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3IF Ventures, an impact venture capital fund dedicated to Africa's insurance start-up market, has made its first close of its III Fund at $12m. According to AfricaGlobalFunds, the Inclusive Insurance Fund is co-anchored by FSD Africa Investments and ZEP-RE, and will provide equity financing from pre-seed to Series B stages for early-stage InsurTech businesses […]
The post 3IF Ventures concludes first tranche of African Inclusive Insurance Fund at $12m appeared first on AltAssets Private Equity News.
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Banner Capital, a lower middle market private equity firm specialising in founder-led and family-owned businesses across the western United States, has appointed McKay Potter as principal. Potter joins the firm from Tower Arch Capital, a Salt Lake City-based private equity firm, where he held the position of vice president. In his new role, Potter will […]
The post Banner Capital strengthens team with principal hire appeared first on AltAssets Private Equity News.
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Global private capital fundraising is on course for a third consecutive year of decline - but the market may be reaching an inflection point as capital concentration eases, fundraising timelines normalize and AI becomes a competitive differentiator, new research suggests.
The post Global private capital fundraising set for another record-low year as AI reshapes competition appeared first on AltAssets Private Equity News.
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 Severance pay is a benefit many employers offer when involuntarily terminating an employee to assist with their transition out of the organization.
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