Allocations
Warburg Pincus has successfully closed the Warburg Pincus Financial Sector fund with USD2.3 billion in capital commitments.
The Fund, which launched in June 2017 with a target of USD1.6 billion, is a companion fund to Warburg Pincus XII, LP, a USD13.4 billion private equity Fund that closed in late 2015.
The Warburg Pincus Financial Sector Fund will invest in financial services opportunities sourced through the firm’s global investment platform, seeking to partner with entrepreneurs and management teams to build companies of sustainable value.
Warburg Pincus is one of the first private equity firms to invest in financial services,
AMP Capital’s Infrastructure Debt team has closed a EUR245 million mezzanine debt investment with France-based renewable energy provider Neoen.
Neoen is headquartered in Paris and active across the renewables space including solar and wind, and currently operates in ten countries including France, Australia, Mexico and Argentina. It is the largest independent producer of renewable energy in France, and the third largest overall energy provider in the country.
The mezzanine financing was closed in three cross-collateralised currency tranches (EUR, USD and AUD) on 14 December 2017, and has been validated as a Green Bond following ESG (Environmental, Social and Governance) due diligence by Vigeo,
Old Mutual Wealth has agreed to sell its Single Strategy asset management business (Single Strategy business) to the existing Single Strategy Management team and funds managed by TA Associates, for GBP600 million.
The deal will see TA Associates pay GBP570 million payable on or before completion, with approximately GBP30 million anticipated to be payable primarily between 2019 to 2021 as surplus capital associated with the separation from Old Mutual Wealth is released in the business. This deferred consideration is not subject to performance conditions.
Once the transaction completes, economic ownership of the Single Strategy business will pass to the
The AES Corporation (AES) is to sell its entire 51 per cent equity interest in Masin-AES Pte Ltd, a subsidiary of AES that owns AES’ business interests in the Philippines, to SMC Global Power Holdings Corp (SMC Global Power) for USD1.05 billion in proceeds to AES.
The sale includes AES’ 51 per cent equity interest in the 630 MW Masinloc coal-fired power plant in operation, the 335 MW Masinloc 2 coal-fired power plant under construction and the 10 MW Masinloc energy storage project in operation.
“We are very proud of our operational and commercial success in the Philippines, enabling
Mid-market private equity firm Graphite Capital has sold its investment in Corbin & King, a London-based restaurant group.
The sale forms part of a wider transaction in which Minor Hotels, one of the largest hospitality and leisure groups in the Asia-Pacific region, took a majority interest in the group. Minor is best known as the operator of Anantara hotels.
In 2012 Graphite provided development finance to fund the company’s expansion. At the time Corbin & King operated two restaurants: the Wolseley which had been open since 2003 and the recently opened Delaunay. Both have continued to grow strongly. Subsequently
Palatine Private Equity has invested in ZyroFisher, a cycling parts and accessories distributor, alongside mid-market private equity investor LDC.
ZyroFisher was originally formed in April 2016, when LDC backed the management buyout of Zyro and supported the simultaneous acquisition of Fisher Outdoor Leisure. Based in Darlington, the business supplies major retailers such as Wiggle, Halfords and Evans as well as over 2,000 independents, providing a route to market for dozens of specialist brands with best in class sales, marketing, distribution and customer services support.
Over the past 18 months, the team has successfully integrated the two separate companies and
alphabroder, a North American distributor of imprintable sportswear and accessories and portfolio company of Littlejohn & Co, has closed its acquisition of Prime Line, a manufacturer and supplier of promotional products for more than three decades.
Since its founding in 1980, Prime Line has introduced many innovative products and services and today offers more than 1700 products across 16 categories. It features exclusive brands such as MopToppers, Leeman New York, Rubik’s® and BUILT as well as numerous product collections. In 2016, it acquired Jetline, which was rebranded as Prime Line’s value line. Source Abroad by Prime is the company’s custom
Private equity firm Sentinel Capital Partners has acquired Captain D’s, the franchisor and operator of 530 Captain D’s restaurants in 21 US states. Terms of the transaction have not been disclosed.
The Captain D’s system consists of 227 franchised and 303 company-owned locations with established strongholds in the American Southeast and Midwest. Captain D’s is the nation’s leading restaurant operator in the underpenetrated quick service restaurant (“QSR”) seafood sector. With Captain D’s seafood menu based on ocean-caught fish and a beach-themed dining format, it is uniquely positioned in the QSR market, a sub category that has outgrown the broader restaurant
Unilever has received a binding offer from KKR to purchase its global Spreads business for EUR6.825 billion on a cash-free, debt-free basis.
Paul Polman, CEO of Unilever, says: “In April of this year we set out our 2020 programme to accelerate sustainable value creation. After a long history in Unilever we decided that the future of the Spreads business would lie outside the Group. The announcement today marks a further step in reshaping and sharpening our portfolio for long term growth. The consideration recognises the market leading brands and the improved momentum we have achieved. I am confident that under
Egeria has held the first and final closing of the Egeria Private Equity Fund V, having raised EUR800 million in capital commitments in a record time of just six weeks.
The fund is the largest private equity fund in Egeria’s twenty-year history.
The capital for Private Equity Fund V has been raised from predominantly fifteen institutional investors and fund-of-fund-managers Western Europe and North America. Business Development & Investor Relations Director Barbara Glaser says: “Both existing and new investors showed great interest in this fund. This is a confirmation of their trust in Egeria and in our approach to focus
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
