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James Williams, Hedgeweek

Energy infrastructure will create natural gas and renewable opportunities, says BlackRock report

Renewables and natural gas replacing coal and nuclear to power industry, transportation and homes is arguably one of the most important structural transformations in global energy infrastructure. This is being driven by government policies and increased awareness among institutional investors for sustainable and environmentally friendly investments. Within the infrastructure space,

LDC backs Martin Audio MBO with GBP12m investment

Mid-market private equity investor LDC has backed the management buyout (MBO) of Martin Audio, a designer and manufacturer of loudspeaker systems, from global audio specialist Loud Audio. As part of the deal, LDC, the private equity arm of Lloyds Banking Group, has invested GBP12 million for a significant stake in

Industry Ventures raises oversubscribed USD335m hybrid fund of funds

Industry Ventures, an investment firm focused on venture capital, has closed its fifth hybrid fund of funds, Industry Ventures Partnership Holdings V with total commitments of USD335 million. The Fund will continue the same successful strategy of primary commitments and early secondary purchases in smaller, early-stage venture capital funds as well as direct

CVC Fund VII acquires controlling stake in Recordati

A consortium of funds led by CVC Fund VII has agreed to buy the holding company that owns a majority interest in Recordati. Chairman Alberto Recordati says: “Today is an important moment in the further development of the company my grandfather founded over 90 years ago. We have found in

Audax Private Equity completes sale of HALO Branded Solutions to TPG Growth

Audax Private Equity (Audax), in partnership with management, has completed the sale of HALO Branded Solutions to TPG Growth, the middle market and growth equity platform of global alternative asset firm TPG, and HALO management. Headquartered in Sterling, Illinois, HALO partners with more than 60,000 clients across North America to

EQT to acquire SUSE from Micro Focus in USD2.5bn deal

The EQT VIII fund (EQT VIII) is to acquire SUSE, a global provider of open source infrastructure software for large enterprises, from the global infrastructure software business Micro Focus International plc (Micro Focus) in a USD2.535 billion deal. The transaction is subject to Micro Focus shareholder and customary regulatory approvals.  

Aretex Capital Partners closes first investment

New private equity firm Aretex Capital Partners has closed its first transaction, the acquisition of Alerian, a provider of energy infrastructure indices and market intelligence based in Dallas, which was announced in May 2018. The investment is representative of Aretex’s strategy to invest in founder-led businesses with multiple growth levers.

Natixis acquires MV Credit

Natixis Investment Managers has expanded its private debt capabilities with the acquisition of a MV Credit, a European Credit specialist focused on upper mid-cap private debt. The acquisition providing investors with access to a wide range of strategies in private equity, private debt, real estate, and infrastructure. MV Credit will

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