Allocations
Maven Capital Partners (Maven) and NVM Private Equity (NVM) have completed a GBP3.25 million equity investment in UK fintech start-up Mojo Mortgages (Mojo).
The investment, which has been equally funded by Maven and NVM, is part of a wider GBP7 million funding round, will support Mojo’s ambitious growth plans and help the Company further evolve its unique and intuitive platform to enable a more empowering experience for consumers looking for a new mortgage or associated insurance products such as income protection.
The mortgage market is well established with 1.6 million mortgages sold in 2017, generating GBP1.15 billion of fees.
Sekhmet Ventures has launched a new venture capital fund focussed on beauty and wellness. The fund focuses primarily on companies with science-based products in the beauty and wellness markets.
Sekhmet Ventures provides its portfolio companies with more than just capital. Sekhmet Ventures has assembled a team of experts who support its portfolio companies with expertise and extensive experience in marketing, sales, manufacturing, regulatory compliance and other commercial aspects of a beauty and wellness company. By providing these services, portfolio companies are able to accelerate growth without the additional time, capital and potential dilution that would be required to build the infrastructure required
Overall European private equity deal volume reached an all-time annual record of 2,230 in 2018, according to Preliminary figures released in the Q4 2018 Private Equity Barometer, published by unquote in association with Aberdeen Standard Investments.
Deal value in 2018 reached an 11-year high of EUR199 billion, with Q4 the weakest of the year with 497 transactions, down 12 per cent on Q3. Value also had a slow end to the year at EUR30.5 billion, the lowest since Q3 2016.
In terms of European buyouts, volume declined very slightly on the year, coming in at 981 compared with last
IHS Markit, a specialist in critical information, analytics and solutions, has launched an environmental, social and governance (ESG) data collection and reporting solution for private equity (PE) firms, venture capital (VC) firms, their portfolio companies and investors.
The solution is part of iLEVEL, a sophisticated platform connecting participants in private capital markets.
A recent study by Private Equity International found that 85 per cent of limited partners (LPs) consider ESG factors during due diligence. However, there is no single standard for general partners (GPs) to follow and it can be difficult for LPs to collect the ESG data
BlueBay Asset Management’s (BlueBay) Private Debt Group has closed its Direct Lending Fund III and associated vehicles with investable capital in excess of EUR6 billion.
BlueBay’s Private Debt platform has approximately EUR13 billion of AUM and has successfully completed more than 100 transactions across 11 geographies since inception in 2011.
The new fund aims to provide financing solutions to upper and mid-market European businesses to facilitate M&A transactions, growth financing and re-financings. The fund is BlueBay’s fourth generation of Private Debt vehicles, following the final close of Senior Loan Fund I in 2017, and two previous generations of Direct
Alantra Private Equity fund has acquired a majority stake in the capital of Frías Nutrición (Frías). The management team will continue to be a relevant shareholder in the company, maintaining its involvement in the management and daily operations of the business.
The deal, which is subject to approval by the competition authorities, will be the seventh deal closed by Alantra Private Equity Fund III.
Founded in 1919 and headquartered in Burgos (Spain), Frías is a national leader in production and distribution of vegetable beverages (oats, soybeans, almonds, coconut and rice), broths, creams and other healthy products, mainly for the
An affiliate of CenterGate Capital (CenterGate), an Austin-based private equity investment firm, has made an investment in Mid-State Industrial Maintenance (Mid-State), a provider of on-site and off-site industrial maintenance and service solutions.
Established in 1973 and headquartered in Lakeland, Florida, Mid-State serves a wide customer base across the southeastern United States, spanning the chemical processing, phosphate mining, power generation, and building products industries. CEO Jeff Clyne will continue to lead Mid-State and serve on its Board of Directors.
“We are excited about our partnership with CenterGate and what it means for our employees and customers,” says Clyne. “CenterGate’s investment
The market for private equity (PE) collateralised fund obligations (CFOs) continues to gain traction post-financial crisis, according to Fitch Ratings. Since the first post-financial crisis CFO deal came to market in 2014, five transactions with a face value of USD3.4 billion have been issued.
“The resurgence of the PE CFO market coincides with the growth of the secondaries market for PE interests overall,” says Greg Fayvilevich, Senior Director, Fitch Ratings. “Insurance sponsors, secondaries funds, and various limited partners are increasingly looking to PE CFOs for regulatory capital relief, alternative funding sources, PE portfolio management or to generate liquidity.”
PE
Kuber Ventures, an alternative investment platform specialising in EIS and SEIS, has added three new funds available to individual investors and advisers building diversified tax efficient portfolios on behalf of their clients.
The three new funds announced by Kuber are the Evergreen EIS Fund from EMV Capital (EMVC), Vala EIS Portfolio and Velocity SEIS Technology Fund 4, each of which allows investment into early stage, knowledge-intensive companies.
The EMVC Evergreen EIS Fund invests in B2B businesses built on core technological innovations generating tangible economic value for the UK economy. It will leverage EMVC’s corporate network to validate the opportunities
HIG Capital (HIG) has completed the sale of its portfolio company Caraustar Industries (Caraustar) to Greif, Inc for USD1.8 billion.
Headquartered in Austell, GA, Caraustar is a specialist in the production of uncoated recycled paperboard (URB) and coated recycled paperboard (CRB), with a variety of applications that include tubes and cores and a diverse mix of specialty products. Additionally, Caraustar is also one of the largest collectors and processors of recovered fibre in the United States. The Company services its diversified customer base through a large network of facilities across North America.
HIG acquired Caraustar in May 2013 in
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
