A new Guernsey Green Fund has been launched backing the wind farm sector in the UK and Ireland.  Resonance British Wind Energy Income II, an authorised, closed-ended investment fund, is focused on consolidating the fragmented small and medium-sized wind farm industry in Britain and Ireland, offering investment return and mitigating environmental damage.

Maven Capital Partners has led a £4 million investment in language understanding business, Relative Insight Ltd. The transaction comprises a £3 million package from Maven’s VCTs alongside £1 million from NPIF – Maven Equity Finance, part of the Northern Powerhouse Investment Fund. The funding will support the company’s growth strategy as it expands into the USA and develops its technology platform to help companies drive business value from language data.

British Business Investments, a wholly-owned commercial subsidiary of British Business Bank plc, the UK’s national economic development bank, has published its Annual Report and Accounts for 2018/19, its fifth year of operation.

Apadmi Ventures has invested in studentnannies.com, an innovative new childcare platform which has just launched in Manchester, having already launched in London. 

Invest Europe has appointed Eric de Montgolfier as new CEO to lead the world’s largest association of private capital providers and investors.

Mogrify Ltd, a UK company aiming to transform the development of life-saving cell therapies, has announced the initial close of its Series A funding. The Company raised $16 million USD in this round, bringing the total investment to over $20 million USD to date. The funding will support internal cell therapy programs, and the development and out-license of novel IP relating to cell conversions of broad therapeutic interest. Mogrify is also actively recruiting, and will increase headcount to 60 scientific, operational and commercial staff located at its state-of-the-art facility on Cambridge Science Park.

Livingbridge has appointed Andy Harrington, Robyn Smith and Tom Smith as investment managers, alongside two further hires in the business. 

BGF has successfully exited its investment in landscaping and grounds maintenance company, TCL Group. TCL has been acquired by idverde to create the UK’s largest provider of outdoor green services.

Browne Jacobson’s corporate finance team has advised Impala on its successful $11 million investment round.

Deutsche Handelsbank has welcomed Jens Munk and Dr. Frank Schlaberg as Co-CEOs and plans to accelerate its growth. 

Livingbridge, one of the UK’s leading mid-market private equity investors, has made a £15 million investment in Nationwide Hire, an aggregator of equipment rental and hire services.

Law firm Ashfords LLP has bolstered its Financial Services team with the hire of Legal Director Cynthia Ma.