Allocations
UBS Asset Management’s (UBS-AM) Real Estate & Private Markets (REPM) business has raised over EUR 850 million for its second European infrastructure debt fund, Archmore Infrastructure Debt Platform II (IDP II), surpassing the EUR700 million set target within six months of its launch.
The Fund will remain open to new subscriptions until year-end with a hard cap of EUR1 billion.
IDP II’s strategy targets private infrastructure debt opportunities of medium size in Western Europe, primarily through direct lending on senior secured projects, where it currently sees the most attractive risk-reward proposition. The asset class generates stable income from defensive
Law firm Paul Hastings has advised Saba Software, a portfolio company of Vector Capital, on its acquisition of Lumesse, a provider of talent acquisition, talent management and learning experience technology in Europe.
The Paul Hastings team was led by San Francisco partners Steve Camahort and Dana Kromm and also included partner Garrett Hayes and associate Sam Waite in London. Paul Hastings has advised Vector Capital and its portfolio companies on a number of recent transactions, including: Saba Software’s acquisition of Halogen Software; the acquisition of Experian’s Cross-Channel Marketing business to form Cheetah Digital; Cheetah Digital’s acquisition of Stellar Loyalty; and Allegro Development’s acquisition of Financial Engineering Associates.
Mid-market private equity investor LDC has completed the sale of Seabrook, the Yorkshire crisp brand, to leading snack brand Calbee (UK) Ltd for an undisclosed sum.
LDC backed the management buyout of the business in July 2015 to support its growth. Over the past three years, Seabrook has continued to invest in its manufacturing infrastructure, launch a number of new products and expand internationally.
The deal sees Seabrook join Calbee UK, a subsidiary of global snack company, Calbee Inc, which already boasts Yushoi, Rustiks and Harvest Snaps among its portfolio. It will see Seabrook operate as a standalone company,
Adams Street Partners, a private markets investment management firm with USD34 billion of assets under management, has held the close of Adams Street Venture Innovation Fund II with USD426 million in capital commitments.
The fund will focus primarily on early-stage venture fund managers globally.
Clients participating in the fundraise reflect the global nature of the firm, with commitments from both new and existing Adams Street investors located in United States, Canada, Germany, Great Britain, Japan, South Korea, and Thailand. Client types represented in this fundraise include institutional public and corporate pension plans, high net worth individuals, family offices, and
Graycliff Partners has completed the acquisition of Pebble Technology International (PebbleTec), a designer and manufacturer of high quality swimming pool finishes. Graycliff purchased the business from a small group of individual shareholders.
Based in Scottsdale, AZ, PebbleTec is the globally recognised brand leader in swimming pool finishes, specializing in high end aggregate finishes. The company sources premium stones of varying sizes and colours from across the globe (including New Zealand, Chile and Mexico), and has perfected a proprietary application process to produce custom finishes that last decades. The company serves applicators and pool builders worldwide through manufacturing and processing centres in
Arachnys, a specialist in Customer Risk Intelligence solutions for Know Your Customer (KYC), Anti Money Laundering (AML) and Enterprise Due Diligence (EDD), has completed a USD10 million Series A funding round led by QED and other investors.
Arachnys will use the proceeds to accelerate product R&D, expand go-to-market efforts and further develop strategic partnerships integrating its cloud platform within established compliance and onboarding platforms. The company will also establish a new delivery and implementation organisation to satisfy demand within its growing pipeline for global deployments of its Customer Risk Intelligence solutions.
Amias Gerety, Arachnys Board Member, Partner at QED
KKR has completed its acquisition of BMC, a specialist in IT solutions for digital enterprise, from a private investor group led by Bain Capital Private Equity and Golden Gate Capital together with GIC, Insight Venture Partners, and Elliott Management.
The terms of the agreement, which was previously announced in May 2018, have not been disclosed.
“As we embark on our next chapter with KKR, BMC continues to provide our customers with transformational solutions that help them manage and optimise information technology across cloud, hybrid, on-premise, and mainframe environments,” says Peter Leav, President and Chief Executive Officer of BMC. “With
Middle-market private equity firm Stellex Capital Management (Stellex) has completed its acquisition of Grammer Industries, in partnership with the Whittington family and management.
Now entering its fifth decade, Grammer is a provider of safe, dependable bulk hazardous transportation services in the United States. Terms of the transaction were not disclosed.
Grammer’s management team, under the leadership of Chief Executive Officer Bart Middleton and Vice President John Whittington, invested in the transaction and will continue to lead the business on its current path of expansion and growth.
Based in Columbus, Indiana, Grammer provides a broad suite of integrated,
Berlin-based insurtech firm simplesurance has raised an addition USD11.5 million taking total investment in the firm to date to USD60 million.
Investors in this latest fundraising round include the multinational insurance company TMHD and the Franco-German financial group ODDO BHF.
TMHD who is a multinational insurance holding company and the largest insurance group in Japan will support simplesurance’s market entry into Japan. The Asian expansion is also planned.
“We are confident that through our collaboration with simplesurance, a world leading insurtech company that provides an insurance platform utilising innovative technology, we will be able to bring innovation to
International law firm CMS has advised FTSE 250 listed infrastructure fund John Laing Infrastructure Fund Limited (JLIF) on its GBP1.45 billion takeover by Jura Acquisitions Limited (Jura), a company owned by a consortium led by Dalmore Capital Limited and Equitix Investment Management Limited.
The transaction was governed by the UK Takeover Code and effected by way of a court approved scheme of arrangement.
JLIF is one of Europe’s largest listed infrastructure funds, with 65 high-quality, low-risk, predominately operational projects across the UK, Europe and North America. CMS has advised JLIF since 2011 and most recently acted on the acquisition
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
