Allocations
Jaipur-based Finova Capital (Finova), a Non-Banking Financial Company, has raised USD15 million from Faering Capital and existing investor Sequoia India. Finova will use the funds to expand its presence and enable access to credit for the unbanked population.
Finova Capital aims to serve the ‘missing middle’ of the MSME segment – small businesses and service providers in small towns and rural areas, who are looking for mid-ticket loans of INR 5-6 lakhs for a period of up to seven years. The loans are provided at customised terms and designed keeping the end customer in mind.
Currently operating out of
Funds advised and managed by YFM Equity Partners (YFM), a specialist private equity fund manager have backed a significant investment into Frescobol Carioca Limited (Frescobol).
YFM’s investment comes from its two advised VCTs, British Smaller Companies VCT plc and British Smaller Companies VCT2 plc.
Founded in 2013 as the brainchild of friends Harry Brantly and Max Leese, Frescobol’s roots lie in their Brazilian heritage and travel experiences which are reflected in a range of luxury men’s swimming trunks and resort wear that references and brings to life the Rio beach lifestyle. Growth in recent years has been rapid, now
Maven Capital Partners (Maven) has held the final close of the Maven UK Regional Buyout Fund with total commitments (including from co-investment vehicles) of GBP100 million from a diverse range of investors, including Scottish Enterprise, family offices, high net-worth syndicates, pension funds, fund of funds and asset managers.
The Fund targets attractive management buy-out (MBO) opportunities in companies across the UK with an enterprise value of GBP10 million to GBP40 million, aiming to invest between GBP5 million and GBP15 million in each transaction.
The fund has already deployed close to GBP30 million in three transactions, supporting the MBOs of John
BlackRock is to acquire 100 per cent of the equity interests in eFront, an end-to-end alternative investment management software and solutions provider, from private equity firm Bridgepoint and eFront employees, for USD1.3 billion in cash.
The combination of eFront with Aladdin, BlackRock’s investment operating platform used by more than 225 institutions around the world, will set a new standard in investment and risk management technology.
eFront, which serves more than 700 clients in 48 countries, is a comprehensive technology solution for managing the alternatives investment lifecycle, from due diligence and portfolio planning to performance and risk analysis, across a
Onex Corporation (Onex) is to acquire Gluskin Sheff + Associates (Gluskin Sheff) (TSX: GS) for CAD14.25 per share which represents a 28 per cent premium to Gluskin Sheff’s closing share price on 22 March, 2019, and a 37 per cent premium to the 60-day volume weighted average price (VWAP).
The total cash consideration for 100 per cent of Gluskin Sheff’s equity is approximately CAD445 million.
This combination will bring together two of Canada’s most entrepreneurial and successful investment firms and broaden the product suite available to Gluskin Sheff’s clients. Gluskin Sheff will continue to be led by its existing leadership team and
Fiera Capital Corporation (Fiera Capital) is expanding the offering on its Private Alternative Investments platform with the acquisition of Integrated Asset Management Corp (IAM).
IAM’s private debt investment is being incorporated within Fiera Private Lending and the industrial real estate team joining Fiera Properties. The transaction received the unanimous support of the board of directors of both companies, and IAM shareholders holding 62 per cent of issued and outstanding IAM Shares have entered into voting and support agreements in favour of the Transaction, which is expected to close in the second quarter of 2019.
“This acquisition further strengthens and diversifies Fiera Capital’s
SGG Group, the world’s fourth largest investor services group, has adopted a new name, visual identity and corporate website. SGG Group has rebranded to become IQ-EQ.
IQ-EQ unites SGG, First Names Group, Augentius, Iyer Practice and Viacert under one single brand.
Mark Pesco, Group CEO, says: “Our new name brings together the rare combination of technical expertise with a deep understanding of the needs of our clients. To deliver for our clients depends not just on our ability to provide expert services, but equally on how well we know them and their business. We believe in personal relationships developed over
The innogy Innovation Hub, which identifies, funds, and mentors game-changing technologies and ideas, has closed a seed investment round in FirstPoint Mobile Guard (FirstPoint), global innovators in cellular Cybersecurity-as-a-Service. Financial terms were not disclosed.
FirstPoint’s network-level protection shields all cellular devices against hidden network vulnerabilities that stump security teams: IMSI catchers (fake base stations), malicious SMSs, location trackers, and other tactics that can steal sensitive communications and data.
This military-grade, proven Cybersecurity-as-a-Service detects, alerts, protects and deceives, without requiring user intervention to install or update anything. Organisations can also customise protection by defining and modifying policies per device, which
SGG Group, the world’s fourth largest investor services group, has adopted a new name, visual identity and corporate website. SGG Group has rebranded to become IQ-EQ.
IQ-EQ unites SGG, First Names Group, Augentius, Iyer Practice and Viacert under one single brand.
Mark Pesco, Group CEO, says: “Our new name brings together the rare combination of technical expertise with a deep understanding of the needs of our clients. To deliver for our clients depends not just on our ability to provide expert services, but equally on how well we know them and their business. We believe in personal relationships developed
Global private investments firm Flexstone Partners, an affiliate of Natixis Investment Managers, and Hostplus, an Australian superannuation fund, are to launch a US private equity emerging managers programme dedicated to Hostplus and designed to provide risk-adjusted investment solutions to qualifying Hostplus members.
The emerging managers programme will see Flexstone Partners invest over the next three years in the first, second or third funds of US mid-market private equity managers on behalf of the industry superannuation fund.
“We believe successful US emerging managers program members tend to deliver higher fund returns, on average, compared to the returns of their former funds,”
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
