Allocations
Randy Schwimmer, who heads up senior lending origination and capital markets at Nuveen affiliate Churchill Asset Management, outlines how he experienced the lending market throughout the global Covid-19 crisis and how it keeps evolving in 2021.
Star Mountain Capital’s Lower Middle-Market Strategic Credit Income Fund 3, which closed in June 2020 above its target equity raise (over USD610 million of LP capital including separate accounts), closed a USD225 million asset-based leverage facility, led by ING Capital. to provide what the firm believes to be a modest amount of leverage for its sophisticated institutional and high-net worth investors in the fund.
Star Mountain received strong demand and support from financial institutions with this single closing oversubscribed by approximately 40 per cent.
The lending group consists of ING, CIT, TIAA Bank, Axos Bank, East West Bank, Georgia Banking
Palamon Capital Partners (Palamon) is to sell Feelunique to Sephora, the an omnichannel Prestige Beauty retailer owned by LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group.
The transaction is expected to complete later in the second half of 2021 following customary regulatory clearance. The terms of the sale have not been disclosed.
Headquartered in London, Feelunique is a renowned online retailer of prestige beauty products in the UK, offering its 1.3 million active customers an unparalleled range of 35,000 products from more than 800 established luxury, niche, independent and challenger brands. Palamon acquired Feelunique from its founders,
A start-up with a platform that trains robots to recognise images has completed a GBP2.3 million funding round to help it build its team in Yorkshire and expand sales of its product worldwide.
The investment in Sheffield-based Mindtech Global was led by NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF), with Deeptech Labs and In-Q-Tel participating.
Mindtech’s Chameleon platform reduces the time and cost involved in bringing artificial intelligence (AI) systems to market by changing the way visual AI systems are trained. Visual AI systems can have
Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Arranger and Joint Bookrunner on a senior secured credit facility to support Knox Lane’s investment in Any Hour Services (Any Hour).
Founded in 1961, Any Hour is a market-leading home services company providing thousands of residential customers in the broader Salt Lake City region with a full suite of HVAC, plumbing, and electrical services, including repairs, replacements, and maintenance.
With a long history of organic growth and a workforce of more than 300 employees and technicians, Any Hour’s unique culture and track record of success has positioned it for continued
Sentinel Capital Partners, a private equity firm that invests in promising mid-market companies, has formed a strategic partnership led by funds managed by Blackstone’s GP Stakes business (Blackstone) and including RidgeLake Partners (RidgeLake).
As investors with deep experience partnering with top-tier private equity firms, Blackstone and RidgeLake take a long-term approach to collaborating with general partners. Blackstone and RidgeLake are providing primary equity capital as minority investors.
Blackstone’s GP Stakes business specialises in value-added, long-term partnerships with leading private-market alternative asset managers. The partnership will give Sentinel’s portfolio companies access to Blackstone’s group purchasing programs, which leverage the buying power
HVD Partners is to acquire the assets of Sampsistemi (SAMP) and Sampsistemi Extrusion as part of a scheme of arrangement administered by the Court of Bologna.
SAMP supplies precision machines, spare parts and services to leading wire and cable manufacturers around the globe from locations in Italy, China, Brazil and the United States. Consistent with its long history of superior engineering and Italian craftsmanship, the company designs and manufactures the most innovative and high-performance machines in the industry.
Jouni Heinonen, Managing Partner of HVD Partners, says: “Sampsistemi is a globally recognised Italian champion. We look forward to working with the
Atech Support, a privately-owned, UK cloud service provider has secured significant seven-figure funding from BOOST&Co which it will use to offer additional products and services, to new and existing clients, whilst also supporting its growth plans via acquisition.
Having recently experienced significant scale and increased demand for its cloud services, Atech will continue to lead the way in technology and innovation.
Atech is a specialist in managed services and security, with a particular focus on digital transformation and global support for mid-level enterprises. Through its quality of project delivery and on-going support, the company has grown to become a
HIG WhiteHorse, a credit affiliate of global investment firm HIG Capital (HIG) has arranged a refinancing package for Grupo Hospitalario Recoletas (Recoletas), which includes a significant growth capital component.
Recoletas is a family-owned Spanish private hospital operator headquartered in Valladolid, Spain, with a leading position in the Castilla y Leon Spanish inland region. It operates eight hospitals with c540 beds and 13 medical centres across seven regions.
HIG WhiteHorse has committed EUR110 million in unitranche loans to refinance the borrower’s existing indebtedness and provide additional capital to finance growth, supporting the Company’s expansion. Recoletas is currently developing ambitious projects to
Eurazeo has exceeded its initial fundraising target for its growth strategy dedicated to equity investments in European tech companies. Total funding raised is more than EUR1.6 billion, of which EUR320 million from the Eurazeo Group and EUR200 million from retail clients.
These successful transactions reflect the quality of Eurazeo’s team, the performance of its portfolio and the level of investor interest in its Growth strategy, currently one of the most active and best-known strategies of its kind in Europe.
The strategy was initiated in 2014 and aims to support leading tech companies in the fields of B2B SaaS, digital
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm