AXIS Group Ventures

International Money Express (Intermex Wire Transfer, LLC) has refinanced its debt with a new $425 million revolving credit facility arranged by KeyBank. This facility matures in 2029, offers loans in U.S. dollars, euros, and pounds, and includes an additional $100 million credit option. It comes with improved terms, featuring an interest rate of SOFR plus 175 to 225 basis points. Intermex used part of this facility to repay a $72 million term loan and has increased its share repurchase authorization to $100 million, aiming to boost growth and return value to shareholders. ——— At AXIS Group Ventures, we specialize in global debt placement and private market secondaries for VC- and PE-backed companies. Learn more about us here: www.axisgroupventures.com. #privatemarket #secondaries #venturecapital #privatecredit #privateequity

Here’s this week’s top 10 news highlights: # 1: SparkLabs Group raises $50M, joining #AI-focused fund trend. - https://lnkd.in/e7CaCF6B # 2: Apollo Global Management, Inc. considers secondary trading desk for #privatedebt. - https://lnkd.in/eBu5tAbd # 3: HPS Investment Partners, LLC considers IPO, could be valued over $10 billion. - https://lnkd.in/e2EANTaz # 4: Blue Owl Capital and Partners Group invest $7 billion in data centers. - https://lnkd.in/eX-fj6fp # 5: Private equity opens to retail; scrutiny and fees concerns rise. - https://lnkd.in/ejCtYdTT # 6: Secondaries market to hit record; LPs drive surge. - https://lnkd.in/e3SmmsY6 # 7: Safe Superintelligence raises $1B; Sakana AI secures $100M. - https://lnkd.in/eNiENR-K # 8: Mayfield Fund launches $100M AI Garage to support startup founders. - https://lnkd.in/gr5YUY97 # 9: Trinity Capital invests $50M in LightForce's personalized braces technology. - https://lnkd.in/eS7nT7Gb # 10: Thornburg Investment Management and Bow River Capital launch private credit joint venture. - https://lnkd.in/e4YWvXWB More below. 👇🏼 ——— At AXIS Group Ventures, we specialize in global debt placement and private market secondaries for VC- and PE-backed companies. Learn more about us here: www.axisgroupventures.com. #privatemarket #secondaries #venturecapital #privatecredit #privateequity

Parry Labs, a defense tech startup, has secured $80 million in its inaugural institutional investment round, spearheaded by Capitol Meridian Partners with participation from True Ventures, 3Wire Partners, and Teamworthy Ventures. The Alexandria, Virginia-based company specializes in digital systems for defense, including advanced #AI and mission-critical software for edge computing and electronic warfare. Founder and CEO John Parkes highlighted Parry Labs' role in advancing how defense clients utilize digital engineering and open systems to deliver new capabilities swiftly. The recent $80 million funding round for Parry Labs is part of a trend, with Anduril Industries securing $1.5 billion in its largest-ever defense tech round and DEFCON AI raising $44 million in seed funding for its military logistics AI tool. Why the Surge in #DefenseTech Investment? Despite the U.S. Department of Defense (DoD) being traditionally slow to adopt new technologies, recent trends indicate a significant increase in defense tech investment. Sapphire Ventures reports that following a period of stagnant round sizes, 2024 has seen a rebound, especially in seed and Series A funding. Factors driving this surge include escalating global conflicts, the DoD's acknowledgment of its technological gaps, increased defense budgets, and the migration of top talent to the private sector. This uptick highlights the growing interest and opportunity in defense tech despite ongoing challenges in navigating government procurement processes. What new innovations will emerge as the defense sector adapts to modern threats? (Source: https://lnkd.in/e_MwxX3i , https://lnkd.in/gue5TxmT) ——— At AXIS Group Ventures, we specialize in global debt placement and private market secondaries for VC- and PE-backed companies. Learn more about us here: www.axisgroupventures.com. #privatemarket #secondaries #venturecapital #privatecredit #privateequity

