Allocations
Churchill Asset Management (Churchill), an investment-specialist affiliate of Nuveen providing customised financing solutions to private equity firms and their portfolio companies, has completed fundraising for Churchill Middle Market Senior Loan Fund II with USD2 billion in limited partner commitments, exceeding its original target of USD1 billion.
The Fund, an unlevered vehicle that invests in traditional senior and unitranche loans to private equity sponsor-backed US middle market companies, is the firm’s second commingled fund offering since becoming an affiliate of TIAA/Nuveen in 2015. The Fund attracted equity commitments from a diverse base of institutional clients globally, including several large pension plans
Covid-19 fallout continues to hit firms across the world, both in terms of supply and demand, and the predicted ensuing recession is likely to change how we live in the future. While the outbreak has unsettled lives and businesses across the world, delaying deal processes and fundraising, there are ‘new world’ sectors that will do well.
The coronavirus has decimated global markets in recent weeks. And with PE funds competing to complete deals last year at record high valuations, the big question now is how managers navigate the threats of recession over the coming period. Many will be asking themselves: ‘How far might valuation multiples fall in this current climate and do we have the right risk protection in place for our portfolios?’
New research in McKinsey’s latest report, A new decade for private markets, reveals that while most fund managers consider cyclical risk as part of their due diligence and portfolio management processes, only
A new medical device supplier which aims to offer UK hospitals the latest innovations from around the world has secured a GBP650,000 investment from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund.North Yorkshire-based GI UK Medical specialises in gastroenterology products and will offer the NHS and private healthcare providers groundbreaking technologies to improve patient care and reduce cost. The company, which is based in Northallerton, has already struck a number of exclusive deals, including the right to supply a new capsule endoscopy system which can replace the need for an
Notify Technology, a the Newcastle-based health and safety software business, has completed a GBP370,000 investment round to drive product development and expand its team.The company has secured further funding from the North East Venture Fund (NEVF), which is supported by the European Regional Development Fund and managed by Mercia, alongside investment from its Chair, Jayne Archbold, and existing management.
Notify’s platform enables businesses to improve health, safety and wellbeing in the workplace. The company was founded in May 2017 by Duncan Davies and Andy Dumbell, who recognised the potential to use technology to automate processes, predict risks and reduce the
Y Platform, a video channel network in China founded by Israel’s Gal-Or family and Chinese investors, has completed a USD3.5 million A round investment. This brings to USD5 million the amount raised by the company since it was established. The round was led by Weibo, the Chinese equivalent of Twitter, with nearly 500 million users, and with the participation of Kunlun Wanwei Technology, one of China’s largest gaming companies. The funds raised will be used to upgrade the network’s content, expand e-commerce activity and enter markets outside of China.
Y-Platform was founded in 2017 in Beijing by Raz Gal-Or, who
Over the last decade, business peer-to-peer lending, also known as crowdlending, has become an appealing alternative financial source for many European companies. Although lending platforms are not immune to the disruption caused by the pandemic, the latest data show that P2P investments may be unrelated to the stock market slides caused by the coronavirus outbreak.
The UK largest peer-to-peer lender Funding Circle has reported a significant increase in searches for business loans since the start of coronavirus pandemic, and a huge number of European P2P investors continue to invest without making changes to their portfolios.
According to data gathered by Finanso.se,
Foresight Group (Foresight) and Belltown Power Limited (Belltown) have formed a joint venture (JV) to develop Belltown’s pipeline of greenfield onshore wind energy projects across the UK under the existing Belltown brand.The JV aims to deliver more than 300MW of incremental clean electricity capacity to support the UK’s move to a net-zero power system. The pipeline is focused on sites with excellent potential for wind development, predominantly in Scotland and Wales, and will be developed on a merchant-only, PPA or CfD supported basis.
This JV strengthens the relationship between the two companies which started when Foresight acquired a 111MW portfolio
Seamless Impact, the latest version of Sudrania Fund Services’ flagship fund administration platform, has been tailored to the needs of the impact investment space…Read the full story at Hedgeweek…
Antwerp-based Down2Earth Capital (D2E) has acquired Gimv’s majority shareholding in Grandeco, with both Gimv and the Grandeco management team maintaining an investment in the business.
By broadening its investor group, Grandeco is seeking to strengthen its position within the decorative wallpaper area, including through potential strategic acquisitions, according to the company.
“Grandeco is a market performer in a highly fragmented industry, the company has achieved above-average growth and profitability in recent years,” said Alain Keppens, partner at Down2Earth Capital.
“In addition to its strong reputation in analogue printing, the company has a clear advantage in the area of digital printing,” he added.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
