Allocations
Japanese company Topcon Corporation intends to submit a purchase offer to the shareholders of ifa systems AG via its Dutch subsidiary Topcon Europe BV with the aim of acquiring a 50.1 per cent holding in the firm.
As ifa systems AG shares are listed on the Entry Standard of the Frankfurt Stock Exchange, rather than the regulated market, the offer is not subject to the Securities Acquisition and Takeover Act (WpÜG); it is primarily governed by general stock corporation law requirements.
The announced offer price is EUR15.20 per share, meaning that ifa systems AG is valued at around EUR42
Alternative asset manager Aquila Capital has won the bid to acquire Småkraft AS, the largest operator and developer of small-scale hydropower plants in Norway.
The acquisition will be the third public hydro transaction for Aquila Capital in 18 months and will further expand the firm’s already significant footprint in the hydropower sector.
The transaction includes Småkraft’s portfolio of 45 operating plants generating over 500 GWh annually and a substantial development project portfolio led by a strong operational organisation. Småkraft AS is owned by four Norwegian utility companies: Statkraft (40 per cent), Agder Energi (20 per cent), BKK (20 per
Santander Corporate Bank has provided a new GBP50 million committed debt package to Poundworld Retail Limited, a UK value variety retailer, to support its next stage of growth and store roll out plan.
Poundworld continues to have no material financial leverage and now benefits from the security of having enhanced and committed banking facilities. Earlier this year funds affiliated with private equity firm TPG Capital LLP (TPG) acquired a majority stake in family-run Poundworld.
Santander’s Leeds-based Large Corporate and Structured Finance teams worked together with the bank’s International Trade Finance team to create a bespoke financing structure which will
US Capital Advisors (USCA) has formally launched its third division, USCA Asset Management. The firm has simultaneously launched its flagship energy investment vehicle, the USCA Private Energy Credit Fund, which will provide direct loans and other bespoke credit solutions to higher quality, lower middle market-sized private energy companies in need of growth capital.
Paul Tice joins USCA as a Senior Managing Director and Head of the Energy Capital Group at USCA Asset Management. Tice will be overseeing the firm's private energy fund business and will be the manager of the firm's new Private Energy Credit Fund. Tice will report directly
Tenable Network Security has raised USD250 million in a series B funding round led by Insight Venture Partners and Accel.
The investment, which is subject to customary closing adjustments, marks one of the largest fundraising rounds completed for a private security company and is expected to accelerate Tenable’s long-term global growth. Today’s funding marks USD300 million in capital raised to-date, following Accel’s USD50 million Series A investment in September 2012.
“Tenable has the only true continuous network monitoring offering on the market and our products defend some of the world’s largest and most complex networks, keeping our customers secure in
LA_based private equity fund Balmoral Funds has acquired Enesco, a designer, developer, and distributor of consumer products to a wide variety of specialty card and gift retailers, home décor boutiques, as well as national retail chains and direct- to-consumer retailers.
“We are excited to welcome Enesco to the Balmoral Fund family of consumer product companies,” says Jonathan Victor, Senior Managing Director at Balmoral. “The Company’s portfolio includes highly recognized company-owned brands, such as Gund, Department 56, Our Name is Mud, and Gregg Gift, as well as iconic licensed brands like Jim Shore, Disney, Britto, and Peanuts.”
Balmoral Funds also announced
Carey Olsen has advised Gravis Capital Partners on the initial public offering (IPO) of a new GBP100 million Jersey fund, Project Finance Investments Ltd, which is now listed on the main market of the London Stock Exchange.
The company’s project finance investments will be largely UK-based, medium-to-long-term fixed or floating rate loans secured against cash flows and/or physical assets; its objective is to generate attractive risk-adjusted returns primarily through regular, growing distributions and modest capital appreciation over the long term.
Carey Olsen partner Robert Milner (pictured) says the IPO and listing on the London Stock Exchange (LSE) main market
Stifel Financial Corp is to acquire Eaton Partners, an independent, partner-owned hedge fund and private equity fund placement and advisory firm.
Eaton's extensive relationships with private equity firms, hedge funds, high net worth family offices, and institutional investors is a growth opportunity for Stifel to leverage both its investment banking platform and its high net worth private client business, which will include the previously announced Barclays Wealth Americas business upon closing in the fourth quarter of 2015.
Eaton has over 60 employees across six offices and relationships with over 4,000 of the largest active institutional investors. Since Eaton's inception
Solar Capital has chosen Ultimus Fund Solutions to provide fund accounting support for the firm’s Business Development Companies (BDCs) as well as middle and back office support for its growing Separately Managed Accounts (SMA) business.
Solar will utilise Ultimus’ experience and technology to add efficiencies to the firm’s fund accounting and reporting for complex investment classes, including middle market senior secured loans.
Under the terms of the agreement, Ultimus will provide fund accounting for Solar Capital’s funds, including certain processing services related to bank debt investing. Ultimus will also provide fund accounting and other middle office services to support
Illuminate Financial Management has closed the first round of capital raising for its new IFM Fintech Opportunities Fund, co-led by financial information services provider Markit and Deutsche Börse Group to further invest in the most promising early stage fintech companies.
“We are delighted to announce the first close of the Illuminate Fintech Opportunities Fund,” says Mark Beeston, Managing Partner and Founder of Illuminate Financial Management. “Markit and Deutsche Börse are global fintech leaders whose clients will benefit from the technology firms Illuminate is already backing. We are pleased to have them both as lead investors.”
“Investing with Illuminate gives
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
