Managers
The days of thinking about single jurisdictions are long gone. When structuring a large private equity fund, for example, it is likely going to contain international investors (the US, Europe, Asia) and is, in effect, a commercial deal between all interested parties to draw down the money. The reality is, different investors have different preferences.
As James Bermingham (pictured), counsel at Ogier (Luxembourg) explains: “Sovereign wealth funds want the most efficient funds possible and are prepared to have no tax leakage. When you start talking to European investors, say German insurance groups who are subject to Solvency II, they want
Chinese business accelerator COMB+ and the Beijing Institute of Collaborative Innovation (BICI) have launched a new Artificial Intelligence Fund with a target size of EUR65 million. The fund will focus on international technology startups entering the Chinese market.
The fund is part of the COMB+ Sino Track accelerator program, which was launched a year ago. Already 19 Nordic startups have participated in the program, which is now expanding globally.
The pitching competition at the event included 10 finalists; the jury selected children’s franchise Dibidogs as the winner, opening a shortcut to the Sino Track program.
“We are very
Ascend Capital Partners has made an investment of over EUR24 million in four early stage Finnish technology companies. This investment round is part of Ascend’s major investment in European markets and follows its previous investing success in the auto sector in Luxembourg.
Ascend is in the midst of negotiating additional investments with Finnish and German technology companies which it plans to complete before the end of the year.
This investment round in high-tech companies in Finland focuses on the healthcare and automotive industries. In the healthcare sector, Ascend has invested in Grundium OY, a digital imaging technology company producing
EagleTree Capital (EagleTree), on behalf of its private equity fund EagleTree Partners IV, has acquired a majority stake in WaterFleet, a specialist in mobile water and wastewater treatment solutions, from several existing shareholders, including founders Alan R Pyle and Allison C Pyle.
As part of the transaction, the existing shareholders will retain a significant minority stake in WaterFleet, and the entire management team, including both founders, will continue to lead the Company. Co-investors, including Stars Investment Management Co., are also investing alongside EagleTree. Terms of the transaction were not disclosed
WaterFleet is an industry-leading, full-service provider of mobile water
Envisagenics, a biotechnology company that applies Artificial Intelligence to the genetic sequence of patients to discover new therapies, has raised USD2.35 million in a seed funding round.
The investors include Third Kind Venture Capital (3KVC), Cosine, LLC (NYC biotech investors), Dolby Family Ventures, Dynamk Capital, NY Empire State Development (ESD), and SV Angel.
Envisagenics’ proprietary discovery platform, SpliceCoreTM, can identify new ribonucleic acid (RNA) targets and design new drugs to correct RNA splicing errors in cancer and genetic diseases. Envisagenics launched their commercial product, SpliceCore, at Unboxing on 19 October, 2017, featuring pitches and demos from Peter Thiel’s Breakout Labs
Healthcare-focused Venture capital firm Flare Capital Partners has made an investment in VisitPay, the provider of a technology solution used by major US healthcare systems with total net patient revenue of USD30 billion.
Gary Gottlieb, an Executive Partner at Flare Capital and former CEO at Partners HealthCare, commented: “As the consumer share of payments skyrockets, VisitPay provides a uniquely patient and provider centred solution to engagement and billing.”
With origins in consumer finance, VisitPay equips hospital systems with powerful segmentation and analytics tools while empowering patient consumers with an easy to use solution for managing their healthcare bills. The
LBO France has acquired Bexley, a French specialty retailer of men’s high quality footwear. The founding manager, Eric Botton, will keep a minority interest in the Company.
Founded in 1985, Bexley rapidly established itself as one of the most successful French retailers of men’s footwear positioned in the affordable luxury segment and offering excellent quality-price ratio. Since then, the Company gradually diversified its product offering with men’s clothing (shirts, polos, pullovers, pants and suits) and accessories (belts, socks and small leather goods).
In addition to its own store network, Bexley, which was a precursor in developing an omni-channel strategy,
Blick Rothenberg, part of CogitalGroup, has expanded the acquisition of audit, accountancy, outsourcing and business advisory firm Shelley Stock Hutter.
This acquisition is part of Blick Rothenberg’s growth and acquisition strategy and is another step forward for CogitalGroup and its plans to build a technology driven, international business services group. It further strengthens the group’s presence in the Owner Managed Business (OMB) sector.
Nilesh Shah, CEO at Blick Rothenberg, says: “We are delighted to have acquired Shelley Stock Hutter. They have a very good reputation in the market place and in terms of clients and people are a very good
Anchorage Capital Partners (Anchorage) has held the closing of its third institutional fund, Anchorage Capital Partners Fund III (ACP III) at AUD350 million, approximately three months after initial launch.
ACP III was considerably oversubscribed, with demand exceeding the fundraising target, attributable to continued strong support from existing investors combined with significant interest of new investors.
Anchorage maintained the strong local market support evidenced in prior fundraising, with over 40 per cent of Fund commitments sourced from Australian institutions. Offshore Limited Partners, comprising a select group of institutional investors from Asia, Europe, Middle East and the US, provided the balance
Churchill Asset Management (Churchill), a provider of senior and unitranche debt financing to private equity-owned middle market companies, has completed fundraising for Churchill Middle Market Senior Loan Fund, its inaugural fund as part of Nuveen, with over USD1.1 billion in committed capital.
“We are delighted with the strong response we received from investors across the globe to our inaugural fund offering as part of Nuveen. Our investors include over 30 leading institutions and family offices globally, and we are grateful for their confidence in us and support for our investment approach,” says Ken Kencel, President and CEO of Churchill. “As investors increasingly look
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
