Allocations
Brexit will have an effect on both the European and UK private equity and real estate landscapes, but it is only a number of issues facing managers, says David Bailey, Director of Marketing and Communications at private equity fund administrator Augentius.
Bailey points out that the European industry is in flux more generally, with ESMA due to report shortly on the extension of “passporting” to a number of third party countries, which itself could transform the way in which non-EU managers are able to access European investors.
“Two other things should be borne in mind,” says Bailey. “Firstly, with
Irish Funds, the representative body for the cross-border investment funds industry in Ireland, kicked off its annual funds conference on Thursday, celebrating 25 years of the Association.
Having already put Ireland on the map as a global centre of excellence for funds, the conference’s programme was designed to look at the opportunities which the industry should be embracing in the next 25 years. Hundreds of global CEOs and industry executives are being joined in Dublin today by European policy makers and regulators to explore and debate the key issues of the industry.
This year’s conference was opened by the
Financial institutions are facing a multitude of issues folowing the UK's vote to leave the EU, says law firm Eversheds, with passporting/mutual fund recognition likely to be a major concern for banks, investment managers and insuranace companies.
According to Eversheds, institutions which currently rely on “passports” under the Single Market Directives, such as the Capital Requirements Directive, Market in Financial Instruments Directive (MiFID), UCITS Directive, Alternative Investment Fund Managers Directive (AIFMD) and Solvency II Directive, may have to restructure their businesses.
Currently an institution, which the Prudential Regulation Authority or Financial Conduct Authority have authorised in the UK, has the
One of the funds managed by SHS Gesellschaft für Beteiligungsmanagement has invested in the Austrian company Tyromotion.
The company is one of the world's leading manufacturers and distributors of robot-assisted and computer-assisted therapy units for the rehabilitation sector and has its headquarters in Graz. SHS is investing in the company with its fourth fund and can also rely on venture capital provided by the Austrian State Development Bank aws as part of its venture capital initiative.
Tyromotion develops and sells integrated solutions for the rehabilitation primarily of stroke patients based on modern robotics and sensor technologies. Smart networking of individual
Funds managed by Equistone Partners Europe (Equistone) have acquired a majority stake in the Sihl Group (Sihl) alongside its current management, from Italian business Diatec Holding.
The company is a manufacturer of coated papers, films, and fabrics.
The Sihl Group has specialised in the coating of paper, films, and fabrics for over 100 years, nowadays primarily for digital printing, and has roots reaching back over 500 years. Its customers include companies from a diverse range of sectors, such as architecture, printing and publishing, industrials, advertising and design, photography, and transport and logistics, as well as private individuals. With factories
Palatine-backed Verdant Leisure has bought two premium leisure parks in County Durham for an undisclosed sum from Park Leisure Holiday Homes.
The acquisition of Kingfisher and Heather View holiday parks in the Wear Valley brings the boutique leisure park operator’s portfolio to six sites across southern Scotland and North East England.
The acquisition supports the board’s growth strategy to create a regional group with significant scale and is the firm’s first purchase since Palatine Private Equity backed a secondary buyout of Verdant Leisure from RJD Partners in April this year.
Set in 23 acres on the banks
Pearl Capital Business Funding, a provider of direct financing to small and midsize businesses, has closed on a USD20 million financing from Arena Investors, a New York-based global investment firm.
"With the support of our outstanding financial partners we can continue to expand our mission of supplying funding to any small business with the desire for capital and ability to thrive," says Solomon Lax, Chief Executive Officer, Pearl Capital Business Funding. "We understand that despite personal credit issues, many small business owners have triumphed in building successful businesses. Locked out of the traditional bank financing channels, those small business owners
Biopharmaceutical company IFM Therapeutics has closed a USD27 million Series A financing led by Atlas Venture and Abingworth, with participation from Novartis.
In conjunction with the funding Jean-François Formela and Vincent Miles, Partners at Atlas and Abingworth respectively, have joined IFM’s CEO, Gary D. Glick, on the board of directors, with Dr. Formela serving as chair of the board.
IFM Therapeutics raises USD27M Series A to develop novel immune modulators for cancer and inflammatory diseases
IFM Therapeutics, incubated as a part of the Atlas Venture seed program, is developing modulators of novel targets that either enhance innate immune responses for
BlackFin Capital Partners is launching a new venture fund, focusing on FinTech opportunities across Europe.
After successfully launching 2 generations of growth-equity financial services funds (Fund I: EUR220 million raised in 2011/Fund II: EUR400 million raised in 2016), BlackFin Capital Partners is leveraging its unique expertise in the venture capital segment.
The fund will partner with entrepreneurs at all investment stages, from seed to late-stage rounds. As a sector specialist firm, BlackFin and its team will provide these entrepreneurs with unique support regarding their strategy and growth, commercial access and credibility, but also regulatory guidance to establish best-of-breed companies. The
Invest Europe has appointed Dr Gerry Murphy, Senior Managing Director and Chairman of Blackstone Europe, as Chair of the Association. He succeeds Max Römer, Founding Partner of Quadriga Capital.
Murphy has been a senior figure in Blackstone’s team in London since joining the US alternative investments manager in 2008. His primary focus is on supporting the firm’s activities across Europe and Asia. He serves as a director of German clothing group Jack Wolfskin, Dutch administrative services firm Intertrust and British television and internet retailer Ideal Shopping Direct. He is also a non-executive director of British American Tobacco.
Murphy says:
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
