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HELPCENTER
28 Apr. 2025 Ardabelle Capital enterest strategic partnership with TPG NEXT [more]
Opalesque Industry Update - Ardabelle Capital a private equity firm focused on accelerating the transition to a sustainable, resilient economy, today announced a strategic partnership and anchor fund commitment from TPG NEXT, TPG's strategy focused on seeding and scaling the next generation of inves
28 Apr. 2025 Crypto crime surges in 2025; $1.6bn stolen YTD, nearly topping 2024's full-year total [more]
Opalesque Industry Update - The 2024 crypto bull run fueled a surge in crypto-related crimes, a trend that has carried into 2025. Over the course of last year, cybercriminals stole $1.73 billion worth of digital assets, making 2024 the fourth-worst year for crypto crime on record. But that staggerin
28 Apr. 2025 Phil Venables joins Ballistic Ventures [more]
Opalesque Industry Update - Ballistic Ventures, the venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, is pleased to announce that Phil Venables, the renowned cybersecurity leader and former Chief Information Security Officer (CISO) o
28 Apr. 2025 Global PE deal volume drops from 4,958 deals globally in Q4'24 to 3,762 in Q1'25 [more]
Laxman Pai, Opalesque Asia: Global PE deployment fell from $463.8 billion across 4,958 deals in Q4'24 to $444.9 billion across 3,762 deals in Q1'25, revealed a study. Despite the uncertainty, global PE investors continued to focus on sectors with long-term growth potential and predictable upsi
28 Apr. 2025 LLR Partners closes latest fund on $2.45 billion [more]
Bailey McCann, Opalesque New York: LLR Partners, a lower middle market private equity firm has closed its seventh fund on $2.45 billion. The fund is larger than LLR 6, which closed in October 2020 at $1.8 billion. Like its predecessor funds, LLR 7 will focus on the technology and healthcare s
28 Apr. 2025 StepStone Group raises $705M for latest fund [more]
Bailey McCann, Opalesque New York: StepStone Group has closed its StepStone Tactical Growth Fund IV on $705 million. Through STGF IV, StepStone partners with growth equity sponsors in the technology and healthcare sectors. The fund pursues founder-led businesses outside the traditional ventu
28 Apr. 2025 Crypto custody: Key takeaways from Commissioner Crenshaw's latest remarks [more]
Matthias Knab, Opalesque for New Managers: Crypto Custody: Preserving Trust Amidst Innovation At the Third Crypto Roundtable, SEC Commissioner Caroline A. Crenshaw delivered a timely message on a cru
27 Apr. 2025 Global hedge fund capital hit sixth consecutive quarterly record in Q1 2025 [more]
Opalesque Industry Update - Total global hedge fund capital rose to a record level in 1Q 2025 as financial market volatility surged on the imposition of tariffs by the US, with uncertainty contributing to dramatic, historic price swings in equities and contributing to intense pressure on interest ra
27 Apr. 2025 Balbec announces CEO transition and appointment of four new partners [more]
Opalesque Industry Update - Balbec Capital, an alternative investment manager with over $16 billion in platform assets, announced that Balbec Partner and President Peter Troisi has been appointed Chief Executive Officer, succeeding Founding Partner Charles Rusbasan, who will transition to the role o
25 Apr. 2025 Barnes joins Monarch Capital [more]
Opalesque Industry Update - Monarch Private Capital, a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is pleased to welcome Thomas Barnes as Manager, Renewable Energy. In this ne
25 Apr. 2025 Global VC investment surges to a ten-quarter high of $126.3bn in Q1'25 [more]
Laxman Pai, Opalesque Asia: Despite unfavorable market conditions due to ongoing geopolitical conflicts and tensions, and concerns about global trade and tariffs, global VC investment surged from $118.7 billion in Q4'24 to a ten-quarter high of $126.3 billion in Q1'25, revealed a study. The o
25 Apr. 2025 Paul Atkins confirmed as SEC Chair: What it means for crypto regulation [more]
By Opalesque: As the crypto industry grows to a $3.5tln market, Paul Atkins' recent confirmation as SEC Chair could significantly shift the cryptocurrency regulatory landscape in the U.S., according to Carl Werner from international law firm Harris Sliwoski LLP. Atkins, who previously se
25 Apr. 2025 Ex-Sun Capital dealmakers launch Coastal Breeze Partners [more]
Bailey McCann, Opalesque New York: Ex-Sun Capital dealmakers Brian Urbanek and Matthias Gundlach have launched their own Florida-based middle market private equity firm Coastal Breeze Partners. The firm's strategy is focused on making control investments into companies with over $20 million i
25 Apr. 2025 Bridgewater: Three winds of change [more]
By Opalesque: Bridgewater Associates' co-CIOs argue in their latest newsletter that we are experiencing a once-in-a-generation economic and market shift. Now is very much a time to wake up and smell the coffee. They identify th
24 Apr. 2025 MFA recommends reforming EU energy markets regulatory framework to boost resilience [more]
Opalesque Industry Update - MFA encouraged the European Commission to implement targeted reforms to its EU energy market regulations in a comment letter submitted today. The letter responds to the Commission's review of the functioning of commodity derivative markets and spot energy markets.
