificial Intelligence (NSDAI) intends to attract international and domestic investment for this purpose.

As a part of the strategy, Saudi Arabia will train 20,000 specialists and experts and establish 300 active start-ups.

Related Story:  Saudi Crown Prince Calls For AI To Tackle The “New Global Normal”

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

Shape

Latest Alternative Investment News

Source: https://dailyalts.com/saudi-arabia-hosts-fintech-tour-20/

Continue Reading

Private Equity

Weekly Wrap, November 30th, 2020; DPI backs CMGP deal, A.P. Moller buys grain terminal operator, Atlas Mara sells assets for cash, and more…

Last week in brief… Once again, deal activity in Africa last week featured some of […]

The post Weekly Wrap, November 30th, 2020; DPI backs CMGP deal, A.P. Moller buys grain terminal operator, Atlas Mara sells assets for cash, and more… first appeared on https://www.africacapitaldigest.com.

Avatar

Published

on



Last week in brief… Once again, deal activity in Africa last week featured some of the continent’s bigger name investors. Development Partners International backed the acquisition of Comptoir Agricole de Souss (CAS) by one of the private equity firm’s portfolio companies, Compagnie Marocaine de Goutte à Goutte et de Pompage or CMGP for short. While the terms of the deal have not been made available, the annual turnover of the combined companies totals approximately $176 million, an indication that it’s a deal of some significance in African terms.

AfricInvest also participated in the deal, investing in the businesses for the first time. While CMGP is an irrigation company, CAS operates in three agribusiness sectors – irrigation, crop protection, and fertilizers and seeds. The merger creates a one-stop-shop supplier for Morocco and West Africa’s farmers.

AfricInvest was also involved in another deal last week. This time, the Tunis-headquartered private equity firm acquired a minority stake in Fidelity Bank Ghana from Kagiso Tiso Holdings. The Bank has grown into Ghana’s largest privately-held institutions and is currently investing significant resources in digital transformation efforts. Ultimately its goal is to rank in the top three of all Ghanaian banks.

A.P. Moller Capital‘s $1 billion Africa Infrastructure Fund has acquired a significant minority stake in Mass Céréales al Maghreb (or MCM), a grain terminal operator based in Casablanca, from Holding Marocaine Commerciale et Financiere (or HOLMARCOM) which retains the balance of the firm. The plan is for both firms to jointly pursue investments in other assets via MCM and build a pan-African infrastructure platform.

There were two aquaculture deals announced last week. In the first, DOB Equity is making an investment in East Africa’s largest fish farm. The Dutch Family-backed investor’s investment in Victory Farms is structured as a convertible note, which, once converted, will give DOB a minority stake in the firm. DOB gets board representation and nomination rights as well as part of the deal.

In the second, Goodwell Investments has agreed to back Chicoa Fish Farms in Mozambique. The 5-year old firm will use the $1.5 million to develop the capacity to process and distribute frozen tilapia products. This involves extending its current production facilities, installing a processing plant, and building a network of local small-scale fish farmers to add to its supply.

In exit news, Atlas Mara has come to an agreement to dispose of its stakes in banking assets in Rwanda and Tanzania to KCB Group, Kenya’s largest lender. The move reflects Atlas Mara’s shift in strategy following a review announced last year aimed at shoring up the group’s position and disposing of any assets which lack a clear, near-term path to acceptable profitability.

The Emerging Africa Infrastructure Fund, managed by Ninety One, is investing debt in a business that counts Helios Investment Partners among its backers. The Ninety One-managed fund is loaning Access LNG $31 million over 10 years to complete the construction of a new Liquid Natural Gas storage and regasification facility at the port of Tema, in Ghana. Overall, the new facility will provide Ghana with greater fuel security and optimal supply.

New venture firm Pacer Ventures announced a new fund targeting early-stage startup opportunities in several sectors across sub-Saharan Africa. The new fund has $3 million to invest in startups operating primarily in the region’s healthcare, financial inclusion, agricultural, and education markets, typically in deals ranging from $25,000 up to $1 million in size. According to the firm, the fund’s average investment size will be $100,000. The fund has already made a couple of initial seed investments.

And finally, three new appointments were announced last week. Gulf Capital has a new Managing Director of Fundraising and Investor Relations. Kaiser Jasrai has joined the alternative investment firm as it gears up to launch new funds and co-investment vehicles for the private equity and private debt asset classes.

