Allocations
Blackstone Resources AG has created Blackstone Research in the city of Erfurt in Germany. Blackstone Research is a wholly-owned entity which will provide an important platform for the company to carry out further research and allow Blackstone to establish a substantial battery-production project in Germany.
The aim is to manufacture the next generation of electric-vehicle batteries, close to where German auto manufacturers are based.
EUR200 million will be invested into this new project, initially from Blackstone’s own funds with the aim to garner further support from subsides provided by the EU’s research and development funds, and the German government
JZ Capital Partners Limited (JZCP), a London listed fund that invests in US and European microcap companies and US real estate, has sold Petrocorner, a network of petrol stations throughout Spain, to a Spanish subsidiary of British Petroleum (BP).
JZCP owns Petrocorner through its 18.75 per cent stake in JZI Fund III.
Headquartered in Madrid, Petrocorner is a strategic build-up in the Spanish retail petrol station market, comprised of 65 petrol stations located across Spain with annualised sales volume of approximately 250 million litres of petrol.
JZCP expects to receive cumulative gross proceeds of EUR12.1 million from the
Metropolitan Partners Group Management (Metropolitan), a direct-lending fund manager that provides senior-secured, transitional capital to small and mid-sized businesses in the US, has closed an investment in US Home Aggregation (US Home), an acquirer and manager of single-family rental homes across targeted markets in the US.
US Home will use the committed capital from Metropolitan to expand its existing portfolio of homes.
US Home acquires foreclosed single-family homes at a significant discount to both market and replacement costs in tertiary markets across the country that possess positive demographic and employment trends. The company uses a proprietary mapping tool that
Refinitiv has launched BRI Connect, part of a suite of tools enabling the global investment community to identify investment opportunities around China’s Belt & Road Initiative (BRI) through access to trusted, holistic information including macroeconomic, project, market, financing, geopolitical and operational risk data.
The Belt and Road Initiative focuses on building significant infrastructure projects across Asia, Europe, and Africa. Officially launched by China’s President Xi in 2013, it is already considered the largest investment program in history, accounting for more than USD500 billion of spend in infrastructure projects across more than 70 countries.
The initiative encompasses a vast range
Israeli VC firm Magenta Venture Partners has held the first closing of a new venture capital fund targeting USD100 million.
Magenta Venture Partners is an equal partnership between Mitsui & Co Ltd, one of the largest trading and investment companies in Japan, Ori Israely, and Ran Levitzky, two seasoned Israeli professionals from its venture capital industry
The fund specialises in early-stage investments in Israeli and Israeli-related technology start-ups in multiple domains including Automotive, Mobility, AI, Smart Cities, Industry 4.0, Enterprise Software and Fintech.
The four partners of the fund include Ori Israely, formerly of Motorola Solutions Venture Capital
Investcorp, a provider and manager of alternative investment products, has signed a secondary transaction in relation to a number of assets from its European private equity portfolio, under a new fund arrangement, subject to receipt of relevant regulatory approval and other customary closing conditions.
The fund will be capitalised with approximately USD1 billion of aggregate commitments.
Coller Capital’s current fund, Coller International Partners VII, will underwrite the new fund, with Investcorp retaining a continued interest in the portfolio through a meaningful GP commitment to the fund. The transaction also includes fresh capital for any follow-on investments, future investments and
BGF, the UK and Ireland-focussed investor in growing businesses, invested nearly half a billion pounds into British businesses in 2018, in another record year of growth.
With an average of one deal per week, BGF invested GBP288 million into 51 new businesses across the UK and Ireland and provided GBP153 million of follow-on funding to companies in its existing portfolio to support further growth.
Since BGF began in 2011, it has invested over GBP1.85 billion across 263 companies.
New businesses added to the portfolio in 2018 included BGF’s first investment in the Republic of Ireland since announcing the
Venture capital investor Beringea has led a GBP9 million investment in AccessPay, a Manchester-based fintech firm.
The funding round, also backed by US investors True Ventures and Route 66, is one of the largest ever investments in a financial technology company in the North. Maria Wagner, Investment Director at Beringea, led the deal.
The investment also marks the expansion of Beringea’s footprint in the North of England, as the firm has launched its first dedicated office in the region in central Manchester. This expanded presence will enable Beringea to work more closely with the region’s scaling businesses and provide
Jose Castellano has joined iM Global Partner as deputy CEO and Head of International Business Development.
iM Global Partner is an investment and development asset management platform focused on acquiring strategic investments in traditional and alternative investment firms, its Partners, with an objective of growing together. iM Global Partner aims to cover a wide spectrum of high alpha strategies globally supporting its present and future top-of-the-range managers.
iM Global Partner, which opened a distribution platform in the United States mid-2018, is now accelerating its international business development’s resources for its Partners.
Castellano (pictured), will support the continuous build-up
Vectis, a private equity firm long active in Nigeria, has concluded a restructuring investment transaction of USD12 million into Leventis Foods Ltd, an established Nigerian FMCG manufacturing company with leading brands of bread and snacks.
The transaction is pending regulatory approvals. Upon completion Vectis will control a majority stake and AGL will maintain minority.
Bread and flour-based snack sectors emerged in Nigeria over the past years and are expected to have a substantial growth with new products coming on the market. Rising disposable incomes and growing popularity of quality branded snacks will be key growth drivers especially among the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
