Allocations
Portobello Capital has announced a new investment fund of EUR350 million that will be placed entirely in the secondary market.The main objective of the new fund, Portobello Secondary Fund II, will be to promote the growth and internationalisation of two of its portfolio companies, Angulas de Aguinaga and Industrias Alimentarias de Navarra (IAN), owner among others of the Carretilla brand products.
With this new Fund raised, the second so far this year, Portobello consolidates itself as a leading and reference manager in the Spanish and European private capital market.
The new fund will also have an additional EUR100 million to
Ironwood Capital has made an investment in Cox Transportation Services (Cox), a provider of truckload freight services. The majority recapitalisation was led by Expedition Capital Partners and Tecum Capital, with a subordinated debt and equity investment provided by Ironwood Capital. The three groups joined to back CEO Jay Smith in support of the company’s continued growth.
Established in 1982, Cox provides freight hauling and brokerage services to customers in a diversified group of industries across the U.S. The Company specialises in transporting time-sensitive full truckload freight on a local, regional and national basis. Cox also operates a brokerage division that serves
Pacer Ventures, a venture firm for sub-Saharan Africa, has launched a USD3 million fund for early-stage startups, aimed at solving the most critical problems on the continent. Registered in Delaware, with operational offices in Lagos and Johannesburg, Pacer VC is focusing on verticals that are expedient to the African continent, including healthcare, financial inclusion, education and agriculture.
The UN projects that Africa will have a population of 1.68 billion people by 2030, while the GSMA Mobile Economy Report states that 84 per cent of Africa’s population or one billion people will have access to a SIM connection by 2025.
“We see
Israeli VC firm Peregrine Ventures has launched its fifth fund and first growth fund, Peregrine Growth, focused on late stage life science companies that are on the verge of an IPO or M&A deal.
Peregrine Growth will invest USD20 to USD30 million per round in sectors including medical devices, pharma and digital health.
“With the renewed focus on biotech, health, and life science in the wake of the COVID-19 crisis, the potential of Peregrine Growth is great,” says Eyal Lifschitz, managing partner and co-founder at Peregrine Ventures.
Several of Peregrine’s current portfolio companies have pivoted to combat Covid-19. For example,
Alternative investment firm Värde Partners has held a final close of The Värde Dislocation Fund with more than USD1.6 billion of commitments. Raised entirely with no in-person meetings, 55 per cent of commitments to the fund come from new investors.
“The strong demand for this strategy from a diverse, global investor base underscores expectations for a deep credit cycle,” said president Jon Fox. “We took innovative steps to engage investors through virtual platforms and were able to exceed our target in just five months.”
The fund will invest in opportunities presented by the market dislocations and economic disruption following the pandemic.
Dyal Capital Partners (Dyal), a division of Neuberger Berman, has acquired a passive minority stake in TowerBrook Capital Partners (TowerBrook), a London and New York-based international investment firm. Dyal’s investment into TowerBrook’s management company will provide additional balance sheet capital, enabling TowerBrook to increase its commitment to its funds under management, strengthen the foundations of the firm and further pursue its successful investment strategy.
Dyal’s investment builds on the successful 2015 investment by Wafra Strategic Investors, which will remain a minority investor alongside Dyal. TowerBrook’s partnership with Dyal will have no impact on the day-to-day management or operations of TowerBrook,
Eventus WholeHealth (Eventus), a private equity-backed full-service, physician-led provider of interdisciplinary healthcare to individuals residing in skilled nursing and assisted living facilities, has acquired Doctors Making Housecalls (DMHC), a home-based primary care provider that makes more than 160,000 house-calls to patients each year. The merged multi-specialty group practice will have a total of over 550 clinicians and employees providing integrated primary care, specialty care, and behavioural health services to more than 27,500 patients in long-term care facilities as well as those still living at home, and will be the largest healthcare provider to senior residents living in assisted living facilities in
Ironwood Capital has made a subordinated debt investment in Peltram Plumbing, a plumbing service provider based in Seattle, Washington, with a primary focus on the residential construction market. Peltram will use the proceeds from the Ironwood Capital investment to complete its acquisition of Precision Plumbing and Service, LLC, a plumbing services provider based in Charlotte, North Carolina, with a primary focus in the commercial construction market. Peltram is a portfolio company of Crescendo Capital Partners.
“The combined entity will be a bi-coastal plumbing service provider in growing regional markets with end market diversification and complementary cultures. Post-closing integration includes purchasing synergies,
Livingbridge, a UK mid-market private equity investor, has invested in eCommerce platform provider Visualsoft.Founded in 1998 by CEO Dean Benson and headquartered in Teesside with offices in Newcastle, Manchester and Dubai, Visualsoft provides SMEs with an industry-leading end-to-end eCommerce solution, including initial site development and ongoing support, alongside wrap around digital marketing services. The offering is delivered under a unique shared success model, which empowers retailers by removing upfront build costs and ensuring complete alignment between Visualsoft and its clients as they grow. With over 280 staff led by a strong management team, and a secure platform developed and supported
Veteran impact investing firm North Sky Capital (North Sky) and development, technology, and operations partner Anaergia Services (Anaergia), have begun construction of a renewable natural gas facility at the Victor Valley Wastewater Reclamation Authority (VVWRA), located in San Bernardino County, California.The Public Private Partnership (P3) involving VVWRA, Anaergia and North Sky demonstrates a replicable model to meet California organic waste recycling mandates and improve wastewater infrastructure resiliency: retrofitting anaerobic digestion infrastructure to convert organic waste and sludge into pipeline quality renewable natural gas.
The project will utilise Anaergia’s Omnivore high solids anaerobic digestion retrofit to triple capacity and increase
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
