Allocations
Castik Capital, the European private equity investment firm, has held the final close of its European Private Investment Club fund (EPIC I) at EUR1 billion. The fund had a first close in June 2014 at EUR 625 million. EPIC’s investors are all large institutional investors.
“We are very proud to announce the close of our first fund, which was significantly oversubscribed,” says Michael Phillips (pictured), Investment Partner at Castik Capital. “Our team is already making significant progress in executing our investment strategy – we are identifying targets and actively pursuing new deals.”
The fund will seek investments across Europe, with
iwoca, one of the fastest growing SME lending platforms in Europe, has finalised a USD20m Series B equity financing rounded by Acton Capital Partners, the specialist German venture capital firm, and CommerzVentures, the corporate venture capital subsidiary of Commerzbank.
Redline Capital and other existing investors also participated.
iwoca achieved over 250 per cent year-on-year growth in loan issuance in the twelve months to June 2015, demonstrating that alternative lenders represent a key lever for economic growth as traditional banks have struggled to meet the funding gap. The alternative finance market in the UK is expected to jump to USD7 billion
The Scottish Loan Fund (SLF) has supported its existing portfolio company Merson Group (Merson) in its acquisition of ASG Essex Ltd (ASG), a long established signage business servicing the UK’s largest brands.
The acquisition creates a UK and European sign business with an unrivalled range of skills, capabilities and resources able to deliver all aspects of major signage projects.
SLF originally committed GBP3 million of funding to Merson in 2012 initially to support its acquisition of CGL Systems Limited, a provider of metal façade and rainscreen cladding for commercial buildings. Following its successful integration Merson has continued to look at
The Channel Islands Securities Exchange Limited (CISE) has ceased discussions regarding the acquisition of the European marketplace for SMEs, the Danish-based GXG Markets A/S (GXG).
It was announced on 22 July that an in-principle agreement for the transaction had been agreed between the CISE’s wholly owned subsidiary, The Channel Islands Securities Exchange Authority Limited (CISEA) and the Swedish-headquartered GXG Global Exchange Group AB and GXG.
However, the CISE has now decided not to proceed any further.
Fiona Le Poidevin (pictured), Chief Executive Officer of the CISE, said: “The deal had reached offer stage but, following extensive due diligence
Puma Investments has completed two deals within the residential care home sector totalling GBP11 million. The monies invested will fund the development and initial operation of two purpose built, modern care homes in partnership with established operator Abbey Healthcare.
Abbey Healthcare is owned by Prabhdyal Sodhi and currently operates a portfolio of 16 homes with 1,279 beds across the UK.
The first investment is a GBP6 million deal in Hamilton, Scotland to facilitate the development of a new-build 112 bed care home, all with en suite wet room facilities. The second is a GBP5 million investment to facilitate the
Prudential Capital Group, a global source of private capital for public and private companies, provided more than USD5.3 billion to companies and projects worldwide through the first half of 2015.
This represents an increase of more than USD1 billion compared to the first half of 2014, while adding 40 new clients across a range of industries. Prudential Capital Group is an investment business of Prudential Financial, Inc. (NYSE: PRU).
“With global markets in a state of flux, it is important for companies to have strong relationships with their sources of capital. Prudential Capital Group’s consistent presence in the market and
APC Technology Group has completed the acquisition of Energy Efficiency Verification Specialists, EEVS Insight Ltd, a provider of performance analysis and verification services for any sustainability project, product, service or investment in the Energy efficiency space.
The Acquisition is in line with APC’s stated strategy of investing in technologies, products, services, and the teams required deliver them.
EEVS is one of the UK's foremost independent providers of performance information for the UK energy efficiency industry. The EEVS team is composed of expert energy analysts and industry specialists with a thorough understanding of how energy and resource efficiency projects affect
This extract from the Preqin Quarterly Update: Real Estate, Q2 2015 focuses on institutional investors in private real estate and their plans for the next 12 months regarding strategy, regional preferences and the size and number of planned capital commitments.
The majority of investors seeking new commitments will target value added funds over the next 12 months (62 per cent), with the proportion targeting opportunistic vehicles increasing by nine percentage points (Fig 1). Demand for core vehicles has dropped by 13 percentage points, which could convey investors’ willingness to take on more risk in the search for higher returns.
North
21 Partners is to acquire Poligof, a manufacturer of backsheet film for hygienic disposable products (baby diapers, feminine hygiene and adult hygiene products), through the second investment of the recently raised 21 Investimenti III fund.
Thanks to its technical know-how, Poligof is the Italian leader and one of the top three European players in its market, boasting two state of the art production facilities in Northern Italy. Poligof’s addressable market presents high resilience in Europe and unexploited growth opportunities in emerging markets. In the last three years Poligof was able to double its turnover reaching €M 100, of which 70
EY has signed a membership deal with Innovate Finance, the global FinTech association based in the UK, as part of its commitment to build its FinTech practice and champion the UK as the world’s global hub for FinTech innovation.
Innovate Finance already has a community of over 120 FinTech companies, including startups, established financial services institutions and two USD1 billion unicorns, but EY will be the only Big Four member organisation.
Under the agreement EY will pilot a unique talent program in which EY staff will be seconded into the Innovate Finance member community for three month periods to help
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
