Managers
A consortium led by TIAA Private Investments and Antarctica Capital (Antarctica) has completed a transaction to acquire InterPark, the largest owner-operator of parking infrastructure in the United States, from investment funds managed by Alinda Capital Partners.
Silverpeak Real Estate Partners (Silverpeak), an investor in the consortium, will focus on real estate and development opportunities for the portfolio. The consortium’s institutional investors members include: CIC Capital Corporation; China Life, advised by its alternative investment platform China Life Investment Holding Company Limited; Munich Re Group, advised by its proprietary asset manager MEAG; and PFA Pension. Investment terms were not disclosed.
TIAA
Natixis Global Asset Management affiliate Mirova is in exclusive negotiations to acquire Althelia Ecosphere.
The acquisition will create a European platform dedicated to natural capital investing and give investors access to investment solutions addressing major global environmental challenges such as climate change, protection of landscapes, biodiversity, soil and marine resources.
Mirova, an affiliate of Natixis Global Asset Management dedicated to ESG (Environmental Social Governance) and responsible investing, has entered into discussions to acquire a majority equity interest in London-based impact investment manager Althelia Ecosphere (“Althelia”).
Althelia is dedicated to sourcing and financing sustainable land use, biodiversity, and ecosystem-based
Around Noon, the Northern Ireland-based food-to-go manufacturer, has acquired Chef in a Box, a sandwich and snack manufacturer with customers in the corporate sector.
The purchase from Donegal Investment Group PLC will enable Around Noon to initially gain a strong foothold in Greater London and provide a platform for further UK expansion.
The food-to-go market in the UK is estimated to be worth over GBP16billion, driven in part by the rise of little-and-often shopping, and the popularity of coffee culture.
The deal will enable Around Noon, which has built a strong reputation for innovation, to access Chef in
Cathay Capital has held the closing of Cathay Innovation’s first investment vehicle for a total of USD320 million. This sum constitutes a record for a first-time venture capital fund raised in Europe.
The success of this fundraising can largely be explained by the unique approach proposed by Cathay Innovation and how this approach resonated among investors.
Cathay Innovation was effectively founded on the conviction that supporting digital entrepreneurs through a platform available on 3 continents – North America, Europe, and China – constitutes a particularly valuable strategy. By connecting these three major ecosystems and by relying on the platform
Cinven has sold of 40 per cent of its equity stake in Visma, a provider of business critical software to SMBs in the Nordic and Benelux region, to a group of investors led by HgCapital.
An investor group led by HgCapital, an existing investor in Visma, together with GIC, Montagu and ICG, is also acquiring 100 per cent of KKR’s stake in the Group. Cinven retains a significant minority stake in the Group. The total transaction is valued at NOK45 billion (EUR4.7 billion).
Cinven invested in Visma in April 2014 valuing the business at a total enterprise value of NOK
CVC Credit Partners (CVC Credit) has closed CVC Credit Partners Global CLO Management Limited, providing CVC Credit with risk retention capital for its global CLO business. Global CLO Management Limited closed at its hard cap of USD600 million.
CVC Credit’s Global CLO Management Limited provides strategic balance sheet capital to CVC Credit’s new US and European CLO managers, which enables the managers to comply with both the US and European CLO risk retention rules. Global CLO Management Limited will have the exclusive right to invest in the majority CLO equity of CVC Credit’s US and European CLOs.
Gretchen Bergstresser,
InMotion Ventures, a venture capital business powered by Jaguar Land Rover, has completed seed investments in four exciting mobility and transportation startups.
Early stage businesses By Miles, Dovu, Wluper and Zeelo join the Seed Programme and will spend six months working from InMotion HQ in London.
Founded by James Blackham and Callum Rimmer, By Miles (formerly Just Miles) offers innovative pay-per-mile car insurance with a simple-to-use driving app. Rather than buying a traditional annual car insurance policy, By Miles customers sign up for a fixed monthly subscription and then pay on a flexible, per-journey basis. Transparent, real-time policies give customers more
International law firm Ropes & Gray has advised Intermediate Capital Group (ICG) on the USD5.3 billion consortium buyout of Visma, Europe’s largest ever software buyout.
ICG was part of a consortium of investors that bought stakes in the deal. Other investors included HgCapital, Cinven, GIC and Montagu, alongside Visma’s management team.
The Ropes & Gray team was led by private equity partner Helen Croke, with finance partner Malcolm Hitching leading on the debt aspects of the deal. Other members of the team included finance counsel Alex Robb and private equity associate Nicholas Matthew.
In May 2017, Ropes & Gray
CVC Credit Partners’ European Private Debt Business has provided a EUR50 million unitranche facility to Trimb Healthcare, to support its acquisition of the Pevaryl and Fungoral brands in certain European countries from Johnson & Johnson.
Trimb Healthcare, sponsored by lead investor Avista Capital since 2015, is a niche pharmaceutical company, focusing on the development, sales and marketing of branded over-the-counter pharmaceuticals and consumer healthcare products. Avista Capital is a healthcare specialist, with significant sector experience and 17 investments completed to date.
Neale Broadhead, Managing Director & Portfolio Manager in CVC Credit Partners’ direct lending business, says: “We are very
An affiliate of Sun European Partners is to sell NextPharma, a pharmaceutical contract development and manufacturing organisation (CDMO), to funds advised by CapVest Partners (CapVest), subject to regulatory approval.
NextPharma is a market leader in the western European pharmaceutical CDMO space, serving a global blue-chip customer base, including seven of the top ten pharma companies. The company offers a broad range of specialised product types and therapeutic areas across multiple attractive niches. NextPharma has over 1,000 employees and operations in Germany, France, Switzerland and Austria.
NextPharma was acquired by an affiliate of Sun European Partners in 2011. Over the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
