AAA Jennifer Hill – Page 5

Luxury meets the bush in LVMH deal

L Capital Asia, the corporate venturing fund representing French luxury consumer brands conglomerate LVMH, has bought a 49.9% stake in 81-year-old Australian bushwear firm RM Williams. The deal was valued at around A$52m ($53.2m), according to a source. Ken Cowley, chairman and owner of RM Williams, which is known for its elastic-sided boots, will retain… Continue reading Luxury meets the bush in LVMH deal

Helping hand for Russian and Italian SMEs

RVC InfraFund, an investment fund established by Russian Venture Capital and SME Bank, the subsidiary of state-owned VneshEconomBank designed to support small and medium-sized enterprises, has teamed up with Luxembourg-based ARC Asset Management to launch a new fund to foster the transfer of technology and know-how between Russia and Italy. The ISAM SICAV-SIF fund will… Continue reading Helping hand for Russian and Italian SMEs

LearnZillion brushes up on $7m

O’Reilly Alpha Tech Ventures (OATV) has participated in a $7m series A round in LearnZillion, the Washington DC-based digital curriculum and professional development platform. The round was led by DCM, the early stage venture capital firm based in Silicon Valley, Beijing and Tokyo. NewSchools Venture Fund, Calvert Social Investment Fund and DC Community Ventures, a… Continue reading LearnZillion brushes up on $7m

Allecra attracts $20m

Venture capital firms Forbion Capital Partners, which spun out from Dutch bank ABN Amro at the end of 2006, and Edmond de Rothschild Investment Partners have co-led a series A financing round in newly-launched Allecra Therapeutics. The €15m ($20m) commitment will support early clinical development of two new antibiotic treatments designed to combat multi drug-resistant… Continue reading Allecra attracts $20m