The latest developments in wealth management, including new investment product and asset offerings.

Stonehage Fleming
The corporate finance and direct investments business of Stonehage Fleming, the multi-family office, has invested in the recently completed first-round fundraising for BibliU, a UK-based digital learning platform geared to higher education and publishers. The Series A fundraising collected $10 million. 

Stonehage Fleming Advisory’s clients are investing alongside UK impact foundation Nesta Impact Ventures, who led the round, Guinness Asset Management and existing investor Oxford Sciences Innovation, Stonehage Fleming said in a statement. 

The investment was led by Richard Hill and Anastasia Shvetsova, it said. 

“It [the investment] fits very well with our strategy of advising those of our clients that seek direct private equity investment, and offering them appropriate direct investment and co-investment opportunities sourced through our network,” Richard Hill, partner and chief executive of Stonehage Fleming Advisory, said.