Allocations
This week’s newsletter brings news of Private Equity Wire’s European Mid-Market Summit – Inside the mind of the modern mid-market/emerging PE manager – which was held at the Reform Club in Pall Mall, London on Tuesday, 26 June and provided 80 or so attendees with the opportunity to meet and listen to some of Europe’s leading emerging managers in a series of panel discussions.
Also, this week, Anastasia Williams, Head of Private Equity, Americas at TMF Group, explains why she believes the big US private equity fund managers are set to remain the vanguard of the PE growth story and
Arlington Capital Partners a US private equity investment firm focused on government-regulated sectors, has held the final close of its latest fund, Arlington Capital Partners V with total capital commitments of approximately USD1.7 billion – hitting the Fund’s hard cap.
The fundraise, which was significantly oversubscribed, successfully reached its final closing in three months from its launch. The fund sourced capital commitments from a hand-selected, globally diverse group of marquis investors, including public pension funds, corporate pension funds, insurance companies, fund of funds, and foundations.
Fund V will continue Arlington’s strategy of targeting high-growth government-related sectors including aerospace and
Gresham House Renewable Energy VCT 1 and Gresham House Renewable Energy VCT 2 have exited their nvestments in ChargePoint Services Ltd (CPS) via a trade sale to Engie as part of the French utility’s buyout of 100 per cent of CPS.
The exit will generate a total rate of return to shareholders of 11.9 per cent per year based on the initial purchase consideration, rising to 13.2 per cent per year if all future tranches of the purchase consideration, linked to CPS’ future performance, are received.
The Gresham House VCTs invested GBP1 million (GBP0.5 million per VCT) in CPS in
Lovell Minnick Partners (LMP), a private equity firm focused on investments in the global financial services industry, has completed a significant minority investment in oneZero Financial Systems (oneZero), a provider of software and technology solutions to the rapidly growing foreign exchange (FX) trading industry.
Financial terms of the private transaction have not been disclosed.
Founded in 2009 and headquartered in Cambridge, Massachusetts, oneZero provides FX and multi-asset class liquidity, distribution, business intelligence and risk management solutions to the retail brokerage and institutional marketplace, including hedge funds, prime brokers and global banks. Through its international presence across offices in the United Kingdom, Australia, Singapore and Cyprus, the Company offers hosted and SaaS-based solutions that
MackeyRMS, a provider of research management software, has secured a significant equity investment from Resurgens Technology Partners.
The partnership makes MackeyRMS the third FinTech investment in Resurgens’ USD200 million flagship private equity fund, and will enable the Company to accelerate investment in its market-leading software, expand its global presence and enhance the overall customer service experience.
MackeyRMS is a rapidly growing provider of SaaS-based research management software built for today’s modern buy-side investment firms, including global asset managers, asset owners, hedge funds, fund-of-funds and private equity funds. The platform unites existing workflows with disparate data sources to streamline research
LDC-backed Mitrefinch, one of the UK’s leading developers of human capital management (HCM) software, has recorded double-digit revenue growth following a year of expansion at home and overseas.
The York-headquartered business reported a 12 per cent growth in revenue to GBP16.3million (2017: GBP14.6million) in the year to November 2018, while EBITDA grew 22 per cent to GBP5million over the same period (2017: GBP4.1million).
Mitrefinch’s success was bolstered by a year of overseas expansion, with the business now operating across the UK, US, Australia and Canada, and with international sales accounting for 26 per cent of turnover.
On home
HSBC Private Banking has held the successful close of Vision Private Equity 2019 – the first in a new programme of annual Vision Funds providing private clients with access to primary, secondary and direct co-investments across multiple geographies, sectors and strategies.
With over USD250 million raised globally, the Fund has proved popular internationally with investors looking for diversified private equity solutions, as well as clients wishing to meet their annual asset allocation requirements in private equity through a single, well diversified and professionally constructed portfolio.
Henry Lee, Global Head of Managed Investment Solutions, HSBC Private Banking, says: ‘’The Vision Fund
Private capital is growing in significance as a source of funds for private equity funds, new research carried out by Guernsey Finance has revealed.
The PE industry – particularly smaller, boutique and specialist managers – are taking advantage of the spectacular growth of private capital over the decade since the global financial crisis.
The research project, carried out at this year’s SuperReturn conference in Berlin, showed that managers are increasingly being viewed as a source of deal flow as much as for their investment management expertise. Private capital now can amount to as much as 75-100 per cent of
TPG, a global alternative asset firm, is to make a non-controlling strategic investment in Harlem Capital Partners (HCP), an early-stage venture capital firm.
In connection with its investment in the company, TPG will commit capital to HCP Fund I. The investment will provide HCP access to resources to help scale its business, enhance operating capabilities, and support its portfolio. Terms of the investment were not disclosed.
Led by Managing Partners Henri Pierre-Jacques and Jarrid Tingle, HCP is committed to backing minority and women founders across industries in the United States. The firm is on a mission to change the face
Manchester digital agency RUN2 has received a GBP500,000 investment from >_fund:tmt, a dedicated fund for fast-growing tech and media companies, which will be used to expand and implement a new AI platform for online client hyper-personalisation and recommendation engines.
The platform promises to completely transform the output of the agency.
The investment comes following a period of significant growth for RUN2, which has achieved double digit growth and annual turnover approaching GBP1m for last year.
RUN2’s owner, Christian McGinty, says: “It’s been an incredible journey for us so far; achieving the growth we have for the past year is testament
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
