Allocations
Quantile Technologies (Quantile), a provider of portfolio optimisation services for the global financial services market, has secured a USD51 million (GBP38 million) minority investment from Spectrum Equity, a growth equity firm focused on internet-enabled software and information services companies. The investment will accelerate the next phase of Quantile’s growth as it develops new services and expands into new markets to better serve its clients. Spectrum is the first institutional investor to back Quantile’s experienced founding team.
At the core of Quantile’s platform is a powerful optimisation engine providing advanced compression and risk rebalancing services to banks, hedge funds and other financial
Weezy, a UK-based on-demand supermarket that delivers groceries in 15 minutes on average, has raised USD20 million in Series A funding to expand its grocery delivery service across London and the UK.
The investment round was led by New York-based VC Left Lane Capital, with participation from UK-based DN Capital, as well as existing investors Heartcore Capital and angel investors including Chris Muhr, founder of Groupon.
Left Lane Capital managing partner Harley Miller will join Weezy’s board following the deal. The capital will be used to expand the company’s London-based team by 50 employees over the next four months.
“This
Sandberg Capital has closed its second private equity fund – Sandberg Investment Fund II – at EUR109 million. For the first time Sandberg welcomes the European Investment Fund and Tatra banka among its investors.
Albion Capital has completed the sale of its stake in full fibre broadband operator G.Network to the Universities Superannuation Scheme Limited (USS) and Cube Infrastructure Managers (Cube), generating a 3.8x return for its venture capital trust (VCT) investors.G.Network installs state-of-the-art full contiguous fibre broadband infrastructure in London. Albion invested in the company in May 2017 when it had installed fibre into three street units in the capital. With Albion’s funds G.Network expanded to install in more than a hundred streets; in 2018 the business raised further funds from European infrastructure investor Cube and has now grown to offer full fibre
Souther Coach, a portfolio company of operations-focused private equity firm Industrial Opportunity Partners (IOP), has acquired Southern Coach. Terms of the transaction have not been disclosed.
Idinvest Partners has provided a flexible unitranche package to refinance existing indebtedness and support Kinetics Group in its ambitious development plans.Kinetics Group is a global service provider and manufacturer of integrated services and critical process equipment for high purity processes in advanced technology industries (www.kinetics.net)
Owned by Quadriga Capital Funds, the Group’s solutions portfolio ranges from engineering and installation (plan, design, build), to critical process equipment and technical facility management services (operating and maintenance), serving over 300 customers predominantly in the semiconductor and biopharma sectors and employing approximately 1700 people in 22 offices in North America, Europe, the Middle
Neuberger Berman’s NB Strategic Co-Investment Partners IV (Fund IV) has closed above its target with over USD2.1 billion of commitments.Fund IV will seek to build a diversified portfolio of direct co-investments in buyout and growth equity transactions alongside high quality private equity sponsors. The successful fundraise demonstrates the continued growth of Neuberger Berman’s co-investment strategy, which has deployed over USD11.5 billion into direct co-investment transactions since its inception in 2005.
Neuberger Berman’s private equity platform and well-established relationships with best-in-class private equity managers provide access to attractive investment opportunities. Neuberger Berman manages over USD90 billion of committed capital to private
Mid-market private equity firm NorthEdge has invested in Helios Medical Communications (Helios), a full-service, independent, global healthcare communications and strategic consultancy, to support its UK and international expansion plans.The Cheshire-headquartered agency works with global pharmaceutical clients to deliver high-quality, high-impact bespoke solutions across a range of services including medical writing, advisory boards, training and symposia.
Helios, which ranked 17th on the 2020 Sunday Times FastTrack 100, has achieved growth through a commitment to excellence in delivery, facilitated by investment in people and a focus on team culture.
NorthEdge’s investment will support Helios’ future growth plans. In addition to
Astorg has signed a definitive agreement with the founders and IK Investment Partners (IK) to invest in Third Bridge (Third Bridge). The founders will remain majority owners with Astorg taking a minority position.
Carne Group, a digitally driven platform for the asset management industry, has secured a EUR100 million investment from Vitruvian Partners. The investment will be used to expand Carne’s client led technology solutions and will see Vitruvian Partners take a minority stake in the business. The investment is subject to regulatory approval.
Founded in 2004, Carne has grown to be the global leader of fund management solutions, including being the largest third-party fund management company in the world. Carne’s 350 employees in eight locations across the world manage the governance, compliance, regulatory and substance requirements for more than 550 of the world’s
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm