Allocations
Ogier has advised on the establishment of Sequoia Economic Infrastructure Income Fund Limited, a newly formed Guernsey fund focused on the economic infrastructure sector.
The fund expects to target investments in operational projects in the transport, transportation equipment, utilities, power, renewable energy, telecommunications infrastructure and infrastructure accommodation sectors. Guernsey firms advising were Ogier who undertook the legal work, KPMG Channel Islands Limited, who acted as reporting accountants and as independent auditors, and Praxis Fund Services as administrator and International Fund Management Limited, which forms part of The Praxis Group, as the investment manager.
The fund is listed on the Main
Nabriva Therapeutics has completed a USD120 million Series B financing led by new US based investors Vivo Capital and OrbiMed, and including participation from EcoR1 Capital, Boxer Capital of Tavistock Life Sciences and new investment from existing investor HBM.
Existing investors Phase4 Partners, Wellcome Trust, GLSV and Novartis Venture Fund also participated in the round. Representatives of Vivo Capital and OrbiMed will be joining the Nabriva Supervisory Board.
The initial tranche of USD50 million will enable Nabriva to progress its lead product, lefamulin, into clinical phase three studies in community-acquired bacterial pneumonia (CABP) and to continue the development of
Edmond de Rothschild Investment Partners has teamed up with ACE Group the third-largest mortgage broker in France. The Small Caps fund managed by Edmond de Rothschild Investment Partners is investing in ACE alongside the founder/CEO and his senior executives.
Founded in 1995 by Joel Boumendil in Levallois-Perret, ACE is a major player in the mortgage brokerage arena in France. ACE finds and negotiates the most suitable mortgage terms for property buyers: interest rates, insurance, warranties, terms for early repayment and more. With nearly 10,000 loans brokered annually, ACE represents more than 5% of the French mortgage market, with a volume
Summit Partners today announced that it has acquired a majority stake in DentalPro, a network of dental clinics in Italy. Existing DentalPro shareholder, VAM Investments reinvested in the transaction, as did CEO and Founder Michel Cohen.
Founded in 2010, DentalPro owns and operates 30 full-service clinics across Italy, most of which are positioned in shopping malls. Each conveniently located clinic provides a full range of high-quality dental services, from general dentistry to more sophisticated implants, prosthesis and orthodontics. DentalPro partners with local dentists and provides them with comprehensive practice management support as well as training, which allows the practitioners to
Private equity investor Actis, has partially exited from its investment in Edita Food Industries (Edita), an independent snack food business in North Africa.
Subject to final completion, Actis has sold a 15 per cent stake as part of a heavily oversubscribed offer through the Egyptian (EGX) and London stock (LSE) exchanges, representing half of its total stake.
The institutional offering was 13.4x oversubscribed and the retail offering was 4.4x oversubscribed. Investors included a wide range of blue-chip institutional investors. The IPO price of EGP 18.5/share reflects a market capitalisation of EGP 6.7 billion (circa USD890 million) for the Company,
Private equity investment firm Pamplona Capital Management is to acquire European pet food producer Partner in Pet Food (PPF) for EUR315 million.
PPF is one of Europe’s largest producers of private label wet and dry pet food, supplying the continent’s top retailers across 37 countries.
Since Advent acquired the business in 2011, PPF has dynamically grown sales, predominantly through new products and innovation. The company has made significant investments in its industry-leading R&D and production capabilities in recent years, along with strategic acquisitions. This investment has enabled PPF to drive significant increases in sales, particularly through the launch of premium
JP Morgan Asset Management Global Real Assets (GRA) has launched Tactical Direct Investments (TDI), a dedicated cross-real assets group.
Under the leadership of Avik Mukhopadhyay, Head of Global Real Assets Tactical Direct Investments, the TDI team will help clients access new opportunities by leveraging the global investment capabilities of the USD82 billion in AUM GRA platform and GRA's long and successful track record of direct investing. GRA currently manages or advises more than USD17 billion of direct and co-investment transactions globally on behalf of clients.
"Institutional investors are increasingly seeking to complement their real asset fund holdings with direct investments.
Victory Park Capital (VPC) has secured a USD51 million credit facility from GE Capital, Franchise Finance and Citizen’s Bank to refinance existing VPC debt and fund long-term growth initiatives of Giordano’s pizza restaurant chain based in Chicago.
The credit facility will contribute to corporate and franchise expansion in key markets outside of Chicago and help fund the development of business enhancements impacting Giordano’s growth strategy.
“We were impressed with GE Capital’s proven reputation as one of the largest lenders in the restaurant finance sector and are confident they will offer strategic value to the overall growth strategy for Giordano’s,”
Le Duff Group, headquartered in France, has acquired the majority of the shares in Kamps GmbH from German Equity Partners III (GEP III), a fund managed by ECM Equity Capital Management (ECM).
The acquisition strengthens its presence in the German quick service gastronomy and bakery market. As part of the envisaged transaction, the Kamps management team, headed by CEO Jaap Schalken, will reinvest into the company and continue to lead Kamps on its growth path as well as support the expansion of Le Duff Group in the German market. The transaction is still subject to approval from the relevant antitrust
Guernsey is at the forefront of standards on tax transparency and information exchange, according to Tony Mancini, Head of Tax at KPMG in Guernsey.
Interviewed by Caroline Hyde on Bloomberg’s Countdown show, Mancini was questioned on how Guernsey was responding to calls for the Crown Dependencies of Guernsey, Jersey and the Isle of Man and other British Overseas Territories to establish public registers of offshore firms. Mancini responded by pointing out that the steps already taken by Guernsey put it ahead of others, including the UK.
“If you are a UK resident or anywhere [else] for that matter and you
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
