Allocations
Private investment firm Newlight Partners (Newlight) has made a significant equity investment in Zing Health Holdings, a physician-led Medicare Advantage HMO plan designed for Medicare-eligible beneficiaries.Founded in 2019 and headquartered in Chicago, Zing Health has a distinctive focus on populations underserved by traditional health insurance models. Its approach is based on a patient-oriented delivery system consisting of primary care providers, registered nurses, social workers, behavioural health specialists and community-based health care workers across a growing network of providers.
Zing Health was cofounded and is led by Dr Eric Whitaker, a seasoned physician and entrepreneur. He is supported by a
True, a European retail and consumer sector specialist investor, has led an investment of over GBP1 million into a London-based men’s make-up brand, War Paint, co-investing with Redrice Ventures, led by Partner Robert Senior, the former CEO of Saatchi & Saatchi, and other angel investors. Since launching in 2018, War Paint has received a phenomenal amount of attention from the press and is the first men’s make up brand to have a fully stocked men’s makeup counter within the men’s section of major retailers such as John Lewis, Mr Porter and Harvey Nichols. The capital will be used by War Paint
Cowen Healthcare Investments (CHI) has successfully completed fundraising for Cowen Healthcare Investments III LP (CHI III)with USD493 million, USD93 million above the Fund’s original target. CHI received commitments from existing and new investors, including institutional investors, family offices, and high net worth individuals.
Led by Kevin Raidy, Tim Anderson, and Robert Sine, CHI was founded in 2012 to support innovation in the healthcare sector, with a particular focus on biopharma, diagnostics and digital health. CHI focuses its investment activity on established companies with outstanding management teams and disruptive approaches to disease that address significant unfulfilled medical needs. Since 2012 the team
Par Equity has led a GBP750,000 financing round with support from The Scottish Investment Bank into UniKLasers, a manufacturer of high precision scientific laser instrumentation used in industrial applications.
This investment is the second that Par Equity has made since its partnership with British Business Investments via the Regional Angels Programme. The round takes UniKLasers’ total funding to GBP2.3 million. Par Equity first invested in UniKLasers in 2017.
UniKLasers will use the capital injection to expand its manufacturing and R&D capability, continue to build its global sales and marketing pipeline and increase its workforce to capitalise on a market
British fintech alternative payment provider start-up Fly Now Pay Later has raised GBP35 million in Series A equity and debt funding round, which will offer a new way to finance travel once restrictions ease.
Jasper Dykes, co-founder and CEO of the startup, will offer flights from 0 per cent APR. “Few industries have been affected as significantly as tourism in the wake of Covid-19. This investment is a welcome boost to the sector, and provides us with adequate cash flow to help steer us through these challenging times,” said Dykes. “It’s predicted that once lockdown restrictions begin to ease, airlines
Maven Capital Partners (Maven), one of the UK’s most active private equity houses, has completed a GBP1 million investment in Boiler Plan (UK) Ltd (Boiler Plan), an online platform that sells, installs and services central heating boilers across the UK.The transaction includes a GBP600,000 investment from the Maven VCTs and a further GBP400,000 investment from the North East Development Capital Fund, supported by the European Regional Development Fund and managed by Maven.
The new funding will support Boiler Plan’s ambitious growth plans, allowing the business to execute its long term strategy to create 40 new jobs in the next
Iron Pillar has closed its USD45 million Top Up Fund, which will top-up the Iron Pillar Fund I that held its final close in 2018 with capital commitments of USD90 million.
With this new infusion of funds, Iron Pillar has added three global institutions including alternatives investor 57 Stars and one European family office to its investor base.
The Top Up Fund, which was oversubscribed to its hard cap, will provide Iron Pillar additional capital to back specific Fund I portfolio companies.
Fund I has made eight investments so far, including one exit from SaaS company Now Floats, acquired by
LitCapital, a dedicated private equity growth investor in the Baltics, has made its sixth successful exit in a row selling its holding in NNL LT, a logistics service provider focused on temperature-controlled goods, operating in Lithuania and Latvia. LitCapital sold its stake to the Founders of the Company.
This investment has generated 4.0x CoC return for the Fund. Currently realized gross result of the Fund exceeds 26 per cent IRR. All LitCapital realized exits have generated 2.0x-5.7x returns.
LitCapital invested in NNL LT in 2012. Group’s revenues grew nearly fourfold and EBITDA more than doubled after substantial investments in warehouse
Global growth private equity firm TA Associates has agreed to make a strategic growth investment in Honan Insurance Group, a Melbourne-based commercial insurance broker.
The deal is expected to close in the second half of 2020. Honan’s Group CEO and executive director Damien Honan, CEO Andrew Fluitsma and COO Laurence Basell will continue to lead the business and be shareholders alongside TA following the transaction.
Honan designs, prices and negotiates insurance policies on behalf of corporate clients. The company’s main verticals are in the corporate, strata, real estate and employee benefits markets, mainly in Australia, New Zealand and Southeast
A new fund advised by VI Partners held its first close in April on EUR71 million. The fund will focus on medical and deep tech innovations from the Swiss scientific research ecosystem, and hold a final close in 2021.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
