Allocations
Funds advised by Marathon Asset Management are to acquire Kaléo, a privately held pharmaceutical company based in Richmond, Virginia.
The total base purchase price is approximately USD310 million in cash, less certain adjustments, and includes potential net revenue-based milestone payments of up to approximately USD70 million in cash for the 2022 and 2023 fiscal years, in a transaction that will provide liquidity for Kaléo shareholders upon closing. This new ownership structure will accelerate Kaléo’s growth serving patients at risk for anaphylaxis and other serious and life-threatening conditions.
An industry leader in human factors engineering and drug-device combination product development
Invest Europe, an association representing Europe’s private equity, venture capital, and infrastructure sectors, as well as their investors, is to develop a coherent standard for how private equity and venture capital firms should report on environmental, social and governance (ESG) issues – bringing harmonisation and transparency to essential ESG reporting for investors and regulators.
The new reporting standard will be developed and established by summer 2022, and will enable private equity firms to navigate and comply with the rising demands for action and openness on their ESG activities.
In 2021, a wide range of new ESG-related regulatory reporting requirements were
Africa-focused private investment firm Helios Investment Partners (Helios) has secured an ESG-linked capital call facility for Helios Investors IV, LP (Helios IV).
Rand Merchant Bank and Standard Chartered Bank acted as Arrangers and Sustainability Coordinators.
The interest rate of the Helios IV capital call facility is pegged to ESG performance targets, set by lenders Rand Merchant Bank and Standard Chartered Bank. Individual ESG ratings of the Fund’s portfolio companies will be determined by independent ratings agency.
Helios will continue its longstanding practice of working closely with its portfolio companies to improve their ESG performance and capabilities on an ongoing basis,
Eleven Ventures, a Bulgarian venture capital firm focused on pre-seed and seed investing in South Eastern Europe (SEE), has held the final closing of ‘Eleven Fund III’ at EUR60 million.
The firm’s latest fund is 10-times the size of its previous 2018 fund.
Some 80 per cent of the new fund’s backers are repeat investors, including EIF; and the funds LP-base includes over 60 individuals who bring a wealth of experience to the table, including deep global networks and decades of entrepreneurial experience. These experts are not ‘passive’ LPs either, with many offering follow-on funding, mentoring, support, and network-access to
Private equity firm Montagu has completed its investment in Waystone, a provider of institutional governance, risk, and compliance services to the asset management industry, while Hg, a global software and services investor, is also joining as a strategic investor and joint shareholder in the firm.
Montagu first announced its investment in Waystone in July 2021. Hg’s investment is subject to regulatory approval and customary closing conditions.
Founded in 2000 and based in Dublin, Waystone serves clients with assets under management totalling more than USD1 trillion, delivering the tools and expertise to manage their governance and regulatory requirements, enabling them to
Unity Technologies Founder, Nicholas Francis, is launching a specialised Agricultural Technologies (AgTech) VC fund together with Investbridge Capital.
The goal is to create a market leading VC fund investing in the most scalable and innovative technology companies revolutionising global food production.
Francis has made a career predicting how software will develop in the face of massive hardware and societal changes and sees another tremendous investment opportunity in AgTech. To this end, he has committed USD10 million as a cornerstone investor. Working alongside the Investbridge team, Francis will use his experience in entrepreneurialism, VC and the global tech market to help
According to the first estimates obtained by the Spanish Association of Capital, Growth and Investment (ASCRI) through the European platform EDC, the volume of private capital investment in Spain during 2021 reached EUR7.49 billion from a total of 841 investments.
Despite the new global pandemic scenario, the venture capital segment hit a record high while middle market deals hit their second-highest level ever.
The VC sector saw a record high in both volume (EUR1.94 billion) and number of transactions (691). International VC also registered record levels of investment (EUR1.57 billion from 173 transactions, 248 per cent more than in
Prevail Partners, an affiliate of Prevail CInfoWorks, has led a USD10 million Series A funding round in PolyPhotonix Limited, a developer of a noninvasive treatment for diabetic retinopathy.
Napier Park Global Capital (Napier Park) and Ethical Power Group (Ethical Power) have formed a joint venture, Lynher Energy, to invest in large-scale solar and battery storage assets in the UK and Europe.
Ethical Power will act as servicer to the joint venture, including the provision of services relating to development, construction, operations and maintenance, and asset management.
The partnership intends to invest in development assets to which Ethical Power can bring its extensive experience in the design, optimisation and construction of renewable energy projects to build high-quality, valuable assets.
Napier Park plans to fund the investment in the venture
Pegasus Asia, Tikehau Capital’s third sponsored SPAC globally and its first to be listed in Singapore has successfully raised SGD170 million (cEUR111.2 million) in its initial public offering.
Similar to Pegasus Europe and Pegasus Entrepreneurs launched in 2021, Pegasus Asia was launched by Tikehau Capital alongside co-sponsors Financière Agache, Jean-Pierre Mustier and Diego De Giorgi. The sponsors collectively have an extensive proprietary network and resources to search and evaluate targets.
Tikehau Capital and its co-sponsors were the only European sponsors to successfully launch two European SPACs in 2021. Pegasus Europe, which raised approximately EUR483.6 million in April, is among
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
