Allocations
InvestEco Capital has held the final close of the InvestEco Sustainable Food Fund III at USD100 million in capital commitments. The Fund will continue the Toronto-based venture capital firm’s mandate of investing in private, high-growth Canadian and US companies that promote health and sustainability in the food sector. This Fund follows two previous successful food funds managed by InvestEco that have invested in and partnered with many leading North American sustainable food brands, including Vital Farms, Mama Earth Organics, Maple Hill Creamery, Le Grand, NadaMoo, and LesserEvil, among a number of others.
InvestEco welcomes new institutional investors Farm Credit Canada, BDC
Warburg Pincus will co-invest in Tilney and Smith & Williamson’s revised transaction structure for their proposed merger, alongside funds advised by Permira.
Since the deal was first announced in September 2019, both firms have been involved in planning for the combined business.
The combined group will be known as Tilney Smith & Williamson, and will become one of the UK’s largest integrated wealth management and professional service businesses following the deal.
It will have GBP 44 billion in AuM, and generate around GBP 530 million of revenue. The combined business is expected to be the fourth largest UK wealth management
WhiteHorse Capital, the direct lending affiliate of private equity firm HIG Capital (HIG), has provided a new senior secured term loan facility to Connexity, to support its acquisition of SkimLinks. California based Connexity is an independent provider of new ecommerce customer prospecting across the US and Europe, serving the retail performance marketing industry. UK based SkimLinks is an ecommerce monetisation business focused on connecting its network of 61,000+ publishers to 48,000-plus retailers.
“We closed this transaction in a very challenging underwriting environment and WhiteHorse delivered in all respects: moving on a compressed timeline, being commercial on documentation, and acting with integrity
Inflexion has exited Glide, a UK infrastructure provider to difficult to serve markets – like high-density accommodation – to US infrastructure investor Alinda Capital, generating a return of over 3x.
Glennmont Partners (Glennmont) has completed the sale of Sleaford Renewable Energy Plant (Sleaford REP) to Greencoat Capital (Greencoat). With this sale, the last remaining asset of Glennmont’s EUR437 million Clean Energy Fund I has been divested.Sleaford REP is an operational 39 MWe renewable CHP plant which uses a blend of straw and sustainable woodchip to generate power and heat. The plant benefits from accreditation for 2.0 ROCs per MWh and has circa 15 years of ROC life remaining. Located within the ‘Grain Belt’ in Lincolnshire, the plant provides a reliable route to market for straw, an agricultural by-product which can
Secondaries investor Coller Capital is leading a GP-led secondary transaction to acquire the four remaining assets of Permira’s fourth fund.
JRJ Group, an international private equity investment firm focused on the financial services sector and growth situations, is to sell ETX Capital, a providers of multi-asset CFDs and spread betting products, to a fund associated with Guru Capital, a Switzerland-based private equity firm with specific experience in the CFD space.Terms of the transaction have not been disclosed.
Roger Nagioff, Founding Partner of JRJ Group, says: “During JRJ’s ownership, we have invested in bolt-on acquisitions and enhanced the technology of the firm. We are delighted with the strength and resilience of the platform we have built, alongside the management team and
US private equity firm Horizon Capital’s USD200 million Emerging Europe Growth Fund III has acquired a minority stake in European e-commerce beauty company MAKEUP, thereby becoming its main financial investor.
Poplar has closed a USD2.1million investment, led by Fuel Ventures, to push its ambition to become the world’s leading augmented reality (AR) creative platform. This seed round, which sees Haatch Ventures, Ascension Ventures and Super Ventures also invest, will help Poplar deliver on-demand creation of premium AR and 3D experiences to accommodate the growing demand for branded AR campaigns. Since the pandemic lockdown in March, AR engagement has spiked by 19 per cent as consumers turn to social, web and mobile for alternative ways to engage with retailers and brands.
Poplar’s platform automatically assembles teams of certified and trusted AR and
International law firm Proskauer has launched the Proskauer Private Credit Default Index which tracks, on a quarterly basis, the default rates of senior secured and unitranche loans.“Traditionally, the private credit market has been viewed as being opaque with few sources of information on default rates. Our new Default Index provides a new level of transparency and gives investors a window into the market, and its performance, they have otherwise not had,” says Stephen A Boyko, co-chair of Proskauer’s Corporate & Transaction Department and Private Credit Group. “Given the number of deals we are seeing and the growing importance of this
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
