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Dubai-based Magellan Capital has launched an evergreen asset-backed credit fund with $50m of seed capital, targeting more than $250m in assets under management over the medium term.
The post Magellan Capital launches $250-targeting GCC asset-backed lending fund appeared first on AltAssets Private Equity News.
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The British Business Bank has committed up to £90m to a group of 10 emerging UK venture capital managers - the first investments made under its £400m Investor Pathways Capital programme.
The post British Business Bank commits up to £90m to first-time venture capital managers appeared first on AltAssets Private Equity News.
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DayMark Wealth Partners has reached the final close of DayMark Fund I at $25m, completing the vehicle in partnership with Opto Investments. The fund was structured to offer accredited investors and qualified clients with diversified, growth-oriented exposure to private markets through a single vehicle. Capital will be split equally between private equity and venture capital, […]
The post DayMark closes $25m private markets fund with Opto appeared first on AltAssets Private Equity News.
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The British Business Bank has made a £40m cornerstone commitment to FPE Capital's Fund IV to widen access to growth capital for smaller businesses with higher potential across the UK. The commitment comes as the fund completes its first close, surpassing the size of its predecessor. It also strengthens the Bank's relationship with FPE. The […]
The post FPE Capital Fund IV secures £40m BBB commitment appeared first on AltAssets Private Equity News.
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