Allocations
Mirova has held the final close of Mirova-Eurofideme 4, its fourth equity investment fund dedicated to clean energy projects, as EUR857 million.
This significant fundraising can be considered a reward for 17 years of investment in renewable energy and brings the total amount of unlisted assets of Mirova’s energy transition to EUR1.3 billion. In 2002, Mirova, an expert in the sector, launched a first EUR46 million fund alongside the French Climate Agency (ADEME) to support the nascent wind industry in France. The company then raised EUR94 million in 2009 and EUR350 million in 2016, going towards new geographical areas and
CVC Capital Partners (CVC) has closed the CVC Growth Partners Fund II (Fund II) with capital commitments of USD1.6 billion, including a sidecar co-investment vehicle.
Fund II will continue the same investment strategy as its predecessor fund, investing in high-growth, mid-market companies in the software and technology-enabled business services sectors.
Fund II, which exceeded its USD1 billion target, enjoys a diverse global investor base, spread across North America, Europe, the Middle-East and Asia.
CVC’s Growth Partners platform invests primarily in North America and Europe, focusing on a variety of sectors including software, SaaS, managed services, cloud computing, mobility,
Ironwood Capital has exited its investment in Numet Machining Techniques (Numet), which has been sold to Bromford Industries.
Numet, headquartered in Orange, Connecticut, is a manufacturer of precision machined components requiring complex geometries and exotic alloys. Numet supplies many of the key leading aerospace engine platforms. Its customers include Pratt & Whitney, GE Aviation and the US Department of Defense.
Ironwood Capital Managing Director, Jim Barra, says:, “Ironwood Capital is proud to have partnered with Numet over the past several years. During our investment period, the Numet management team transformed the business from a components supplier to a value-added
Alternative asset management firm Owl Rock Capital Group has sold a passive, non-voting minority stake to Dyal Capital Partners (Dyal), a division of Neuberger Berman. Terms of the investment have not been disclosed.
Dyal’s investment provides Owl Rock with additional permanent capital to continue providing highly customised direct lending solutions to US middle market companies. Owl Rock plans to use all proceeds from the transaction to invest in Owl Rock products, which are expected to include complementary product launches and strategies in 2020.
There will be no changes in the management, strategy, investment process, or day-to-day operations of Owl Rock
A Scottish tech firm with an online platform that helps convenience stores and corner shops cash in on the growth in online grocery sales has raised a seven-figure sum to fund its expansion throughout the UK.
Snappy Shopper has raised the seed capital from Kelvin Capital, Mercia, the Scottish Investment Bank and the company’s existing management team. The investment will support the company’s ambition to become the UK’s leading online platform for convenience stores and allow it to build its team with the creation of 21 jobs over the next year.
Snappy Shopper, which is based in Dundee, brings ‘convenience stores to consumers’ doors’ and can offer deliveries in under 60 minutes in many cases. It provides an easy and seamless way
Sera Prognostics (Sera), a health diagnostics company dedicated to improving the lives of women and babies through individualised prenatal care, has raised USD36 million in a Series D financing round led by Blue Ox Healthcare Partners (Blue Ox), alongside two strategic healthcare companies.
Proceeds from the Series D financing will be used to increase commercialisation of Sera’s PreTRM test and to measure real-world clinical improvements and economic savings in collaboration with top health plans and providers.
Sera’s products focus on the early prediction of a woman’s individualised risk of preterm birth and other pregnancy complications. The Company’s PreTRM® test
Belfast-based tech firm Cloudsmith has closed an equity investment round of GBP2.1 million led by Frontline Ventures and co-investors MMC Ventures, with local involvement by Techstart Ventures through its Invest NI fund, Techstart.
Cloudsmith’s Software-as-a-Service (SaaS) offers an advanced logistics platform for software developers, operators and vendors, who need to secure, manage and accelerate their product development and distribution. It distributes millions of artifacts on behalf of its global customer base spanning every time zone in almost every continent.
The seed round takes place after a pre-seed investment earlier in the year, and will be used to ramp-up Cloudsmith’s R&D
Aliter Capital has completed a transaction which will see Sponge UK (Sponge), a custom digital learning solutions specialist, coming together with Glasgow-based Bolt Learning (Bolt) to create a new player in the learning technology sector.
Sponge designs and develops bespoke digital learning solutions, including eLearning, learning games, motion graphics, interactive video and immersive technologies (such as VR and AR) and blended learning solutions. Sponge works with some of the world’s largest brands and its solutions are used in more than 124 countries worldwide, with capability to translate into over 200 languages.
Bolt was acquired by Aliter in June 2019 and
Foresight Group has made a GBP749,000 growth capital investment into Promethean Particles (Promethean), a company specialising in the manufacturing of nanomaterials.
The finance boost will allow the firm to create new jobs, scale its production capabilities and enter untapped global markets.
The investment has been made using finance from the Midlands Engine Investment Fund and is part of a GBP1.25 million funding round led by Foresight and supported by the University of Nottingham, East Midlands Early Growth Fund (managed by the British Business Financial Services), and other existing investors.
Promethean was founded in 2007 as a spin-out from the University
Chatham Financial has acquired the JCRA Group, significantly expanding the firm’s presence in Europe.
Chatham and JCRA specialise in providing debt and derivatives solutions to commercial real estate, private equity, infrastructure, financial institutions, and corporate clients. Chatham and JCRA collectively serve over 3,000 clients and advise on more than 20,000 transactions with a notional amount in excess $700 billion each year. The merged firm will lead the industry in capital markets expertise, transaction volume, and technology – providing clients access to the data, tools, and advice they need to manage financial risk.
“Clients of both firms will benefit from
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
