Allocations
Maersk A/S is to sell Maersk Oil to Total for USD 7.45 billion in a combined share and debt transaction. Maersk Oil will become part of a leading global oil and gas operator with a long-term investment interest in the sector.
Total will take over Maersk Oil’s entire organisation, portfolio, obligations and rights with minimal pre-conditions. Planned development schedules and investments in strategic and sanctioned projects will be upheld.
The sale is in line with Maersk’s strategy to separate out its oil and oil related activities to create an integrated transport & logistics company, and this transaction will contribute
AMP Capital has reached final close on the AMP Capital Infrastructure Debt Fund III (IDF III), raising USD2.5 billion for the mezzanine debt strategy, an additional USD800 million in co-investment rights and securing a further USD800 million from investors who want access to its deal capabilities.
IDF III, the third infrastructure debt fund launched by AMP Capital in six years, had a target of USD2 billion. The fundraise is believed to be one of the largest in the world for an infrastructure debt strategy.
More than 125 investors from 12 countries have invested in IDF III, with strong interest from
Glennmont Partners has completed the refinancing of the Sleaford Renewable Energy Plant on behalf of its dedicated clean energy fund, Glennmont Clean Energy Fund Europe I, as part of a programme of realisations of value from the Fund.
Glennmont Partners is one of Europe’s largest fund managers focusing exclusively on investment in clean energy infrastructure. Glennmont raises long-term capital to invest in alternative power generation projects including wind farms, biomass power stations, solar parks and small-scale hydro power plants. The carefully selected, risk managed investments deliver sustained performance and predictable returns over periods of 10 years or more.
Sleaford REP is a
IGF, a commercial finance provider for SMEs, has delivered a GBP200k invoice finance facility for Lincolnshire-based construction and maintenance firm Rubico.
Rubico sought a new finance partner to provide an injection of working capital into the business, and began working with IGF in July 2017. The facility will allow Rubico to win larger contracts across the wider retail sector, particularly within the food and beverage industry, as well as meet its future ambitions to hire more staff and expand outside of its current premises in Stamford.
Rubico began in 2015 after its founder identified a gap in the market
The waterfalls debate among private equity players has always been presented as a choice between two opposing styles. It doesn’t have to be that way, say Gaurav Marwah and Hugh Stacey of Augentius…
At Niagara Falls, a tradition among intrepid daredevils developed in the early 1900s to go over the waterfalls in a wooden barrel. People became celebrities for doing so (and living to tell the tale), and the act has become shorthand for daring escapades that one would be lucky to survive.
While negotiating LP agreements can bring private equity players into choppy waters, no one needs feel
Global accountancy network HLB International has added Shandong Hexin CPAs LLP (Hexin) to its network in China.
Based in Jinan, the capital city of Shandong province, Shandong Hexin CPAs LLP was established in 1987, as the first, and currently only indigenous firm in the province, holding the license to audit securities. Hexin has 30 partners and over 600 staff including over 200 CPAs based at its Jinan headquarters and branches in Qingdao, Weifang, Yantai and Jining.
Hexin delivers a full range of audit & assurance, IPO, M&A and specialist advisory services to listed companies, state-owned enterprises, private and family-owned
YFM has sold its funds’ investments in Harvey Jones Kitchens in a secondary buyout backed by Allied Irish Bank (GB), achieving a return over two-time on the original investment in the process.
Funds advised and managed by YFM backed the buyout of the premium kitchen manufacturer and retailer from the original founder when the company comprised of 10 showrooms primarily based in the South and Home Counties. During the time YFM funds have been invested, the business has been transformed into a national brand thanks to significant investment in people, marketing, product development and the opening of 21 new showrooms
DA Davidson & Co has acted as exclusive financial advisor to private equity firm JW Hill Capital (JW Hill) on its purchase of GKN Aerospace Bandy Machining, a subsidiary of GKN Aerospace.
The transaction closed on 11 August, 2017 and represents another successful cross-border closing for DA Davidson’s investment banking group. Financial terms of the transaction have not been disclosed.
“The Bandy name stands for made-in-the-USA highest quality aerospace and defense components and has been well known for over 50 years,” says Paul Weisbrich, head of Davidson’s AD&I group. “We believe JW Hill is the ideal partner for the
Fitz Gate Ventures has raised USD10 million for its first fund. Founded in July 2016, Fitz Gate Ventures invests in startups in which a Princeton alum, faculty member or student is either a founder or member of the senior management team, and to date it has invested in five early stage companies.
Michael Carvin, Princeton alumnus and CEO/Co-Founder of Fitz Gate portfolio company SmartAsset, says: “I made room in the round for Fitz Gate Ventures because I loved the value proposition. Almost immediately, Fitz Gate’s “Friends of Fitz” added real value.”
Dan Porter, Princeton alumnus and founder of Fitz
Mountaingate Capital (Mountaingate), a Denver-based private equity firm, has closed its first fund (Fund I) at its hard cap with USD395 million in capital commitments.
Fund I closed above its target of USD300 million, was significantly oversubscribed and attracted a diverse investor base of leading institutional investors.
“We are pleased to announce the successful closing of Fund I,” says Bruce Rogers, co-founder and managing director of Mountaingate Capital. “Mountaingate was formed to invest in and build lower middle market companies through a customer-focused, organic and add-on acquisition growth strategy. We appreciate the support of our investors and look forward
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
