Allocations
NextEnergy Capital (NEC), a specialist in the global solar sector, has held the final close for NextPower III ESG (NPIII ESG), bringing the total capital raised to USD896 million, including an SMA.
As of 31 December, 2021, net assets of Luxembourg investment funds reached an all-time high of EUR5.9 trillion (USD 6.6 trillion, a year-on-year increase of EUR86 billion or +17.8 per cent.
First Dollar has closed a USD14 million Series A funding round led by Blue Venture Fund, a collaboration between Blue Cross Blue Shield (BCBS) companies, the Blue Cross Blue Shield Association, and Sandbox, to which thirty-five BCBS companies have committed over USD890 million across four funds.
Global impact firm Palladium, through its asset management arm Bamboo Capital Partners, is entering into a strategic partnership with KPTL.
As part of its ongoing commitment to democratise alternative investments in Canada, Mackenzie Investments (Mackenzie) has launched the Mackenzie Northleaf Private Credit Interval Fund, a first-of-its-kind retail offering in Canada, in partnership with Northleaf Capital Partners (Northleaf).
TLcom, thane Africa-focused venture capital firm, has held the first close of its USD150 million-Africa focused tech fund at USD70 million, positioning the firm to become the largest independent VC investor fully dedicated to the continent.
Enterprise Resource Planning (ERP) software specialist Cooper Software, which is backed by YFM Equity Partners (YFM), is building its reach in central Europe with the acquisition of German-based ERP consulting firm and IFS Applications specialist u:benit.
The acquisition of the German-based business, which will trade as Cooper Software GmbH, is another step in the company’s strategy to expand internationally following a multi-million pound investment by YFM in November 2021. It will enable Cooper Software to meet growing demand for IFS consulting and implementation services in Germany, Austria and Switzerland (D-A-CH).
The founder of u:benit, Benedikt Stallmann, takes on the role
Online education company FourthRev has raised USD8 million in a Series A funding round led by education technology impact fund Educapital.
Reach Capital, Emerge Education and Danner Capital also provided follow-on funding along with a number of edtech entrepreneurs and executives.
The investment will be used to develop and promote more Career Accelerators focused on key areas experiencing the most acute digital skills shortages such as cybersecurity, AI, analytics, UI and project management skills. As a remote first, global company, FourthRev will be doubling headcount worldwide, expanding operations in the UK, Australia, South Africa and North America.
App Radar, an app store marketing platform, has secured EUR2 million in pre-Series A investment from Austrian VC firms eQventure and aws Gründerfonds.
App Radar, which last year acquired Spanish app store optimiser TheTool, will use its investment to expand its presence in major European markets and expand its product offering.
App Radar optimises app store appearances and supports app marketing with targeted market analysis. Big data, AI-guided workflows, and easy-to-understand dashboards are used to increase visibility, engagement, and conversion.
Cairngorm Capital Partners portfolio company, Verso Wealth Management (Verso), has acquired Pavis Financial Management Limited (Pavis).
Established in 1992, Pavis is a chartered financial planning firm based in Liverpool, serving private clients across the UK.
The addition of Pavis to the Verso group, adds scale to Verso’s network and creates a hub in the North West as Verso builds its national footprint.
This is Cairngorm Capital’s 40th proprietary investment since 2016 and is typical of its buy and build strategy of providing investment capital, strategic guidance, operational and industry expertise, to support ambitious management teams in their drive for transformational
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
