TrueBridge Capital Partners, a boutique alternative asset investment firm, has closed its second venture capital and growth equity fund-of-funds, TrueBridge-Kauffman Fellows Endowment Fund II, at USD342 million, exceeding both its initial target and the size of its first fund. TrueBridge currently manages over USD700 million in assets across its funds-of-funds. Fund II received commitments from limited partners, which include foundations and endowments, private and public pension funds, asset management firms, and high net-worth individuals. TrueBridge is strategically partnered with the Kauffman Fellows Program, an educational non-profit organisation with an 18-year history of identifying and educating the future leaders of the

The Karma Communications Group has acquired the Crayon group, a leading UK-based digital communications agency, to work alongside Karmarama, an independent integrated advertising agency. Karma Communications aims to grow into an international challenger agency group, providing clients with best-in-class creative solutions across every step of the customer journey. The Karma Communications Group came into existence with the announcement in May 2011 of the investment by Phoenix Equity Partners, the UK-based mid market private equity investor, in Karmarama, together with its sister agencies Kream and Kaper.  The group is owned jointly by Phoenix and its senior management team. Crayon was founded

Earthrise Capital Fund has completed an investment in the Series B securities of Charlotte, North Carolina-based Forest2Market, Inc. Earthrise was joined in the Series B financing by Zephyr Investment Management, F2M’s existing lead investor. In conjunction with this transaction, Ann Partlow, Partner of Earthrise Capital, will take a seat on the Company’s board. Forest2Market is a provider of pricing data, supply chain expertise and consulting services to the forest products and biomass energy industries. The Company’s database of real-time prices for lumber, pulpwood, fiber, biomass and other forest products is the most comprehensive available. Forest2Market intends to use the proceeds

Biomass Engineering Limited (BEL), manufacturer of renewable energy biomass plants, has secured a EUR6m growth equity investment from a US-based investor. The investment was made by Excelestar Ventures of Massachusetts, confirming Biomass Engineering’s sector leading biomass cogeneration energy and heat plant technology. “Excelestar believes in BEL’s combined heat and power biomass plant.  It is a robust and modular system that is the product of skilful engineering,” says Tasneem Dohadwala, General Partner of Excelestar Ventures.   BEL is an international leader in design, production and installation of biomass gasification CHP systems.  As a pioneer in the industry, BEL’s technology is backed

Hutton Collins Partners has supported the acquisition of a majority interest in Wellington boot maker Hunter Boot Limited by Searchlight Capital Partners LP. Under the terms of the investment, Hutton Collins will provide GBP32 million of PIK and equity financing. Searchlight’s acquisition, backed by Hutton Collins, will provide valuable support to drive the expansion of Hunter into new markets and related products. The company has expanded its product offering in recent years into areas including leather boots and other footwear, knitted accessories and bags. Hunter’s positioning as a heritage British brand, with a history dating back more than 150 years,

Newly formed DNV Nemko Presafe has agreed with DS Certificering A/S to acquire their DGM (Danish Medical Devices Certification) unit to form a new and focused entity within the Medical device certification field.   Through this acquisition, DNV Nemko Presafe is significantly expanding its position in the area of certification for the Medical Device industry. DGM and their existing staff and services will be integrated into DNV Nemko Presafe’s service portfolio globally.   DNV Nemko Presafe is a newly established joint venture offering testing and certification for medical and EX industries, owned by DNV Business Assurance and Nemko. With the combined

Investcorp Technology Partners’ Technology Partners III Fund has acquired a significant minority stake in Thought Equity Motion, a provider of cloud-based video management and footage licensing services, based in Denver, Colorado. Investcorp Technology Partners invested a total of USD28 million, making it the largest single shareholder in the company today. Investcorp Technology Partners will work alongside Thought Equity Motion’s founders, existing management team and investors to drive growth in its US and international markets. The company’s T3 Platform supports storage, access, delivery, and monetization for major studios, sports rights holders, and other media companies worldwide. Its global footage licensing platform is the premier

General Atlantic LLC (GA) has completed an investment in logistics company Fourcee Infrastructure Equipments Private Ltd. General Atlantic will become a minority shareholder in the company and will join the board of directors. Fourcee Infrastructure Equipments Private Limited is in the business of providing bulk logistic solutions in specialized tank trailers and equipment in a cost efficient manner. It caters to the Indian metals, manufacturing and specialty chemicals industries. Fourcee provides an end-to-end full service of the logistics chain to the customers all the way from the manufacturer’s pick-up location to the drop-off point at the customer’s premises.    “We welcome