Allocations
BondMason’s latest investment fundraising round raised GBP1.85 million, to drive the growth of the business and fulfil the company’s vision to enable more investors to access returns from direct lending.
The direct lending market in the UK is continuing to come of age, offering investors the potential to deliver attractive risk-adjusted returns with lower volatility compared to equity capital markets. This was marked by another record year of growth for direct lending in 2017.
Recognising this, the team at BondMason took the decision to raise another round of investment funding to fuel the continued expansion of the business.
Alter Domus, a fund and corporate services provider is now able to offer third party Alternative Investment Fund Manager (AIFM) services following its acquisition of Luxembourg Fund Partners, a Super Manco with Chapter 15 (UCITS) and AIFM authorisations.
Founded in 2009, Luxembourg Fund Partners was one of the first Luxembourg-based independent management companies to comply with the Alternative Investment Fund Managers’ Directive (AIFMD).
Following the acquisition, the company has changed its name to Alter Domus Management Company SA, a wholly owned subsidiary of Alter Domus, providing solutions for international fund managers seeking UCITS or AIFM services in an open
PineBridge Investments, has closed its latest secondary fund, PineBridge Secondary Partners IV (PSP IV), with total capital commitments of USD568 million, above an initial target of USD500 million.
PSP IV attracted a global investor base, represented by a wide range of limited partners from the Americas, Asia, Europe and the Middle East, including pension plans, insurers, family offices, and financial services organisations. The fund has a focus on small to mid-sized, globally diversified transactions, both in the developed and emerging markets.
“We would like to thank our long-term investors for their ongoing support and welcome our new investors to
Palamon Capital Partners is to sell OberScharrer Group to Nordic Capital Fund IX (Nordic Capital). The sale, which is subject to regulatory approvals, will generate investment returns of 3.6x invested capital for Palamon. The full terms of the transaction have not been disclosed.
OberScharrer is the largest ophthalmology group in Germany, delivering more than 85,000 treatments per year through its circa 80 clinics. Key group services include cataract operations, innovative treatments such as Intravitreal Operative Drug Application (IVOM) for degenerative eye disorders, as well as non-invasive eye treatments and the diagnosis of eye disorders.
Palamon acquired a substantial majority stake in
NVM Private Equity (NVM) has led a GBP5 million growth capital minority investment in Manchester-based CurrentBody, an online retailer for home-use beauty devices.
Having achieved exceptional sales growth in the last year, the investment will help support its next phase of expansion, allowing the company to accelerate its strategic initiatives and support working capital requirements.
Co-Founded by Laurence Newman and Andrew Showman, CurrentBody is the only website specialising in beauty devices for home use. Recently named number 22 in the Northern Tech 100 – a rank of the top 100 fastest growing tech companies in the North – this growth
Natixis Partners will acquire a minority stake in Clipperton strengthening its service offering to its industrial and private equity clients in order to assist them in their tech developments.
In addition to its own European offices in Paris, Berlin and London, Clipperton will now benefit from a leading platform in the rest of the world, particularly in the United States (with PJ Solomon) and in Asia (with Vermilion Partners).
Thanks to this new alliance, Clipperton continues to scale quickly and reinforces its status as the reference European M&A boutique focused on technology.
With Natixis Partners as a new
King & Spalding has advised BlueLinx Corporation, a subsidiary of BlueLinx Holdings, on the acquisition of all of the issued and outstanding capital stock of Cedar Creek Holdings, a portfolio company of the private equity firm Charlesbank Capital Partners.
The merger agreement provides for an aggregate purchase price of USD413 million on a debt-free, cash-free basis. The merger consideration will consist of approximately USD345 million in cash for payments to the equity holders of Cedar Creek and other closing payments, and approximately USD68 million as the agreed value of capital leases. The transaction was structured as a reverse triangular merger
Burford Capital Limited, a finance and investment management firm focused on law, is to sell its entire investment USD12.8m investment in Teinver for USD107 million in cash, representing an investment gain of USD94.2 million and a return on invested capital of 736 per cent.
Burford’s stake in Teinver stems from an investment in an arbitration matter arising out of the expropriation of two Argentine airlines by Argentina’s government. In July 2017, the arbitration tribunal rendered an award in favour of the claimants; that award entitled Burford to receive more than USD100 million under its funding agreement.
Burford says the
Macquarie Investment Management, the investment management division of Macquarie Group, is to acquire Luxembourg-based ValueInvest Asset Management SA (ValueInvest).
ValueInvest is a specialised asset management business which pursues a unique value-oriented investment strategy across global and Japanese equities. The business is based in the Grand Duchy of Luxembourg and has approximately EUR4 billion in assets under management as at 31 December 2017. The deal is expected to close in mid-2018. Terms have not been disclosed.
Ben Bruck, global head of Macquarie Investment Management, says: “Investors today need skilled active managers across a diverse range of asset classes. Part of
UK meal-kit company, Gousto, has raised a further GBP28.5 million in additional equity funding from new and existing investors Hargreave Hale, Angel CoFund, MMC Ventures, and BGF Ventures, bringing the total amount raised to GBP56.5 million.
The investment shows enormous progress for the company, a first-mover in the highly competitive and fast-growing meal-kit industry, which is predicted to generate USD10 billion globally by 2020 and is already worth an estimated USD3.5 billion in the US.
Founded in 2012, Gousto has seen revenues rocket by nearly 100 per cent in 2017, with the company currently delivering over one million meals monthly.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
