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Catalyst Investment Partners: $186.9 Million In LP Commitments Closed For IOS Fund II

By Amit Chowdhry ● Apr 12, 2024

Leading IOS-focused investment manager Catalyst Investment Partners announced it has held a final close of Catalyst IOS Fund II oversubscribed with $186.9 million in LP commitments. Fund II received domestic and international broad-based institutional interest, surpassing a fundraising target of $150 million. This fund is the second in the firm’s IOS Fund Series focused on densely populated and infill industrial markets with high barriers to entry.

Adams Street Partners: $1 Billion Raised For First Middle Market CLO

By Amit Chowdhry ● Apr 12, 2024

The Private Credit team of Adams Street Partners, a private markets investment firm with over $58 billion in assets under management, announced the final closing of a $1 billion middle market collateralized loan obligation (CLO), ASP Summa. And the CLO is a first for Adams Street and was structured in partnership with American Equity Investment Life Insurance Company, a leading issuer of fixed index annuities.

Lone View Capital: $850 Million Raised For Inaugural Investment Fund

By Amit Chowdhry ● Apr 12, 2024

Growth-oriented private equity firm Lone View Capital announced the closing of its inaugural fund, Lone View Capital Fund I. And Fund I closed with a total committed capital of $850 million, bringing Lone View’s assets under management to about $1.1 billion.

J.P. Morgan Asset Management Solutions: Chris Meredith Named As CIO Of Tax Smart Strategies

By Amit Chowdhry ● Apr 12, 2024

J.P. Morgan Asset Management announced that Chris Meredith is joining as Chief Investment Officer (CIO)—Tax-Smart Strategies. Meredith joins the team from O'Shaughnessy Asset Management. In this new role, Meredith will be responsible for managing and developing tax-smart investment capabilities across index and active strategies.

ID5: Digital Ad Provider Secures $20 Million

By Amit Chowdhry ● Apr 11, 2024

ID5, a market-leading identity provider for digital advertising, announced a Series B funding round of $20 million. TransUnion and S4S Ventures join existing investors Progress Ventures, Seventure Partners, 360 Capital Partners, Axio, and Aperiam Ventures to support ID5 in growing its privacy-first advertising identity service. And in connection with the funding round, Sanja Partalo, Co-Founder and Managing Partner of S4S Ventures, and Michael Schoen, EVP and head of TruAudience marketing solutions at TransUnion, join the ID5 board of directors.

Zinclusive: $10 Million Raised To Make Financing More Accessible

By Amit Chowdhry ● Apr 11, 2024

Zinclusive - a financially inclusive lender built to disrupt the multi-billion dollar predatory high-interest unsecured consumer lending market -announced it has raised $10 million from a private family office to expand access to more affordable credit to disrupt the predatory high-interest consumer lending market. Utilizing innovative underwriting models and alternative data, Zinclusive aims to offer more competitive rates, benefiting customers with limited or poor credit histories.

Wealth Enhancement Group Surpasses $81 Billion In Client Assets

By Amit Chowdhry ● Apr 11, 2024

Wealth Enhancement Group, a national independent wealth management firm, announced three key leadership appointments, continued growth in strategic markets, and the surpassing of $81 billion in client assets.

PVML: Data Protection Technology Company Raises $8 Million

By Amit Chowdhry ● Apr 11, 2024

PVML has announced the general availability of its platform for secure AI-powered data access and $8 million in seed funding led by NFX with participation from FJ Labs and Gefen Capital.

Rally UXR: Modern User Research CRM Company Closes $8.8 Million In Seed Funding

By Amit Chowdhry ● Apr 11, 2024

Rally announced it raised $8.8 million in funding to connect teams with their users more meaningfully. The $8.8 million funding round includes a recent Seed round led by Stage 2 Capital with participation from Y Combinator and TIA Ventures. This funding round will bring Rally to a broader audience and further its goal of connecting teams with their users.

Guesty: Property Management Software Company Secures $130 Million

By Amit Chowdhry ● Apr 11, 2024

Guesty, a leading property management software platform for the short-term rental (STR) and hospitality industry, announced a $130 million Series F funding round led by KKR. Inovia Capital and existing investors Apax Funds, BDT & MSD Partners, and Sixth Street joined the round, extending their support following Guesty's significant expansion and sustained growth.

Nexamp: Independent Renewable Energy Provider Raises $520 Million

By Amit Chowdhry ● Apr 11, 2024

Nexamp, a leading independent renewable energy provider and the nation's largest community solar developer and owner announced that it had secured $520 million in a capital raise led by Manulife Investment Management and existing investors Diamond Generating and Generate Capital. And the company will utilize the investment to expedite the deployment of its national project pipeline, accelerate expansion and developer partnerships in new and existing markets, and drive the growth of its generation and consumer-driven offerings.