Managers
Strategic Partners Fund Solutions (Strategic Partners), Blackstone’s (NYSE:BX) dedicated secondary and fund solutions business, has held the final closing at the hard cap of USD1.75 billion for Strategic Partners Real Assets II (S PRA II), its second global infrastructure-focused secondary fund.
SP RA II’s global investor base is comprised of sovereign wealth funds, pension funds, financial institutions, endowments, foundations and family offices. SP RA II began investing in May 2017 and has already closed or partially closed 14 transactions.
Stephen Can, Senior Manager Director and Co-Head of Strategic Partners, says: “We are deeply thankful for our investors’ continued support
Oak North-backed Inception Group is to embark on its biggest expansion to date, doubling the size of its ‘Around The World in 80 Days’-inspired Mr Fogg’s Collection of bars, with the opening of three more premises.
Mr Fogg’s House of Botanicals will open in Fitzrovia this June, followed by Mrs Fogg’s, which is inspired by Aouda, wife of intrepid explorer Phileas Fogg in the Jules Verne’s classic adventure novel. Opening in Broadgate Circle in September, Mrs Fogg’s will be the company’s first foray into the City. The trio of new bars will be completed by the opening of Mr Fogg’s Society
Lincolnshire Management has sold Amports, a leading North American port terminal operator, to a group of investors led by InstarAGF Asset Management.
Amports controls portside acreage at many of the top roll-on, roll-off ports across the United States and Mexico, including in the San Francisco Bay Area, Baltimore, Jacksonville and Altamira, Mexico. Terms of the private sale were not disclosed.
Based in Jacksonville, Florida, Amports provides customers with seamless logistical and portside services in vehicle processing, including rail loading and unloading, inspection, storage, accessory installations, and customisations, repairs and regulatory homologation services. Throughout its 60-year history, the company has
Private equity firm HIG Capital (HIG) has closed the sale of HelpSystems Holdings (HelpSystems) to HGGC.
Founded in 1982 and headquartered in Eden Prairie, MN, HelpSystems is a leading provider of systems and network management, business intelligence, and security and compliance solutions. The Company delivers IT infrastructure software for IBM i, Unix, Linux, and Windows environments to over 13,000 customers worldwide. Customers come from virtually every industry and range in size from small and midsize businesses to Fortune 500 organisations.
In October 2015, HIG acquired HelpSystems through a private transaction. “HelpSystems is a terrific organisation with exceptional leadership. Chris
Swarm Fund, the blockchain for private equity, has announced its second Real Estate fund, the Viejo San Juan Comunidad RE Holdings Fund.
The fund, available to Swarm Fund’s accredited investors, will target redevelopment of property and other projects in the ‘Old San Juan’ section of San Juan, Puerto Rico, serving both the traditional community housed there and the new ‘crypto community’ beginning to emerge, with a focus on market-rate office space, short-term residence and other properties.
The real estate asset-backed fund, which was opened last year, is led by the management team of Stephen Inglis and Mercy Zayas, veterans
Abacus Group, a provider of hosted IT solutions and application hosting for alternative investment firms, has reported a 21 per cent increase in revenue in Q1 2018 compared with the same period in 2017.
The growth is attributed to winning a large number of new clients for its signature AbacusFLEXä IT-as-a-Service solution as well as new application hosting clients. Abacus Group also recently announced it has tripled its UK client base and was selected by TraderTools to host its FX trading network in the Abacus Private Cloud in both the US and the UK. Over the last 10 years since
Palmer Square Capital Management, an asset management firm that provides portfolios of corporate credit, structured credit and alternative credit strategies to a wide range of institutional and high net worth investors, has surpassed the USD5.0 billion assets under management mark ending the first quarter of 2018 at approximately USD5.5 billion.
Christopher D Long, President of Palmer Square, says: “We are incredibly proud of this accomplishment as we believe we have achieved this growth not only due to our continued strong risk-adjusted investment performance, but also the increased investor recognition of the depth of the Palmer Square team, investment process and
Elaghmore Partners, a UK-focused private equity firm, has acquired Priden Engineering Limited (Priden) for an undisclosed multi-million-pound sum.
Based in Wisbech, Cambridgeshire, Priden delivers bespoke engineering solutions to leading companies in a host of sectors including Pneumatic Vehicles, Commercial Bodies, Truck and Bus, Food Industrial Engineering as well as providing financial services for customers of its truck and trailer division.
Founded in 1988, Priden Engineering provides among other things a complete range of aluminium and stainless-steel products for commercial vehicles, stainless steel systems for the food industry such as individual machines and full production lines and is the chief
Bain Capital Private Equity has acquired World Wide Packaging, a provider of cosmetic packaging components, plastic tubes, and formulation/filling technologies.
The firm has agreed to purchase a Chinese cosmetics packaging manufacturer and plans to merge the two companies to form a fully integrated solutions provider. Bringing together World Wide Packaging’s strong design capabilities, rich library and fast turnaround times, with reliable manufacturing capabilities in China, the combined entity will be well-placed to provide innovative solutions to beauty brands in the US and beyond.
Established in 1980, World Wide Packaging provides the cosmetics and personal care industries with a complete range
Innova Capital, a private equity fund in Central and Eastern Europe, has confirmed the first close of its Innova/6 fund at EUR194 million, thereby significantly exceeding the minimum target of EUR150 million.
At the same time, within twelve months up to the first close, Innova has achieved as much as 60 per cent of the hard cap set out at EUR 325 million.
Over 60 per cent of the committed capital came from LPs in the company’s prior funds, with remaining commitments provided by new investors. Half of the capital raised came from commercial investors, while the other half from
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
