California State Teachers’ Retirement System (CalSTRS) has created a £500 million separate account with Principal Real Estate Investors to invest in industrial assets in the United Kingdom.
Octopus Ventures' Titan venture capital trust (VCT) has announced it intends to raise up to £200 million, which would make it the largest ever VCT. The record fundraise is driven by what Octopus sees as a thriving U.K. entrepreneurial scene, and booming demand from high-net-worth investors.
<p>Notonthehighstreet.com, a U.K.-based online shopping marketplace featuring unique and one-off products from individuals and small businesses, has closed a £21 million ($27.5 million) Series E round led by Germany-based media company Hubert Burda Media. Existing investors including Index Ventures and Industry Ventures, and Eight Roads Ventures also participated in the round.</p>
Britain's pension industry could find itself in difficulty because its key asset holdings – government bonds – have negative yields.
As UK public pensions prepare to pool their investments, pension consultants are rethinking their propositions.
The Deal report from Beauhurst, which monitors equity fundraising secured by private companies in the UK, tracked 557 deals completed, and announced, in the first half of 2016 – down 22 per cent from the second half of 2015.
Since the referendum, $200 million of venture capital funding has been agreed, covering over 42 deals. Also, since the referendum Santander has announced plans to invest a further $100m into the UK fintech space, via Santander InnoVentures, topping up the total funds available from the venture to $200m.
Venture capital firms world-wide have invested $200m (£152.27m, € 182.21m) in UK tech start-ups in recent weeks, despite the Brexit vote, according to a report from Pitchbook, an American company that tracks investments.
The Dubai retailer Forever Rose is to expand into hotels, with the first one in central London, on expectations that tourism between the United Kingdom and the Arabian Gulf region will remain buoyant despite the vote to leave the European Union.
Reports on Coutts office come as property funds look to raise billlions to meet demands of investor wanting money back.