Allocations
Teralys Capital has made an investment of CAD65 million in TVM Life Science Ventures VII ("TVM LSV VII" or the "Fund"), which closed on an initial size of CAD150 million. The Fund will focus primarily on early stage drug development and life sciences company opportunities.
The investment by Teralys Capital, together with investments by Eli Lilly and Company (NYSE:LLY; "Lilly") and other partners, enables a new investment model in Québec, which will involve the formation by the Fund of single therapeutic asset companies and benefit the entire local life sciences ecosystem of researchers, entrepreneurs, business partners and service providers.
TVM
Lighting Science Group Corporation has completed the final round in a series of private placements totalling approximately USD140 million in equity funding and commitments, of which approximately USD88 million is new equity funding and commitments and approximately USD52 million represents the conversion of certain bridge financings occurring since the fourth quarter of 2011.
The proceeds from the new equity funding and commitments will be used to finance the Company’s growth, expand its manufacturing capabilities, and enhance its leadership position in developing innovative energy-efficient LED lighting products for consumer and commercial applications in both the public and private sectors. This new
Phoenix Equity Partners, a UK middle-market private equity firm, has invested in CloserStill, a business-to-business exhibition organiser, in a transaction which values the business at circa GBP25 million.
This is the sixth investment from Phoenix’s GBP450 million fund, which was raised in 2010, and is a partial exit for NVM Private Equity ("NVM"), which delivers an excellent return on their original investment.
Phoenix is backing the existing management team of CloserStill, led by Andy Center (CEO), Phil Soar (Chairman), Phil Nelson and Michael Westcott.
Phoenix’s investment, together with an ongoing investment by NVM, marks an exciting new phase in CloserStill’s
Cell Therapeutics has entered into an agreement to sell, subject to customary closing conditions, USD40 million of shares of its Series 15 Convertible Preferred Stock and warrants to purchase shares of its common stock (and the shares of common stock issuable from time to time upon conversion of the Series 15 Convertible Preferred Stock and exercise and exchange of the warrants) in a registered offering to an institutional accredited investor (the "Initial Purchaser") in two USD20 million tranches (the "Offering").
CTI plans to use the net proceeds from the Offering to finance the purchase price and related fees and expenses
Investec Growth & Acquisition Finance (GAF), part of Investec Specialist Bank, has provided LDC with a debt financing package to support the management buy-out of Ocean Outdoor (Ocean) from Smedvig Capital.
Ocean operates 28 sites across the UK and is a leading operator of digital ‘out of home’ advertising sites specialising in iconic digital advertising sites including the IMAX, a number of Westfield shopping centre sites and Two Towers West on the Hammersmith flyover.
LDC and Ocean aim to expand their portfolio of sites and to continue developing their existing portfolio of high quality sites.
Stephen White, Investec
Pan-African equity specialist Emerging Capital Partners (ECP) has invested in Nairobi Java House, a leading Kenyan café and casual dining restaurant operator.
The deal marks the first private equity deal in the restaurant sector in East Africa, and ECP’s second investment in the East Africa region from its latest fund, ECP Africa Fund III. In conjunction with this investment, ECP has announced it will be opening a new office in Nairobi, Kenya.
Nairobi Java House launched operations in 1999 and has since expanded across Nairobi, serving African-grown coffee alongside a full menu of international cuisine. Nairobi’s affluent and middle
August Equity has completed a buy-in management buy-out (BIMBO) in Aspirations Care Group (Aspirations), a community care services provider specialising in supporting individuals with complex and challenging behaviour.
Aspirations is headquartered in Gloucester and provides high quality and specialist supported living and community support for children and adults who have mental health problems and/or profound learning disabilities, autism and those who can display complex and challenging behaviours. It currently provides services nationally to over 700 people and employs over 1,000 staff.
August Equity is backing a strong team led by CEO, Christine Cameron. Christine has 20 years’ experience in the
Macquarie Group Ltd (Macquarie) is acquiring a 42.5% stake in sugar and ethanol advisory, supply chain management and trading firm C Czarnikow Ltd from Wilmar International Ltd, which will cease to be a shareholder.
Bringing significant expertise in agricultural risk management, Macquarie will work alongside co-shareholders, Associated British Sugar and Czarnikow management, to support the company’s growth and future development.
This revised structure has no impact on Czarnikow Group Ltd’s day-to-day operations.
Robin Cave, CEO of Czarnikow Group Ltd, says: “We have achieved a balanced shareholding structure with the necessary expertise and flexibility to help us achieve future
Global financial information services company Markit has agreed to acquire Cadis, a global enterprise data management specialist platform.
Cadis’s platform addresses a multitude of data management needs including front-to-back office integration and data frameworks for trading, pricing, risk and compliance management.
The acquisition comes at a time when financial institutions are becoming increasingly reliant on EDM platforms to manage their big data challenges, reduce risk and comply with new regulations including Dodd-Frank, Basel III and Solvency II.
Lance Uggla (pictured), CEO of Markit, says: “Data management is top of our customers’ agenda; the scale and sophistication of the data they
Golden Seeds has joined a list of top-tier investors in Triptrotting, Inc’s Series A financing of USD1.5 million.
Triptrotting is a global community connecting world travellers with like-minded local hosts for meet-ups and authentic experiences. Co-investors included Google Ventures, Idealab, LaunchpadLA, 500 Startups, WI Harper Group and individual angel investors. The capital will fuel further development of the company’s social platform as well as providing marketing power to expand its global user base.
Triptrotting’s mission is to connect people with similar interests from different corners of the world, who otherwise might never have met each other. Through face-to-face interaction, people
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
