Allocations
The Mochi Ice Cream Co and its majority owner, Lakeview Capital, have closed a financing in partnership with Bregal Partners, a New-York based private equity firm focused on investing in middle market companies within consumer and food sectors and committed to promoting corporate social responsibility in all aspects of its business.Headquartered in Los Angeles, California, My/Mo Mochi Ice Cream is the creator of the modern frozen snack category and the leading national mochi ice cream brand currently available in over 30,000 retailers throughout the United States. The company has over a 100-year history and is widely credited with inventing mochi
Wellington Management (Wellington) has held the final close of its private equity strategy Wellington Hadley Harbor III with USD1.8 billion in commitments and up to USD400 million from co-investors to invest alongside the Fund.The Fund seeks capital appreciation by investing in private late-stage companies that need capital to sustain or accelerate growth prior to a potential IPO or sale.
Michael Carmen, CFA, senior managing director, Private Equity lead portfolio manager, and co-head of Private Investments at Wellington, said, “Wellington Hadley Harbor III is designed to take advantage of the greater value creation and capture opportunities available in today’s private
Monarch Alternative Capital LP, a distressed and opportunistic credit investment firm, has held the final close of Monarch Capital Partners V with approximately USD3 billion in capital commitments.Monarch Capital Partners V launched in early 2020, ahead of the Covid-19 pandemic, given the evolution of Monarch’s closed-end funds and the firm’s expectations of a growing pipeline. The fund began investing upon the first close in May 2020 and has been actively deploying capital. Monarch’s seasoned team, which has been together through multiple distressed cycles, is well positioned to capitalise on the dynamic and unpredictable environment arising from Covid-19. MCP V will
Manchester-based developer and provider of software for the legal sector Summize has secured an additional GBP1 million investment in a funding round led by NPIF – Maven Equity Finance.NPIF – Maven Equity Finance, which is part of the Northern Powerhouse Investment Fund and managed by Maven Capital Partners, originally invested GBP500,000 in Summize in March 2019.
This follow-on investment includes £500,000 from the UK Government’s Future Fund and additional capital from tech investor Charles Sharland. It will help the business to grow its customer base both at home and overseas.
Established in 2018, Summize is a lightweight piece
New independent private equity firm Ten Coves Capital has assumed the management of two Napier Park Financial Partners growth equity funds, with an aggregate of USD325 million in committed capital, and will continue to support existing growth equity portfolio companies and investors.The firm will be led by Managing Partners Steve Piaker, Dan Kittredge and Ned May, who will be joined by Steve Lula and Kyle Kruse. Manu Rana will participate as a Founding Partner and Senior Advisor; he will remain a Partner at Napier Park continuing to lead their real assets investment business.
“The launching of the Ten Coves
Macfarlanes has advised long-standing client Alcentra on the successful fundraising of its second European strategic credit fund which has closed at EUR557 millio.This capital will be used to continue Alcentra’s strategic credit strategy investing in stressed and distressed debt opportunities, with assets under management for its European strategic credit platform rising to over EUR1.5 billion.
The Macfarlanes advisory team was led by investment management partner Sam Brooks with assistance from senior solicitor Henry Stewart-Brown and solicitor Miriam Cable. Tax advice was provided by tax and reward partner Damien Crossley with assistance from senior solicitor Shaul Steinberg and fund finance
Fintech company Outfund has closed a GBP37million late seed round of capital, including debt and equity. The funding round was led by Fuel Ventures and sees TMT Investments and Force Over Mass also invest in Outfund as it provides a faster, fairer and more affordable way for SMEs to raise growth capital. The pandemic is driving more people to shop online with an expected 19% increase in e-commerce sales and with the “golden retail quarter” upon us, many businesses will need to grow and sell more on the web in order to grow revenues and profitability. This means investing more capital
Foresight Group (Foresight), an independent infrastructure and private equity investment manager, has celebrated the three-year anniversary of its FP Foresight UK Infrastructure Income Fund (FIIF).Total return on the three years to 4 December 2020 was 28.14 per cent, outperforming the FTSE All Share by 26.51 per cent (1.63 per cent return from FTSE All Share over same period), during one of the most volatile and unpredictable periods of recent market history. During 2020, the fund has outperformed the FTSE All Share by 7.45 per cent with lower drawdown and volatility, as well as low equity correlation. In each of the
Arma Partners has acted as exclusive financial advisor to Exclaimer, a portfolio company of Livingbridge, on its sale of a majority stake to Insight Partners with participation from Farview Equity Partners. Livingbridge will reinvest alongside Insight Partners and Farview Equity Partners as a minority shareholder to retain equity exposure to the growth of the company under its new ownership structure.
Founded in 2001, Exclaimer offers centralised email signature management software to more than 40,000 customers. These solutions enable companies of all sizes to manage their employees’ signatures efficiently and deliver consistent branding, promotions, disclaimers and compliance statements, while substantially saving time,
Gaia Capital Partners has masde its first investment in the UK in a USD40 million growth round for gohenry alongside US funds Edison Partners, Citi Ventures and Muse Capital. This is its fourth investment in one year after Welcome to the Jungle in late 2019, Aircall last spring and Yubo in November 2020. For all of these growth rounds, Gaia Capital Partners has co-invested alongside leading international investors.
Launched in the UK in 2012 on a mission to innovate both financial education and digital banking, gohenry is a financial education app and prepaid debit card, in partnership with Visa in the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
