Allocations
United Ventures SGR, an independent Italian Venture Capital manager, has launched its second fund, UV2, having held its first closing at EUR75 million, higher than the total capitalisation of the firm’s first fund launched in 2013.
“UV2” aims to raise up to Euro 120 million during 2018 and its Anchor Investors will include leading institutional investors such as Fondo Italiano d’Investimento, the European Investment Fund, Banca Mediolanum, Banca Sella Holding and Fondazione di Sardegna.
United Ventures, founded in 2013 by Massimiliano Magrini and Paolo Gesess, invested over Euro 50 million with its first fund “UV1”, over five years in
Elsen, a Platform-as-a-Service company for large financial institutions, has raised USD2.4 million in a seed extension round led by Hyperplane Venture Capital with participation from Accomplice, Launch Capital and hand-picked angel investors from the startup and financial community.
As part of the investment, Hyperplane managing partner, Jack Klinck (pictured), who previously spent nearly two decades in executive roles at State Street and BNY Mellon, will join the company’s board of directors as Chairman.
This investment brings Elsen’s total funding to USD2.9 million since the company’s inception in 2014. The funds will be used to bolster sales and marketing, expand Elsen’s engineering team, extend support
Foresight Group has launched the FP Foresight UK Infrastructure Income Fund, an FCA-approved, actively managed fund that will invest in UK listed renewable energy and infrastructure fund/investment company equities and bonds.
It will target an annual income of 5 per cent per annum with dividends paid quarterly.
Available on a variety of platforms and wraps, the Fund has a minimum investment of GBP1,000, or GBP100 per month for regular savings, and comprises one share class for both retail and institutional investors with the option for either income or accumulation.
The Fund’s model portfolio delivers higher returns and lower
EnCap Investments, a provider of capital to the independent sector of the US oil and gas industry with offices in Houston and Dallas, has closed EnCap Energy Capital Fund XI with capital commitments of USD7.0 billion, exceeding its target.
Fund XI provides growth capital to proven management teams focused on the upstream sector of the oil and gas industry in North America.
EnCap is led by seven managing partners including founders David B Miller, Gary R Petersen, D Martin Phillips and Robert L Zorich, as well as Jason M DeLorenzo, E Murphy Markham IV and Douglas E Swanson, Jr.
Agilitas, a pan-European private equity firm, has completed the buyout of Danoffice IT, a global value-added reseller of Information Technology and Information Systems to international organisations and businesses operating worldwide. Consideration on the transaction is not being disclosed.
Danoffice IT is headquartered in Svendborg, Denmark, with offices in several locations across the globe, providing high-value support to a wide range of international clients with significant cross-border operations and exposure to developing countries. Danoffice IT offers a one-stop-shopping platform with an array of products, services and logistical solutions, backed by professional and certified personnel ready to assist its client’s headquarters or
Align Capital Partners (ACP) has acquired workplace safety and training company Lewellyn Technology from Evolution Capital Partners (Evolution).
This is ACP ’s first platform investment from the business-to-business training and certification thesis ACP launched earlier this year.
Lewellyn is a market leader providing critical, high impact electrical safety training and inspection services such as Arc Flash, Combustible Dust and Lockout/Tagout risk assessments. Headquartered in Indianapolis, Indiana, the Company provides onsite training, hazard assessments, and mitigation for Fortune 1000 companies nationwide through its highly skilled in-house network of engineers and technicians.
“We are excited to partner with Mike Vea
Blue Water Energy has held the final closing of Blue Water Energy Fund II (BWE Fund II), with total commitments over USD1.1 billion, surpassing its target of USD1 billion after securing further commitments from a number of new limited partners.
Blue Water Energy, founded in 2011 by Jerker Johansson, Tom Sikorski and Graeme Sword, closed its inaugural Fund I in May 2013 with USD862 million of commitments and now has a portfolio of eleven companies in this fund. BWE Fund II’s investment strategy will be the same as BWE Fund I; a buy and build strategy focused exclusively on opportunities
Tikehau Capital is to sell its stake in the real-estate promoter Nafilyan & Partners in three stages to the Belgian property developer Immobel.
Tikehau Capital invested a total of approximately EUR8.9 million (including EUR7.7 million in bonds and EUR1.2 million in capital) in Nafilyan & Partners between July 2014 and May 2016 and currently owns a 15 per cent stake in the company before capital increase.
The sale is scheduled to take place in three stages. Following a capital increase by Nafilyan & Partners on 2nd December, Immobel now holds 15 per cent of the company. Immobel will acquire
The days of thinking about single jurisdictions are long gone. When structuring a large private equity fund, for example, it is likely going to contain international investors (the US, Europe, Asia) and is, in effect, a commercial deal between all interested parties to draw down the money. The reality is, different investors have different preferences.
As James Bermingham (pictured), counsel at Ogier (Luxembourg) explains: “Sovereign wealth funds want the most efficient funds possible and are prepared to have no tax leakage. When you start talking to European investors, say German insurance groups who are subject to Solvency II, they want
Chinese business accelerator COMB+ and the Beijing Institute of Collaborative Innovation (BICI) have launched a new Artificial Intelligence Fund with a target size of EUR65 million. The fund will focus on international technology startups entering the Chinese market.
The fund is part of the COMB+ Sino Track accelerator program, which was launched a year ago. Already 19 Nordic startups have participated in the program, which is now expanding globally.
The pitching competition at the event included 10 finalists; the jury selected children’s franchise Dibidogs as the winner, opening a shortcut to the Sino Track program.
“We are very
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
