Allocations
Sverica Capital Management (Sverica), a growth-oriented lower middle market private equity firm, has held the first and final close of its fifth private equity fund, Sverica Capital Partners V (Fund V).
After three months in the market, Fund V exceeded its target, was oversubscribed and closed at its hard cap of USD450 million of total limited partner commitments. Sverica will use Fund V to continue its strategy of investing in companies that are, or have the potential to be, category leaders within their respective industries. Sverica will also remain focused on businesses within the technology, business services, healthcare and high-value
The latest CEPRES Private Equity Buyout analysis shows the IRR spread between top performing funds and the market median has significantly increased since the GFC.
The analysis, based on primary sourced cash flow data from over 7,000 funds on the CEPRES platform, shows that between Vintage Year 2009 and 2018, median net IRR for buyout funds hover around 15 per cent with a range of 12.9 per cent to 16.4 per cent, whereas top performers based on the upper quartile are at 22 per cent, with the spread widening in most years since the GFC.
Overall median Net IRRs returns show a
Natixis and EDHECinfra have launched a new three-year research chair, directed by the same team that created an unlisted infrastructure indexing platform, to create useable, comparable documented measures of the impact and risk profile of social and environmental factors on infrastructure investments.
ESG refers to the central factors in measuring the sustainability and ethical impact of an investment in a company or business. Despite its relevance to today’s financial world, few holistic and systematic measures exist to help investors to track ESG outcomes and related risks.
The first aim of the Research Chair will be to produce a comprehensive
Mid-market private equity investor LDC has sold global business-to-business events specialist FC Business Intelligence (FCBI) to Thomson Reuters. The value of the transaction is undisclosed.
FCBI delivers high-end conferences and exhibitions globally to a diverse range of sectors including energy, insurance, pharmaceuticals, transportation, travel, strategy and technology. It helps senior business professionals stay at the forefront of change in their industry through insight sharing and networking with peers.
LDC partnered with FCBI in 2018 to support the management team’s plan to drive organic growth and expand into new markets. Since then the business has focused on improving its customer
Investment manager Downing has exited a series of hydroelectricity investments based in Scotland and managed by Gilkes Energy Limited.
Downing’s Energy and Infrastructure Investment team has worked closely with Gilkes Energy, a specialist hydroelectricity developer, since September 2013, to invest in a series of seven projects. The investment funded the development, construction and operation of the projects which total 8MWp of renewable energy generation in Scotland.
Downing has undertaken a successful programme of disposals to return capital to Enterprise Investment Scheme (EIS) investors in the projects, of which this divestment forms part. All six investments have been acquired by
AXA Investment Managers – Real Assets (AXA IM – Real Assets) has completed the acquisition, as part of a core strategy on behalf of a client, of the entire issued share capital of NorthStar Realty Europe Corp ), a NYSE listed real estate investment trust.
The acquisition was approved at a special meeting of NRE stockholders held on 25 September, 2019 and NRE will be delisted from the NYSE.
Further to AXA IM – Real Assets’ announcement of 4 July 2019, the final consideration for the Acquisition after the settlement of the previously disclosed forward exchange contracts to hedge
Managed services, hybrid cloud and data centre solutions provider, LIMA Networks and Data Centre UK have secured a GBP12 million investment from private equity house, Maven Capital Partners (Maven).
The transaction includes an equity raise from Maven Investor Partners, a syndicate of institutional, family office and high net worth investors, alongside debt funding provided by CYBG.
LIMA Group is a technology services and infrastructure solutions provider specialising in designing and implementing intelligent IT infrastructure solutions across a rang of sectors and industries, including SMEs to enterprise level and public sector organisations.
Maven’s investment in LIMA Group will allow
KB Associates (KBA) has secured a minority investment from ECI Partners to continue enhancing its service offering and grow its international presence.
KBA specialises in the provision of management company, governance and compliance services to investment funds and asset managers. Founded in 2003, Dublin-headquartered KBA also has offices in London, New York and Cayman Islands. KBA has 60 consultants, works with over 230 asset management firms including some of the world’s biggest managers, and supports investment funds with assets under management in excess of EUR225 billion.
KBA’s specialist professional services model has helped drive significant growth in recent years as asset
Schroders has launched a specialist private equity fund, which provides greater investment flexibility for a potentially larger pool of prospective clients.
The Schroder GAIA II Specialist Private Equity Fund addresses a number of factors that have traditionally made accessing the asset class challenging – it offers monthly subscriptions and quarterly redemptions, while investors can also gain exposure with a minimum investment of USD50,000.
Schroder Adveq, Schroders’ specialist private equity team, will manage the fund.
The fund will focus on small and medium-sized buyouts in Europe and USA, encompassing companies that typically have an enterprise value of less than
TEAM Services Group (TEAM), a portfolio company of Alpine Investors (Alpine), has partnered with AmeriBest Home Care (AmeriBest), a home care agency that provides home and community-based services in the greater Philadelphia region.
AmeriBest will continue to operate under its current brand name within TEAM Public Choices (TPC), a division of TEAM that serves clients through Medicaid and other state-sponsored disability programs. Omar Khanataev will remain as AmeriBest’s CEO.
Both AmeriBest and TPC are committed to providing high-quality patient and caregiver services to seniors and people with disabilities in the comfort of their own homes and focus on providing care that
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm