Managers
Funds managed by Gamut Capital Management, a New York-based middle market private equity firm, are to acquire JPW Industries and its global affiliates (JPW), a manufacturer, designer and distributor of a wide range of machinery and equipment under the JET, Powermatic, Wilton, Edwards and Promac brands, from Tenex Capital Management.
Headquartered in La Vergne, Tennessee and founded in 1958, JPW’s branded specialty shop tools and equipment serves a broad range of applications and end markets. JPW products include metalworking and woodworking machinery, vises and clamps, ironworkers, lifting systems, air and hand tools and related parts and accessories. JPW operates in
Twin Brook Capital Partners (Twin Brook), the middle-market direct lending subsidiary of Angelo, Gordon & Co, has held the final close of AG Direct Lending Fund II with total capital commitments of USD1.6 billion, exceeding the Fund’s target by USD600 million.
Total equity capital raised for this second fund when including separately managed accounts exceeds USD2.3 billion.
AG Direct Lending Fund II will seek to capitalise on the long-term investment opportunities in middle-market direct lending by sourcing, underwriting, and actively managing a diversified portfolio of middle market, floating rate, senior secured loans with a focus on first lien secured
Maven Capital Partners (Maven) has announced plans for two of its VCTs to raise up to GBP30 million in aggregate (with an aggregate over-allotment facility of GBP10 million) for the 2017/18 and 2018/19 tax years.
Since Maven was formed in 2009 it has managed nine successful VCT fundraisings, with three of the most recent offers having closed early due to being oversubscribed.
Maven Income and Growth VCT 3 and Maven Income and Growth VCT 4 are benefitting from Maven’s strong and varied pipeline of private company investment opportunities, sourced by one of the largest and most active VCT investment
Amicus Commercial Finance has provided a confidential invoice discounting facility to The Taunton Cider Company Ltd, one of the most famous British cider brands. The financing is set to help the century-old cider company make a return to the shelves.
Confidential invoice discounting is invoice financing that can be organised confidentially, enabling a business to receive capital against sales invoices before payment is received.
The Taunton Cider Company can trace its roots back to 1911 where a local churchman began making cider from locally produced apples at the Heathfield Rectory. In 1911 the Reverend Cornish joined forces with the
Private equity firm Stirling Square Capital Partners has invested inthe Isoclima Group (Isoclima) as part of a management buyout co-led by Isoclima co-founder Alberto Bertolini and industry veteran Bill O’Gara.
Isoclima is the global solutions leader in transparent armour and high-performance glass products. It is headquartered in Este, Italy and employs more than 700 staff in operations across Italy, Croatia and Mexico. Since its founding in 1977 by Augusto Gasparetto and Alberto Bertolini, Isoclima has emerged as the best-in-class producer of high-quality, high-complexity and high-performance glass solutions. For decades, Isoclima has shaped the industry’s leading technical boundaries of ballistic protection,
Flybits has raised USD6.5 million in a Series B funding round led by Information Venture Partners. New investor Portag3 Ventures LP and existing investors Robert Bosch Venture Capital and Trellis Capital also participated.
Robert Antoniades and David Unsworth, Co-founders and General Partners at Information Venture Partners, will join Flybits’ board of directors.
Flybits has raised a total of USD14 million in funding since launching in 2013 and has experienced sizeable month-over-month growth this year. Today’s announcement comes soon after the conclusion of a number of new global partnerships and the release of Flybits’ new Experience Studio, an intuitive visual interface that hides the complexity of
Noerr has advised US private equity fund Lexington Partners on the acquisition of a large part of the media-for-equity portfolio of SevenVentures, the investment arm of ProSiebenSat.1 Media SE. London partner and office head Dr Thomas Schulz led the transaction.
Up to 16 minority interests held by SevenVentures and other companies in the ProSiebenSat.1 Group will be transferred to the newly founded fund Crosslantic Capital in the course of the transaction.
Lexington will acquire a majority share in the fund, and SevenVentures will continue to be involved as a media partner holding a minority interest of 24.5 per cent.
Ocorian is to acquire MAS International (MAS), an independent fund administration and corporate services provider. The business operates in Luxembourg and Mauritius in addition to representation in the US.
Expected to close towards the end of 2017, the transaction, which is subject to regulatory approvals, will realise the next stage of the progressive trajectory for Ocorian, following the management buyout and successive rebranding of Bedell Trust in 2016. The acquisition expands Ocorian’s international presence and service capabilities, providing further depth for their existing jurisdictions.
All staff from MAS’s administration and corporate services business will join the combined operation to
The PRI, supported by the United Nations and the leading proponent of responsible investment, is working to standardise the way in which investors source and allocate capital to hedge funds who base their investment strategies on environmental, social and governance (ESG) factors.
This concept of responsible investing, which also goes by the name of Impacting Investing, is becoming increasingly important to investors as they consider the long-term consequences of how and where they invest.
Yet while many global corporations are signatories to UN PRI (Principals of Responsible Investment), the number of hedge fund signatories remains extremely low. According to Marisol
Evolution Equity Partners has held the final closing of a new fund with total capital commitments of USD125 million to make investments in cybersecurity and next generation enterprise software and services in North America, Europe and Israel.
The fund exceeded its target and is backed by leading institutional investors, corporates, family offices and technology entrepreneurs from the United States and Europe including Cisco Investments, The European Investment Fund (EIF), Witelo Fund (PZU Insurance Group), Alpha Associates among others.
The Evolution Technology Fund will make investments in the range of USD5 million to USD25 million in early and growth stage
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
