Allocations
Andera Partners has completed the single closing of its ActoMezz IV sponsorless mezzanine fund, exceeding its initial hard cap of EUR500 million. This new fund, raised in record time despite the Covid-19 crisis, is the largest completed to date by Andera Partners and 60 per cent bigger than the previous ActoMezz vehicle, which also saw a single closing above its initial hard cap in July 2017, at EUR315 million.
Investors in ActoMezz III showed strong support for the team and its strategy through a re-up of more than 110 per cent. Ten or so new leading French and international institutional investors
Forge Global has expanded it’s presence on Hong Kong to provide regional professional investors with access to shares of high-growth private technology companies, a large market comprising more than 473 unicorns worldwide with a combined market value of USD1.4 trillion. The global expansion follows the company’s announcement that it signed an agreement to join forces with SharesPost – creating one of the largest global private securities marketplaces. The combined company under the Forge brand has recorded over $6 billion in global transaction volume.
“As the number of global unicorns continues to increase and as high-growth companies are staying private longer, the
Alternative Investment Fund Manager, Innvotec Limited (Innvotec), has launched a Female Ventures Fund (FVF) to invest exclusively in UK female founded or co-founded enterprises. Innvotec is also aiming to encourage more women to invest in start-ups and early stage businesses.
Less than 1 per cent of VC investment goes to all-female founded enterprises. The FVF aims to tackle this funding gap by focussing on carefully selected, early-stage businesses founded and co-founded by women. Innvotec will provide initial capital, followed by further financial and advisory support to further development after the early stages and beyond. It will focus on capital growth
Well-known Irish figures including former Taoiseach Enda Kenny, Guinness family head Lord Iveagh and U2 band members Adam Clayton and The Edge are among a wide-ranging line-up of advisors and investors in a new ‘Impact Ireland’ fund launched by Dublin-based venture private equity investor VentureWave Capital.
VentureWave this week confirmed the successful first close of its new fund, which aims to invest in and build global ‘technology for good’ companies from Ireland. The fund will take strategic stakes in up to 15 ‘high growth potential and scaling Irish companies’, with investments in each company of between EUR1 million and EUR25
Following the completion of a voluntary tender offer period, Valorous Asia Holdings, an entity owned by KKR investment funds, has accepted all of the 427,041,291 common shares of First Gen Corporation that were tendered by shareholders at the close of the tender offer, representing approximately 11.9 per cent of First Gen’s outstanding common shares.The Offeror intends to acquire all of these tendered common shares at a price of (USD0.45) per common share on 1 July, 2020, the cross date previously set out in the Offeror’s tender documents, representing a total investment value of (USD192.2 million).
First Gen is one of
CubeLogic, a provider of enterprise risk management solutions for the energy, commodities and financial markets, has closed a significant minority investment deal with Growth Capital Partners (GCP) for an undisclosed amount.
BNP Paribas Asset Management (BNPP AM) has held a close of the BNP Paribas Euro SME Debt Fund II (‘Fund II’) with total capital commitments of EUR576.5 million. The fundraising for Fund II follows the completion of the investment period for BNP Paribas Euro SME Debt Fund I (‘Fund I’) earlier this year. Commitments have been received from 20 investors based in France, Belgium, the United Kingdom, Italy and Japan, half of whom are existing investors in Fund I.
Both funds provide a source of long-term financing for SMEs, in the form of senior debt in fine or deferred amortisation, which is
Sandberg Capital acquires a 35 per cent stake in Czech company Revolgy Business Solutions. The management team stays on board and continues to lead the company.
Northumberland-based transport management software provider Mandata has acquired the UK’s largest online haulage and freight exchange, Returnloads.net, for an undisclosed sum. The transaction was funded by LDC, the UK’s leading mid-market private equity investor. Debt facilities were provided by Santander.
Led by CEO Chris Rigg, Mandata designs and develops software that allows road transport operators to manage workflow and data more effectively. The acquisition of Returnloads.net will expand the firm’s customer base and breadth of digital services. It will also help Mandata’s customers win more work and drive further visibility and productivity through their own businesses and supply chains.
Oxford Capital’s portfolio company UltraSoc Technologies Ltd is to be acquired by Siemens. Cambridge-based UltraSoc is a provider of instrumentation and analytics solutions that puts intelligent monitoring, cybersecurity and functional safety capabilities into the core hardware of systems-on-chip (SoC). Siemens will integrate UltraSoc’s technology into the Siemens Xcelerator portfolio as part of Mentor’s Tessent product suite.
David Mott, Founder Partner at Oxford Capital, says: “We are delighted to have supported another deep-tech success story, and our second deep-tech exit in the space of 6 months, following the recent sale of Latent Logic to Waymo. Despite the Covid-19 crisis, international companies
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