Crunchbase reports that U.S. seed and early-stage funding saw consistent increases over a decade until early 2023, when round sizes began to shrink amid a venture funding slowdown (see chart). However, in the first half of 2024, median round sizes for seed through Series C have risen again, surpassing 2021 and 2022 levels, particularly for seed and Series A stages. Series B and C are up from 2023 but still below peak 2021 amounts. The rise in funding is largely driven by the #AI sector, with valuations and round sizes in AI significantly higher than in other sectors. The shift towards larger, concentrated bets and higher valuations in early-stage funding reflects a recovery and growing confidence in specific high-growth areas. Read the full article here: https://lnkd.in/euNWZ6wJ ——— At AXIS Group Ventures, we specialize in global debt placement and private market secondaries for VC- and PE-backed companies. Learn more about us here: www.axisgroupventures.com. #privatemarket #secondaries #venturecapital #privatecredit #privateequity

In a quote from Colin Powell, he once said.... “Success is the result of perfection, hard work, learning from failure, loyalty, and persistence.” On this Labor Day, I am spending time with family, catching up, and reflecting. At AXIS Group Ventures, we are grateful for the opportunity to support clients, companies, investors, and advisors across our target private markets. In this post, I am sharing an article covering a few expanded insights on Private Market secondaries via the AXIS Group Ventures team.

Today, we celebrate the hard work and dedication that drives progress in every industry. From the late nights to the early mornings, it’s the relentless pursuit of excellence that moves us forward. Let’s take a moment to honor the efforts of workers everywhere and reflect on the value of collaboration, resilience, and innovation. Happy Labor Day! #LaborDay #WorkforcePower #InnovationDriven

Here's this week's round of top 10 news stories: # 1: Vista Equity Partners seeks $1 billion debt for Jaggaer acquisition. - https://lnkd.in/gM5NAiNS # 2: OpenAI nears $100B valuation with new venture capital funding. - https://lnkd.in/g6zTMzh6 # 3: Venture capital in #climatetech falls but targets key sectors. - https://lnkd.in/gxCb__zN # 4: New Enterprise Associates (NEA) raises $468M to reenter the secondaries market. - https://lnkd.in/dfhtScNy # 5: Alberta Investment Management Corporation (AIMCo) sees stable private equity pricing and expands into private credit. - https://lnkd.in/gKYHJ5h6 # 6: National Football League (NFL) allows private equity to buy up to 10% of teams. - https://lnkd.in/gaFmAnpF # 7: G Squared raises $1.1B to target secondary market opportunities. - https://lnkd.in/gfFYhc_a # 8: Magnetar launches #AI-focused venture fund with key institutional backing. - https://lnkd.in/ghgbG6pW # 9: Over half of Ardian's private credit investments were repeat business. - https://lnkd.in/ehMTjjGD # 10: Monroe Capital LLC arranged senior credit for Sunstone's EverService growth. - https://lnkd.in/g-sghFdg More below. 👇🏼 ——— At AXIS Group Ventures, we specialize in global debt placement and private market secondaries for VC- and PE-backed companies. Learn more about us here: www.axisgroupventures.com. #privatemarket #secondaries #venturecapital #privatecredit #privateequity

Patience is key, but in the world of #secondaries, timing is everything. The wait for the right discount might be long, but strategic moves pay off in the end. ☕️ #SecondaryMarket #InvestmentStrategy

Private market assets are on the rise, expected to grow at twice the rate of public assets, reaching $60-$65 trillion by 2032, according to Bain & Company. With a projected 9-10% annual growth rate, private markets could account for 30% of all assets under management (see chart below). As wealth and asset managers shift focus from public to private markets for higher yields and diversification, retail investors are also playing a bigger role, with their AUM share expected to rise to 22% by 2032. Firms will need to adapt by refining their strategies, expanding capabilities, and educating investors on the benefits and liquidity of private assets. Full report here: https://lnkd.in/eMsVJHFp #PrivateMarkets #InvestmentGrowth #WealthManagement

This quote by Jerry Sanders is a simple yet powerful reminder that success stems from prioritizing people—be it your team, clients, or partners. When we focus on fostering strong relationships and building trust, innovation and profits naturally align. In the tech world, we see this philosophy in action. While companies like NVIDIA and Google dominate #AI conversations, others, like AMD, have been quietly making moves. Recently, AMD announced its $4.9 billion acquisition of ZT Systems, aiming to rival Nvidia in AI data center technology. By prioritizing strategic partnerships and AI investments, AMD is positioning itself for long-term success. Here’s the full story: https://lnkd.in/gHGdDviv Focusing on the needs of people in every aspect of business can lead to game-changing opportunities. Just as AMD ventures into AI for future innovation, let's prioritize people to drive our ventures forward! #Leadership #PeopleFirst #AI #Innovation #BusinessGrowth