Allocations
LGT Capital Partners has held the final close of Crown Co-investment Opportunities plc (CCO), its first dedicated co-investment fund, with total subscriptions of USD432 million.
The program’s investor base consists of 20 institutions, including pension funds, endowments and family offices in Europe, the United States and the Middle East.
Tycho Sneyers, Managing Partner at LGT Capital Partners, says: “Institutional investors have shown an increasing interest in co-investments over the last few years, and with CCO, they achieve exposure to a differentiated strategy. The fund focuses on small and middle market buyouts, investing alongside high quality fund managers in the
Energy-focused private equity firm EIV Capital (EIV) has held the final closing of its second fund, EIV Capital Fund II, with total committed capital of USD267 million, surpassing the fund’s USD200 million target.
Fund II will focus on making growth investments primarily in midstream and related oilfield service energy companies.
After receiving 100% participation from limited partners in its first fund, EIV launched its institutional fund raise for Fund II in June 2014 and completed the raise in six months; attracting a diverse base of limited partners providing strong support for EIV’s midstream focus.
“Our inaugural fund’s strong performance and
Ogier has advised the lenders on the GBP122.6 million acquisition of LSE-listed Waterlogic plc by Castik Capital.
The lenders include GE Capital, HSBC, ING, Santander and Societe Generale and together they provided GBP113 million of senior debt facilities supporting the take-private by private equity fund Castik Capital of the UK based provider of mains-fed drinking water purification and dispensing systems.
Edward Scott, Managing Associate, led on the transaction with Sara Johns, Managing Associate advising on the listed acquisition elements.
Scott says: “The transaction was unusual because the practicalities of taking Jersey law security over the shares in Waterlogic
Preqin has analyzed the performance of over 5,200 hedge funds worldwide throughout 2014 to identify the top performing funds. In an excerpt from the 2015 Preqin Global Hedge Fund Report, league tables reveal the 10 top performing hedge fund vehicles by various strategies and regions, and looks at the characteristics of these successful funds.
The data reveals that three-quarters of the 20 top performing hedge funds employed equity strategies. Other interesting findings include:
• Fifty-seven percent of all top performing funds in 2014 have been active for more than five years.
• Twenty-seven percent of all top performing funds in
Pioneer Underwriters (Pioneer) has launched a new EU regulatory compliant product for alternative investment fund managers (AIFMs).
This specialist product is aimed at AIFMs domiciled outside of the EU, which in addition to providing traditional financial lines cover, also ensures policyholders are compliant with the insurance provision requirement of the EU Alternative Investment Fund Managers Directive (AIFMD) which came into force in July 2013.
Pioneer believes that this is the market’s first solution addressing the needs of non EU domiciled fund managers and forms part of a suite of products covering the specialist risks faced by a wide range
Crosslink Capital has closed its seventh venture capital fund (Ventures Fund VII), with USD170 million of capital commitments.
The new fund, which includes support from both new and existing investors, will enable the Crosslink team to continue to successfully invest in early stage software, mobile, consumer startups that are pioneering innovation in cloud computing, infrastructure, security, and Software-as-a-Service technologies.
Ventures Fund VII will have a strong focus on seed and Series A opportunities, as the Crosslink team continues to collaborate with the leading micro-VC funds to identify emerging investment areas and opportunities. The fund is an equal partnership of four
HourlyNerd, an online marketplace for freelance business talent, has raised USD7.8 million in Series B funding, led by Highland Capital Partners.
Other participants include GE Ventures, Greylock Partners, Intuit founder Scott Cook, the Kraft Group, angel investor Semil Shah, former Etsy CEO Maria Thomas, Rent the Runway Founder/CEO Jennifer Hyman and Boston VC Suffolk Equity Partners.
This new round of funding comes just 11 months after HourlyNerd announced its Series A financing round, led by Highland Capital Partners and Greylock Partners, and just 15 months after announcing a seed funding round led by billionaire angel investor, Mark Cuban. HourlyNerd will
M&A activity in Germany in terms of share to the total value of transactions in Europe. has seen a significant decrease, according to a new report by MergerMarket.
With total declared deal values at EUR55.7bn during 2014, German M&A activity dropped 17.6% compared to EUR67.6bn. However, total deal count for the year was the highest on Mergermarket record with 798 transactions, beating the previous high of 740 set in 2013.
Germany’s deal activity overall constituted only 8.3% to the total value of transactions in Europe during 2014, compared to the 14% in 2013. “Germany saw a decline in industrial
Walden Venture Capital has closed its Fund VIII with USD107 million of total capital to pursue ‘Sprout Stage’ investments in digital media and cloud services.
Based in San Francisco and Woodside, CA, the team has been investing together for over twelve years: Managing Directors Larry Marcus, Matt Miller, and Art Berliner; and Venture Partners Bill McDonagh and George Sarlo. The firm is also pleased to announce Ms. Aditi Rajaram has joined as an Associate from Google.
Walden seeks to invest in those companies whose seed has "sprouted" to demonstrate customer traction or breakthrough technology. Walden has a highly product-centric approach
SMG Europe, the owner of Manchester Arena and the First Direct Arena in Leeds, has acquired event catering and hospitality specialist, CGC Events Ltd.
SMG is a worldwide leader in venue management and, along with its US base, is working on projects throughout the UK, Europe, Middle East and Australasia. The business has a strong foothold in both the domestic and international entertainment venue markets, and also has ownership of the Metro Radio Arena in Newcastle and Odyssey Arena in Belfast, as well as venues in Poland and Germany. It has turnover of £45m and the combined European group has
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
