Allocations
Investcorp Group (Investcorp) has signed a structured secondary transaction with HarbourVest to provide liquidity for Investcorp’s existing USD866 million MENA private equity investment portfolio with up to an additional USD70 million of new capital for follow-ons and up to a further USD60 million for new investments.
This transaction is subject to the receipt of requisite investor elections, and relevant regulatory approvals and other customary closing conditions.
Investcorp will maintain an interest in the Portfolio and Investcorp’s MENA Private Equity team will continue to manage the Portfolio.
Hazem Ben-Gacem, Investcorp’s Co-Chief Executive Officer, says: “This milestone deal is a
Engineering design consultancy, Hydrock, has acquired Yorkshire-based MRB Consulting Engineers, as the company expands its footprint across the UK.
Hydrock has been backed by BGF since 2018. Since BGF’s investment, Hydrock has seen significant growth, opening a new office in Birmingham and expanding its teams in Manchester, Cardiff and Southampton. BGF has provide follow-on funding to support the acquisition of MRB and to enhance Hydrock’s ongoing strategic development plans.
MRB was founded in 2007 and delivers building services design and environmental engineering consultancy services on a wide range of property schemes both in northern England and across the UK.
Macquarie Infrastructure and Real Assets (MIRA) has reached an agreement with Siemens AG to acquire an additional 10 per cent stake in Gwynt y Môr Offshore Wind Farm (Gwynt y Môr) in the UK.
Gwynt y Môr is a 576 MW offshore wind farm positioned 13 kilometres off the coast of North Wales. Operational since 2015, Gwynt y Môr comprises of 160 3.6 MW wind turbines spread across 80 square kilometres. Each year, the wind farm provides enough clean electricity to power approximately 430,000 UK homes.
Leigh Harrison, Head of MIRA EMEA, says: “We are delighted to announce an
Ally, a leading goal-setting and business performance management software provider, raised USD15 million in a Series B funding round led by Tiger Global Management, a New York based investment firm known for investing in strategic, innovative companies such as Facebook, Flipkart, Slack, and Stripe.
Previous investors Accel, Vulcan Capital, and Founders Co-op also participated in this round.
Ally helps startups and large enterprises to accelerate business performance through alignment, agility, and transparency to match the fast-paced needs of their evolving markets. Its product is based on the Objectives and Key Results (OKR) framework, the operating model for running agile
Los Angeles-based private equity firm Vance Street Capital has recapitalised Eirtech Aviation Services (EAS), a provider of specialist aviation services for the largest airlines and aircraft leasing companies globally. Terms of the transaction have not been disclosed.
Headquartered in Shannon, Ireland with offices in Dublin and Singapore, EAS provides design-engineering, manufacturing and product solutions, as well as asset management and CAMO services, that ensure regulatory compliance with FAA, EASA and other local jurisdiction mandates. EAS’s turnkey services provide full support to airlines, aircraft leasing companies, private operators and OEMs for all their fleet transition and modification requirements. EAS was founded
Itarle, a provider of high-performance best execution services to banks, has created Itarle Ventures, a new Special Purpose Vehicle (SPV) to co-invest with partners in new data analysis and liquidity services, and shared market infrastructure initiatives.
Through Itarle Ventures, the company can leverage its existing IP and commercial network to help build promising fintech companies and further develop existing venues, while identifying new investment opportunities that are not a natural fit for Itarle AG.
“Fintech investment, particularly in Europe, is at an all-time high and is expected to continue rising as capital markets become more diverse and interconnected,” says
PHD Equity Partners (PHD) has invested in Auto Marine Cables (AMC), a family-run supplier of low-voltage cables to the automotive and marine industries, to drive its growth.
The company has a turnover of GBP14 million, which allows it to deliver on orders within short lead times, and offers cables ranging from under five metres to over six kilometres in length. The funding will allow AMC to boost its growth by expanding its product range, export trade and enable current owners, Peter and Diane Hammond to realise part of their investment in the business.
Peter Hammond, who has led the
HIG Capital (HIG), a global private equity investment firm with over EUR31 billion of equity capital under management, has signed agreements to acquire Meyra Group SA (Meyra) and Alu Rehab AS (Alu Rehab).
HIG intends to combine the two companies to form a large-scale mobility equipment manufacturer in Europe. The transaction is subject to clearing by the relevant antitrust authorities with closing anticipated by end of 2019.
Founded in 1936, Meyra designs, manufactures and sells active and e-powered wheelchairs, rehabilitation equipment and orthopaedics. With manufacturing, assembly and distribution sites in Germany and Poland, Meyra has approximately 600 employees and
Independent asset manager Albion Capital is seeking to raise up to GBP34 million through top up offers for five of its venture capital trusts.
The fundraising targets the following amounts:
Kings Arms Yard VCT PLC – GBP10 million
Albion Development VCT PLC – GBP8 million
Albion Enterprise VCT PLC – GBP6 million
Albion Venture Capital Trust PLC – GBP6 million
Crown Place VCT PLC – GBP4 million
The offers provide exposure to balanced portfolios with a combined value of approximately GBP365 million, diversified across approximately 70 businesses. The top up offers reflect Albion’s confidence in an exciting pipeline of
Prestige Funds, a specialist private debt fund manager, has loaned over GBP 100 million in secured finance to biogas and anaerobic digestion projects in the UK over the last nine months.
The financing is managed through Privilege Finance, part of the same group of companies and a specialist in lending to businesses in the UK’s agricultural sector.
With the growth in this activity, Prestige has also relocated Privilege Finance to new offices north of Cambridge. This reflects the growing headcount with more than 30 additional personnel, and the scope of the group’s agri-lending activities.
Craig Reeves, Founder of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
