Sigstr raises $4 mln

Edison Partners said Sept. 18 that it led a $4 million round for Sigstr. Sigstr, of Indianapolis, provides a SaaS platform for employee email signature marketing.

Zhao joins Genstar

Genstar Capital said Sept. 18 that Jennifer Zhao has joined the firm as vice president, investor relations. Zhao was previously a vice president in the fundraising group at TPG.

Benhamou Global promotes Hemaraj to partner

Benhamou Global Ventures said Sept. 18 that it promoted Yashwanth Hemaraj to Partner in Palo Alto. The firm hired Susan Boehnlein as its CFO, while Sarah Benhamou joined as an associate. The early-stage VC firm said it is also launching Arka Venture Labs in partnership with Blume Ventures and Emergent Ventures.

Park joins H.I.G. Capital’s capital formation group

Ken Park has joined H.I.G. Capital’s capital formation group as a principal based in Hong Kong. Park will be responsible for capital raising and investor relations in Asia and Australia. Most recently, he spent five years at Oaktree Capital in Hong Kong, covering the Asian markets for Oaktree’s private equity, credit, real estate and infrastructure products. raises $8 mln said Sept. 18 that it raised $8 million in series A funding led by Pritzker Group Venture Capital. The Venture Reality Fund and GFR Fund joined the round as new investors. Also participating were existing investors, Silverton Partners and Hemi Ventures., of Jersey City, New Jersey, provides an enterprise AR for the pharma/biotech industries and, by extension, lab, line and suite environments.

Providence-backed Blackboard puts Cashnet on the block

Blackboard Inc, a portfolio company of Providence Equity Partners, has put Cashnet up for sale, according to four sources. Deutsche Bank is advising on the process, two of the people said. Cashnet provides electronic billing, payments and student payment plan services for more than 700 campuses. The company reaches 5 million students nationally, according to […]


Emplify raises $7.5 mln

Edison Partners said Sept. 17 that it led a $7.5 million growth investment in Emplify, of Fishers, Indiana. Emplify is an employee engagement measurement company.


Blackstone will seek $18 billion for latest real estate fund: Bloomberg

Blackstone Group is looking to raise $18 billion for its latest real estate fund, Bloomberg is reporting. The fund will have a strategy similar to its last real estate pool, which gathered $15.8 billion in 2015, the story said. BX will start marketing the flagship property later this year, Bloomberg said.


Duko, Singh join Ares Management

Ares Management LP said Sept. 17 that Jason Duko and Kapil Singh have joined the firm as partners and portfolio managers in the Ares Credit Group. Duko will be primarily responsible for managing U.S. bank loan strategies, while Singh will be primarily responsible for managing U.S. high yield bond strategies. Duko recently served as a portfolio manager at PIMCO, while Singh was a portfolio manager in the global developed credit group at DoubleLine Capital.


MortgageGym raises 3.8 mln pounds

MortgageGym said Sept. 17 that it raised 3.8 million pounds ($4.98 million) from investors, including LSL Property Services plc. GoCompare Group plc also increased its stake with the round. MortgageGym, of London, is a regulated mortgage robo-adviser.


Thompson Street buys LifeSpan Biosciences

Thompson Street Capital Partners said Sept. 17 that has acquired LifeSpan Biosciences Inc. Management is also investing. Financial terms weren’t announced. LifeSpan Biosciences, of Seattle, distributes antibodies and related reagents primarily to the academic and pharmaceutical research markets via its e-commerce platform. BroadOak Capital Partners served as LifeSpan Biosciences’ exclusive financial adviser. Achelous Partners acted as Thompson Street’s financial adviser.