Managers
Linklaters has advised Eni, a multinational oil and gas company, together with its Area 4 partners, CNPC, ENH, GALP and KOGAS on an ECA-backed multi-billion dollar project financing for the USD8 billion Coral South floating liquefied natural gas (LNG) project in Mozambique.
The financing is Africa’s largest ever project financing deal to date. It is also the world’s first project financing of a floating LNG facility.
Daniel Tyrer, Partner, Linklaters, says: “This landmark transaction marks the beginning of a huge development process for Mozambique as it starts to capitalise on the significant natural gas resources in the Rovuma Basin.
Pan-European mid-market private equity firm Agilitas’ portfolio company Reconor, one of the leading environmental services groups in Denmark, has acquired 100 per cent of Lotra A/S, an environmental services business based in Kolding, Denmark.
Financial details for the transaction are not being disclosed.
Founded in 2000 by its CEO Lars Holger Hansen, Lotra offers complete solutions for the collection, treatment and recycling of soil and construction waste. The acquisition provides Reconor with a strong presence in the Jutland region of Denmark and gives the expanded business increased coverage across Denmark.
Reconor, led by CEO Carsten Fich, processes over
Private equity investor Advent International has signed an agreement to acquire Danish food packaging company Færch Plast A/S (Færch Plast) from private equity fund EQT VI. Financial terms of the transaction have not been disclosed.
Færch Plast is a Danish packaging company that holds a leading position within rigid plastic packaging for the food industry. The company has over 40 years of experience in developing, designing and producing innovative and high-quality packaging for the ready meal, “food-to-go” and fresh meat markets. The business model combines a superior quality and service proposition with an industry-leading cost position and a broad range
EMW, the commercial law firm, has advised Northampton-based real estate investment and development business, Barwood Capital on the initial GBP42 million close of its 2017 UK regional property fund.
EMW explains that the fund focuses on property assets within the UK’s prime regional markets outside of London. The GBP42m raised will be invested in sites which have the potential to increase in value through careful planning, redevelopment and asset management. Approximately 70 per cent of equity in the fund will be allocated to logistics and industrial properties.
Following the fund’s initial close, a similar sum is estimated to be
Early-stage venture capital firm True Ventures has closed True Ventures Select II, a new USD112 million fund focused on supporting the firm’s existing portfolio companies later in their life cycles.
Select Funds make later-stage investments in companies funded by one of True’s core funds (I, II, III, IV or most recently V). The companies have demonstrated product market fit and are generally exhibiting significant traction and product revenues.
“Our Select strategy has proven to be a very successful way to further embolden our best companies, while at the same time providing our Limited Partners with proprietary access to some
The Russian Direct Investment Fund (RDIF), Russian Railways International, alongside the Indian state engineering and construction company Ircon International Limited have agreed to jointly identify and invest in investments into railway infrastructure projects in Russia and India in order to improve commercial, economic and investment cooperation between the two countries.
The relevant agreement was signed as part of the Saint Petersburg International Economic Forum.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), says: “Partnership with Ircon International will allow RDIF and Russian Railways to expand investment geographies and gain access to attractive new markets in Asia. We
EISER Finance Limited (EISER) has reached financial close on a portfolio sale of assets to a fund managed by 3i Group plc (3i) from the EISER Global Infrastructure Fund (EGIF).
As part of the original sales agreement with 3i, EISER’s existing investors in EGIF were offered the opportunity to choose liquidity or to remain invested in the assets through a right to reinvest into the new fund managed by 3i.
The portfolio sale includes all of EGIF’s UK assets, Belfast City Airport and ESP Utilities; its remaining Italian assets HERAmbiente, the Italian waste treatment and disposal company; as well
KKR has held the final closing of KKR Asian Fund III, a USD9.3 billion fund focused on investments in private equity transactions across the Asia Pacific region.
“The Asia market offers many compelling investment opportunities in private equity given its secular growth and attractive valuations,” says Joseph Bae, KKR Member and Managing Partner of KKR Asia. “This flagship fund is a testament to KKR’s ability to drive meaningful growth and value creation in our investee companies as a partner of choice to leading Asian businesses, families and management teams.”
Ming Lu, KKR Member and Head of Asia Private Equity, adds: “We see a diverse
CIC Capital Canada, a member of the French banking group Crédit Mutuel CM11-CIC, has launched a USD500 million North American Growth Fund, with USD150 million dedicated to Canada, mainly for investment in Quebec and Ontario companies.
Established in Montreal since 2010, CIC Capital has managed the Emerillon Capital venture capital fund, a partnership with Desjardins, since 2013. This fund holds equity positions in a dozen promising Quebec and Ontario technology businesses and was an investor in Maluuba, an artificial intelligence company acquired by Microsoft in 2017.
In Canada, the new North American Growth Fund targets mainly CAD5 million
Alternative investment specialist LGT Capital Partners has completed the acquisition of European Capital Fund Management, a London- and Paris-based private debt manager, from Ares Capital.
European Capital’s funds will remain managed by the same team led by Matthew Gordon Clark, Etienne Haubold, Stéphane Legrand and JC Morales Cortes.
The European Capital team now constitutes the new private debt competence centre of LGT Capital Partners.
With all legal and regulatory approvals obtained, LGT Capital Partners’ acquisition of European Capital, announced in March 2017, was completed on 31 May 2017. The European Capital team of more than 28 specialists
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
