Allocations
The State Street Global Exchange Private Equity Index (GXPEI) continued its gains going into 2017, rising 3.95 per cent in the first quarter representing the highest quarterly return in two years.
The increase was driven by the strong performance of Buyout Funds and Private Debt, along with a significant improvement in Venture Capital.
Overall the index has continued to see positive net cash flows to investors in Q1 going into Q2 with contributions remaining steady and low while distributions have increased slightly as compared to the same period of 2016.
The GXPEI is based on directly sourced limited
Shore Capital Partners’ (Shore Capital) portfolio company EyeSouth Partners (EyeSouth) has completed a strategic partnership with Georgia Retina, one of the largest retina medical practices in the Southeast USA.
“Our primary aim at Georgia Retina has always been to deliver exceptional medical and surgical retinal care combined with an outstanding patient experience,” says Dr Michael Jacobson, who along with Dr. Scott Lampert founded Georgia Retina in 1994. “To further and build upon this mission in the rapidly changing healthcare environment, we have decided to enlist Shore Capital and EyeSouth as our partners to help us strengthen and expand our administrative
Waterland Private Equity, along with the founders John Keller and Frank Rittmann, has sold its stake in Ranger Marketing to Ströer.
The Cologne-based acquirer will continue to support the direct sales specialist to further expand its focus on dialog marketing, adding a new sales channel to its subsidiary Avedo Group.
Dr Carsten Rahlfs, partner at Waterland and Head of the Düsseldorf office, says: “Together with the Ranger management team we have continuously developed the group’s strategic focus and pursued digitalization since the beginning of our investment in 2010. We have succeeded in strengthening long-term customer relationships and created strong
Foresight Group has sold MPLSystems Limited (MPL) to Industrial and Financial Systems, IFS AB (IFS).
MPL is a provider of customer and field service technology in Europe, offering a wide range of innovative customer contact technologies, customer engagement CRM and field service management software, all provided on an omni-channel basis. When combined with IFS’s leading service management offering, the Company will be able to deliver a full end-to-end customer engagement solution to customers worldwide.
Foresight has been a supportive shareholder over a number of years. Since Foresight’s first investment, revenue from the technology part of the Company has grown
Abacus Group has secured a minority investment from WestView Capital Partners. Drake Star Partners acted as an exclusive financial advisor to Abacus Group on this transaction.
Founded in 2008, Abacus Group has successfully served the hedge fund and financial institution market by providing superior technology, expertise, and service.
Abacus Group provides three main products and services – AbacusFLEX, a professionally managed hosted IT solution covering all the primary needs of a modern financial services firm including state-of-the-art security and compliance functionality; Application Hosting, a fully redundant and secured managed infrastructure allowing clients to host any application in the cloud;
BGF has invested a further GBP7.3 million in AdEPT Telecom (AdEPT). Headquartered in Tunbridge Wells and listed on AIM, AdEPT is a provider of unified communications and IT managed services.
The new funding, alongside an existing debt facility, will support the acquisition of Atomwide Limited, a well-established UK based specialist provider of IT services to the education sector. The acquisition of Atomwide further extends AdEPT’s ability to provide a full suite of specialised IT and telecoms products to public sector customers, and will position AdEPT as the leading IT provider to schools across London, supporting around two million users.
The
Brightstone Venture Capital has held the first closing of a new venture capital fund focused on early stage technology and life-science businesses, primarily in Minnesota but also across the US.
The new venture fund, BVC2, formally accepted its first limited partners last week and has made its first investment. The fund has received over USD25 million in fund commitments thus far, primarily from existing limited partners in its previous fund and will have a hard cap total size of USD100 million.
The new BVC2 venture fund also closed its first investment in a Boston-based cloud storage platform called Wasabi, a
London-based private equity firm Limerston Capital has held the final closing of its debut fund Limerston Capital Partners I with commitments above its GBP200 million target.
The Fund has attracted the support of leading pension funds, endowments and fund of funds with investor geographies covering the United States, Europe and Asia Pacific. In addition, the Limerston team is one of the largest investors in the Fund, demonstrating its close alignment of interests.
The Fund expects to continue to pursue control investments in mid-market companies in the UK with an EBITDA of between GBP4 million and GBP10 million and to
Gangsu Gangtai Holding (Group) Co Ltd, a Chinese group listed on the Shanghai Stock Exchange, has closed its acquisition of 85 per cent stake in Buccellati Holding Italia, which was previously held by Clessidra and the Buccellati family.
The transaction is based on an Equity Value of EUR230 million for 100 per cent of the company.
Buccellati, founded in Milan in 1919, is one of the most prestigious Italian high-end jewellery brands renowned all over the world for its craftsmanship, design and originality. Buccellati jewels are globally admired, not only for their design, but also for the distinctive engraving
Coinsilium Group Limited, the accelerator that finances and manages the development of early-stage blockchain technology companies, has sold its entire holding of 2,133 shares in investee company SatoshiPay to Blue Star Capital at the price of EUR340 per share for a total consideration in cash of EUR725,220.
Under the terms of the PSA Coinsilium will also receive 85 million warrants over new Ordinary Shares of Blue Star, of which 42.5 million are exercisable at a price of 0.6 pence per Ordinary Share and 42.5 million are exercisable at a price of 0.8 pence per share for a 3-year period from
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
