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Intelligence

PennSERS commits additional $125m to Sentinel PE funds

The Pennsylvania State Employees’ Retirement System (PennSERS) has made an additional commitment of up to $125 million to two private equity funds managed by Sentinel Capital Partners, according to a report by Pension & Investments. The report cites an email from spokeswoman Pamela Hill as confirming that an allocation of

Red Mountain launches investment banking platform for middle market companies

Red Mountain Capital Partners (Red Mountain) has launched Red Mountain Capital Advisors (RMCA) and Red Mountain Securities (RMS), an investment banking platform focused exclusively on providing advisory services for middle market public and private companies and their owners. RMCA and RMS represent the evolution of Red Mountain from an investment

Palisade Real Assets acquires Eco2 Management Services

Palisade Real Assets has acquired Eco2 Management Services Limited (EMSL), a UK-based renewable energy asset management and development company. The acquisition accelerates Palisade Real Assets’ energy transition investment ambitions in the United Kingdom and Europe and will underpin a dedicated Bioenergy Platform focused on anaerobic digestion assets and adjacent infrastructure.

Morrison & Co acquires 33.3% stake in Spanish fibre network operator

HRL Morrison & Co (Morrison & Co), a specialist infrastructure asset management firm, has acquired a 33.3% stake in Spanish open access wholesale fibre operator, Lyntia Networks (Lyntia). Lyntia operates an extensive metro and long-haul fibre network in Spain spanning more than 43,000 km, providing B2B connectivity services on a

Coller Capital and Hahn & Company co-lead largest GP-led transaction in Asia at $1.5bn

Coller Capital and Hahn & Company (Hahn & Co) have closed the largest GP-led transaction in Asia. The transaction is for Ssangyong C&E Co, Ltd (Ssangyong), a Korean cement manufacturer actively expanding into waste management businesses. The transaction’s total size is approximately $1.5 billion. Coller Capital and its co-investors were

Atwater Capital makes additional investment in wiip

Atwater Capital (Atwater), a media and entertainment-focused private equity firm, has completed an additional investment of an undisclosed sum in the independent US studio wiip, a leading producer of premium episodic content. Launched in 2018, wiip has quickly established a reputation as an independent entertainment company focused on delivering outstanding

Gryphon-backed Heartland acquires Family Vet Group

Heartland Veterinary Partners (Heartland), a veterinary support organisation in the United States, has acquired Family Vet Group (FVG), a leading provider of general practice veterinary care. Terms of the deal have not been disclosed. FVG’s state-of-the-art practices are located across major metropolitan areas in Florida, Texas, Tennessee, North Carolina, and

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