Allocations
Bridges Fund Management (Bridges), a specialist sustainable and impact investor, has completed a second fundraise for Bridges Evergreen Holdings (Evergreen), its permanent capital vehicle, hitting its GBP50 million target three months ahead of schedule.
Evergreen is a new kind of investment vehicle, designed specifically to be a long-term partner for ambitious mission-led organisations. By providing a permanent source of capital, as well as hands-on strategic and operational support, Evergreen supports the growth of these organisations and enables them to increase their impact over a longer time-frame – helping to tackle entrenched social challenges at scale. It launched in December 2016,
The partners of Ironwood Capital have successfully completed a USD400 million capital raise for Ironwood Mezzanine Fund IV LP and its affiliated funds (IMF IV), with commitments from over 40 domestic insurance companies, banks and pension funds.
This new fund will enable Ironwood to continue investing both subordinated debt and equity in buyouts, growth investments, full and partial recapitalisations, generational transitions and other transactions in support of business owners and sponsors.
“This was the largest raise in our history and it came together through the combined efforts of our ad hoc internal fund raising team and the support of
Noerr has advised the Schwarz Group on the takeover of the Tönsmeier group of companies. The Schwarz Group, Europe’s largest retail company, is implementing the purchase through its affiliate GreenCycle, located in Neckarsulm, Germany.
GreenCycle is taking over the fifth largest player on the German waste disposal market. Tönsmeier is based in Porta Westfalica, Germany, and is also active on the Polish and Dutch markets. It achieved sales of around €500 million with a workforce of more than 3,000 last year. GreenCycle organises the collection and recycling of all recyclable materials for the Schwarz Group generated in the stores and
MediaMath, a specialist in programmatic advertising, has secured USD225 million in new financing, in a funding round led by Searchlight Capital Partners (Searchlight).
The funding provides MediaMath with strategic growth capital to accelerate the expansion of its Demand Side Platform (DSP) and Data Management Platform (DMP). The funding, which will be delivered in two tranches to pursue both organic and inorganic growth initiatives, brings MediaMath’s total capital invested to over USD500 million.
“The marketing industry has reached a tipping point, with more than half of consumer time now spent on digitally connected devices, yet the challenges associated with connecting marketers
Private equity firm TA Associates is to invest in Compusoft, a provider of computer-aided design (CAD) software to the kitchen and bathroom retail industries. The investment is expected to close in the third quarter of 2018. Financial terms of the transaction have not been disclosed.
Compusoft’s main products, Winner Design and Innoplus, provide design and sales support to kitchen and bathroom retailers, respectively. The user-friendly CAD systems include proprietary databases of graphic elements, pricing information and language translations from more than 2,800 digital manufacturer catalogues. They also feature fully-integrated graphics displayed in real‐time 3D. Additional Compusoft products allow individuals to
Unicorn Capital Partners (Unicorn), a venture capital fund-of-funds manager focused on China and other key technology markets in Asia, has closed Unicorn Partners Fund II at its hard cap of USD250 million.
In line with its two predecessor funds, the Fund will partner with venture capital managers who invest in the areas of technology, media and entertainment (TME), and healthcare throughout China.
Unicorn received strong support from its existing investor base while also adding a number of new investors including leading endowments, foundations, sovereign wealth funds, family offices, and successful technology entrepreneurs.
“We are pleased to announce the
MTech Capital has held the initial closing of the firm’s InsureTech venture fund with USD75 million of capital commitments from three anchor investors including CNA Financial Corporation, NN Group, and a top-3 global insurance company.
MTech Capital is a venture capital firm with offices in Los Angeles and London, founded by Kevin McLoughlin and Brian McLoughlin. The firm is focused on technology-enabled investment opportunities with potential to transform the insurance industry.
MTech Capital’s founders believe the insurance industry is at the very beginning of a digital transformation and that it will be comprehensive. It will likely entail technology redefining
Chicago-based private equity firm Core Industrial Partners’ portfolio company Prototek Sheetmetal Fabrication has acquired Hayes manufacturing Services.
Financial terms of the transaction have not been disclosed.
Headquartered in Silicon Valley, Hayes offers rapid prototyping and low-volume precision machining services for a blue-chip customer base primarily in the medical, aerospace, robotics and electronics end markets. Founded in 1991, Hayes has nearly three decades of experience working closely with customers to manufacture products meeting the most stringent dimensional and aesthetic requirements, including tolerances as tight as one ten-thousands of an inch. Hayes holds a variety of certifications and compliance designations, including
The London office of international law firm Winston & Strawn represented Mind Gym PLC on its GBP145 million listing on the AIM market of the London Stock Exchange.
The transaction involved a GBP50 million vendor placing by founders and employees and on admission to trading, Mind Gym had a market capitalisation of over GBP145 million.
The placing was oversubscribed and on close of business after the first day of trading the company’s share price had increased by 25 per cent. Liberum Capital Limited acted as nominated adviser, sole bookrunner, and sole broker on the deal.
Mind Gym is
Gide has advised Chalco Hong Kong Limited (Chalco HK) on the negotiation and signing of a mining convention with the Republic of Guinea for the development of the Boffa Nord and Boffa Sud bauxite mining blocks.
The project has an initial investment valued at approximately USD706 million.
Chalco HK, part of the state-owned group Aluminum Corporation of China (Chinalco), will develop and exploit the mine, which will have an initial production capacity of 12 million tons per year, through its Guinean project companies.
The first phase also includes the construction and operation of related infrastructure, including onshore, fluvial and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
