Allocations
RM Capital, a specialist alternative advisor and asset management business, has advised Gilkes Hydro Investments (GHI), a leading UK hydro asset owner on its 19 year, GBP43.8 million secured loan.
Provided by Aberdeen Standard Investments’ Infrastructure Debt team, the loan will support the refinancing of six operational hydro power assets located in Scotland. The investment includes both an index-linked and conventional tranche. RM Capital, the specialist alternative advisor and asset management business advised GHI on the transaction.
James Satterthwaite, Head of Distribution, RM Capital, says: “We are delighted to have advised-on, structured and placed the Loan Notes and supported
Ropes & Gray has advised Ares Management on the sale of its portfolio company Cordium – a leading provider of governance, risk and compliance services – to ACA Compliance Group, a US-headquartered leading provider of risk management and technology solutions that focus on regulatory compliance, performance, financial crime, and cybersecurity.
Financial terms of the transaction, which is expected to close in the summer, subject to regulatory approvals, have not been disclosed.
The Ropes & Gray team was led by London-based private equity partner Kiran Sharma. Other members of the team included tax partner Brenda Coleman, private equity associates Laura Kayani,
Barclays UK has today established a new unit that will focus on developing new business lines, promoting innovation and driving returns within Barclays UK.
The new unit, Barclays UK Ventures (BUKV), will be led by Ben Davey, formerly Barclays’ Group Head of Strategy, who will also join Barclays UK’s Executive Committee.
Davey’s new team will have the mandate and space to find and develop opportunities both within and outside Barclays that have the capacity to grow Barclays UK. Those opportunities will then be captured through a combination of organic build-out, commercial partnerships and venture investments. Davey and his team
ArchOver, a P2P business lending platform, is now helping businesses to bridge the funding gap that prevents them continuing to grow their operation whilst waiting for their R&D tax claim to be repaid.
ArchOver’s Research & Development Advance (RDA) service is the first provided by a P2P lender funding advances upwards of GBP100,000. This bridging finance enables organisations to use their pending R&D tax credit, based on two years’ successful claims, to raise funds from ArchOver’s community of lenders.
“Investment in research and development is crucial not only to individual businesses, but to the wider economy as well,” says Angus
Unigestion has launched Unigestion Global Choice VII, a global small and mid-market investment programme and a continuation of the ‘Unicapital Global’ and ‘Euro Choice’ series of funds.
Unigestion Global Choice VII is seeking EUR300 million to build a portfolio of around 30 specialist buyout, growth capital and selectively special situations funds in Europe, North America and Asia-Pacific.
In line with Unigestion’s conviction-driven investment style, the private equity team will continue to seek areas of growth, spot attractive investment themes and focus exclusively on managers with proven industrial and strategic transformation skills. Several fund investments have already been pre-selected for
Onex Corporation (Onex) is to acquire a stake in PowerSchool Group (PowerSchool) from Vista, which will also invest new capital in the business.
PowerSchool is an education technology platform for K-12 schools. Concurrent with the Onex/Vista transaction, PowerSchool will acquire PeopleAdmin, an industry-leading provider of cloud-based talent management solutions for the education sector, creating K-12 education’s most comprehensive and integrated suite of products. The transactions are expected to close in the second half of 2018 subject to customary conditions and regulatory approvals.
PowerSchool provides best-in-class, secure and compliant online education solutions, which include the industry’s leading student information system, the
Beringea has advised and arranged debt funding worth up to GBP2 million to Edesix Ltd, a manufacturer of Body Worn Camera solutions.
The Edinburgh-based company will use the funding, provided through Beringea’s ProVen Legacy debt vehicle, to support the expansion of its sales operations as it targets growth in the US market.
Edesix’s VideoBadge wearable camera system enables users across a wide range of industries – from law enforcement and security to healthcare, retail, and public transport – to record high-quality video and encrypted footage. The company’s VideoManager software facilitates efficient and secure monitoring and control of cameras, as
Inflexion Private Equity has completed a minority investment in Huws Gray Limited (Huws Gray), one of the largest independent builders’ merchants in the UK.
Huws Gray, founded in 1990 on Anglesey, Wales, with one location, now operates from 57 trading locations with almost 800 staff. Over recent years, the company has achieved strong growth organically and through acquisitions.
Huws Gray will continue to be majority owned and led by the existing management team headed by John Llewelyn Jones and Terry Owen. The company is well placed to benefit from the consolidation of the builders’ merchants market and to expand
Renaissance Venture Capital Fund, Michigan’s venture capital fund-of-funds, has successfully attracted more than USD1.3 billion into the state’s startup ecosystem.
Since Renaissance launched in 2008, it has invested in 30 venture capital funds around the United States, with the goal of attracting venture capital from those funds and their network into Michigan startup companies. This work has resulted in more than USD1.3 billion invested in 39 Michigan companies—returning more than USD17 for every USD1 invested by Renaissance. Those companies have expanded Michigan’s workforce with more than 1,300 employees with average salaries exceeding USD75,000.
“Michigan has long had the technology
Semcon has acquired the German product information company HAAS-Publikationen.
HAAS-Publikationen is based in Troisdorf, Dessau and Berlin and has more than 25 years of experience in technical documentation and product information primarily for the German railway industry. Presently, HAAS-Publikationen engages almost 50 employees. Turnover for 2017 totalled close to SEK50 million. The acquisition is expected to have a positive effect on operating margin as well as earnings per share in 2018.
“With the extended knowledge from multiple industries and a solid service offering, from both HAAS-Publikationen and Semcon operations globally, we will become an even stronger partner to both
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
