Allocations
UBS Asset Management’s UBS International Infrastructure Fund II (the Fund) has signed an agreement to acquire 100 per cent of the equity interest in AutovÃa del Camino, a 72.4 kilometre concession road located in Northern Spain.
The full equity interest is being acquired from RREEF Pan-European Infrastructure Fund LP, an infrastructure fund managed by Deutsche Alternative Asset Management (Global) Limited.
AutovÃa del Camino comprises a two-lane carriageway in each direction, connecting the northern Spanish cities of Pamplona, the capital of Navarra, and Logroño, the capital of La Rioja.
Due to its strategic location, the road serves as an
PWP Growth Equity has completed fundraising for PWP Growth Equity Fund II, which closed at its hard cap with total commitments of USD750 million, surpassing its USD600 million fundraising target.
PWP Growth Equity manages two funds with USD1.350 billion in aggregate commitments.
PWP Growth Equity focuses on investing in growth-oriented, lower middle market companies across the consumer, industrial and services sectors. It seeks to partner with existing owners and management teams, delivering capital in a variety of structures, while also providing the benefit of the team’s extensive experience to help companies execute on their growth objectives and plans
Morgan Stanley Investment Management has raised more than USD125 million in final commitments for its first global impact fund, PMF Integro Fund I.
Launched in partnership with the Morgan Stanley Institute for Sustainable Investing, Integro invests in private equity funds that offer the potential for compelling financial return while demonstrating positive environmental impact, social impact or both.
The fund is managed by AIP Private Markets, the private markets solutions team within Morgan Stanley Investment Management.
“Sustainable Investing is an incredibly important part of our Firm’s DNA, and the launch of Integro underscores our commitment to promote sustainable
Harvest Partners, a New York-based private equity firm, and Varsity Healthcare Partners (VHP) have completed a recapitalisation of EyeCare Services Partners (ESP).
Harvest has acquired Varsity’s majority ownership interest in the company.
The company’s management team, led by CEO Michael Fricke and other doctor shareholders, will continue to lead ESP, and will retain a significant stake in the company. Additional terms of the transaction have not been disclosed.
Based in Dallas, Texas, ESP is the nation’s largest vertically integrated ophthalmologic services company. ESP’s affiliated ophthalmologists and optometrists serve communities in California, Colorado, Delaware, Illinois, and Maryland. Since its
Tikehau IM has led a EUR60 million unitranche to support the recapitalisation of Terratest, an international provider of geotechnical engineering and foundations solutions.
Founded in 1959 in Spain, Terratest provides foundation work, ground improvement and micro-tunnelling services for large-scale international infrastructure projects, industrial, commercial and residential construction.
Los Angeles-based Platinum Equity acquired a majority interest in Terratest in 2014.
After pursuing a repositioning of the business, Terratest has become a growing international operator in its sector, with activities in more than 25 countries worldwide.
Tikehau IM acted as sole arranger of the EUR60 million unitranche transaction.
HIG Growth Partners, the growth equity group affiliate of private equity investment firm HIG Capital, has sold its position in Community Veterinary Clinics (CVC) to CVC’s management team and majority owners.
CVC provides preventative and wellness veterinary services throughout the US via its network of clinics. The company’s more than 2,500 community clinics, located in locally-based pet stores and feed stores, offer a wide variety of preventative pet care services, including diagnostic tests, vaccinations, prescription medications, microchipping and wellness checks. In addition, CVC sells a wide variety of prescription diets, medication, and other pet supplies through its online ecommerce
Carey Olsen’s Jersey funds team has advised TempoCap, a technology investment firm, on the establishment of a new investment vehicle, TempoCap 2S, one of the first Jersey Private Funds (PIF) to be formed since the new regime’s introduction.
The fund is a closed-ended limited partnership managed by its general partner company situated in Jersey which invests in European growth and venture assets.
Carey Olsen partner Robert Milner led the team, assisted by counsel Chris Griffin and associate Joseph Barker-Willis, advising on the Jersey aspects of the fund’s establishment.
The new Jersey Private Fund regime provides for fast
Valorem Energy, an independent oil and natural gas company headquartered in Oklahoma, has received an initial USD300 million equity commitment from the Kayne Private Energy Income Fund and members of the management team.
Valorem is a private exploration and production company formed to deploy over USD1 billion of capital to acquire and operate large, producing onshore US oil and gas assets, with an emphasis on the Rockies and Mid-Continent.
Valorem is led by CEO Justin Cope and COO Heath Mireles, former executives with Continental Resources.
Cope most recently led Continental’s Mid-Continent operations as Vice president of southern
Eaton Partners has served as the placement agent for MCH Private Equity’s fourth middle market private equity fund – MCH Iberian Capital Fund IV – which has held a final close at its hard cap of EUR350 million.
MCH Private Equity, founded in 1998 by José MarÃa Muñoz and Jaime Hernández Soto, invests in diverse economic sectors including specialised machinery and industries, services, consumer products and distribution among others.
The oversubscribed fund experienced significant demand with support from a diverse range of institutional investors. Eaton Partners, a Stifel Company, served as adviser and exclusive fund placement agent.
Blackstone and the Public Investment Fund (PIF) of Saudi Arabia are planning to launch an investment vehicle dedicated to infrastructure with an anchor USD20 billion contribution by PIF.
Blackstone anticipates that the programme will have USD40 billion in total equity commitments in a permanent capital vehicle, including USD20 billion to be raised from other investors.
Overall, through the equity in this vehicle and additional debt financing, Blackstone expects to invest in more than USD100 billion of infrastructure projects, principally in the US.
Across its investment strategies, infrastructure investing has been one of Blackstone’s most active areas. The firm has
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
