Allocations
Krokus Private Equity has signed an agreement to acquire 75% of the shares in Termo-Organika Sp. z o.o. Krokus PE has made this investment together with the Management of the Company in buyout from the international construction material group CRH plc.
Termo-Organika is Poland’s leading producer of wide range of housing insulation products made of polystyrene foam. The Company also sells a range of branded complementary products like adhesives, plasters, mortars, paints in its ‘Platinum insulation system’ as well as other products (e.g. XPS). Termo-Organika insulation systems are used for facades, roofs & floors, foundations etc.
The company is the
Investcorp, a global provider and manager of alternative investment products, has acquired Sur La Table, a leading national kitchenware retailer with locations across the United States. The terms of the transaction have not been disclosed.
Sur La Table was acquired from the Behnke family and investment firm Freeman Spogli & Co. who will both remain as investors in the company.
With its headquarters in Seattle, WA, Sur La Table is a multi-channel retailer that sells through 86 stores in the United States, as well as through its catalog, website and gift registry. It offers a broad selection of kitchenware brands
NICE Systems has agreed to acquire Advent portfolio company Fizzback, a leading provider of real time customer experience management software, for approximately USD80m.

Advent Venture Partners’ team built a strong partnership with Fizzback, having backed its founder and CEO Rob Keve in late 2006, and becoming the company’s largest shareholder. Advent was instrumental in bringing important hires, customers, partners and advisors to the company, both in Europe and the US. The deal is expected to complete during autumn 2011.
The sale generated a multiple of over 5x Advent’s investment, and is the fourth exit by the Technology team in 2011.
ActivePath, developer of ActiveMail Interactive Email and Messaging solutions, has secured a USD10 million financing round led by Battery Ventures and Gimv NV, with participation from existing investors including Genesis Partners.
ActivePath will deploy the capital to accelerate product development and drive sales and marketing penetration in the Americas and Europe. In connection with the funding, Scott Tobin, General Partner at Battery Ventures, and Steven Coppens, partner at Gimv’s Venture Capital team, will join ActivePath’s Board of Directors.
“Email marketing is an enormously huge and rapidly growing market that’s on the cusp of a major transformation. Whether it’s commercial
Steadfast Capital has achieved a first close of its third fund at EUR104 million in just four months.
Support from existing investors Electra, Axa and F&C combined with the addition of some well regarded new institutions including EIF, Goldman Sachs, IdInvest, Graphite and Swiss Re enabled the fund, which launched early this year with a final target of EUR250 million, to reach this important milestone.
Steadfast Capital’s ongoing commitment to its proven investment strategy, which has been undertaken successfully for preceding funds, played a key role in securing investor support. The firm, which specialises in the German mid-market, targets
Cortus has closed a funding round led by financial partners Credit Agricole Entreprises and Banque Dupuy de Parseval and institutional partners OSEO and the Region of Languedoc-Roussillon.


Since starting in 2005, Cortus has completed the development of an extensive ecosystem for its APS3 core and achieved key design wins in a variety of rapidly growing market segments. The new funding secures the international expansion and development plans over the next three years allowing Cortus to scale their technical and business development activities. Cortus are now accelerating the recruitment of talented individuals for both engineering and sales roles.


Cortus’ 32 bit
Buried in the recent consultation paper on the Alternative Investment Fund Managers Directive (AIFMD) are stringent rules on pay that will have far reaching consequences for the asset management industry, say experts at PwC.
The rules, from the European Securities and Markets Authority, will affect alternative investment firms which escaped the FSA’s regulations on bank pay, including many private equity houses and hedge funds. They will also mean more onerous restrictions for those investment firms already caught by the FSA requirements, and could even hit some firms outside Europe.


The rules are in line with those introduced to other
PerTrac has launched new releases of its analytics solutions, PerTrac Analytics 7.2 and PowerLink 1.2. The powerful, new versions handle all data frequency types including daily data for investment analysis, strategy comparison and fund benchmarking.


In response to investors’ increased need to balance risk and liquidity, the investment industry, including alternatives, has been moving to funds that provide daily NAVs. This requires high frequency analysis to access value and liquidity.


“Investors and funds need to be able to analyse daily and weekly data quickly and comprehensively,” says Brendan Dolan (pictured), Co-President of PerTrac. “Our new release handles daily data and
Make sure you stay ahead of the game by attending the CISX International Business Summit where you can pose your questions to industry leaders.
Regulatory Reforms Post Financial Crisis
Tajinder Singh, Deputy Secretary General, International Organisation of Securities Commission, (IOSCO)
Diversification and Durable Portfolios Panel Session:
Anthony Hilton – Moderator
Jon Moulton, MD, Better Capital, LLP
Paul Wharton, Chief Investment Strategist, Deutsche Bank
Robert Parker, Senior Advisor, Credit Suisse
Repetition is Reputation
Helena Morrissey, CEO, Newton Investment Management
The Challenge of Change
Michael B Jackson, Corporate Marketing and Business Strategist
Risk Management
Dr James Chu, MD & Chief Investment Officer,
Apex Fund Services, a fund administration business, has opened its Luxembourg office.
Apex will begin providing administration services from Europe’s largest fund domicile.
The Luxembourg office opens with ten Ucits and regulated SIF Sicav funds.
In addition to offering services for all types of public and private Luxembourg funds, the Luxembourg office has also been appointed as fund administrator for three fund platforms. These are:
1. Luxembourg Fund Partners Platform for the re-domiciliation of offshore funds, alternative investment fund manager activities and the set-up of non-Ucits vehicles;
2. Amiri Shariah Equities Platform, a plug and play solution for establishing a Luxembourg Shariah
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
