General News

February 5, 2025 @ 11:45 pm By Omar Faridi  |  

Data from Experian finds that over 10 million people who hold a credit card with interest may be able to save “£1,391.69 in interest payments” annually by switching their existing balances to a balance transfer card (BT card) with a better deal. Experian’s data reveals… Read More

February 5, 2025 @ 5:22 pm By Omar Faridi  |  

Aviva Investors, the asset management business of Aviva plc, announces it  launched a Venture and Growth Capital fund which aims to give investors better access to “early-stage” companies and technologies. The Fund reportedly receives an initial c £150 million commitment from Aviva, as it looks… Read More

February 4, 2025 @ 7:59 am By Omar Faridi  |  

Total private equity investment activity in the UK rose by 4.4% in 2024, with deal values increasing to their “highest level for two years,” according to the  UK Private Equity Review from KPMG UK. This increase was as a result of a more “stable economic… Read More

February 3, 2025 @ 11:18 pm By Omar Faridi  |  

The European Investment Bank (EIB) Group signed €89 billion in new financing last year. The Group made more investments to strengthen EU energy security, mobilizing over “€100 billion for projects in new and upgraded infrastructure such as grids and interconnectors, renewables, net-zero industries, efficiency and storage.”… Read More

February 3, 2025 @ 8:24 am By Omar Faridi  |  

Preqin, the global firm focused on alternative data and insights, released its Real Estate Q4 2024 (a Quarterly Update report). Henry Lam, the lead author of the report, notes that quarter-on-quarter growth in total deal value during Q4 2024 was “recorded across all the major… Read More

January 29, 2025 @ 9:37 pm By Omar Faridi  |  

Juniper Research noted in a report that quantum technology is poised to enhance the way we work, enabling faster computation of complex problems and the development of innovative applications such as advanced sensing and detection. Juniper Research explained that one of the key benefits of… Read More

January 25, 2025 @ 5:26 pm By Michael Wong  |  

Workera, an AI-powered skills intelligence platform, has received a strategic investment from professional services company Accenture as part of a broader alliance aimed at accelerating the adoption of skills-first strategies. The collaboration encompasses multiple areas: a financial commitment from Accenture, a reseller agreement to distribute… Read More

January 25, 2025 @ 12:37 pm By Omar Faridi  |  

David Balland, co-founder of Ledger, a French cryptocurrency hardware wallet company, was recently the victim of a kidnapping incident in central France. The Paris prosecutor’s office confirmed that Balland was abducted on January 21 and held captive until his release on January 22, following a… Read More

January 22, 2025 @ 8:03 am By JD Alois  |  

2025 may be a far better year for risk capital in Europe. According to a report, around $31 billion in “dry powder” is available for European early-stage firms. Dealroom.co says over 4X the amount of cash available compared to ten years ago, and “Unicorn creation”… Read More

January 20, 2025 @ 7:56 am By Omar Faridi  |  

PitchBook noted in a new research report that if they had to pick just one word to accurately summarize European private equity (PE) in 2024, it would actually be “recovery.” According to the update from PitchBook, annual private equity deal value increased 35.4% year over… Read More

January 19, 2025 @ 7:09 am By Michael Wong  |  

Revelstoke Capital Partners has made a strategic investment in Omega Systems, marking the eighth investment under its Revelstoke Capital Partners Fund III, the private equity firm announced. Omega, recognized as one of the 25 fastest-growing IT service providers in North America in 2024 by CRN,… Read More

January 19, 2025 @ 6:07 am By Michael Wong  |  

Chevron Corporation announced a total contribution of $1 million to three organizations supporting wildfire relief efforts in California. The donation is allocated among the California Fire Foundation, the American National Red Cross, and the Los Angeles Chamber of Commerce Small Business Disaster Recovery Fund. According… Read More

January 15, 2025 @ 11:07 pm By JD Alois  |  

UK inflation (Consumer Prices Index including owner occupiers’ housing costs – CPIH) declined slightly in an unexpected development. Inflation was measured at an annual rate of 2.5% in December, down from November at 2.6%. On a monthly basis, the consumer price index rose by 0.3%… Read More

January 15, 2025 @ 4:55 pm By Omar Faridi  |  

Ramirez Asset Management, Inc., a fixed income and equity investment manager serving institutional investors and high net worth investors, has reportedly acquired the private credit opportunities strategy team and their assets from hedge fund manager Avenue Capital Group. The acquisition, which closed on Oct 1,… Read More

January 15, 2025 @ 10:49 am By JD Alois  |  

The European Securities and Markets Authority (ESMA) has published a report addressing crowdfunding in the EU. Not too long ago, the EU approved new rules addressing online capital formation. European Crowdfunding Service Provider regulation (ECSPR) allows a platform approved by the relevant authority in its home… Read More

January 10, 2025 @ 9:30 am By JD Alois  |  

Risk capital is experiencing a period of heightened risk, it seems, as venture capital (VC) and private equity (PE) financed firms have registered all-time high bankruptcies, according to S&P Global Market Intelligence data. S&P reports that bankruptcy filings made by US companies backed by PE… Read More

January 8, 2025 @ 3:50 pm By Omar Faridi  |  

As the UK looks ahead to more growth in 2025, the year may potentially bring renewed challenges from a relatively higher pace of inflation, increased trade frictions, and a “heightened state of economic uncertainty.” This, according to an update from KPMG. The ultimate impact will… Read More

January 6, 2025 @ 12:59 pm By Omar Faridi  |  

​The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is launching the first selection procedure for the Consolidated Tape Provider (CTP) for bonds. Entities interested to apply are encouraged to register and submit their requests in order to participate in… Read More

January 4, 2025 @ 9:26 am By Omar Faridi  |  

Investors channeled over $1 trillion into U.S. exchange-traded funds or ETFs this year, setting a fresh record and fueling optimism for 2025, the WSJ  reported. Total assets increased by a substantial 30% to a record $10.6 trillion through November, according to ETFGI data. Meanwhile, S&P… Read More

January 4, 2025 @ 9:25 am By Omar Faridi  |  

The Asia-Pacific (APAC) region topped the global initial public offering (IPO) market, with 604 companies going for public issues to raise “a total of $33.9 billion” for the calendar year 2024. The performance was driven by strong market sentiment, a favorable macroeconomic environment, and a… Read More