Allocations
A new report from eFront, the leading financial software and solutions provider dedicated to Alternative Investments, shows that private equity holding periods extended in 2020 to a record 5.4 years on average, at the same time as returns dipped.
The data also showed that investments held for longer periods tend to produce higher returns – though this was not the case in 2020.
Holding periods in private equity have increased significantly since 2010, rising from an average of 3.8 years to 5.4 years.
Returns generally rise as holding periods increase, with companies held for less than two years on average
Middle-market private investment firm Comvest Partners’ direct lending platform, Comvest Credit Partners, has held the final close of its latest flagship fund, Comvest Credit Partners V (CCP V), with over USD1.3 billion of equity commitments.
The fund has also secured credit facilities to increase its available capital.
To date, CCP V together with parallel funds and separately managed accounts, has provided credit to more than 35 new and existing portfolio companies.
Robert O’Sullivan, Managing Partner of Comvest Credit Partners, says: “We are pleased to mark the close of CCP V and are grateful for the strong support of both our
Endeavour Vision has closed Endeavour Medtech Growth II (EMG II) at USD375 million in capital commitments. The fund will pursue the same strategy as its predecessor: to support growth-stage medtech and digital health innovations that advance the standard of care and bring efficiencies to healthcare systems.
Venture capital and growth equity firm Endeavour Vision has a 20-year history of investing in growth-stage medtech and digital health companies in Europe and the US. Here Private Equity Wire asks Bernard Vogel, co-founder and managing partner, and Meret Gaugler (pictured, above-right, with Vogel), head of investment strategy, for their thoughts on the innovations and key drivers that are shaping the sector’s future.
RM Funds, the Investment Manager of the listed specialist in social and environmental infrastructure, RM Secured Direct Lending (RMDL), has provided a bilateral GBP13 million senior secured three-year term loan facility to Athena Healthcare Group (AHG).
The financing will support AHG in funding the construction of an institutional-grade purpose built 205 bedrooms care village in Lytham, England. The aged care scheme is expected to reach completion and start trading by early Q2 2022. This is RM Funds’ second transaction with AHG, having previously completed on a GBP7.8 million construction facility in Q4 2020. RM Funds is focused on providing
Perception Point, a specialist email and collaboration security company, offering fast interception of content-based attacks as a service, has raised USD28 million in Series B funding, bringing the total funding to USD48 million.
The new funding round was led by Red Dot Capital Partners and joined by global investor NGP Capital along with existing investors Pitango Venture Capital and State of Mind Ventures (SOMV). Yoram Oron and Atad Peled from Red Dot Capital Partners, and Bo Ilsoe from NGP Capital will be joining the company’s board of directors. Funds from this round will be used to fuel rapid growth,
Novo Holdings has joined the USD80 million Series C financing in Halodoc, an Indonesia-based healthtech platform, which was led by PT Astra Digital Internasional, a subsidiary of PT Astra International Tbk (Astra) and joined by existing and new investors including Temasek, Telkomsel’s TMI, Acrew Diversify Capital Fund, Bangkok Bank,UOB Venture Management, Singtel Innov8, BliBli, Allianz X, and Openspace Ventures.
This is the first investment by the Novo Holdings Asian life sciences team in Singapore following set up in 2020.
Founded in 2016, Halodoc is a digital healthcare platform that includes a mobile app and website allowing customers across Indonesia
Funds managed by leading global investment firm KKR will be joining long-time partner, Oak Hill Capital, and management as investors in MetroNet. As part of the transaction, Oak Hill and KKR will each make new investments to help accelerate MetroNet’s growth in building and connecting fiber-to-the-premise (FTTP) data, television, and telephone services to homes and businesses. This year, MetroNet launched services in its ninth state as it continues to expand its fibre footprint to local communities across the country.
“We value our long-standing partnership with Oak Hill and are proud to welcome our new investors at KKR,” says John Cinelli,
Pemberton, a European private debt manager transforming traditional credit markets, backed by one of Europe’s largest insurers, Legal & General Group PLC, has provided facilities to support the full refinancing of Elatec, a technology company providing global RFID technology solutions, backed by private equity firm Summit Partners.
Elatec is a leading global provider of highly-configurable RFID (radio frequency identification) technology solutions used in a variety of end-markets and industry applications, including printing, physical access control, computing, manufacturing and the Internet of Things (IoT). The company designs and manufactures both contact (SmartCard) and close proximity contactless (NFC, RFID, Bluetooth) readers/writers that
Rothschild & Co and Arrowpoint Advisory have advised Paine Schwartz Partners on the buy-out of Kynetec from Inflexion.
Kynetec provides market research for the agriculture and animal health industries, helping companies around the world understand the dynamics of their marketplaces, turning research into business opportunities and enabling clients to create winning strategies. Leveraging proprietary data sources and processing capabilities, Kynetec offers customers a suite of data-driven reporting and tracking solutions, as well as insight studies. Led by an experienced management team and based in Newbury, England and St. Louis, Missouri, Kynetec has 400-plus customers in more than 80 countries.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
