Allocations
Private equity firm American Securities’ opportunistic credit business, Ascribe Capital, has merged with Birch Grove Capital (BGC), a credit asset management business.
The combined entity, which will be named AS Birch Grove, manages approximately USD5 billion in assets across an opportunistic hedge fund, private credit vehicles, and par credit and collateralised loan obligation vehicles. AS Birch Grove, along with its funds, will be well positioned to become a more diversified credit asset management business.
In the near term, AS Birch Grove has over USD1 billion in capital to invest in opportunistic credit situations across leveraged loans, high yield and convertible
Unigestion, an independent, specialist asset manager, has already deployed over 40 per cent of its second direct private equity fund after closing at over EUR600 million.
Unigestion Direct II (UDII), which provides investors with access to a portfolio of direct investments in high quality small and mid-market companies, has invested in 12 companies located across Europe and the US. These companies play long-term growth themes such as Nutrition, Tech-enabled services and Healthtech and are therefore less sensitive to GDP. They include a Spanish provider of flavourings for vegetarian and vegan food, a US leading developer of specialty precision components for
Rwanda Finance Limited (RFL) and the East Africa Venture Capital Association (EAVCA) have formed a new partnership to enable private investment in Africa through their respective mandates.
The partnership between RFL and EAVCA will provide a platform for Rwanda to increase its attractiveness and competitiveness as a business and financial hub for private equity and venture capital activities through the Kigali International Financial Centre (KIFC). EAVCA, whose core mandate is to advance East Africa as a private capital destination while ensuring a favourable environment for trade for the business and financial sector, will promote KIFC within its network and connect
Waystone, a provider of institutional governance, risk and compliance services to the asset management industry, has secured significant investment from Montagu Private Equity, a European private equity firm, to accelerate its global growth strategy.
The investment represents a significant opportunity for Waystone to build upon its current expansion plans and continue to invest in offering its clients an extensive set of global solutions and unrivalled quality of service. The investment, which is subject to regulatory approval, will see Montagu take a strategic stake in the business and support the next phase of Waystone’s growth.
The investment will also conclude
IK Investment Partners-backed LINXIS Group, a provider of specialised equipment for the food and health industries, has acquired Bakon, a specialist in food processing and bakery equipment from managers and current investor Rabo Investments.
Bakon’s activity complements the “Portion Process” division of LINXIS, represented today by the company Unifiller, and enriches its expertise in depositing, but also in ultrasonic cutting and spraying processes. Its experience in managing industrial line projects will enable LINXIS Group and its companies to address larger markets, both in terms of activities and geography.
“With Bakon’s acquisition, LINXIS Group will further strengthen its expertise and
An affiliate of HIG Capital (HIG) has successfully completed the sale of Bigsal, an animal nutrition company in the north region of Brazil, to Trouw Nutrition, a subsidiary of the Nutreco Group, a leader in the sector.
Over the last five years, HIG partnered with Bigsal’s management to invest in the expansion and modernisation of the Company’s factory, which allowed a growth rate of over 50 per cent in revenues, and propelled the Company into a leading position in the states of Rondônia, Acre, Amazonas, and in the northern region of Mato Grosso, one of the main markets for the
A record number of refinancings and recapitalisations have been completed in the first quarter of 2021 in the UK, according to research from global investment bank GCA Altium.
The firm’s ‘MidCapMonitor’ report, which analyses debt transactions across several major European markets, found that 71 deals were completed in the UK in Q1 – the highest amount for a single quarter since the firm established the research in 2015.
The figures also represent more than half of the completed transactions during 2020, highlighting the strong bounce-back of the deals market following the Covid-19 pandemic. Record performance in the UK has
CBRE Caledon Capital Management (CBRE Caledon), the private infrastructure investment arm of CBRE Global Investors, has closed the previously announced acquisition of WANRack, after receiving all regulatory approvals.
WANRack is a fibre operator and developer providing broadband connectivity services, primarily to K-12 school districts across the United States.
CBRE Caledon completed this investment on behalf of a fund sponsored by the firm as well as one of its separately managed accounts. WANRack’s management retains an equity stake in the company, and the business will continue to be led by its original founder and CEO, Rob Oyler.
“We are excited to
Alliance Asset Management, a UK provider of vehicle fleet solutions, has secured a GBP5 million facility that will be used to support the company’s growth on the back of recent major contract wins.
The firm offers vehicle rental and leases to businesses and educational establishments across the UK, working with fleets ranging in size from one to 10,000. The independently owned business, which has been operating for more than 24 years, manages all aspects of vehicle rental, from booking to sourcing vehicles and helping to reduce unexpected costs such as excess mileage and damage.
The investment will bolster Alliance
Access Holdings, a Baltimore-based mid-market investment firm, has partnered with Oasis Marinas (Oasis) to support the company’s growth.
Based in Annapolis, Maryland, Oasis Marinas is the premier third-party marina management company in the United States, providing marina owners support across all aspects of marina management while ensuring boaters receive consistent, quality service and experience. Access Holdings will support Oasis as it scales its operations and bring new tools and technologies to innovate and optimise the customer and marina owner experience. Through its purposeful and systematic approach to scaling businesses, Access will support and enhance Oasis’ ability to provide best-in-class service
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
