Managers
Vietnam-based Anfin, a fintech firm with a proprietary stock trading platform, has raised USD1.2 million in a seed round led by Goodwater Capital and Global Founders Capital (GFC) – the latter coming in as a returning investor.
Joining the round is a new investor, XA Network as well as First Check Ventures, another existing investor of Anfin’s. The fresh injection will be channelled into doubling down efforts to further develop Anfin’s platform to provide its retail investors real-time fractional share trading.
The investment comes at the heels of a recent agreement inked in December 2021 with Viet Tin Securities
IK Partners’ (IK) IK Small Cap III Fund is to acquire STEIN HGS (STEIN HGS), a B2B e-commerce specialist for barrier technology, municipality, construction site and facility management supplies.
IK is investing from its dedicated pool of Development Capital and is acquiring its stake from Lennertz & Co (Lennertz) and the founder, Bodo Stein, both of whom will be reinvesting alongside IK. Financial terms of the transaction have not been disclosed.
Completion of the transaction is subject to legal and regulatory approvals.
Silverfleet is to sell CoreDux, a manufacturer of flexible gas and fluid artery systems headquartered in The Netherlands, to Arcline Investment Management.
Completion of the transaction is subject to customary regulatory approvals and is expected by Q1 or Q2 2022.
Founded following a carve-out of two entities from the BOA Group in 2019, CoreDux is a vertically integrated provider of flexible gas and fluid artery systems used in the most demanding high-tech applications such as semiconductor production equipment and aerospace equipment. The firm employs c300 staff and has manufacturing facilities in The Netherlands and France with further sales and
Markerstudy has acquired BGL Insurance (BGLi) from BGL Group, a digital distributor of insurance and household financial services, subject to regulatory approval.
The transaction is subject to regulatory approval and is expected to complete during the first half of 2022.
Markerstudy was advised by KBW, Slaughter and May, and Oliver Wyman. BGL Group was advised by Fenchurch Advisory Partners and Dentons.
Semcon is expanding its offering in digital learning by establishing a local presence in a new geographic market through the acquisition of UK-based Walkgrove.
Walkgrove began operating back in 1994 and the company has a long tradition of providing high-quality learning solutions. Its customer base includes organisations from many different sectors, such as insurance, health and social care and humanitarian, including The UN and Oxfam. Its operations are based near Nottingham and Derby in the UK East Midlands. Walkgrove’s 20 employees have broad expertise in the development and production of learning material, with 85 per cent of its current portfolio
Azalea Investment Management has held the closing of the second fund of its flagship private equity fund of funds product, Altrium II, at USD805 million, with capital commitments from a diverse group of limited partners including pensions, foundations, insurers, family offices and high-net-worth individuals.
Altrium II is a PE fund of funds product that allows accredited investors direct equity participation in a quality, diversified portfolio of PE funds across the US, Europe and Asia.
Launching two years after Azalea’s inaugural Altrium I of USD650 million in 2019, Altrium II represents a continuation of Azalea’s mandate to broaden investors’ access
Victory Capital Holdings has successfully closed its acquisition of WestEnd Advisors (WestEnd).
WestEnd will become Victory Capital’s 12th Investment Franchise.
Founded in 2004, and headquartered in Charlotte, North Carolina, WestEnd provides financial advisors with turnkey, core model allocation strategies serving as holistic solutions and complementary sources of alpha. The firm offers four primary ETF strategies and one large cap core strategy, all in tax efficient Separately Managed Account (SMA) structures.
Stonepeak, an alternative investment firm specialising in infrastructure and real assets, has recapitalises Cologix, a private interconnection and hyperscale edge platform in North America.
The recapitalisation is being effectuated as a sale of Cologix by Stonepeak Infrastructure Fund II LP and co-investors (Fund II) to Stonepeak-managed vehicles comprising a combination of existing Fund II investors who have chosen to reinvest in the business in partnership with a number of new third-party investors.
Fund II acquired a majority stake in Cologix in March of 2017 and subsequently partnered with Mubadala Investment Company for an incremental growth capital investment in January 2020.
The Heubach Group (Heubach), a global producer of pigments, and SK Capital Partners (SK Capital), a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, have acquired Clariant’s Global Colorants Business (Clariant Pigments).
The combined business, which will operate under the Heubach brand, supplies a broad portfolio of organic, inorganic, and anti-corrosive pigments, pigment preparations, dyes, colourants and specialty materials. The company operates its global business from nineteen manufacturing facilities across Europe, the Americas, Asia and Africa, employing approximately 3,000 people. The headquarters of the Heubach Group will be established in Vienna, Austria.
The Heubach Group has
Pacific Current Group Limited (PAC) a global multi-boutique asset management firm, has acquired a 35 per cent stake in Banner Oak Capital Partners (Banner Oak), a private equity real estate firm.
Banner Oak is a Dallas-based alternative investment manager offering a private equity real estate strategy focused on the creation and growth of fully integrated private real estate operating companies. Currently, Banner Oak manages approximately USD5.7 billion in assets across its platform.
PAC is making an initial investment of USD35.0 million (AUD48.2 million). The agreement also includes an “earn out” provision that could result in Banner Oak receiving additional consideration
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
