Managers
Pathway Capital Management, has closed Pathway Private Equity Fund CV-B (PPEF CV-B), a USD602 million private equity co-investment fund formed in partnership with a US-based institutional investor.
PPEF CV-B will focus on identifying and investing in co-investment opportunities globally alongside high-quality private equity managers across a variety of strategies.
PPEF CV-B represents a continuation of Pathway’s successful 27-year track record of investing in private equity, which includes more than USD1.2 billion invested in private equity co-investments.
Since the inception of the firm in 1991, Pathway has participated in the development of more than 85 private market portfolios, committing
Chelverton Asset Management Limited (‘Chelverton’), a specialist investor in sub-FTSE 100 quoted equities and unquoted SMEs, has completed its third transaction of 2018 on behalf of Members of its Investor Club service, with a GBP1 million growth capital investment in Reading-based iDefigo.
iDefigo initially developed its Internet of Things (IoT) surveillance platform in New Zealand before relocating to the UK in 2013. The company’s offering, combines power management, mobile network optimisation, and intelligent cloud image capture and processing which it says provides organisations with a viable solution for protecting remote assets. The iDefigo camera can be self-installed, without the need
Puppet has secured USD42 million in funding led by Cisco Investments along with EDBI, Kleiner Perkins, True Ventures, and VMware.
The DevOps and automation company recently closed its second acquisition, adding multiple products to its portfolio in the process, and opened new global offices.
“Our rapid growth and international expansion is a testament to the rising demand for DevOps transformation, software automation and the pressing need for enterprises to navigate the new world of software delivery. That’s why we’ve been so focused on expanding our product portfolio—to empower customers to discover, deliver and operate software across their cloud and
Signal Media, an AI-powered reputation management and decision support platform, has raised USD16 million (GBP12 million) in a Series B round led and priced by GMG Ventures LP, the independent VC fund whose limited partner is The Scott Trust, owner of The Guardian news organisation.
MMC Ventures was the largest investor in the round, which included a debt facility from Kreos Capital. Other investors include Frontline, Hearst Ventures, Reed Elsevier Ventures and LocalGlobe.
Signal tackles the information overload facing executives as they seek information they need to help shape their decisions. Signal applies a layer of machine learning to
OakNorth has completed a GBP4.2 million transaction for Dartmouth Partners Ltd, the award-winning recruitment consultancy, with Literacy Capital plc taking a significant minority position.
Founded in 2012 by Logan Naidu, Dartmouth has built itself a reputation in the financial and legal sectors by adopting a unique ‘classroom to boardroom’ approach which has seen it place thousands of candidates from graduate level, all the way up to the C-suite. With a presence in both the UK (London) and Germany (Frankfurt), Dartmouth is the chosen advisor to over 300 firms and has more than 200,000 candidates on its database. Its key clients
Omnes Capital and Ilmatar Windpower have launched a joint wind platform Ilmatar Energy which will target further acquisitions of Finnish and other Nordic development stage and construction ready assets.
In the next five years Ilmatar Energy aims to construct and operate up to 1000 MW of wind power and has already acquired its first project from Metsähallitus, a state-owned enterprise responsible for the management of one third of Finland’s surface area. The project encompasses 50 turbines with a combined nominal capacity of over 200 MW. The project is aimed to be built without any subsidies but is also well-positioned to
IQ Capital, has held the first close of its GBP125 million third fund, IQ Capital Fund III, at GBP92 million.
The fund will invest at Seed and Series A stages into UK deeptech companies with transformational deep-tech, AI or disruptive algorithms at their core and led by visionary founders.
IQCF III builds on the successes of IQ’s existing funds, which included a ‘double dragon’ exit in May to Oracle (a deal that returned an entire fund twice over), enabling the first fund, IQCF1, to deliver a healthy 3.5x net return to its LPs. IQ Capital’s second fund has invested
Highland Europe has closed its third fund in six years, raising EUR463 million to boost funding for globally ambitious European software and internet-enabled businesses.
Significantly oversubscribed, the fund was raised in just 12 weeks and takes the firm’s assets under management to EUR1.1 billion.
There are now 29 active companies in the Highland Europe portfolio, with combined revenues of EUR1.1 billion in 2017. Together the firm’s companies employ over 6,500 people and are based primarily in Germany, the UK, and France and more broadly in Finland, Ireland, Italy, the Netherlands, Spain, Switzerland and the US.
Over the last 18
Paragon Group, a provider of Customer Communications, Identification and Graphics services, has acquired SIMS, the managed services division of St Ives plc. Following this acquisition, Paragon Group revenues will exceed EUR700 million during the next financial year.
SIMS will become part of Paragon Customer Communications’ business in the UK.
With revenue exceeding EUR40 million, SIMS procures a broad range of products and services for blue chip clients to support complete brand engagement programmes. These services will enhance Paragon’s existing supply chain solutions, while SIMS clients will benefit from the data analytics, digital communications and customer engagement capabilities of Paragon
PraxisIFM has acquired Nerine, a provider of private client and corporate administration services to an international client base.
This is Channel Islands-based PraxisIFM’s fourth acquisition in a two year period during which it has grown from employing 300 staff in the summer of 2017 to 520.
Nerine Trust was established in 1997 and the majority of its 92 staff are employed in Guernsey.
PraxisIFM’s Chief Executive Officer, Simon Thornton, says the deal will bring together like-minded teams. “In a world where so many of our competitors are owned by private equity houses or large institutions our continued independence and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
