Allocations
Commonfund Capital has closed its 12th venture capital fund, Commonfund Capital Venture Partners XII with USD432 million of capital commitments sourced from investors including endowments, foundations and pensions.
“We are pleased to partner with some of the leading managers across the globe for our 12th venture capital fund,” says Aaron Miller, Co-Head of Venture Capital at Commonfund Capital.
“Through our decades-long industry track record, dedicated focus and access, we bring mission- and membership-based organisations exposure to a range of companies driving disruptive innovation across sectors such as information technology, consumer and healthcare,” adds Co-Head Kent Scott.
Noerr has advised the French state-owned banking group Caisse des dépôts (CDC) and public transport provider Transdev, on structuring a transnational partnership with the German group Rethmann.
In connection with Veolia’s planned exit from Transdev, Rethmann is planning to acquire a stake in the company. At the same time, Rethmann is to contribute its German public transport division, which is bundled in Rhenus Veniro, to Transdev.
Once the transaction has been completed, Rethmann is to hold 34 per cent of the capital in Transdev, while CDC is to control the company with two-thirds of voting rights and 66 per
Foresight Group (Foresight) has made a GBP500,000 equity investment into Mobile Pay Systems, trading as Swoopos through the Midlands Engine Investment Fund (MEIF).
Swoopos provides a Mobile Point of Sale (“MPOS”) universal payments system that combines ePOS and cloud-based technology to deliver rich data analysis for businesses operating in the hospitality, and, soon the retail sector. The system includes a mobile wallet, booking system and mobile ordering, as well as a management reporting suite to help the retailer capture and monitor customer data.
Swoopos launched in August 2017 and already has 200+ systems installed with well-known brands including Costa
Aurelius Equity Opportunities is to acquire VAG, the Mannheim-based manufacturer of water and waste water valves from US-based Rexnord.
With approximately 1,200 employees, VAG generated sales of almost EUR200 million in its 2017/18 financial year. The transaction is to be finalised in Q4 2018.
As a globally active company, VAG is one of the leading suppliers of valves for water treatment and distribution, waste water management, dams, power stations and the energy industry. VAG is known and appreciated throughout the world for its market-leading know-how in product development and bears the quality seal “Engineering made in Germany”. The company
The International Stock Exchange (TISE) has revised its Listing Rules for trading companies, in particular to appeal to Small and Medium Sized Enterprises (SMEs).
TISE has a long term strategy of attracting more listings from growth companies based in the UK as well as its ‘home’ markets of the Channel Islands and the Isle of Man.
Fiona Le Poidevin (pictured), CEO of The International Stock Exchange Group (TISEG), says: “Owners of SMEs require access to affordable capital in order to scale up their businesses, but this is proving increasingly difficult. “That is the case across the funding landscape and
Le Col, a British producer of technical performance cycling apparel, has raised GBP2.35 million from Puma Private Equity to fuel further growth, with the opportunity to increase investment to GBP3.5 million.
Le Col, founded by ex-professional cyclist Yanto Barker in 2011, has its DNA in the pro peloton and its products have been bringing performance kit to consumers with a quality once reserved solely for professionals. The British company is based in London but manufactures all its kit in its own factory in Treviso, Italy – an area renowned for expertise in high-performance sporting apparel and the latest technical materials.
EdtechX Holdings has made its debut on the Nasdaq, becoming the world’s first education and education technology SPAC (Special Purpose Acquisition Company).
EdtechX Holdings, headquartered in London, intends to build an industry-leading platform of next generation education and training businesses through the targeted acquisition, consolidation and development of companies that are growing, profitable and early adopters of technology. In the first 18 months, EdtechX Holdings intends to initially focus its acquisition strategy on businesses typically ranging in value from USD100-USD600 million (and up to USD1 billion).
EdtechX Holdings is led by CEO Benjamin Vedrenne-Cloquet and Chairman Charles McIntyre. Benjamin
Venture capital firm Truffle Capital’s newly-created startup company Nanosive SAS, has signed an exclusive global licence agreement with Yale University, giving Nanosive worldwide and exclusive rights to develop and exploit a technological platform for a wide range of applications in dermo-cosmetics, in particular sun protection, the prevention of cancer and ageing of the skin.
Truffle Capital, which focuses on creating and financing start-ups with disruptive technologies in life sciences and information technology, invested in Nanosive through its new Truffle BioMedTech Fund which has already collected USD102 million and its Truffle Innove FRR France fund.
The licenced technology is based
Severstal Ventures, which was set up by steel and mining company PAO Severstal to support venture projects developing new production technologies and materials, has invested in Chrysalix RBV GP Ltd. (Chrysalix RoboValley).
Chrysalix RoboValley was set up to invest in intelligent systems and automation platforms, including areas such as artificial intelligence (AI), robotics, machine learning, Internet of things (IoT), as well as the development of new materials and special technologies that will enable the digital transformation of large industrial companies. According to Chrysalix RoboValley, the fund’s main investments will be in projects developed in Europe, North America and Asia.
The days of the generic offshore hedge fund feel like a distant memory. Regulation and other factors, both in the US and Europe, have led to a proliferation of new fund products to cater to the changing needs and desires of institutional investors. Recent regulations have encouraged alternative fund managers to explore diversification in their investment types.
The first clear wave of activity occurred five or six years ago when investment advisors, both in the hedge fund and private equity space, began launching registered alternative mutual funds and interval funds, in an effort to attract new investors. While in Europe,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
