Managers
Climeworks AG, a specialist in capturing CO2 from the air, has raised CHF30.5 million in equity funding, from a group of existing and new private investors as well as Zurich Cantonal Bank.
The successful financing round brings the Swiss company another step closer to achieving its vision of capturing one per cent of global CO2 emissions by 2025.
Funds will be used to further industrialise Climeworks’ unique, modular and scalable direct air capture (DAC) technology, reduce costs significantly and prepare for mass production. Climeworks plans to expand its presence in all pioneering markets and strengthen its pole position within
Bellwether Coffee, a specialist in coffee roasting hardware and software, has closed a USD10 million Series A funding round led by Congruent Ventures.
Founding investors FusionX Ventures and Tandem Capital participated alongside New Ground Ventures, Hardware Club, XN Ventures, and Peter and Lyndon Rive.
The funding round is announced as coffee consumption is on the rise and coffee-related start-ups are set to raise over USD1 billion in 2018. According to CB Insights, roughly 64 per cent of US adults drink coffee daily, the highest proportion since 2012. Americans are spending more on coffee than ever as they shift toward premium options,
Washington DC-based private equity firm Arlington Capital Partners (Arlington) has completed the acquisition of the Government Solutions division of Black Box Corporation (BBOX).
Going forward, the business will operate independently as Tyto Athene, a full-service systems integrator and managed services provider of communications systems for Department of Defense and Civilian agency enterprise operations worldwide.
Tyto Athene will be led by the existing management team, including Jeff Murray, the current Senior Vice President of Black Box Government Solutions, as CEO. Chris Meilhammer has been appointed the Company’s COO, and Jason Alexander will continue to lead the Company’s service delivery teams
The independent pan-European investment company Argos Wityu has acquired a majority stake in German aktivoptik Group (aktivoptik), as part of a succession plan via its Fund VII.
This was announced today by both companies. With a network of 76 stores, most of them in hypermarkets and other highly frequented locations, and sales of around EUR50 million (as of 2017), the medium-sized family company is Germany’s fifth-largest optician and hearing care chain. The parties have agreed not to disclose the purchase price or other details of the transaction. The transaction is still subject to approval of the relevant antitrust authorities.
EyeSouth Partners has completed a strategic partnership with Florida Eye Microsurgical Institute and Boynton Beach ASC (Florida Eye Microsurgical), expanding its presence into the South Florida region.
EyeSouth is an eye care-focused physician services organisation formed by Shore Capital Partners, a lower middle market healthcare private equity firm.
Florida Eye Microsurgical is led by ophthalmologists Randy Katz, MD, Lee Friedman, MD, Barry Schechter, MD, and Jason Gorscak, MD, and CFO/Administrator, Jason Feuer. The team consists of five ophthalmologists, one optometrist and approximately 75 support staff. The clinical staff provides care out of four locations in Boynton Beach, Wellington, Boca Raton,
Souter Investments has completed the sale of First Scottish Group, Scotland’s leading independent firm of professional searchers.
First Scottish provides fast, accurate searches and reports for solicitors, conveyancers, estate agents, financial institutions and local authorities.
The company has been acquired by a significant international private investment group with multinational interests across a variety of sectors, and specialism in health care, technology, insurance and financial services. The First Scottish management team, led by Group Managing Director Ian Fraser, will remain with the company and the business will continue to trade under the First Scottish brand.
Fraser says: “Having enjoyed a long
F&C Private Equity Trust has released its interim results up to 30 June 2018 showing high levels of activity in the first six months of the year.
The Net Asset Value (NAV) total return for the six-month period was 1.7 per cent. The discount to NAV per share narrowed to 3.4 per cent as at 30 June 2018, in comparison to 5.1 per cent as at 31 December 2017. The share price total return for the six-month period was 3.6 per cent.
In accordance with the Company’s dividend policy, the Board declares a quarterly dividend of 3.57p per Ordinary
Carey Olsen’s corporate team in the Cayman Islands has represented Lendable, a tech-enabled finance platform, on its latest auto loan securitisation with Mombasa-based lender Watu Credit.
Lendable is mainstreaming off-balance sheet financing for alternative lenders whose customer base is small and micro businesses. Lendable’s risk engine, Maestro, digests and analyses individual monthly repayment data and alternative lender financials. It produces credit data and loan repayment forecasts that can meet the needs of global commercial lenders.
The transaction will enable Watu to grow its capacity across Kenya to finance the purchase of more ‘boda bodas’ (motorcycle taxis) on credit by
Kayne Anderson Capital Advisors has held the final close of its middle market credit fund, Kayne Senior Credit Fund III, at approximately USD3.0 billion of investable capital comprised of limited partner commitments, separately managed accounts and leverage.
The Fund will continue Kayne Anderson’s successful strategy of providing privately originated secured loans to middle market businesses in North America. KSCF III exceeded its fundraising target, with strong support from existing investors and new domestic and international clients, evidencing the strength of the direct lending platform.
“We greatly appreciate the trust and support from our investors. We continue to execute on a
BTIG and its affiliate Pacific View Asset Management have made a strategic investment in Indigena Capital, a firm dedicated to investing in partnerships with Tribal Nations in the United States, and First Nations, Inuit and Métis peoples in Canada (Indigenous Nations).
Financial terms of the private transaction have not been disclosed.
Indigena Capital and its predecessor companies have a 30-year track record of success with more than USD2.0 billion invested for the benefit of Indigenous Nations. Indigena works to identify, capitalise and execute upon investment opportunities that are generated from the unique rights and resources controlled by Indigenous Nations.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
