Allocations
Ropes & Gray advised Hamilton Lane on Hamilton Lane Strategic Opportunities Fund V which has attracted more than USD760 million in commitments from a wide range of global LPs including repeat as well as new investors from Asia, the Middle East, Europe and North and South America.
The Fund announced its final close on 30 July.
The Series is focused on making credit-oriented investments with consistent cash yield, shorter duration and attractive risk-adjusted returns. Consistent with previous vehicles, the Fund is comprised of a diverse set of institutions, including Taft-Hartley pension funds, insurance companies, high-net-worth individuals and endowments and foundations.
Dallas based Surge Private Equity (Surge) has closed its investment in Manhattan based Hippodrome Services Group (Hippodrome) with financing provided by Harvest Capital Credit Corporation (Harvest) and Modern Bank (Modern), which acted as administrative agent in the transaction.
Operating for 20-plus years, Hippodrome provides outsourced laundry and dry-cleaning services to 4- and 5-star hotels in Manhattan. With a nine-year weighted average customer tenure, Hippodrome’s customer satisfaction is unparalleled in the Manhattan market. Due to its focus on high touch service and avoidance of lower-quality tunnel washing, Hippodrome has emerged as one of NYC’s premier providers in the Hotel laundry industry.
LDC-backed Fishawack, a leading independent healthcare communications specialist, has acquired US-based healthcare communications agency, 2e Creative, for an undisclosed sum.
The deal, which follows the acquisitions of creative consultancy Blue Latitude, Healthcircle Advertising Limited and healthcare marketing agency Dudnyk, marks the fourth acquisition for Fishawack over the past 12 months. The firm has made a total of five acquisitions with the support of mid-market private equity investor LDC since LDC backed the GBP38million buyout of the business in 2017 with a commitment to support its international buy-and-build strategy.
The acquisitions take Fishawack’s global headcount to more than 750, placing
ComplianceOnline, a provider of global regulatory intelligence to the gambling and payment sectors, has been acquired in a management buy-out, backed by the primary buyout specialist Kester Capital (Kester).
The investment comes at a time of significant momentum for Kester, which recently expanded its investment team and completed its third portfolio bolt-on acquisition in twelve months.
Through its Gambling Compliance, Payments Compliance and RegData products, ComplianceOnline enables compliance and legal teams around the world to manage risk confidently and discover new market opportunities by providing in-depth insight, analysis, commentary and research. As the volume and pace of regulation increases
An organisation that aims to support over 300 people with severe mental health problems enter the workplace across multiple London boroughs has received investment through an outcomes-based contract from Big Issue Invest’s (BII) Outcomes Investment Fund.
BII, the social investment arm of The Big Issue, made the GBP227,000 investment into the Mental Health and Employment Partnership (MHEP) last month.
The GBP227,000 that has been committed by BII will support people, in the London boroughs of Haringey and Barnet, who without intensive support are statistically unlikely to enter the job market. The delivery provider, Twining Enterprise has over 20 years’ experience
Private investors have committed GBP8 million to a specialist fund targeting the rapidly-growing alternative lending market, through Connection Capital, a specialist private client investment business.
A syndicate of 86 Connection Capital clients have invested in the BCI Credit Opportunities Fund, which provides loan capital of GBP2 million-GBP20 million to alternative lenders which operate digital platforms and are looking to scale their consumer or SME loan businesses.
Connection Capital says the reason for such strong investor appetite is due to the attractive market dynamics.
The alternative lending market is one of the fastest growing sectors in the UK, driven by advances
Glennmont Partners has completed the acquisition of a 42MW windfarm project located in Sicily from Athena Investments. As part of the same transaction, private investment house Ardian Infrastructure, has completed the acquisition via its controlled company 4New, of a 157.2MW portfolio of brownfield wind farms and photovoltaic plants located in Italy and Spain.
The windfarm in Italy started operations in 2010, benefits from a Feed in Tariff scheme and is located in an area with outstanding wind resources. This acquisition represents a further step in the capital deployment of Glennmont’s €850m Clean Energy Fund III which achieved final close in
Centre Partners, a middle market private equity firm with offices in New York and Los Angeles, has sold its portfolio company Stonewall Kitchen to Audax Private Equity. Financial terms of the transaction have not been disclosed.
Founded in 1991, Stonewall Kitchen is a leading manufacturer of premium branded specialty food and gift products, including jams, olive oils, bottled sauces, crackers and pancake mixes. The Company has more than 6,000 wholesale accounts nationwide and internationally; a thriving online direct-to-consumer business; a flagship campus in York, Maine featuring a company store, café and cooking school; and nine retail Company Stores located throughout
Denham Capital has sold BioTherm Energy to Actis Capital, a leading emerging market investor, for an undisclosed sum. Denham invested in BioTherm Energy through its Fund V and helped build it into a leading African independent renewable power company.
Jasandra Nyker, currently CEO at BioTherm, will become a Managing Director in Denham Capital’s International Power Group following the exit. Jasandra will be responsible for origination, analysis, structuring, valuation and execution of investments for the International Power Deal Team. She brings over 20 years of experience to the firm.
Since joining BioTherm in 2011, Jasandra has grown the business into
FNA has closed USD5.5m Series A investment round led by IQ Capital, with participation from GETTYLAB.
The funds will be used to further develop the FNA platform and solutions to help financial regulators and institutions operationalise advanced data analytics, identify fault lines in the financial system and prepare better for financial crisis and cyber threats.
Founded in 2013, FNA is a London-based RegTech and SupTech (Supervisory Technology) company that uses its network analytics, AI and machine learning platform to enable financial institutions to map and monitor complex financial systems, and to simulate operational and financial risks. FNA works with leading
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm