Allocations
Online investment platform SyndicateRoom has seen the first exit for a company that raised funds on its platform, following the acquisition of Oval Medical.
Oval, a medical technology company designing and producing auto-injectors to enhance medical safety and address trypanophobia (fear of needles), has been acquired by US-based healthcare contract manufacturer SMC.
Oval Medical raised GBP1,118,647 in August 2014, via the SyndicateRoom platform, with 40 SyndicateRoom investors contributing to this total. SMC is acquiring Oval to build on its existing business in the drug delivery device market, paving the way to grow and to develop further Oval’s core auto-injector
Omnes Capital has obtained the new Energy and Ecological Transition for the Climate label for its Capenergie 3 fund.
Created in late 2015 by the French Ministry of the Environment, Energy and the Sea, the label is designed to direct savings towards energy and ecological transition projects.
It falls within the framework of public initiatives taken following the French law on Energy Transition for Green Growth of August 2015. For investors, it ensures the transparency and quality of the environmental characteristics of financial products thanks to an audit by an independent expert.
Capenergie 3 is dedicated to investment
Mid-market private equity investor Equistone Partners Europe is acquiring a majority stake in Group of Butchers, alongside its current management, from Nordian Capital Partners for an undisclosed sum.
Group of Butchers is a producer of high-quality meat products sold at supermarkets and delivered to the out-of-home market.
Founded in 1997 under the name Dutch Grill Specialties and headquartered in Tilburg, Netherlands, Group of Butchers focuses on the production and distribution of high-quality meat products. The company brings together several local butcher production sites, each producing their own specialties.
Group of Butchers has 350 employees across six production facilities
Elaghmore Partners has closed its initial fund, Elaghmore I, at GBP60 million and completed its first acquisition.
The fund held a first and final close and is now fully operational. The fund was oversubscribed and the investors are a mixture of US and European institutions.
The investment strategy of Fund 1 is focused on UK-headquartered industrial businesses that present a significant opportunity for growth and value creation.
The partners will participate in every phase of the investment, including turnaround of the business, if necessary, its growth and development, and ultimately ensuring it is well placed to deliver returns
Providence Strategic Growth Capital Partners (PSG), an affiliate of private equity and credit investment firm Providence Equity Partners, has closed its second fund with USD640 million of equity commitments.
PSG Fund II, which closed at its hard cap and was oversubscribed, received commitments from existing and new investors, including corporate pensions, family offices and high net worth individuals.
To date, the firm has made six investments in PSG Fund II: Boston Logic, PaySimple, LogicMonitor, Untangle, Anju Software and Conversica.
PSG invests in lower middle market software and technology-enabled service companies primarily in North America. The firm works closely
Private equity (PE) and venture capital (VC) funds in the US showed stronger performance in the second quarter of 2016 than the first, according to Cambridge Associates.
Energy investments helped generate the rebound for the PE benchmark, and returns from healthcare VC investments made the biggest leap from the first quarter of 2016 to the second.
The Cambridge Associates US Private Equity Index returned 4.0 per cent in Q2 2016, outperforming the large-cap S&P 500, the small-cap Russell 2000 and the tech-oriented Nasdaq Composite indices for the quarter.
The Cambridge Associates US Venture Capital Index posted a 0.7
Diagnostic solutions specialist Curetis has secured a EUR25 million unsecured loan from the European Investment Bank (EIB).
The financing is the first growth capital loan under the European Growth Finance Facility (EGFF), launched in November 2016 and is backed by a guarantee from the European Fund for Strategic Investments (EFSI).
EFSI is an essential pillar of the Investment Plan for Europe (IPE), under which the EIB and the European Commission are working as strategic partners to support investments and bring back jobs and growth to Europe.
The debt facility features typical market interest rates with more than half
NTR has added a further 29 MW to its onshore NTR Wind 1 fund portfolio with the acquisition of Twin Rivers, a 28.7 MW wind project located in Yorkshire, from joint vendors InfraRed Environmental Infrastructure Fund and the Co-operative Group.
Capital costs for the project amount to just over GBP80 million (EUR95 million).
“This is the 10th acquisition of onshore wind assets in the UK and Ireland by our NTR Wind 1 fund, bringing total MWs under management up to just over 170MW. We have experienced a very strong momentum in identifying, acquiring and financing wind projects throughout the year,
European financial services private equity firm AnaCap Financial Partners is to acquire Barclays’s French retail banking operations.
These include Barclays’ branch network, life insurance business, wealth and investment management and brokerage operations, subject to regulatory approval.
It follows the completion of a consultation with employee representative bodies that began in May, when Barclays entered exclusive discussions with AnaCap.
Following and subject to completion, AnaCap funds will leverage Barclays’ client base, network and relationship managers with a view to building the leading independent wealth manager in France. Plans include the relaunch of the mortgage lending proposition to attract and
Private equity firm Adveq has held the final closing of Adveq Europe VI at EUR462 million, well above its initial target fund size of EUR350 million.
The fund closing was held on 2 December 2016, attracting interest and support from investors around the world, including pension funds, insurance companies and endowments.
Adveq Europe VI targets primary, secondary and co-investment opportunities in the European small buyout segment. The fund invests with or alongside transformational, turnaround and specialist managers. It will focus on emerging managers who are raising their first or second fund and established managers in the third or later generation
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