Arise has hired an ESG specialist from engineering and sustainability consultants WSP. Elan Theeboom joined the financial services investment platform at the beginning of November after almost 17 years at WSP where he fulfilled a number of environmental consulting roles across several sub-Saharan countries.

And in Mauritius, Sanne has promoted Rubina Toorawa to lead the business’s operations in the island nation. She takes over from Peter Nagle who is moving on to fill the newly created role of Managing Director and Global Head of Client Growth at the fund and corporate services firm.

That’s it for this week. As always, you can review these and other stories by clicking through to this week’s preview edition of the newsletter.

Source: https://www.africacapitaldigest.com/weekly-wrap-november-30th-2020-dpi-backs-cmgp-deal-a-p-moller-buys-grain-terminal-operator-atlas-mara-sells-assets-for-cash-and-more/

Continue Reading
Saas4 mins ago

Saas4 mins ago

Saas4 mins ago

Saas4 mins ago

Saas4 mins ago

Saas4 mins ago

Saas4 mins ago

Saas4 mins ago

Saas4 mins ago

Saas4 mins ago

Press Releases22 mins ago

Shelby Systems, Inc. Releases Donors and Gifts Application for Financial Software Suite

Press Releases23 mins ago

So Vang Joins ONE Media 3.0

Press Releases25 mins ago

Blackbaud Celebrates GivingTuesday with Stories of Rethinking Change

Press Releases25 mins ago

AI-Based Startup DNSFilter Protects WFH Employees During COVID-19 with Innovative Software

Press Releases25 mins ago

MBX Debuts Reference Platforms for Mixed Reality Deployments

Startup27 mins ago

Food delivery startup DoorDash prepares for $30 billion IPO

Press Releases43 mins ago

How Newswire Combines PR Software and Expert Service to Help Small Businesses Turn Owned and Earned Media Into True Value

Press Releases50 mins ago

Irex and Intel Partner to Produce an Event Highlighting How AI Can Help Stop Child Trafficking

Private Equity51 mins ago

Certior capital closes €35m fund backed by pension funds and family offices

Venture Capital56 mins ago

Amazon Drops Pandemic Test to Track Warehouse Workers Through Wi-Fi

Blockchain57 mins ago

Ethereum’s monthly close: Here’s what you shouldn’t do

Private Equity57 mins ago

FinTech: Saudi Arabia Hosts Fintech Tour 20

Press Releases58 mins ago

Hotel Xcaret Mexico Offers Rich Experiences to Reconnect With Nature and Local Heritage Through Its Eco-Integrating Architecture

Press Releases58 mins ago

Ultra Stellar Acquires StellarX Peer-to-Peer Cryptocurrency Marketplace

Press Releases58 mins ago

Cedar Enhances Commitment to Corporate Social Responsibility With Relaunch of Cedar Cares

Private Equity58 mins ago

Weekly Wrap, November 30th, 2020; DPI backs CMGP deal, A.P. Moller buys grain terminal operator, Atlas Mara sells assets for cash, and more…

Startup1 hour ago

IoT startup Totum Labs raises $13M Series A funding to revolutionize global connectivity with a constellation of low with Earth Orbit (LEO) nanosatellites

Private Equity1 hour ago

Castle Harlan completes refinancing of Tensar

Blockchain1 hour ago

Huobi launches ETH 2.0 stake function ahead of Beacon Chain launch

Private Equity1 hour ago

Montagu in exclusive talks with Capita to buy its ESS division

Private Equity2 hours ago

Blackstone closes acquisition of credit investing firm DCI

Private Equity2 hours ago

Norway’s Longship closes second fund at €160m

Private Equity2 hours ago

Norwegian private equity firm Longship said to close its sophomore fund

Blockchain2 hours ago

Litecoin, Cosmos, Decred Price Analysis: 30 November

Private Equity2 hours ago

Alternative Investments/ESG: Here’s FRDM, The ETF With A Conscience

Private Equity2 hours ago

Progressio acquires 30% in CRM platform Assist Digital

Venture Capital2 hours ago

A Very Cloudy 2020, Michelle Zatlyn, Podcast #140

Private Equity2 hours ago

Intact Financial Corporation completes a CAD 3.2bn private placement from trio of pension firms

Private Equity2 hours ago

Firstminute Capital $111m venture fund backed by several decacorn founders

Private Equity3 hours ago

Vista’s Sheth resigns weeks after CEO Smith settles tax probe

Trending