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Analysis from global consultancy partnership Kearney has revealed that private equity investments focusing on climate protection, besides having a positive effect on the planet, do not sacrifice profitability.  The exploratory study, in conjunction with the Technical University of Munich and climate change-focused start-up ‘right, based on science.’, reveals that climate protection and attractive returns can go hand in hand.  The study compared investments in 38 portfolio companies by European private equity funds with the aim of establishing their impact in three areas: the contribution to global warming of each of the investments by 2050, portfolios’ overall carbon emissions, and the
Peter Stapleton, Maples Group
In a hunt for yield, investors have been enticed to consider allocating to illiquid asset classes in long-term, closed-ended products. Limited partnerships have been and continue to be the structure of choice for such investments, particularly for private equity (PE) and venture capital (VC).  Against this backdrop, the Irish Government has worked to modernise and enhance the existing Irish investment limited partnership (ILP) legislation with the view to making Ireland a global location for private equity funds*. As discussed by Peter Stapleton, head of the Irish Funds & Investment Management team at Maples and Calder, the Maples Group’s law firm
Ross McCann, Alter Domus
Various market forces are driving prospects for alternative managers globally, with Ireland being a key destination. Persistent low interest rates are pushing institutional investors towards alternative assets. This, coupled with the Covid pandemic further curtailing appetite for bank lending, has created opportunities for managers, particularly in the debt/credit spheres. In Ireland, accelerated growth is expected to come from the private funds sector, following the launch of the enhanced Investment Limited Partnership (ILP) in December 2020. From its perspective, Alter Domus is poised to make the most of this new development and support its existing and prospective clients with “full-suite” offerings
By A Paris – When the Alternative Investment Fund Managers Directive was enacted, there was talk of AIFMD becoming a brand to rival UCITS. The latest enhancements to the Investment Limited Partnership (ILP) structure in Ireland may well oil the wheels in the journey to making this a reality. Following the initial frosty reception of the AIFMD, the fund industry has grown increasingly comfortable with the regulation. This happened concurrently with the dramatic rise in institutional investors’ needs around transparency and disclosure. Paul Whelan, CSC Global managing director, head of depositary services, comments: “AIFMD is becoming a more recognised brand. UCITS
Aurelius has acquired all shares of Panasonic’s European Consumer Battery Business Units (Panasonic Consumer Energy) from Panasonic Europe. From its European sales headquarters in Zellik Belgium, Panasonic Consumer Energy operates two manufacturing facilities, one located in Belgium and one in Poland. Across its locations Panasonic Consumer Energy today employs around 900 people and generated revenue of approximately EUR230 million in 2019.   Panasonic Consumer Energy is one of the leading producers in the European consumer batteries market and has a long-standing history of high-quality manufacturing and distribution in the European market dating back to 1970. Its key products include alkaline
Accelmed Partners (Accelmed), a private equity firm focused on acquiring and investing in US commercial stage, lower middle market HealthTech companies, has closed its oversubscribed second fund, Accelmed Fund II (Fund II) at the fund’s hard cap of USD400 million, exceeding its original USD300 million target.  Fund II received significant backing from new investors globally, including pension funds, insurers, family offices, and high net worth individuals, as well as from existing Accelmed limited partners.   For more than a decade, Accelmed has leveraged its deep HealthTech industry experience, operational and financial expertise, and strong relationships across the field to help
Mainspring Fund Services and Aspida Group have partnered to provide Guernsey-domiciled private equity and venture capital funds with a comprehensive solution for fund administration, compliance, governance and reporting. At the same time, the partner firms confirmed their very first launch – a USD550m Private Investor Fund. The Guernsey-domiciled Fund, which has completed its first close, is run with a global mindset, investing in growth-stage technology companies across Europe, Asia and North America. The Fund is structured with a dedicated feeder for employees, advisers and affiliates. Through the partnership, fund managers will benefit from the focused, specialist services of Aspida for
IronNet Cybersecurity (IronNet), a cybersecurity specialist backed by private equity investor C5 Capital, is to merge with LGL Systems Acquisition Corp, a special purpose acquisition company (SPAC).  The transaction will see IronNet list on the New York Stock Exchange and trade under the ticker symbol IRNT.   IronNet merges industry-leading cybersecurity products with expert service to create a platform designed to deliver the most advanced, real-time cyber defense globally, protecting both private and public sectors. Bringing together some of the best minds in cybersecurity from industry, government and academia, IronNet was created to more effectively defend enterprises, sectors and nations
Anchin, Block & Anchin (Anchin) has launched an emerging manager platform for start-up and early-growth hedge, private equity, real estate and venture capital funds, offering a mix of traditional and non-traditional professional services across audit, tax, advisory and consulting.  Read the full story at Hedgeweek…  
The New, one of Latin America’s fastest-growing plant-based meat brands, has secured funding from Lever VC, a global investor in the alternative protein space, and Paulo Veras, Founder and CEO of 99, Brazil’s first tech unicorn. Funding will be used to complete expansion of a 1,000 sq m production facility amid heavy demand for the company’s products at national and regional retailers.  Launched in September 2019 by Bruno Fonseca, The New produces plant-based salmon, cod, chicken, and beef products. All products are non-GMO and free of all common allergens including soy and gluten, positioning The New alongside Beyond Meat as

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