Managers
Octopus Group (Octopus) has increased its total institutional assets under management (AUM) by over GBP500 million in 2017, the business announced today. Octopus’ institutional AUM is GBP1.7 billion and its total overall AUM is over GBP7 billion.
As investors increasingly turn their attention to the long-term benefits of real asset investments, Octopus has successfully raised capital across several of its key investment strategies. This includes raising funds to invest in renewable energy on the back of Octopus’ track-record as one of the largest renewable energy investors in the UK. The business also completed further fundraises in commercial property and healthcare
An affiliate of Sun European Partners has entered into exclusive negotiations to sell Albéa, a specialist in the BPC packaging industry, to Funds advised by PAI Partners (PAI). The proposed transaction is subject to customary regulatory approvals.
Albéa provides a wide range of solutions for the make-up, fragrance, skincare, personal and oral care markets. The company’s product portfolio includes plastic and laminate tubes, mascaras, lipsticks, lip glosses, compacts, plastic closures and shells, spray-caps, jars, lids, cosmetic accessories, bags & promotional items. Albéa boasts 38 manufacturing sites in Europe, Americas and Asia, with global headquarters based in Paris.
Albéa was
SoftBank Group has completed its previously announced acquisition of Fortress Investment Group (Fortress) for USD3.3 billion in cash. Following the close of the transaction, SBG and its wholly-owned subsidiaries own all outstanding Fortress shares.
The completion follows the satisfaction of all conditions to the closing of the transaction, including approval of the transaction by Fortress shareholders on 12 July, 2017 and receipt of all necessary regulatory approvals.
As a result of the acquisition, each outstanding Fortress Class A share was converted into the right to receive USD8.08 per share in cash, with merger proceeds to be distributed in accordance with
KKR is to acquire PetVet Care Centers from Ontario Teachers’ Pension Plan, L Catterton, and other existing shareholders. Financial details of the transaction have not been disclosed.
PetVet provides a full spectrum of veterinary services ranging from preventative and primary care to emergency critical care and surgeries. PetVet works in partnership with over 600 board certified specialists and general veterinarians across its network of 125 locally branded hospitals in 22 states.
“PetVet partnered with Ontario Teachers’ because of its deep experience investing in multi-site healthcare platforms, and this transaction marks the next stage of our company’s evolution,” says Gino Volpacchio, Chairman
An affiliate of Sun Capital Partners is to sell Aclara Technologies (Aclara), a provider of smart infrastructure solutions for utilities, to Hubbell Power Systems in a deal worth USF1.1 billion.
Headquartered in St Louis, Aclara is a worldwide supplier of smart meters and other field devices, advanced metering infrastructure and software and services to more than 800 water, gas, and electric utilities. Aclara enables utilities to predict and respond to conditions, leverage their distribution networks effectively, and engage with their customers.
“We’re extremely proud that we were able to grow and transform Aclara by applying our deep experience in
GSO Diamond Portfolio Fund, a newly formed USD950 million investment fund sponsored by GSO Capital Partners (GSO), has closed on the previously announced acquisition of approximately USD2.4 billion in corporate loans and other credit investments from NewStar Financial (NewStar).
Immediately following the sale of these assets to the fund, NewStar was acquired by First Eagle Investment Management (First Eagle), a privately owned investment firm with USD116 billion in assets under management.
GSO believes this investment represents an attractive and unique opportunity for the Fund’s investors to gain access to GSO’s large and growing loan platform via a diversified and funded
Crédit Agricole has finalised its acquisition of Natixis’ 15 per cent stake in CACEIS. As a result, it now controls 100 per cent of the share capital of the business.
With approximately EUR2.6 trillion in assets under custody, EUR1.7 trillion euros in assets under administration and a presence in nine European countries, CACEIS is one of the industry’s leading players in Europe.
Crédit Agricole believes CACEIS will benefit from integration with its Large Customers business line and that the anticipated gradual normalisation of the interest rate environment should support the subsidiary’s activity in the coming years.
In parallel with this
Activist hedge fund Cevian Capital has agreed to sell its entire shareholding in AB Volvo (Volvo) to Zhejiang Geely Holding Group (Geely Holding), subject to regulatory approval.
The acquisition comprises 88.47 million A-shares and 78.77 million B-shares, corresponding to 8.2 per cent of the capital and 15.6 per cent of the votes, which represents the largest ownership in AB Volvo by capital and the second largest by votes.
Nomura International Plc and Barclays Capital Securities Limited will acquire Cevian Capital’s shares in AB Volvo and then ell the shares to Geely Holding/
Cevian Capital’s co-founder, Christer Gardell (pictured), says: “Today’s announcement
ENGIE, France’s market leader in on-shore wind and solar power plants with 2.6 GW installed at the end of 2017, and Crédit Agricole Assurances, France’s leading insurance company, have just signed a new agreement allowing their joint venture, FEIH (Futures Energies Investissements Holding), to acquire nearly 500 MW of on-shore wind and solar power plants by the end of 2018. These renewable power plants have been developed and built by ENGIE.
Created in 2013 with a first acquisition of 440 MW on-shore wind farms, the joint venture FEIH held by ENGIE and Crédit Agricole Assurances will now operate more than
Drake Star Partners has acted as exclusive financial advisor to Gambit Financial Solutions in its sale of a majority stake in the business to BNP Paribas Asset Management.
Gambit’s solutions work with a scientific approach to bring intuitive and user-friendly tools to investment advisory, delivered either through an advisory-guided or a fully autonomous customer journey. Gambit is driven by a simple but innovative ambition: placing the client at the centre of financial investment advisory with a fully digitalised experience.
In a context of tightened regulatory oversight, Gambit tools help financial institutions to better fulfil their legal obligations, while providing
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
