Allocations
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
athenahealth, a provider of network-enabled services for hospital and ambulatory customers nationwide, has been acquired by an affiliate of Veritas Capital (Veritas) and Evergreen Coast Capital (Evergreen) for approximately USD5.7 billion in cash.
Virence Health (Virence), the former GE Healthcare Value-based Care assets that Veritas acquired in 2018, will combine with athenahealth under the athenahealth name and brand. The combined company will be led by Virence Chairman and Chief Executive Officer Bob Segert and an executive leadership team comprised of executives from both companies, and will be headquartered on the athenahealth campus in Watertown, Massachusetts. As part of the transaction,
Investcorp has acquired a controlling stake in Revature, a technology talent development company.
The terms of the transaction have not been disclosed.
Revature, one of the largest employers of university graduates in the US, offers no-cost coding immersion programs that are the first in the industry to address the growing technology skills gap. Revature’s unique model provides turn-key talent acquisition services for its Fortune 500 and consulting clients. For customers, Revature recruits, develops and deploys enterprise-ready technology talent that enables these corporates to succeed. For university graduates, Revature provides coding immersion programs that offer pathways to building careers as
Private investment firm VSS’ portfolio company TCC, a Los Angeles-based technology and services provider to corporate human resources and tax departments, has acquired uConfirm, an independent provider of income and employment verification services.
Financial terms of the transaction have not been disclosed.
uConfirm provides employee verification data to third parties such as lenders, pre-employment screening providers, property managers, social service agencies and other organisations. The company provides a secure platform that reduces the burden on employers and employees alike.
“uConfirm’s advanced data platform is a complementary fit with TCC’s comprehensive tax credit and incentive solutions business,” says Jeffrey
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