23 Apr. 2025 SEC charges PGI Global founder with $198m crypto asset and foreign exchange fraud scheme [more]
Opalesque Industry Update - The Securities and Exchange Commission charged Ramil Palafox for orchestrating a fraudulent scheme that raised approximately $198 million from investors worldwide and for misappropriating more than $57 million of investor funds. According to the SEC's complaint, Palaf
23 Apr. 2025 AI and new technologies lead private market investments [more]
Laxman Pai, Opalesque Asia: Private market investors expect significant investment activity across key tech sectors over the next 18 months, particularly in AI, machine learning and big data (63%), 5G and advanced connectivity (36%), and blockchain/cryptocurrency (33%). Investors increasingly
22 Apr. 2025 Paul S. Atkins sworn in as SEC chairman [more]
Opalesque Industry Update - Paul S. Atkins was sworn into office as the 34th Chairman of the Securities and Exchange Commission. Chairman Atkins was nominated by President Donald J. Trump on January 20, 2025, and confirmed by the U.S. Senate on April 9, 2025. "I am honored by the trust and c
22 Apr. 2025 ICR Capital expands convertible and equity derivatives team [more]
Opalesque Industry Update - ICR, a leading strategic communications and advisory firm, announced today that its broker-dealer affiliate, ICR Capital, has hired Kristina Woodhouse and Gian-Marco Frey as Managing Directors in its Convertible and Equity Derivatives Advisory team. Both join from Matthew
22 Apr. 2025 Pophouse Entertainment racks up $1.3bn for its debut fund for music rights investment [more]
Laxman Pai, Opalesque Asia: Pophouse Entertainment, the Sweden-based music investment firm behind ABBA Voyage, has raised over €1.2 billion ($1.3 billion) for its debut fund. The Stockholm-based company announced in a media release that Pophouse Fund I reached its hard cap. The firm has
22 Apr. 2025 AMG invests in Verition Fund Management [more]
Bailey McCann, Opalesque New York: AMG has taken a minority equity interest in Verition Fund Management a multi-strategy investment firm. The deal is expected to close in the second quarter of 2025. Under the terms of the transaction, Verition's management will retain a substantial majori
22 Apr. 2025 Dave Checketts, Cynosure Group partner on sports investing [more]
Bailey McCann, Opalesque New York: Dave Checketts, an influential figure in global sports business, and the Cynosure Group, private investment firm founded by the Eccles family, are partnering to invest in sports. They have created Cynosure | Checketts Sports Capital, a new strategic collaboratio
21 Apr. 2025 Financial advisors optimistic about private markets despite challenges [more]
Laxman Pai, Opalesque Asia: According to a survey by Adams Street Partners, global financial advisors cite growing client demand for private market exposure, with 92% expecting the asset class to outperform public markets over the long term. In turn, more than two-thirds (67%) anticipate an i
18 Apr. 2025 StoneX to acquire R.J. O'Brien, creating a market leader in global derivatives [more]
Opalesque Industry Update - StoneX Group announced that it has entered into a definitive agreement to acquire R.J. O'Brien (RJO), the oldest futures brokerage in the U.S., for an equity value of approximately $900 million. The purchase price will be paid in a combination of cash and shares of S
18 Apr. 2025 Sculptor raises $900m for private credit fund [more]
Laxman Pai, Opalesque Asia: Sculptor Capital Management, a global alternative asset manager specializing in opportunistic investing, raised about $900 million for its opportunistic fund, exceeding its target. The vehicle, named Sculptor Tactical Credit Fund Tactical Credit Fund (STAX), has be
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