Allocations
Abingworth, an international investment group dedicated to life sciences, has held the final closing of its latest fund, Abingworth Bioventures VII (ABV VII) at USD315 million.
ABV VII exceeded its target of USD300 million and is Abingworth’s 12th fund, investing in life sciences companies in Europe and the US. The firm has funds under management of over USD1.2 billion.
The fund invests broadly across all stages of development including early and late-stage venture deals, Clinical Co-development, VIPEs (Venture Investments in Public Equities) and public equities. Investment size per company will typically range from USD15 million to USD30 million.
Waterland Private Equity has acquired a stake in corporate fitness network Hansefit. The company, a B2B platform for fitness services with its headquarters in Bremen, has more than 1,300 corporate customers.
“We are delighted that we will be able to support Hansefit – the market leader in the high-growth segment of company fitness networks – in expanding and rolling out its high-quality services,” says Dr Gregor Hengst, Principal of Waterland Private Equity. The growth investor acquired its shares from Stefan Runge, who is leaving the company.
Hansefit founder, co-owner and CEO Jens Pracht, who developed and established the business
Capitama, a global direct private investment platform for sophisticated and professional investors, has reported that its members have exceeded GBP10 billion in annual investment appetite.
Analysis of the registered investors on Capitama, which includes circa 400 individuals, family offices, PE firms and investment offices, revealed that its members are willing to devote over GBP10 billion annually to private investment opportunities and philanthropy.
Private Equity is the most popular theme amongst the Capitama network, with investors willing to dedicate GBP7.2 billion annually to these opportunities. Registered investors indicated that they would be willing to provide a further GBP2.3 billion for Debt and Income
The management team of investment firm The RockCreek Group (RockCreek) is acquiring the 65 per cent of the firm currently owned by Wells Fargo, bringing management’s total ownership to 100 per cent.
This decision was made by senior management at both RockCreek and Wells Fargo and reflects their shared view that the transaction supports each firm’s strategic direction and the clients of RockCreek will be best served by a founder- and management-team-led ownership structure. The transaction is anticipated to be completed by the end of August.
RockCreek portfolio managers invest directly in emerging and frontier markets and alternatives, while its
Noerr has advised OSRAM on its acquisition of all shares in BAG electronics and the Philippine company BAG electronics Inc. The seller is the Trilux Group from Arnsberg, Germany.
With this acquisition, OSRAM is strengthening its business with electronic components and its expertise in light control. BAG is a specialist in lamp ballasts, LED modules and software for innovative light solutions. In 2017, the company achieved revenues of around EUR50 million. As part of the takeover, 380 employees are moving to OSRAM, of which 40 will be based in Germany.
With this transaction, OSRAM’s Digital Systems (DS) division is
London law firm Wedlake Bell LLP has advised Diversified Gas & Oil (DGO) on its conditional acquisition from EQT Corporation of approximately 11,250 additional producing wells located in the states of Kentucky, West Virginia and Virginia for an agreed consideration of USD575 million, to be satisfied in cash.
The deal will be financed with gross proceeds of a USD250 million placing of new shares on AIM and a new revolving debt facility of up to USD1 billion.
This is the largest acquisition by an Oil & Gas company in the history of the AIM Market and because of its
Fever, a data-led entertainment and experience company, has raised USD20 million in a Series C funding round co-led by Atresmedia and Labtech, with participation from existing investors Accel Partners and 14W Ventures.
Fever says the new funds will help it expand into new markets across Europe and North America and cement its position as the global go-to platform for city-lovers looking to find new experiences.
Fever is an events and experience technology company focused on inspiring users and helping event organisers generate demand. The Fever mobile app and website, together with its Secret Media Network, reaches and inspires over
With a team headed by Frankfurt office partners Till Kosche and Thorsten Reinhard, Noerr has advised the international software manufacturer Micro Focus on the sale of its subsidiary SUSE.
The buyer is the investor EQT Partners, which will be taking over the open source pioneer SUSE for USD2.5 billion via an investment vehicle.
The transaction is still subject to antitrust clearance and further closing conditions. Closing is expected to take place in the first quarter of 2019.
SUSE, which is headquartered in Nuremberg, has been developing Linux and open source solutions for more than 25 years. The software
Two entrepreneurs who are creating a new marketplace for online gamers have secured a GBP200,000 investment from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia Fund Managers and part of the Midlands Engine Investment Fund.
The funding will allow Alex Booth and Nick Gillett to bring their idea to market. Player Lands, which will be based in Nottingham, will allow gamers with no previous experience of e-commerce to open online stores and sell the content they create or find while playing. The system will tap into the growing global market for in-game downloads and
easyCoffee’s plan to roll out 800 vending machines nationally in the next year has been given a boost following a GBP10 million investment by Stellar Asset Management.
The UK’s only value coffee chain – part of the ‘easy’ family of brands that includes easyJet – has enjoyed rapid growth since it launched in 2016 and recently installed its 50th vending machine in the market, matched by serving its millionth cup of coffee in its eight coffee stores.
This substantial capital injection from estate and succession planning specialist Stellar Asset Management more than triples the amount secured in earlier capital
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
