Allocations
Fried Frank has advised RoundShield Partners (RoundShield) on the successful raising of its third European special opportunities fund.
The fund was almost three times oversubscribed and closed at its hard cap of EUR500 million within three months of launch. RoundShield now advises approximately USD1.4 billion across three funds and several co-investment vehicles. Commitments were made primarily by existing institutional investors from the United States, the UK and Europe.
RoundShield is an independent investment firm focused on European asset-backed special opportunities.
Mark Mifsud, asset management partner at Fried Frank, says: “Fried Frank looks forward to continuing to work with
Dr Mark Mobius, Carlos Hardenberg and Greg Konieczny have launched a new asset management company, Mobius Capital Partners.
Headquartered in London, Mobius Capital Partners will offer a highly specialised active investment approach with an emphasis on improving governance standards in Emerging and Frontier Market corporations, with a measurable impact on social and environmental standards and policies. The firm will be committed to generating long term sustainable returns from portfolio companies that meet the investment criteria.
The firm has been authorised by the UK Financial Conduct Authority and intends to launch a Luxembourg based SICAV open-ended fund, subject to CSSF
Altendorf Group, a portfolio company of Avedon Capital Partners, has closed the acquisition of Maschinenbau Hebrock and ebm Maschinenbau (together Hebrock), providing a succession solution to its founding family.
Hebrock is a leading provider of high-quality edgebanding machines for craft processing of wood panels based in Bünde and Hüllhorst (Germany).
Avedon invested in Altendorf in October 2017 with the goal of forming the global market leader in high-quality machinery for crafts secondary woodworking, by joining tradition-rich niche market leaders in complementary product categories. With the acquisition of Hebrock, Avedon takes a second major step in executing this buy &
Private equity investment in European companies hit a 10-year high in 2017 at EUR71.7 billion, a 29 per cent year-on-year increase, according to new data released today by Invest Europe.
Almost 7,000 companies received investment, of which 87 per cent were small and medium-sized enterprises (SMEs).
Invest Europe’s 2017 European Private Equity Activity report is the industry’s most comprehensive and authoritative source of activity data. It reveals that private equity fundraising reached EUR91.9 billion in 2017, surpassing the previous year by 12 per cent for the highest amount since 2008. European private equity managers put their investment capital to
US power and energy infrastructure manager LS Power Equity Advisors has held the final close of LS Power Equity Partners IV (Fund IV) at USD2.25 billion, exceeding its initial target of USD2 billion.
Evercore Private Funds Group acted as the global placement agent for the fundraise with Magenta Capital Services supporting the effort in the Middle East and Asia. Kirkland & Ellis, LLP served as legal advisor.
Fund IV launched in late September 2017 and held its first close in December 2017 on USD1.5 billion. Fund IV attracted commitments from a globally diverse group of returning and new investors
High Road Capital Partners has sold its portfolio company All Integrated Solutions (AIS) to MSC Industrial Supply Co, marking the sixth exit for the firm’s debut fund, High Road Capital Partners Fund I.
The transaction closed on 30 April, 2018. Purchase price was approximately USD86 million.
Wisconsin-based AIS is a leading independent distributor of industrial OEM fasteners, Class C components and MRO products in the Upper Midwest. High Road acquired AIS, formerly known as Accurate Components and Fasteners, in 2012. Under High Road’s ownership, AIS’s revenue tripled and the company made three acquisitions: All Tool Sales, in 2013; Williams
Gresham House is to acquire the entire issued share capital of FIM Services Limited (FIM), an alternative investment fund manager specialising in UK real assets, specifically sustainable forestry and renewable energy investments, by its wholly-owned subsidiary, Gresham House Holdings Limited (GHH), for a total consideration of up to GBP25.0 million on a cash-free, debt-free basis – subject to certain adjustments.
The acquisition combines two leading firms in UK commercial forestry management and renewables, adding both assets under management (AUM) and in-house investment expertise to Gresham House Forestry and Gresham House New Energy. Upon completion, Gresham House’s AUM will be over
EXL, an operations management and analytics company, is to acquire SCIOInspireHoldings, a West Hartford Connecticut-based healthcare analytics solution and services company (doing business as SCIO Health Analytics).
Rohit Kapoor, EXL Vice Chairman and Chief Executive Officer, says: “The acquisition will strengthen EXL’s capability in the high growth cost optimisation and care optimisation markets. SCIO’s analytical tools and expertise in healthcare claims payment and care optimisation expands EXL’s market-leading advanced analytics and healthcare capabilities. Combining the talented team at SCIO to our team of 2,000+ clinicians and 3,000+ data scientists worldwide significantly increases our ability to scale to meet the needs
KPS Capital Partners (KPS) has created a new company, Autokiniton Global Group (AGG), to pursue investments in the global automotive supply industry. George Thanopoulos, a widely respected industry executive, will serve as AGG’s Chief Executive Officer.
KPS also announced today that AGG is to acquire L&W. Following completion of the transaction, Thanopoulos will become L&W’s Executive Chairman, while Scott Jones will continue to serve as President and lead the company’s management team.
L&W is a leading “Tier 1” supplier in the automotive industry, specialising in hot and cold metal stampings and welded assemblies. The Company is a leader in metal-formed components
Kuber Ventures, a fund investment platform offering simplified access to EIS/SEIS portfolios and funds has added three new high growth funds to its platform.
The addition of the growth funds follows last year’s budget announcement which doubled the investment limit. It also saw the rules tightened to prevent investment in low-risk companies, rather than the innovative, high growth companies the scheme was designed for.
Kuber and several of the platform’s leading fund managers recognise that between now and July is an ideal time for advisers to act. This is because there are a higher percentage of quality propositions
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
