Allocations
Augentius, a service provider to private equity and real estate funds, saw its business grow by 18 per cent in 2016.
Augentius has grown by an average of 19 per cent per annum over each of the last five years and has around USD115 billion assets under administration and provides solutions to 520 funds and 198 clients.
The growth was spread across the globe, with Augentius seeing a substantial uptick in all regions. Augentius now services 12 domiciles around the world, providing reporting to investors from 111 countries.
As well as growth in its traditional fund administration solutions, in
Venture capital investment firm TrueBridge Capital Partners has held the closing of its first direct investment fund, TrueBridge Direct Fund, with USD125 million in commitments, exceeding its target of USD100 million.
The Direct Fund, TrueBridge's fifth fund, brings the firm's total assets under management to USD1.8 billion. The firm's previously closed funds were flagship funds-of-funds.
In collaboration with venture capital managers, the Direct Fund will invest in top-performing, primarily mid- to late-stage technology companies based predominantly within the US, in particular Silicon Valley. As a distinct vehicle concentrated on direct investing, the fund will seek to deliver value to
Private equity house Maven Capital Partners has been appointed by the Northern Powerhouse Investment Fund (NPIF) to manage the GBP57.5 million NPIF Maven Equity Finance fund.
It is part of NPIF’s GBP400 million of capital available to support growing SMEs.
NPIF Maven Equity Finance is focused on providing equity funding to high-potential businesses located primarily across Lancashire, Greater Manchester, Liverpool, Cumbria and Cheshire and is also able to support SMEs in Yorkshire & Humber and Tees Valley. It can offer funding of between GBP50,000 and GBP2 million to each SME.
Maven will be also working in partnership with
KORE Software has created a new venture capital entity, KORE Software Capital, which has made its first investment in the group ticketing company Fevo.
One of KORE's ongoing goals is to share its success by helping other promising companies develop industry-leading ideas and initiatives.
To further this goal, KORE created a venture fund in 2016 through its affiliated company, KORE Software Capital, targeting investments of up to USD1 million each.
KORE Software has made its first investment in the group ticketing company, Fevo. The company makes it easy for friends or companies of any size to create memorable
Real estate investment trust The GEO Group is to acquire Community Education Centers (CEC), a private provider of rehabilitative services for offenders in re-entry and in-prison treatment facilities as well as management services for county, state and federal correctional and detention facilities.
GEO will acquire CEC for USD360 million in an all cash transaction, excluding transaction related expenses.
GEO will not assume any debt as a result of the transaction. GEO plans to integrate CEC into GEO’s existing business units of GEO Corrections & Detention and GEO Care.
Founded in 1996, CEC is a national provider of rehabilitative
Legal firm Gilson Gray has doubled the capacity of its centrally located Edinburgh office after rapid growth in its first three years.
Gilson Gray, based at 29 Rutland Square in the heart of Edinburgh’s financial district, has expanded into the neighbouring four storey building at 25 Rutland Square, increasing its capital operations by more than 5,000 square foot.
Following on the back of the 3,500 square foot expansion of its Glasgow office in 2016, the move will enable the full service firm to cater for further additions to its team.
High profile acquisitions, which include the recruitment of
Iceoplex Operating, an affiliate of Blackstreet Capital Holdings (BCH), has acquired substantially all of the assets of the Iceoplex at Southpointe sports complex.
The facility has one sheet of ice, one multi-purpose indoor sport court utilised for indoor soccer and other turf sports, a health club, outdoor volleyball courts and the BLVD Pub and Kitchen restaurant.
Iceoplex, located in Canonsburg, PA, is a year-round indoor one-sheet ice arena that is home to numerous youth hockey and figure skating clubs and was previously the training facility for the NHL’s Pittsburgh Penguins.
Iceoplex is the fourth ice arena purchased by
Mid Europa Partners, a private equity investor focused on Central and South Eastern Europe, is to sell Zabka Polska to funds advised by CVC Capital Partners.
The transaction is subject to customary competition authority clearance and is expected to close in Q2 2017.
The Zabka sale is the largest ever transaction in the Polish food retail sector and the largest ever private equity exit in Poland. Together with the Alpha exit announced earlier this year, Mid Europa is poised to return over EUR1.1 billion to its investors during Q2 2017.
Robert Knorr, co-managing partner of Mid Europa and
data.world, the social network for data people, has closed USD18.7 million in venture capital funding at double the valuation of its previous round.
This second round brings the total amount of capital raised to USD32.7 million and places data.world among the technology sector’s top five venture-backed Certified B Corporations of all time.
The new capital will be used to fund rapid progress toward the company’s mission to build the most meaningful, collaborative and abundant data resource in the world.
The round was led by Pat Ryan’s family investment group and includes capital from Chicago Ventures, Fyrfly Venture Partners,
Amethis Finance and Metier have teamed up to acquire a significant minority stake in East African packaged food business Kenafric Industries.
The Kenafric Group was founded in 1987 by Velji Punja Shah and his four sons.
The group has grown to emerge as a major FMCG group in East Africa, having diversified into confectionery, footwear, culinary and stationery manufacturing.
This transaction is limited to the confectionery and culinary business and the Shah family will continue to operate the footwear and stationery business separately.
Amethis has a long-standing relationship with the Shah family and the transaction developed as
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
