Praetura Ventures harness Mainspring’s Investment platform for venture capital co-investment

Praetura Ventures, the early-stage venture capital fund manager, has secured a £15m commitment that will co-invest in parallel to Praetura’s fund into future investments. British Business Investments, a commercial subsidiary of the British Business Bank, made the commitment through its Regional Angels Programme, which seeks to address geographical imbalances around early-stage equity finance. The investment…

True appoints Mainspring as fund administrato

True appoints Mainspring as fund administrator for its latest PE fund & Seed Stage Fund

We are delighted to report that Mainspring has been appointed as fund administrator for True’s third investment fund of £275m and seed-stage fund which has initial commitments of £40m at first close. In addition to existing funds brings total AUA, in just five years, well in excess of £600m. True’s PE fund takes majority and…

Redrice Ventures appoints Mainspring as fund administrator

Mainspring was appointed by Redrice Ventures as fund administrator for both its LP and managed account funds. We are delighted to report that Mainspring has been appointed as fund administrator for Redrice Venture’s new limited partnership VC fund. Redrice Ventures, the seed-stage venture fund which invests in digital-born brands and related technology companies, started its…

British Virgin Islands private investment fund FNF Capital appoints Mainspring as Fund Administrator

Mainspring is pleased to announce the launch of Family & Friends, a private investment fund domiciled in the British Virgin Islands. The vehicle will be investing as a Limited Partner in a select number of emerging market funds, managed by established private equity teams. FNF Capital was founded and is managed by an industry veteran…

Mainspring, fund administration at scale and complexity for Doughty Hanson

Customer Insight: DH Private Equity Partners (DH), known as Doughty Hanson prior to rebranding, invested €7 billion over 60 companies through several funds with multi-jurisdictional fund structures.  The Firm was focused on mid-market European private equity and has been acknowledged as a pioneer in the area of active ownership and value enhancement. Following a successful…

Mainspring & Aspida $550m Guernsey Private Investment Fund launch

Mainspring Fund Services and Aspida Group are delighted to announce a partnership agreement providing Guernsey domiciled private equity and venture capital funds the total solution for fund governance, compliance, administration and reporting. They are also pleased to report the first fund launch for this partnership, a $550m Guernsey Private Investor Fund which completed its first…

Mouro Capital the $400 million fintech venture capital fund appoints Mainspring as fund administrator

Mouro Capital – succeeding the investment business Santander InnoVentures – spun out from Santander in September, with the bank doubling its allocated funds to $400m.  Mainspring is delighted to announce that it has been appointed as fund administrator, taking on responsibility for the fund’s existing portfolio and the enlarged fund. The fund was an early…