Russian Direct Investment Fund (RDIF) portfolio company Nord Hydro-Beliy Porog has broken ground on the construction of small hydropower plants on the river Kem in Karelia, Northwest Russia. The breaking ground ceremony was held in the presence of the Head of the Republic of Karelia Alexander Khudilainen, RDIF executives and

AREAM and Greentale Capital have established a joint venture that will leverage the combined experience of two teams in the renewable energy and investment management industries. The joint venture will assist institutional investors to gain high-quality exposure to investment opportunities in the renewable energy industry.   Initially, the joint venture

Bowmark Capital, a mid-market private equity firm, is backing the buy-out of IT solutions provider Node4 Holdings from its previous institutional investor, LDC.  Founded in Derby in 2004 by its then 23 year old chief executive Andrew Gilbert, Node4 is a provider of integrated IT solutions, hybrid infrastructure and cloud-enabled

Transaction activity in the infrastructure remains healthy, with 289 deals worth an aggregate USD75 billion, a slight drop in the number of deals and combined deal value for a second successive quarter. Preqin says this drop is due to the high levels of activity seen in the first half of

NVM Private Equity has backed a management buy-out (MBO) at Presteigne Broadcast Hire, a specialist in the broadcast equipment hire sector in the UK. The business hires a selection of specialist equipment predominantly to outside broadcast companies with a particular focus on the live sport and event sector.   Founded

PNC Bank Canada Branch has completed a CAD17.1 million financing package for Doxim Solutions ULC, a provider of SaaS customer engagement solutions for banks, credit unions and wealth management firms in North America. The PNC financing included a CAD1.9 million senior secured revolver with a CAD15.2 million senior secured term

HIG WhiteHorse, a credit affiliate of global investment firm HIG Capital, has supported Gotha Cosmetics’ acquisition by Capvis Equity IV, a fund advised by Capvis Equity Partners, by providing funding to support a EUR65 million unitranche facility arranged by Credit Suisse. Gotha Cosmetics is a developer and manufacturer of private

Mid-market private equity investor LDC has backed the management buyout of PAW Holdings to support the company’s growth strategy. Founded by Alan Walker in 2001, PAW designs, manufactures and installs pre-engineered light gauge building systems.   Headquartered in Skipton, North Yorkshire, the business is on track to achieve revenues of

Allied Minds and GE Ventures have formed an alliance to jointly identify and commercialise next-generation technologies.  Under the terms of the agreement, Allied Minds and GE Ventures agree to invest in new and existing technologies sourced from both Allied Minds and GE’s innovation pipelines.    The alliance expands Allied Minds’