Allocations
The Institutional Limited Partners Association (ILPA) has released the first publicly available Model Limited Partnership Agreement (LPA) for the private equity industry.
The legal template, which is available for complimentary, industry-wide use, conforms to ILPA Principles 3.0 and sets a new standard for alignment of interests between general (GPs) and limited partners (LPs). The Model LPA also addresses a persistent and shared need of GPs and LPs to reduce the complexity, cost and resources required to negotiate the terms of investment in private equity funds.
“The industry has to date lacked freely accessible model documents that can serve as
Peaceable Street Capital (Peaceable Street), a finance company that provides preferred equity capital for small and mid-sized income-producing real estate in North America, has secured an undisclosed minority equity investment from Declaration Partners, the investment firm backed by the family office of David M Rubenstein, Co-Founder of The Carlyle Group.
The investment will support Peaceable Street’s growth strategy and expand its client relationships.
Alan Goldfarb, Managing Partner of Orangewood Partners and Co-Founder of Peaceable Street Capital, says: “We are thrilled to have Declaration’s support as we continue to execute on our strategy and solidify our position as a differentiated
DC Advisory and its parent company Daiwa, have entered into a 50:50 joint venture agreement with renewable energy specialists Green Giraffe.
The new joint venture will complement DC Advisory’s existing leading position in the infrastructure M&A and debt advisory markets, by adding global renewable energy expertise.
Green Giraffe will retain its well-known brand in the renewable energy market with DC Advisory and Green Giraffe working together to bring their complementary strengths and skills for all clients.
Sergio Ronga, Managing Director of DC Advisory’s infrastructure practice, says: “Investors around the world are increasingly focused on global trends such as
British Business Investments (BBI), a commercial subsidiary of the British Business Bank, has announced a new GBP15 million Tier 2 capital facility to specialist bank, PCF Bank.
PCF Bank has a long history as a specialist financier of vehicles, plant and equipment. Established in 1994, and launching banking services in 2017, PCF Bank has helped more than 18,000 customers with purchasing business critical assets for their businesses.
The facility will enable the Bank to draw on additional capital as required, allowing it to utilise capital in an efficient and earnings enhancing manner as the business grows. This investment could
Anacapa Partners, a private equity firm focused on acquisitions in the lower middle market, has completed a growth investment in Auronix, a communications platform as a service (CPaaS) provider based in Mexico. Financial terms of the transaction have not been disclosed.
Founded in 1994, Auronix is the leading CPaaS platform in Mexico. Auronix’s platforms Calixta and Calixta Chat allow companies to reach both existing and potential customers on their preferred medium, driving real-time engagement, higher customer satisfaction, and increased customer awareness. Auronix is headquartered in Mexico City, Mexico.
“With more companies transitioning to mobile-first strategies, the global CPaaS industry
Midlands Engine Investment Fund (MEIF) Debt Finance, managed by Maven Capital Partners (Maven), has provided Sleaford Building Services Limited (SBS) with a GBP750,000 funding package.
Greater-Lincolnshire based SBS provide clients with a range of services including design and build MEP Services, alongside installation and coordination services for pre-designed projects. The firm will use the loan to support its growth plans, helping deliver a number of upcoming contracts, while also creating 15 new jobs.
SBS is led by Managing Director, Barry Exton and his management team. Founded in Exton’s back garden in 2003, the firm has successfully grown into one
Venture capital firm BIP Capital has closed BIP Capital Venture Fund IV, with USD101 million in capital commitments, surpassing its target of USD100 million.
Venture Fund IV will provide Series A and Series B financing for market-disrupting B2B SaaS and tech-enabled services companies focused on Enterprise SaaS, Healthcare IT, Digital Media, Dev Tools, and MarTech.
The firm will continue to focus on companies in the southeastern United States’ startup ecosystem, while also expanding into the Midwest where it has already begun making investments. BIP Capital currently has more than 30 companies in its investment portfolio.
In August, BIP Capital
The Citco Group of Companies (Citco) has expanded partnership with Solovis, a multi-asset class portfolio management, analytics and reporting platform for asset owners and allocators.
The strategic partnership with Solovis spans business, technology and services and includes an equity investment in Solovis. This relationship enhances the performance reporting and analytics services currently provided by Citco Institutional Services, the firm’s investment record-keeping and reporting team for institutional investors.
The expanded relationship builds upon the two firms’ existing partnership, in place for over a year, and extends the capabilities of the Citco Institutional Services business line, which was launched in June
Future Industrial Services (FIS), a provider of specialist environmental and industrial services, has announced a 22 per cent increase in turnover following its acquisition of Colt Industrial Services (Colt) and further investment in its management team and fleet.
Headquartered in Kirkby, Merseyside, FIS works with clients including government, major utility and multi-national companies to provide a range of cost-effective solutions to waste management and decontamination requirements, including specialist recovery facilities for oils and heavy metals.
The company, which was backed by private equity firm NorthEdge Capital in April 2017 in a deal that valued the company at GBP16 million,
JP Morgan Asset Management has held the final closing of its Lynstone Special Situations Fund (Lynstone), with USD1.06 billion in capital raised from a broad set of global investors comprising of pension funds, insurance companies, banks, foundations, endowments and family offices across the Americas, Europe, the Middle East and Asia.
More than half of investors are first-time investors in a JP Morgan Alternatives fund.
Lynstone will invest in stressed, distressed and event driven situations across North American and European private and public credit markets, where underlying assets are discounted due to illiquidity or market disruption and where an event
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
