Allocations
Turn/River Capital, a technology growth equity and buyout firm, has raised its fourth fund, Turn/River Capital IV (Fund IV). The USD420 million Fund IV was oversubscribed and was completed with a single closing for institutional investors in less than 90 days. With Fund IV, Turn/River Capital currently has over USD700 million in assets under management.
“We are incredibly grateful to our investors for their trust and partnership. The increased commitment from existing investors and strong response from new investors attests to our team and our strategy,” says Dominic Ang, Managing Partner at Turn/River Capital. “It’s been an active year for
Healthcare investment vehicle Impel Healthcare Catalyst (Impel) has announced an additional seven figure investment into its portfolio business Trio Healthcare (Trio).The funding will be used to fast-track the development of Trio’s production facility at its state-of-the-art manufacturing plant in Skipton, Yorkshire, ahead of the anticipated launch of a world’s first product for the ostomy market later this year.
Founded by Lloyd Pearce in 2006, Trio develops, manufactures and distributes a range of novel ostomy products, which have consistently delivered year-on-year growth for the company. Trio has also won two Queens Awards for Enterprise to date, recognised for its contribution
As China sees a surge in new coronavirus cases and the death toll passes 360, Allianz China Insurance and Allianz SE is setting up an emergency response fund to support the country’s fight against the epidemic.
Turn/River Capital, a technology growth equity and buyout firm, has raised its fourth fund, Turn/River Capital IV (Fund IV). The USD420 million Fund IV was oversubscribed and was completed with a single closing for institutional investors in less than 90 days. With Fund IV, Turn/River Capital currently has over USD700 million in assets under management.
“We are incredibly grateful to our investors for their trust and partnership. The increased commitment from existing investors and strong response from new investors attests to our team and our strategy,” says Dominic Ang, Managing Partner at Turn/River Capital. “It’s been an active year for
Trivest Partners (Trivest) has held the final closings of the Trivest Growth Investment Fund II (TGIF II) and the Trivest Discovery Fund with USD435 million and USD235 million of total capital commitments, respectively. Raised concurrently, TGIF II and the Trivest Discovery Fund represent Trivest’s sixth and seventh funds focused exclusively on founder/family-owned investments. Significant support from both Trivest’s existing investor base and select new investors contributed to a streamlined and efficient fundraise. TGIF II and the Trivest Discovery Fund include a diversified mix of limited partners including endowments, corporate and public pensions, insurance companies, funds of funds, family offices and individuals,
Ironwood Capital has exited its debt and minority equity investment in American Residuals Group, the holding company of Denali Water Solutions (Denali), to TPG Growth, a middle market and growth equity platform of alternative asset firm TPG. Denali is a provider of specialty waste and environmental recycling and disposal services in the United States, performing daily organic waste collection, processing, recycling, and disposal for municipal, industrial food processing and downstream industrial customers.
“The Denali management team did an excellent job executing on its investment thesis and growing its network,” says Ironwood Capital Managing Director Dickson Suit. “Denali provides important recycling solutions that contribute to
The day of the UK’s departure from the EU might seem like the end of a long process, but it is now that crucial negotiations on the UK’s future economic relationship with the EU will begin.
Until December 2020, when its transition period will come to an end, the UK will remain a member of the EU customs union and the single market, and the cross-border provision of financial services with the EU will be guaranteed. Meaning that until the end of this year, the UK/Europe split will have no direct regulatory impact.
It’s easy to get caught up in
Sovereign Capital Partners, a private equity Buy & Build specialist, has exited its investment in Arachas Corporate Brokers (Arachas), a commercial insurance brokerage in Ireland to certain funds controlled and managed by Madison Dearborn Partners (MDP) and HPS Investment Partners (HPS). The exit, which follows three years of Sovereign’s partnership with Arachas, delivers a 5.5-times money return to investors.
Sovereign originally backed the MBO of Arachas in early 2017. During the period of Sovereign’s investment Arachas made four acquisitions: Capital Cover Group, Kidd Insurances, Covercentre and most recently Murray & Spelman. The acquisitions brought substantial additional scale to the Group, further
Avignon Capital, a European property investment firm and asset manager has completed the sale of the Ampere asset in Berlin to RFR Holding for a purchase price in excess of EUR80 million.The Ampere building is a unique listed property built in 1926 and is a former electricity transformer station (Umspannwerk), which was converted into offices in 2010. The 11,678 sqm building is located in Prenzlauer Berg, an area widely regarded as a ‘tech-cluster’ in Berlin, and increasingly popular with young creative companies.
Avignon acquired the building on behalf of a private client in Q3 2016 and this sale marks the
Oak Intranet has announced a GBP2.1 million additional seed funding round led by existing investors Maven Capital Partners. The funding follows a restructure of the company’s leadership team led by the new CEO, Will Murray and the appointment of a new non-executive chairman, Mark Quartermaine which will enable the business to expand adoption across the UK.
Created in 2016 Oak Intranet is aimed at enterprise and medium sized businesses, it organises departments, news, teams, projects and internal communication through its mobile app and SaaS platform. This makes it perfect for large organisations that may have multiple locations and deskless workers.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm