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This week’s family investment deals

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The role of private capital in European football teams took another step this week when a Hong Kong-based private equity group called LoinRock Capital bought a minority stake in Inter Milan, one of Italy’s best-known football clubs. The stake is likely to dovetail with the private investments of one of China’s wealthiest individuals, who bought a majority stake in Inter in 2016. Zhang Jindong is linked to Suning Group and bought his stake in Inter with an investment group he set up in Luxembourg.

Declaration Capital, the private investment office of private equity billionaire David Rubenstein, together with two institutional investors, have bought a residential community in Maryland called Silver Spring. The three investors paid $86.7 million for the real estate investment. They plan to invest additional capital in renovations, according to a statement accompanying the investment.

Kensington Capital Ventures, a Boston-based investment office of the Gay family, has invested in Simplus, a quote-to-cash platform. Kensington led the round with seven other investors in a Series C round worth $20 million for the US-based group.

Blue Haven Initiative, the impact investment office owned by Liesel Pritzker Simmons, and her husband Ian Simmons, has invested in a tech recruitment group called Shortlist. Blue Haven led the Series A round with two other investors, which was worth $2 million for the Indian-based startup.

Alexandria Venture Investments, a private investment vehicle of Joel Marcus, has invested in a US biotech group called Dewpoint Therapeutics. Alexandria was one of six investors in a Series A round worth $60 million.

MSD Capital, the investment office of Michael Dell and his family, has invested in a US fintech group called Acorns. MSD was one of nine investors in a Series E round worth $105 million for the group.

Segnalita, an Austrian private investment group of the Langes-Swarovski family, who own the eponymous crystal company, has invested in Instagrid, a German battery storage startup. Segnalita invested alongside an investment group called Martin Global, a German investment group linked to the Martin family, and with one institutional investor. Terms of the deal weren’t disclosed.

ICONIQ Capital, a closed multi-family office with close links to Mark Zuckerberg, has invested in US data management group Collibra. ICONIQ was one of four investors in a Series E round worth $100 million for the group.

Tao Capital Partners, the investment group owned by Nicholas Pritzker, has invested in FoodMaven, a US-based B2B food platform. Tao backed the group with $10 million in a Series A round.

Jim Mellon, the UK based investor, who owns a number of investment vehicles, has invested in a US hemp-based biotech startup called Socati. Mellon was one of three investors in a Series A round worth $33 million for the group.

Wildcat Capital Management, a family investment group owned by David Bonderman, has invested in Packback, a learning platform. Wildcat was one of nine investors in a Series A round worth $2.5 million for the US group.

Syntrans, a Swedish investment group owned by Björn Lindskog and Peter Viberg, together with LMK Ventures, owned by the Swedish Karlsson family, have invested  $6.4 million in a Swedish 3D printing group called Wematter.

Bill & Melinda Gates Foundation has invested in Lyndra Therapeutics, a US biotech group. The foundation was one of 12 investors in a Series B round worth $55 million for the group.

H14, an investment group controlled by the Italian Berlusconi family, has invested in ContentSquare, an e-commerce platform. H14 was one of four investors in a Series C round worth $60 million for the French group.

AT Capital, a Singapore-based private investment group owned by Arvind Tiku, has invested in Clovia, an Indian online lingerie retailer. AT Capital was one of two investors in a Series C round worth $10 million for the group.

 

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