Allocations
The launch of a multi-million pound investment fund has been hailed as a significant milestone for Guernsey’s economy; signalling that the island is very much open for business.
As seed investor in the Guernsey Investment Fund, to the tune of GBP25 million, the States of Guernsey has shown its commitment to supporting and facilitating innovation, while also displaying high levels of confidence in the island’s economic outlook.
The Fund has dual objectives: to generate profits for investors; and to invest in projects and companies with a Bailiwick focus.
The Policy & Resources Committee, which has delegated authority over
Private equity firm Horizon Capital has backed the initial public offering (IPO) of Purcari Wineries (Purcari) which is now trading on the Bucharest Stock Exchange under the ticker WINE.
The offering was well received, with retail investors oversubscribing more than four times over, despite heavy turbulence on global markets as the Dow recorded its two largest point-drops on record. As a result of this successful public launch, Horizon Capital, on behalf of its fund EEGF II, has sold a 40.9 per cent stake in Purcari, realising a 3.2 times gross cash-on-cash return on the sale of these shares. Horizon Capital remains an active
Bertram Capital has closed Bertram Growth Capital III with USD500 million of total capital commitments from limited partners.
This is the third fund for Bertram, a middle market private equity firm focused on control transactions that leverage its highly differentiated value creation strategy.
The Fund closed at its target and hard cap, receiving commitments from over 30 top-tier investors, including endowments, insurance companies, multi-manager funds, consultants, public pensions, corporate pensions and family offices.
Like its two preceding funds, Fund III will continue Bertram’s demonstrated model of accelerating growth and driving operational improvements to transform under-optimised businesses into market
Imbiba, a specialist leisure and hospitality investment group, has closed the Imbiba Growth Fund at its hard cap target of GBP50 million.
With an investment of GBP30 million provided by the British Business Bank, the Imbiba Growth Fund will provide growth capital and operational support to young and dynamic UK leisure businesses seeking to scale.
The GBP30m contribution comes from the British Business Bank’s Enterprise Capital Funds (ECF) programme, which combines private and public money to make equity investments in high growth businesses. Since inception, around GBP1.14 billion (including third party investment) has been committed through the programme. The
A growing number of Jersey-registered fund managers are opting to future-proof their strategies and market into Europe through national private placement regimes (NPPRs) under the Alternative Investment Fund Managers Directive (AIFMD), according to the latest figures from Jersey’s regulator, the Jersey Financial Services Commission (JFSC).
As at December 2017, 149 alternative investment fund managers (AIFMs) had been authorised in Jersey to market into Europe through NPPRs, up 17 per cent compared to December 2016, clearly highlighting that the use of private placement continues to work well as a means of marketing funds into the EU.
Over the same period,
Consett-based renewable energy company set for expansion after securing investment from Durham County Council Fund.
The Finance Durham fund, managed by Maven Capital Partners (Maven), has completed a GBP650,000 investment in Consett-based biomass energy plant, SDS Inc Limited (SDS).
SDS generates heat, gas and electricity from wood chippings, producing solid wood fuel briquettes, a cheaper alternative to the traditional seasoned hardwood used for wood burning fires and stoves. The investment will allow SDS to purchase additional machinery to improve efficiency and sell wood briquettes on a commercial scale for use in log burners.
The investment into SDS is
One year after the final close of its first co-investment vehicle, Essling Capital has secured more than EUR115 million for its second co-investment fund, Essling Co-Invest 2 (ECI 2).
ECI 2 distinguishes itself from its competitors: fund life span is significantly reduced to 5 or 6 years, thanks to a shorter investment period (12 months). The fund targets to invest through 4 to 8 minority acquisitions, with broad diversification across sectors and geographies, and with EUR10 million to EUR30 million invested by deal.
Being raised since September, the fund has already deployed circa 40 per cent of its commitments
Activant Capital Group, a global growth stage venture capital firm investing in commerce infrastructure and IoT companies, has held the final closing of its second fund, Activant Ventures II, with USD129 million in committed capital, 70 per cent larger than its first fund.
Ventures II has already made four investments to date, and the Firm will continue to focus on partnering with world-class entrepreneurs and management teams. Activant Capital Group’s 15-year lock-up on their fund allows the firm to be true long-term partners with entrepreneurs and CEOs. The extended lock-up is a unique attribute, and Activant Capital Group is proud
Property Innovation Labs (Pi Labs), a property tech venture capital firm, has secured a strategic equity investment to accelerate its global growth, led by Värde Partners.
The new capital injection will be used to scale the business as part of Pi Labs’ aim to create a globally diversified portfolio. London-based Pi Labs, which separately closed its second fund of USD10 million in June 2017, will continue to bolster its investment capabilities with larger funds going forward. The VC firm also continues to explore expanding internationally over the next 18 months.
This investment gives Värde, along with the other participants in the
Artemid, the joint venture between Capzanine and Amiral Gestion, specialised in Small and Mid-Cap Financing, has successfully closed its second senior loan fund (Artemid Senior Loan II).
Supported by its fifteen initial institutional investors, alongside new investors, ASL II reached EUR413 million, well above its target.
As a reminder, Artemid also manages a dedicated EUR70 million mandate on behalf of an insurer. Since its inception in 2014, Artemid has raised EUR750 million.
“Relying on the success of the first fund (ASL I) and on its dynamic deployment over two years, we have suggested to our investors to pursue
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
