Managers
Imbiba, a specialist leisure and hospitality investment group, has closed the Imbiba Growth Fund at its hard cap target of GBP50 million.
With an investment of GBP30 million provided by the British Business Bank, the Imbiba Growth Fund will provide growth capital and operational support to young and dynamic UK leisure businesses seeking to scale.
The GBP30m contribution comes from the British Business Bank’s Enterprise Capital Funds (ECF) programme, which combines private and public money to make equity investments in high growth businesses. Since inception, around GBP1.14 billion (including third party investment) has been committed through the programme. The
A growing number of Jersey-registered fund managers are opting to future-proof their strategies and market into Europe through national private placement regimes (NPPRs) under the Alternative Investment Fund Managers Directive (AIFMD), according to the latest figures from Jersey’s regulator, the Jersey Financial Services Commission (JFSC).
As at December 2017, 149 alternative investment fund managers (AIFMs) had been authorised in Jersey to market into Europe through NPPRs, up 17 per cent compared to December 2016, clearly highlighting that the use of private placement continues to work well as a means of marketing funds into the EU.
Over the same period,
Consett-based renewable energy company set for expansion after securing investment from Durham County Council Fund.
The Finance Durham fund, managed by Maven Capital Partners (Maven), has completed a GBP650,000 investment in Consett-based biomass energy plant, SDS Inc Limited (SDS).
SDS generates heat, gas and electricity from wood chippings, producing solid wood fuel briquettes, a cheaper alternative to the traditional seasoned hardwood used for wood burning fires and stoves. The investment will allow SDS to purchase additional machinery to improve efficiency and sell wood briquettes on a commercial scale for use in log burners.
The investment into SDS is
One year after the final close of its first co-investment vehicle, Essling Capital has secured more than EUR115 million for its second co-investment fund, Essling Co-Invest 2 (ECI 2).
ECI 2 distinguishes itself from its competitors: fund life span is significantly reduced to 5 or 6 years, thanks to a shorter investment period (12 months). The fund targets to invest through 4 to 8 minority acquisitions, with broad diversification across sectors and geographies, and with EUR10 million to EUR30 million invested by deal.
Being raised since September, the fund has already deployed circa 40 per cent of its commitments
Activant Capital Group, a global growth stage venture capital firm investing in commerce infrastructure and IoT companies, has held the final closing of its second fund, Activant Ventures II, with USD129 million in committed capital, 70 per cent larger than its first fund.
Ventures II has already made four investments to date, and the Firm will continue to focus on partnering with world-class entrepreneurs and management teams. Activant Capital Group’s 15-year lock-up on their fund allows the firm to be true long-term partners with entrepreneurs and CEOs. The extended lock-up is a unique attribute, and Activant Capital Group is proud
Property Innovation Labs (Pi Labs), a property tech venture capital firm, has secured a strategic equity investment to accelerate its global growth, led by Värde Partners.
The new capital injection will be used to scale the business as part of Pi Labs’ aim to create a globally diversified portfolio. London-based Pi Labs, which separately closed its second fund of USD10 million in June 2017, will continue to bolster its investment capabilities with larger funds going forward. The VC firm also continues to explore expanding internationally over the next 18 months.
This investment gives Värde, along with the other participants in the
Artemid, the joint venture between Capzanine and Amiral Gestion, specialised in Small and Mid-Cap Financing, has successfully closed its second senior loan fund (Artemid Senior Loan II).
Supported by its fifteen initial institutional investors, alongside new investors, ASL II reached EUR413 million, well above its target.
As a reminder, Artemid also manages a dedicated EUR70 million mandate on behalf of an insurer. Since its inception in 2014, Artemid has raised EUR750 million.
“Relying on the success of the first fund (ASL I) and on its dynamic deployment over two years, we have suggested to our investors to pursue
Norwest Venture Partners has closed its largest fund to date, Norwest Venture Partners XIV. The new USD1.5 billion fund targets disruptive and market-leading companies from seed to late-stage across consumer, enterprise and healthcare sectors.
The launch of Norwest Venture Partners XIV, which brings the firm’s total capital commitments to more than USD7.5 billion, closes on the heels of a record two years, as 30 of the firm’s portfolio companies achieved notable liquidity events.
Norwest Venture Partners XIV follows Norwest Venture Partners XIII, a USD1.2 billion fund, which closed in January 2016. Since then, Norwest has made 80 new and
IK Investment Partners’ (IK) IK VIII Fund is to acquire PwC Sweden’s (PwC) business services division for accounting, payroll and related advisory services (Business Services).
Business Services will continue to operate under a new brand which will be developed during the upcoming months.
Business Services is the market leader in accounting, payroll and related advisory services with 71 offices and approximately 1,100 employees across Sweden. Business Services, which operates as a separate division within PwC, supports over 27,000 small and medium-sized enterprises (SMEs). Business Services had a turnover of more than SEK 950 million in 2017, and has shown
European private investment fund Capzanine has made an investment in EOS Corrugate, joining the company’s existing management team and historical investor Eximium to support the group’s development.
Founded in 2013, following Rodicut’s acquisition of Bricq (formerly Voith Paper), EOS Corrugated is one of the world leaders in the production of technical consumables (polyurethane anvil covers, rotatory cutting dies, corrugated belts, and more), mainly for the corrugated cardboard industry. The group, which has 120 staff and a turnover of more than EUR20 million, enjoys international exposure with a presence in over 70 countries.
Capzanine is taking over the majority of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
