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Managers

Suntera Global acquires NeoTrust

Following the acquisition in August of Reference Financial Services SA (Luxembourg), Suntera Global has now signed an agreement to acquire fund and corporate services firm NeoTrust Fiduciary Luxembourg SARL (NeoTrust). Headquartered in Luxembourg, and founded in 2017 by Martin Hubert and Julien Guillaume, NeoTrust is a highly experienced provider of

Sherpa Capital acquires Laboratorios Forenqui

Sherpa Capital, a private capital fund manager focused on investing in mid-sized Iberian companies with more than EUR300 million in assets under management, has acquired Laboratorios Forenqui (Forenqui), a Spanish company specialising in the production and marketing of hygiene and personal care products. This transaction is part of Sherpa Capital’s

Cheyne Strategic Value Credit completes EUR1bn fundraise

Cheyne Strategic Value Credit has successfully raised its second fund, Cheyne European Strategic Value Credit Fund II (SVC II) securing EUR 1 billion capacity less than six months after its first close, with strong support from existing investors and significant excess demand from new investors.  Cheyne Strategic Value Credit was

Data orchestration startup Seqera Labs raises USD5.5m in seed funding

Seqera Labs – a provider of data orchestration and workflow software for life sciences – has raised USD5.5 million in seed funding. The round was co-led by European VCs Talis Capital and Speedinvest, with participation from existing investor BoxOne Ventures.  The funding also includes a grant from the Chan Zuckerberg

PetMedix raises USD37m in Series B round

PetMedix has completed an oversubscribed USD37 million (GBP27 million) Series B financing round that will be used to advance its innovative pipeline through clinical development.  The investment brings two new investors into PetMedix: global technology company Tencent and Japanese corporation Kyoritsu Holdings alongside strong continued support from US-based investor Digitalis

Octopus Investments launches new sustainable fund

Octopus Investments, part of Octopus Group, has launched the FP Octopus UK Future Generations Fund, which will invest in businesses that are working hard to tackle some of the world’s greatest challenges, including climate change, revitalising healthcare industries, and empowering people using digital infrastructure. Building on Octopus’ strong track record

Egyptian fintech MNT-Halan attracts circa USD120m from global investors

MNT-Halan, Egypt’s leading fintech ecosystem, has secured a circa USD120 million investment by major global and regional growth investors: Apis Growth Fund II, Development Partners International (DPI), and Lorax Capital Partners.  In addition, the company has also attracted venture capital backing from Middle East Venture Partners, Endeavor Catalyst, and DisruptTech.

Financial leverage

HIG Capital closes HIG Europe Middle Market LBO Fund at EUR2bn

HIG Capital (HIG), a global alternative asset management firm with USD45 billion of equity capital under management, has closed its inaugural European Middle Market Fund, HIG Europe Middle Market LBO Fund, with aggregate capital commitments of EUR2 billion. 

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