Windermere to buy minority stake in White Falcon; AMR sells Utility Therapeutics

Deal Wrap is updated as of 3 p.m. ET.

– Windermere Investment Corp. is acquiring a minority stake in Canadian investment management firm White Falcon Capital Management Ltd.

– AMR Action Fund GP LLC sold UK-based pharmaceutical company Utility Therapeutics Ltd. to Alembic Pharmaceuticals Inc.

– Ribbit Capital led a $28.5 million series A round for United Arab Emirates-based blockchain technology developer The Open Platform.

– Glilot Capital Partners led a $26 million series A round for Israeli quantum computer software developer QEDma Quantum Computing.

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