Allocations
Geneva-based Quaero Capital has completed the first close of its European Infrastructure fund, with EUR50 million of commitments.
The dedicated private equity fund, a French-domiciled 'Fonds Professionnel de Capital Investissement' structure, invests in small to mid-sized project finance transactions in the transport, social infrastructure, telecom, utilities and energy sectors across Europe, via both greenfield and brownfield assets.
The fund is offered to institutional investors only. It is run by an experienced Geneva-based team led by Sébastien Bourget as Head of Quaero Infrastructure.
"The first closing of the fund represents an important milestone, allowing us to take advantage of
Private equity firm OpenGate Capital has entered into a period of exclusivity with Wolseley plc, to acquire their France-based business, Bois & Matériaux (B&M), a distributor of building materials.
B&M is one of the top three business-to-business distributors of building materials in France, with two established brands: Réseau Pro and Panofrance. B&M also has a single-branch business, Guimier, a specialty supplier of architectural plaster moldings to the Parisian market.
B&M distributes building materials to more than 12,000 smaller, trade customers in the residential market, evenly split between new-build and renovation projects. B&M is headquartered in Rennes, France, generates more
Noerr has advised Home24 AG on its acquisition of fashion4home GmbH. The Noerr team led by Dr Sascha Leske worked closely together with the company’s in-house legal department led by General Counsel Dr. André Schneider.
With the merger of the two companies, Home24 AG further expands its position as Europe’s largest online furniture dealer. Fashion For Home is one of the leading European e-commerce players, offering high-quality design furniture at very attractive prices. The Berlin-headquartered company is active in Germany and Austria, as well as in the Netherlands. Following the takeover, both brands will continue to exist and will in
The Better Software Company, a recent graduate from the L-SPARK Accelerator program, has secured an additional USD1.35 million in funding led by ff Venture Capital, with participation by Mistral Venture Partners and additional local angel investors.
This closes the firm’s seed funding round and brings the total amount raised to USD2.1 million.
The Better Software Company has created a unified and simple new business management software application for 10’s of thousands of small and medium sized businesses (SMB’s) operating in numerous micro vertical industries, including party rentals, window washing, auto detailing, etc. Since joining L-SPARK in January 2015, revenues
108 Partners, a middle market business advisory firm led by James Bergeron, has completed the recapitalisation of Levementum, enabling the CRM and digital services specialist to fund the next stage of its growth.
Levementum provides management consulting, system integration and value-added resale of cloud-based CRM and digital solutions, serving more than 1,000 customers across a wide variety of industries that include consumer packaged goods, high-tech, financial services, energy, telecommunications and manufacturing.
108 Partners began advising the Levementum executive team in April 2013 with James Bergeron providing CEO Coaching services and serving as a member of the company's Advisory Board.
With Blackstone Group’s latest opportunistic offering, which closed in Q3, becoming the largest private real estate fund of all time, Preqin’s Lauren Mason takes a look at fundraising for the strategy and the pipeline of opportunistic funds in market.
Although the total number of opportunistic funds reaching a final close each year has declined since 2012, the aggregate capital raised by these funds is at a post-crisis high: 37 opportunistic private real estate funds have reached a final close this year, raising USD49.6 billion in institutional investor commitments (Fig 1). Fifty-five percent of total capital raised in 2015 has been
Private equity and venture capital investor BaltCap is to acquire the invoicing and financial automation business of OpusCapita in the Baltics.
BaltCap Private Equity Fund II managed by BaltCap has signed an agreement to buy the business operations serving the local markets in the Baltic States from Finnish financial process provider OpusCapita. The transaction consists of OpusCapita AS in Estonia and Latvia and UAB OpusCapita in Lithuania which provide financial automation services to the local market.
“For BaltCap, the Baltics is a core market and we are thrilled to enter a business with many new opportunities,” says Kristjan Kalda,
Robo-adviser MoneyFarm has raised EUR16 million in financing from Cabot Square Capital as it prepares to launch in the UK market.
MoneyFarm uses technology to deliver high quality advisory and discretionary services at a fraction of the cost of a traditional wealth management firm.
Backed by one of Europe’s largest FinTech fundraising rounds of 2015, MoneyFarm will be able to accelerate growth to become Europe’s leading Digital Wealth Manager. According to Oliver Wyman, in the UK alone this market is expected to grow to GBP 20-30BN by 2019.
The company in its short history has already built up
Private markets asset management firm Hamilton Lane has successfully closed on USD200 million in private capital for its first Small Business Investment Company (SBIC) Fund, with significant support from anchor investor, the New York State Common Retirement Fund (NYSCRF).
A number of other institutional investors participated, including TD Bank, Bank of NY Mellon, HSBC Bank, Deutsche Bank and First Niagara Bank.
Through the SBIC Program, the US Small Business Administration (SBA) provides funding to qualified investment management firms with expertise in certain sectors or industries. The New York Credit SBIC Fund will provide USD200 million in debt and mezzanine
Edgemont Capital Partners has acted as exclusive financial advisor to WorkWell Medical Group on its investment and recapitaliaation by Salt Creek Capital. Terms of the deal have not been disclosed.
WorkWell Medical Group, founded in 2003 by Dr Sheilaja Mittal and Vikram Mittal, and headquartered in Salinas, California, offers patients and employers an in-house network of specialists, a multidisciplinary rehabilitation facility and a state-of-the-art mobile medical clinic, all providing a complete suite of healthcare services to improve healing time for employees, enabling them to return to work more quickly. The company owns and manages five medical clinics providing occupational medicine,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
