Angela Sormani

Adams Street Partners' Chief Investment Officer Hanneke Smits has decided to leave the firm. Kelly Meldrum will be promoted to the head of Adams Street Partner’s primary investment team, and will assume Smit’s responsibilities as she transitions out of her role as head of the primary team. Jeff Diehl, a partner on Adams Streets’ direct venture capital/growth equity Team will join Adams Street’s executive committee effective immediately.

Fondo Italiano d’Investimento and Siparex have launched Siparex Investimenti 2. The new fund is an investment vehicle dedicated to Italian SMEs and mid-sized companies.

Plastiq has raised $10 million in Series B financing. Khosla Ventures led the round, with participation from investors from the previous round, Atlas Venture and Flybridge Capital Partners. Plastiq is a payments company that enables consumers to pay with their credit card of choice regardless of merchant acceptance.

The Gores Group has promoted Jon Gimbel to the position of managing director of Gores Small Capitalization Partners. Gimbel joined Gores in 2003 as an associate.

immatics biotechnologies, a clinical-stage biopharmaceutical has completed a Series D financing round. The funding was supported by existing investors including dievini Hopp Biotech holding, Wellington Partners, and AT Impf GmbH and others.

Zoyi Capital has backed Taiwan Farm Industry. The business is a processed meat producer based in Taiwan, with 47 years operating history, offering a wide range of pork products under its own brand.

Beechbrook Capital has hit a hard cap at final close of Fund II. The firm has also completed two new investments and strengthened its management team with the appointment of a new finance and operations director, Alan Chu.

Elliptic, a digital asset services company, has completed a $2 million funding round led by Octopus Investments. Launched in January 2014, Elliptic is a digital asset services company.

Global online business project and independent consultant matchmaking marketplace MBA & Company has revealed European private equity firms could save millions each year by switching due diligence provider. The business argues many are spending large amounts unnecessarily.