Palisades Growth Capital Successfully Exits Ownership in Docupace

Palisades Growth Capital, a growth equity investment firm based in Los Angeles, today announced that it has sold its ownership interest in its portfolio company Docupace, the leading independent provider of cloud-based digital operations software for the wealth management industry, to FTV Capital. Financial terms of the transaction were not disclosed. Mark Tapling, CEO of Docupace, commented, “It was a pleasure to work with Palisades Growth, whose guidance and capital helped enhance the intrinsic value of our business....

BOSS Capital Partners Raises Follow on Series Seed Funding

BOSS Capital Partners is excited to announce that it has successfully raised additional Series Seed funds for Amarki. To date, Amarki has raised over $5,000,000 from investors, including the National Association of Realtor’s investment accelerator REACH. The funds will be used to support Amarki’s sales and marketing initiatives. The new investment round will enable Amarki to further capitalize on its position as a leader in the Real Estate® software industry. The funding will drive enhancements to Amarki’s...

CAPEX.COM Obtains Retail License in Abu Dhabi

CAPEX.com, operated by Key Way Markets Ltd, was the first broker to receive “in-principle approval” from Abu Dhabi Global Market (ADGM) in 2019 and has now been given the green light to operate by the ADGM Financial Services Regulatory Authority (FSRA) with license No. 190005. The new license allows the company to bring CAPEX.com closer to clients in the Middle East, with major focus to the United Arab Emirates. CAPEX.COM provides the know-how, as well as the...

Hedge Fund Investors May Access Liquidity – Despite Redemption Suspensions

Bridgeport Financial Technology is working with various counterparties to provide hedge fund investors with immediate liquidity through loan facilities collateralized by their fund investments.  The company is poised to leverage key features of its private fund transaction and marketplace lending platform, BridgePort, in the wake of an anticipated surge in hedge fund redemption suspensions. Through a unique investor-to-investor (“i2i”) marketplace lending feature, the BridgePort Liquidity Exchange (“BLX”) matches liquidity seekers with liquidity note investors.  BLX allows...

The Public Sector Pension Investment Board makes strategic investment in SitusAMC

SitusAMC, the leading provider of services and technology supporting the real estate finance industry, today announced that The Public Sector Pension Investment Board (PSP Investments) has made a strategic investment in the firm. PSP Investments joins Stone Point Capital, who remains the largest shareholder in SitusAMC. Additional shares are held by SitusAMC’s management team. “We are thrilled to partner with PSP Investments as we look to transform the real estate finance industry,” said Michael Franco, CEO...

Luxembourg’s Carlisle Management Successfully Concludes Full Deployment of Absolute Return Fund

Carlisle Management Company SCA, a leading investment manager in the life settlements space, has finalized the deployment of its Luxembourg Life Fund: Absolute Return Fund I FCP SIF. The portfolio has been deployed within 12 months, fully in line with Carlisle’s expectations, and currently includes several hundreds of Life Insurance policies diversified across multiple parameters including but not limited to face value, insurance carrier, age, mortality profile, rating and gender. At the same time the gross expected...

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