SkyBridge unveils new London office

By Iris Dorbian — 2 days ago

SkyBridge Capital has opened a new office in London that will serve as its home base for its business in the UK, Continental Europe and the Middle East. Hesham Alquraini, who previously worked at the Kuwait Investment Office and the Kuwait Investment Authority, will lead the office.

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Astellas and MPM Capital launch DigiTx Partners

By Iris Dorbian — 2 days ago

Astellas Pharma Inc has teamed up with MPM Capital to launch DigiTx Partners LLC, a digital health investment company. No financial terms were disclosed. DigiTx will focus on companies that “create solutions that improve patient outcomes and provide substantial synergy with a broader pharma business.”

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ORIX Ventures changes its name to ORIX Growth Capital

By Iris Dorbian — 5 days ago

ORIX Ventures, a business unit of Dallas-based financial services company ORIX USA, has rebranded to ORIX Growth Capital. According to the firm, which provides debt and equity funding to high-growth, venture-backed companies, the reason for the name change was to “better reflect the nature of its business strategy and value proposition it offers to its portfolio companies.” Founded in 2001, ORIX Growth Capital has provided over $1.4 billion in financing to more than 125 high-growth tech and healthcare companies.

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Israeli PE activity declines in second quarter, says new report

By Robert Daniel — 5 days ago

Israel’s private-equity dealmaking dropped in the second quarter, a report released July 26 said. Deal value in the quarter dropped 22 percent to $1.3 billion from $1.67 billion in the year-earlier quarter, while the number of deals fell by more than half to 13 from 29, the report by the trade group IVC Research Center and the law firm Shibolet & Co said. The comparative figures for Q1 2016 were 15 deals valued at $265 million, the firms, both based in Tel Aviv, said.

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