Allocations
Opera Finance BV Class A noteholders have voted to accept a credit bid from Utrecht Holdings Sarl, an entity established by private equity funds separately managed by TPG Capital LP and Patron Capital GP LP IV.
The decision ends a 10-month Special Servicer led process which sought to protect the value of noteholders’ investments, after the company’s efforts to find additional equity were discontinued in June 2011. Throughout the process Cairn and Special Servicer, Eurohypo AG, have worked to provide noteholders with the flexibility and opportunity to choose a preferred option.
The acceptance of the credit-led option will allow
Queensgate Investments LLP, a new private equity real estate fund manager, set up by Jason Kow, and LJ Investment Group, has launched a new fund, the Queensgate Investments Fund I, a Luxembourg CSSF regulated Fund.
The Fund has closed with around GBP100 million (USD158 million) of direct, discretionary investment equity and advises approximately GBP400 million (USD632 million) of co-investment equity. The investors are mainly ultra high net worth families.
Queensgate Investments LLP is a joint venture between Jason Kow, former Head of Special Situation for London & Regional Properties, one of the largest privately owned European property companies, and
Private equity firm CVC Capital Partners has completed its deal with Resource America Inc to combine CVC Cordatus Group and Apidos Capital Management to form CVC Credit Partners.
Led by a team comprising Marc Boughton (CEO), Stephen Hickey (Chief Risk Officer) and Chairman Jonathan Cohen, the business comprises USD7.7bn of credit assets across 23 vehicles in the US and Europe. Gretchen Bergstresser and Jonathan Bowers will be Senior Portfolio Managers alongside Group COO, Chris Allen.
Boughton says: "both teams appreciate the significant benefits of being able to offer sponsors and companies access to a broader range of debt capital to
Quantenna Communications, Inc, a specialist Wi-Fi video networking for whole-home entertainment, has closed a USD79 million funding round led by new lead investor RUSNANO, with participation by a second new investor Bright Capital.
All existing major investors, Sequoia Capital, DAG Ventures, Grazia Equity, Sigma Partners, Southern Cross Venture Partners and Venrock Associates have also participated in the financing. RUSNANO will invest up to USD40 million and Sequoia Capital Growth Fund will contribute USD20 million.
Quantenna is experiencing insatiable demand for its disruptive Wi-Fi chipsets that offer the industry’s highest performance and coverage while providing wire-like reliability for wireless video content
Schoology, developer of a cloud-based collaborative learning platform for K-20 classrooms, has closed a new USD6 million round of financing led by FirstMark Capital, a leading NYC-based venture capital firm. Schoology has raised USD9.3 million in funding to date.
Schoology’s mission is to improve communication and collaboration inside and outside of the classroom by socially connecting educators, students and parents to a single platform with the resources they need to drive a better learning experience. Schoology bundles online learning, classroom management and social networking into one, easy-to-use, easy-to-deploy platform that is free to teachers and students. Districts can easily upgrade
Bunge Limited, a global agribusiness and food company, has completed its previously announced acquisition of Climate Change Capital Group Limited (CCCG), the parent company of Climate Change Capital Limited (CCC), a UK-regulated sustainable asset manager and advisor.
James Cameron (pictured), CCC’s Vice Chairman, will replace Vivienne Cox as Chairman. Mark Macleod, CCC’s Chief Financial Officer and acting Chief Executive Officer, will continue as CFO and Director. Alfred Evans will become CEO. Since 2005, Evans has advised Bunge on its internal emission reduction initiatives, overseen emission reduction services provided by Bunge’s Ecoinvest Carbon subsidiary and served as Chief Investment Officer for
Ancor Capital Partners has sold Tritrax Healthcare Services, a home health-care services provider to Dallas/Fort Worth area geriatric patients, to Jordan Health Services, a statewide provider of adult home health services.
"The focus of our growth plan in the home care sector at Ancor is in paediatric care, and we were pleased to find a strategic buyer such as Jordan who valued the Tritrax employees and its reputation in the industry," says Timothy J McKibben, managing director at Ancor. "We are excited about the opportunities that are in front of us in the paediatric sector and look forward to building
Vision Capital has acquired Vitopel from funds advised by DLJ Merchant Banking Partners and JP Morgan Partners.
Vitopel is the market leader in BOPP (bi-axially oriented polypropylene) film production in Latin America, generating over USD300 million of revenue in 2011. Its materials are widely used for products such as snack foods, fresh produce and confectionery products. Vision Capital intends to use Vitopel as a platform for consolidation in the BOPP industry and to capitalise on the high growth potential within the Latin American BOPP film packaging market, driven by increasing commercial and consumer demand.
As part of the transaction, Vision
Friendgiftr, an e-commerce firm providing virtual pre-paid cards through the social web, has agreed to be acquired by private equity firm Aurora Borealis Investments. The terms of the deal have not been disclosed.
"This is huge," says Rob Carpenter, Founder and CEO of Friendgiftr. "Since our launch, we have been working to create innovative virtual solutions for the pre-paid economy, and this acquisition is validation of that. It’s definitely exciting."
Friendgiftr is the first company to have commercialised social media with multiple major merchant brands by providing e-commerce storefronts, mobile storefronts and unique partnerships with digital content providers, among others.
Alarm Capital Alliance (ACA) has partnered with Norwest Venture Partners (NVP), a global investment firm with USD3.7 billion in capital under management.
ACA provides capital return and valuable operational resources to alarm companies via its dealer and portfolio acquisition programs as well as residential security services and home automation technologies to households across the United States.
The security alarm industry is expected to grow into a USD43 billion dollar market by 2015. NVP was drawn to ACA because of this significant market opportunity, an exceptionally strong leadership team and the company’s unique, multi-channel approach, including offerings to a traditionally underserved
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
