Allocations
TriState Capital Holdings’ Chartwell Investment Partners business officially closed on the acquisition of approximately USD1.06 billion of client assets under management (AUM) from Columbia Partners.
This combination brings Chartwell’s total AUM to more than USD9 billion. As part of the acquisition, the company acquired institutional client accounts with a mix of high-grade fixed income and large-cap equity assets, which generate annualised revenue of more than USD2 million, as well as a team of three experienced professionals.
“We are pleased to welcome Columbia’s exceptional investment professionals and clients into Chartwell,” says TriState Capital Chief Executive Officer James F Getz. “The
Foresite Capital, a multi-stage healthcare and life sciences investment firm, has closed its fourth and largest fund with USD668 million in capital commitments.
The firm now has USD2 billion in assets under management.
Limited partners in Fund IV include new investors as well as a significant representation of existing investors, including university endowments, pension funds, insurance companies and foundations. Foresite Capital is led by founder and CEO Dr Jim Tananbaum. The firm recently announced expansion of its leadership team, with Dr Vik Bajaj joining managing directors Matt Buten, Dorothy Margolskee, Dennis Ryan, Jim Tananbaum and Brett Zbar.
“At
The Aberdeen Standard Investments infrastructure team has made a second investment in a gas pipeline and processing system, acquiring InfraVia Capital Partners Managed Fund’s 20 per cent interest in Noordgastransport (NGT), the owner of a pipeline and processing plant transporting and treating natural gas that is principally produced from the Dutch Continental Shelf.
The entire NGT system, which is operated by Neptune Energy, incorporates a 178km 36” pipeline constructed in 1975, a 140km 36” pipeline constructed in 1999 and a processing plant located onshore at Uithuizen. The system connects approximately 75 platforms of different operators to the processing facility.
Middle market private equity firm One Equity Partners (OEP) has acquired Gibson Omni Parent, the company that conducts publicly traded midstream energy company Gibson Energy’s US Environmental Services business.
The business will now be known as OMNI Environmental Solutions (OMNI).
Headquartered in Carencro, Louisiana, OMNI is a provider of environmental services focused on energy customers. Key services include water logistics and disposal, solid waste processing, treatment and landfilling, and a variety of other specialty environmental services such as offshore inspection and cleaning.
“Effective environmental management continues to be a focus for the energy industry,” says J B Cherry,
Private equity firm IK Investment Partners’ (IK) IK VIII Fund has entered into exclusive negotiations with Equistone Partners Europe (Equistone), Céréa Partenaire, Azulis Capital and the existing management team to acquire a majority stake in Mademoiselle Desserts.
The management team will reinvest alongside the Fund.
Established in 1984, Mademoiselle Desserts has grown to become the leading manufacturer of premium frozen industrial finished and semi-finished pastry in Europe. Through its manufacturing sites in France, the UK and the Netherlands and highly experienced teams, the Group works closely with its customers to develop bespoke desserts to the highest food standards.
Clearwater International UK has advised Synova Capital and members of the management team of Mandata, the provider of transport management software, on the GBP20 million sale of the business to private equity firm LDC.
Mandata designs and develops software that allows road transport operators to manage workflow and data more effectively. Its transport management system integrates a suite of end-to-end products, including traffic planning and management, tracking, telematics, and invoicing. Used by hauliers across the UK, Mandata helps customers to improve productivity, deliver efficiency savings, and improve real-time visibility of their operations.
Following Synova’s investment in 2013, Mandata has
An affiliate of middle market private equity firm Gemspring Capital has acquired a controlling interest in, and provided additional growth capital to A10 Capital, a provider of middle-market commercial real estate loans.
The investment has been made alongside Schroders, a global asset manager. Existing A10 shareholders, including HIG Capital, and management, will be retaining significant minority equity interests in the Company.
Concurrent with the investment, Schroders and A10 have entered into an agreement through which Schroders will benefit from A10’s extensive origination network and servicing platform to access middle-market CRE loan opportunities for its clients. The agreement also provides
C5 Capital, an investment firm focused on cyber security, cloud computing and artificial intelligence, has made a USD35 million investment in IronNet Cybersecurity.
IronNet, which was founded by US General (Ret) Keith Alexander (CEO) raised USD78 million in total with Silicon Valley venture capital firms ForgePoint Capital (formerly known as Trident Capital Cybersecurity), and Kleiner Perkins also participating in the round.
The new funds will be used to support IronNet’s strategic growth and to continue accelerating the development and adoption of its industry-leading cybersecurity solutions.
Andre Pienaar, Managing Partner and Founder of C5 will join the board of
Buy and build middle market private equity firm Mountaingate Capital (Mountaingate) has made a strategic investment in ImagineSoftware, a revenue cycle management SaaS platform.
Founded in 2000 by CEO Sam Khashman, ImagineSoftware now bills for over 46,000 physicians in Radiology, Anesthesia, Emergency Medicine, Pathology, Oncology, and over 18 other specialties with end-to-end practice and revenue cycle management software solutions. ImagineSoftware is partnering with Mountaingate to accelerate its growth organically as well as through selective strategic acquisitions.
“We are very excited to partner with Sam and Imagine’s deep and passionate leadership team. Imagine is a forward-thinking leader in helping billing
Churchill Asset Management (Churchill), a provider of senior and unitranche debt financing to middle market companies, has closed a USD300 million leveraged loan fund, Churchill Middle Market CLO IV Ltd.
The seven-year Fund is comprised of: a USD200 million AA DBRS-rated senior revolving credit facility; USD55 million of “A”-, “BBB”- and “BB”-rated mezzanine notes; and, USD45 million of un-rated Subordinated notes. Natixis Securities Americas (Natixis) serves as the Fund’s Administrative Agent and Arranger of the transaction.
“We are delighted with the successful closing of this Fund and of continuing Churchill’s long-standing relationship with Natixis, which a decade ago was
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
