Allocations
Longford Capital Management, LP, a leader in the commercial litigation finance industry, has held the final closing of Longford Capital Fund II,, a USD500 million fund focused on investments in commercial litigation finance, making it the largest private equity fund of its kind in North America.
“Our focus is on performance for our clients and investors, and our team of professionals has been assembled to accomplish that objective.”
Fund II, the firm’s second private investment fund closed since 2014, will invest in the outcomes of commercial legal claims it believes to be highly meritorious and have a strong likelihood
Northrop Grumman Corporation is to acquire Orbital ATK for approximately USD7.8 billion in cash, plus the assumption of USD1.4 billion in net debt.
Orbital ATK shareholders will receive all-cash consideration of USD134.50 per share. The agreement has been approved unanimously by the Boards of Directors of both companies. The transaction is expected to close in the first half of 2018 and is subject to customary closing conditions, including regulatory and Orbital ATK shareholder approval.
“The acquisition of Orbital ATK is an exciting strategic step as we continue to invest for profitable growth. Through our combination, customers will benefit from
Montse Suarez and Anna Sweeting have launched Vaultier7 (V7), the UK’s first female-led specialist investment fund dedicated to partnering high growth category creators and disruptors in the converging sectors of Beauty & Personal Care, Health & Wellness and Lifestyle.
V7 is backed by investors including the Puig family, owners of the eponymous fashion and fragrance powerhouse, and is aiming to meet the growth capital requirements of a new wave of challenger brands in its target sectors. V7 believes that the pace of innovation amongst early-stage branded consumer companies has not yet been matched by the necessary levels of growth capital,
Volo Commerce, a provider of multichannel e-commerce technology, has raised GBP6.2 million in new investment led by NVM Private Equity with participation from funds managed by Downing LLP.
Volo will primarily use this new funding to expand its business into North America and across other international sales channels.
Volo Commerce enables brands and retailers to maximise the opportunity of multichannel commerce.
By deploying Volo’s software platform, customers are able to efficiently and rapidly grow their e-commerce business by accessing leading marketplaces such as Amazon, eBay and Walmart, and automating all aspects of the selling process. In addition, the
Law firm Howard Kennedy has advised new client Arthur Online Limited, a property management software firm, on its first round of external funding, which raised over GBP1 million via equity subscriptions.
Founded and developed by property managers for property managers, Arthur (www.arthuronline.co.uk) provides a ‘one-stop-shop’, cloud-based, end-to-end property management solution which simplifies the process of property management by allowing a group of interconnected stakeholders to connect and share through a platform from anywhere in the world. Arthur was established in 2014 and has experienced huge success in the UK and internationally. It is currently used to manage over 50,000 units
A majority of the UK private equity and real estate industry believes that a ‘soft’ Brexit will help fundraising. Similarly in the US, political instability is having a negligible effect on US mangers’ ability to raise funds from investors, according to research from Augentius, one of the world’s largest independent private equity and real estate fund administrators.
The findings come from Augentius’ 2017 summer survey, and form part of a snapshot of sentiment across the global private equity and real estate industry, based on a survey of 100-plus investors and managers. The full report can be downloaded here
The findings
AMP Capital’s Diversified Infrastructure Trust (ADIT) has, for the second year in a row, topped GRESB Infrastructure’s rankings as the best infrastructure fund globally for its environmental, social and governance (ESG) performance.
AMP Capital’s Global Infrastructure Fund and Irish Infrastructure Fund (which it manages alongside Irish Life Investment Managers) were also ranked third and second, respectively, when compared to their peer group.
GRESB assesses the ESG performance of real assets around the world. GRESB’s 2017 infrastructure report included submissions from 64 funds and 160 infrastructure assets worldwide. The scores are a combination of fund and underlying asset ESG performance.
Costello has secured USD1 million in funding led by Dundee Venture Capital with participation from Elevate Ventures, M25 Group, and Service Provider Capital.
Costello’s sales deal management platform helps sales reps consistently follow sales methodology, gives managers visibility into the quality of every deal and shows sales leaders what’s working and what’s not.
Costello connects sales team members to close deals faster, reduce administrative tasks, and gain valuable insights.
“We worked collaboratively with over 50 sales leaders and professionals to solve the most important challenge faced by sales reps and leaders – execution,” said Costello Founder Frank Dale.
Palmarium, through its subsidiary VIEO, has acquired Lebara Group and the Lebara Trademark Companies.
Since its inception in 2001, Lebara is recognised as one of the fastest growing pan-European mobile companies and aims to offer inclusive and accessible products and services.
Through its 275 thousand outlets, Lebara has a unique reach to its growing customer base of over 3.5 million. Lebara’s culture is driven by innovation and business successes and has a diverse workforce and best-in-class customer service with numerous industry awards.
Palmarium gives Lebara strong backing and expertise to grow and drive the digitalisation of the business.
Costanoa Ventures, a boutique venture capital firm focused on early-stage enterprise technology startups, has closed its third fund capped at USD175 million to sustain a focus on early stage company formation to Series A.
This brings the total capital under management in excess of USD500 million and comes as the firm celebrates its fifth anniversary.
“We appreciate the support from our community for our strategy to focus on high conviction, early stage investments, and help founding teams build solid foundations for efficient growth. We’re also thrilled to welcome some wonderful new LPs for Fund III,” says Greg Sands, Founder
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
