Allocations
M33 Growth, a venture and growth stage investment manager that partners with founders and CEOs and seeks to rapidly scale and build companies, held its first and final closing today for its debut fund, M33 Growth I with USD180 million in limited partner commitments.
The M33 Growth founders are excited to apply their experience and deep networks to fuel the sales and marketing engines of its portfolio companies, and will seek to drive acquisitions and build value through data assets to propel portfolio companies to success in their respective markets.
“M33 Growth was born out of the idea that
Redpoint Capital Group (Redpoint), an alternative investment company focused on providing financing across an array of asset-based strategies, has entered into two additional Credit Agreements with two separate wholly owned subsidiaries of Elevate Credit.
Rise Credit Service of Ohio entered into a Credit Services Agreement with Redpoint Asset Funding Ohio (Redpoint Ohio) whereby Rise Credit Service acts as a credit service organisation on behalf of consumers for certain loans originated, funded and collected by Redpoint Ohio.
Furthermore, Rise Credit Services of Texas, a wholly owned subsidiary of the Company, entered into a Credit Services Agreement with Redpoint Capital Asset
Granite Shore Power, a newly-formed joint venture between Atlas Holdings and Castleton Commodities International (CCI), has submitted the winning bid of USD175 million to acquire select generating assets of Eversource Energy.
These assets total 1,130MW of capacity and include the Newington, Merrimack, Schiller, Lost Nation and White Lake power generation facilities. PSNH is a public-investor owned utility. Its portfolio of generation assets is being divested pursuant to a process governed by a 2016 Order of the New Hampshire Public Utility Commission.
Atlas owns and operates co-generation units at several of our industrial operations as well as Greenidge Generation, a
International law firm Proskauer represented Acorn OakNorth Holdings Limited in its latest investment round in which it secured a GBP154 million investment from affiliates of The Clermont Group, Toscafund and Coltrane Asset Management.
Launched in September 2015, OakNorth is a UK bank providing fast, flexible and accessible debt finance (GBP500,000 to GBP20 million) to UK businesses, helping to create thousands of new jobs and homes in the country. In 25 months, it has grown its loan book to over GBP800 million with clients including LEON, Galliard Homes, Frogmore, Brasserie Blanc, Strawberry Star and The Collective. Its loans have directly helped
InflaRx, a biopharmaceutical company developing new therapeutics in the terminal complement space, has closed a USD55 million Series D financing and investment round.
The round was co-led by Bain Capital Life Sciences LP, Cormorant Asset Management LLC and RA Capital Management LLC, and complemented by certain investment funds managed by a leading US investment management firm. The transaction is comprised of a USD30 million capital increase and a USD25 million secondary share purchase. Proceeds from the capital increase will be used to advance clinical phase IIb development of InflaRx’s lead drug candidate IFX-1, a first-in-class anti-human complement factor C5a monoclonal
Turenne Capital has acquired a 20 per cent interest in Innovacom, a longstanding European venture capital player focused on innovation, with an eye to developing a partnership.
Amid the dynamic of consolidation in the private equity market, Turenne Capital, with EUR730 million in assets under management, aims to become a concentration hub in France and to reach critical mass of EUR1 billion in AuM in the coming months.
Since 1988, Innovacom has specialised in innovation capital and seed capital transactions, offering start-ups support from early to late stages. Innovacom has nearly EUR200 million under management and aims to raise
HGGC and Court Square Capital (Court Square) are to merge Court Square-owned Research Now, a specialist in market research data, with Survey Sampling International (SSI), an HGGC-owned provider of data solutions and technology for consumer and business-to-business research.
The combined company will continue to be owned by HGGC and Court Square with management having a significant stake in the business. Terms of the private transaction have not been disclosed.
The combined capabilities of Research Now and SSI–including first-party data, technology platforms, and partnerships with major brands, publishers and ad tech providers–will position the integrated organisation to expand the core
Shell, one of the world’s largest energy providers, has signed an agreement to buy NewMotion in a deal that will enable both companies to accelerate the transition to low-carbon transport.
Drake Star Partners acted as the exclusive financial advisor to NewMotion’s shareholders in this transaction.
Under the terms of the deal, NewMotion will remain focused on accelerating its mission in Europe by delivering more innovative smart-charging solutions to homes, businesses and public parking spaces. The acquisition will help NewMotion enhance its electric vehicle (EV) charging services turning more parking spaces into charging stations as well as improving users’ charging
French private equity participants raised global assets of EUR8.1 billion in H1 2017, up 30 per cent year-on-year, according to figures released by The French private equity association – Association Française des Investisseurs pour la Croissance (AFIC), and Grant Thornton.
These funds will be largely invested over the next five years to fund the transformation of French and European companies.
A significant rise is noted in venture capital (x3.4 / H1 2016) and growth capital (x2.2 / H1 2016) investment intentions.
Funds raised from French investors increased over the period to EUR5.4 billion from EUR3.2 billion in H1
Global law firm Ropes & Gray has advised Bridgepoint Development Capital – another new client for the firm – on its sale of Inspired Thinking Group (ITG), a UK-headquartered technology-led provider of outsourced marketing services, to Equistone Partners Europe.
ITG helps global brands and retailers, such as Heineken, Audi and Puma, to deliver their multi-channel marketing more efficiently and effectively, utilising its proprietary software platform, “MediaCentre”. The financial terms of the deal, which was announced on 10 October, have not been disclosed.
The Ropes & Gray team was led by London-based private equity partner Helen Croke. Other members of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
