Allocations
No matter who you talk to, global private equity has enjoyed a period of enormous growth in the last few years and, in Luxembourg, this has proven to be a key factor as it has looked to drive interest, globally, in regulated private equity funds.
As the Association of the Luxembourg Fund Industry (ALFI) reported at the end of 2018, although the PE fund landscape is still dominated by funds of EUR100 million or less in AUM, the number of large PE funds (EUR500 million and above) has increased to represent over 4 per cent of the total, with the
As institutional investors have been increasing allocations to real assets, driven by the persistent low yield environment, the appeal of private equity (PE) has inevitably been on the rise. Luxembourg has become the European epi-centre of this burgeoning industry as its reputation for quality and service precedes it.
According to consultancy Deloitte’s estimates, PE assets under management in Luxembourg have increased by 20 per cent year-on-year, benefiting from the USD436 billion in funds raised globally in 2018.
“We have seen a fairly sustained interest in launching new funds in Luxembourg from managers based around the globe,” confirms Mark Shaw, Partner
Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 6 (MEIF6), has acquired Farnborough Airport from a consortium of private investors.
Farnborough Airport is the only dedicated business aviation airport in the United Kingdom (UK”). The airport, which handles more than 30,000 air traffic movements each year, has facilities designed to maximise travel efficiency, reliability and customer experience for passengers travelling to London and the South East. Farnborough Airport was the world’s first dedicated business aviation airport to receive carbon neutral status from Airports Council International, and its facilities and services have seen it named Europe’s best Fixed-Based
Keensight Capital, a private equity managers dedicated to pan-European Growth Buyout investments, has replaced CAPZA as the majority stakeholder of Geodesial, a developer and distributor of CAD (Computer-Aided Design) and CAE (Computer-Aided Engineering) software for infrastructure.
With over 30 years of experience in the CAD / CAE business, Geodesial is specialised in the development and distribution of software solutions for infrastructure professionals.
Strong of approximately 80 employees and four offices in France, Hungary and Canada, the leading developer in France benefits from an overall market share of approximately 70 per cent. Since 2017 and the arrival of David Le
Varagon Capital Partners (Varagon) is to serve as Administrative Agent on a senior secured credit facility to support the recapitalisation of New Era Technology (New Era), a global IT solutions provider, by Sentinel Capital Partners (Sentinel).
Varagon is a lender to middle-market companies and private equity firms. The company invest across the capital structure and delivers financing solutions for private equity partners.
Sentinel specialises in buying and building businesses in the lower mid-market in the US and Canada in partnership with management. Sentinel targets aerospace and defence, business services, consumer, distribution, food and restaurants, franchising, healthcare and industrial business. They
Creoptix AG, a Switzerland-based company focused on next-generation bioanalytical instruments, has raised CHF8 million in the first closing of a Series C financing round.
The round was led by Swisscanto Invest by Zürcher Kantonalbank and joined by Waters Corporation (NYSE: WAT) as well as existing private investors. Robert Schier of Swisscanto Invest has joined the board of director. With this financing round, the company has raised more than CHF 15 million since 2013. The proceeds enable Creoptix to strengthen its commercial operations in Europe as well as in the US and to expand its market presence.
Creoptix developed and markets
A major global study has found ESG adoption is rapidly gaining traction among sovereign investors and Central Banks. The Invesco Global Sovereign Asset Management Study, which surveyed 139 individual sovereign investors and Central Bank reserve managers, showed nearly two thirds (60 per cent) of sovereigns now incorporate a top-down ESG policy – up from 46 per cent in 2017.
ESG is also increasingly a preoccupation of Central Banks, with 20 per cent now incorporating a policy, up from 11 per cent in 2017.
While equities have been the initial starting point for ESG implementation, this year’s study found of
The Manchester and Tokyo teams of GCA have advised Japanese listed manufacturer Sumitomo Heavy Industries (SHI), a manufacturer and distributor of power transmission and control equipment, on the GBP100 million acquisition of Invertek Drives.
SHI’s current strategy aims to strengthen and expand its business by integrating new technologies in the areas of electric motors and frequency drives and achieving global growth in areas such as robotics and positioning, transportation and logistics and food and beverages. As part of this strategy, the EUR172 million acquisition of Lafert, an Italian motor manufacturer, in 2018 signalled SHI’s portfolio and global market reach business
Apex Service Partners (Apex), a platform of HVAC, plumbing and electrical services, has partnered with Southern Air Heating and Cooling (Southern Air), a residential HVAC services company.
Southern Air, headquartered in Ball, LA, with locations across Louisiana and Mississippi, will join Florida businesses Best Home Services and Frank Gay Services as a member of the Apex platform. Southern Air will continue to be operated independently by the founding Preuett family under its current brand names.
The partnership follows Apex’s plans to invest a minimum of USD100 million in equity capital HVAC, plumbing and electrical services companies across the US in
Private equity firm Warburg Pincus has sold inexio, a provider of fibre-optic broadband networks in Germany, to EQT Infrastructure.
Co-shareholders Deutsche Beteiligungs AG and other minority investors are selling their stakes alongside Warburg Pincus.
Inexio was founded by David Zimmer in 2007 and has invested heavily in fibre-optic infrastructure in rural and small-town communities in Germany, predominantly in the South and South West. Today, the Company provides high-speed internet access to more than 110,000 customers and 6,000 businesses. Inexio’s unique and scalable network, consisting of more than 10,000 km of fibre-optic infrastructure, provides a strong platform for continued growth.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
