Managers
Distressed debt private equity fund manager Maverick Real Estate Partners has reached its hard fundraising cap for Maverick Lien Fund IV LP with USD75 million in commitments from endowments, foundations, family offices and wealth managers.
The fund is now closed to new investors.
"Maverick is grateful for the support of our new and long-standing investors, and is overwhelmed by the interest in our contrarian investment strategy," says David Aviram, principal and director of acquisitions.
Maverick acquires defaulted commercial mortgages, mechanics liens, and judgments secured by real estate located in the New York City area.
"Given Maverick’s local expertise, availability
Southeast Asian online-to-offline (O2O) e-commerce specialist Fave has acquired Groupon Singapore.
The acquisition is set to solidify the company's efforts in helping consumers save, while driving growth for local businesses across SEA.
The acquisition of the Groupon Singapore's business follows similar acquisitions of Groupon Indonesia and Malaysia in 2016. Thus far, Groupon Malaysia has been fully integrated into Fave, while Groupon Indonesia is set to follow suit in the coming months. Groupon Singapore will see a similar integration into Fave by mid-2017.
The transaction is expected to close later this week.
The Fave team, who also
Ardian, Keensight Capital and Parquest Capital have completed their acquisition of Unither, a pharmaceutical contract development manufacturing organisation (CDMO), alongside the company’s existing management team.
Unither was acquired from a consortium led by Equistone Partners Europe.
Unither is a specialist in blow-fill-seal (BFS) technology, which uses sterile unit doses to eliminate the need for preservatives. Unither operates six manufacturing sites in France, the US and Brazil, and has a dedicated research and development centre in Europe.
Following their acquisition of Equistone Partners Europe’s majority stake in the Unither Pharmaceuticals group, Ardian, Keensight Capital and Parquest Capital will support
Venture capital firm Lemnos has launched its third fund, a USD50 million fund focused on hardware and the growing ecosystem of software surrounding the hardware renaissance.
Now in its sixth year Lemnos provides an advisory role to its portfolio companies to guide entrepreneurs along the complex path of hardware creation.
"At Lemnos, we make smart bets on small teams of visionary entrepreneurs, and we are full-time partners with them to painstakingly guide their businesses to success," says Lemnos partner Jeremy Conrad. "Our experience has taught us that great companies are defined by great people first and great ideas second.
Creative Media Investments (CMI) has launched an EIS production fund, branded as the Silver Lining Screen Fund, designed to help support mid-range budget film and TV productions.
Working with Portunus Investment Solutions, the fund aims to raise GBP10 million over the next year, and provides a high level of capital protection whilst offering attractive returns for investors.
Launched to provide a viable investment alternative for investors to market competitors in the media sector, the fund also taps into the growing demand of film and TV content worldwide.
The fund provides a significant degree of capital protection (75 per
GCA Altium has acted as exclusive financial adviser to the shareholders of Wex Photographic on its sale to Aurelius.
Following the deal, Wex will be merged with Calumet to create an omni-channel retailer serving the enthusiast and professional photographer.
The transaction represents GCA Altium’s 16th e-commerce transaction in the last two years.
David Garratt, CEO of Wex, says: “This was a hugely important transaction for Wex and its investor, Barclays. The GCA Altium team invested time understanding what made the business tick, advised us on strategic choices before the sale process was initiated and then worked tirelessly to
Joyme Capital has teamed up with Kee Ever Bright Technology to establish an investment fund with an initial target fund size of USD140 million (RMB1 billion) which will focus on investment opportunities in game development, game distribution, e-sports and other businesses related to the creation and publishing of mobile and PC video games.
Yang Chen (CY), founder and CEO of Joyme Group, says: “China is the largest gaming market in the world by revenue. And Chinese game players have huge appetites for Western games. However, developers and publishers continue to find China to be one of the most perplexing and
Global alternative asset manager The Carlyle Group is to sell ITRS to funds managed by private equity firm TA Associates.
Financial terms of the transaction, which is expected to close in April 2017, have not been disclosed.
ITRS is an international software vendor to the financial services sector, offering real-time monitoring and analytics software. The company provides solutions to transform masses of business and machine data into actionable insights, supporting better systems and business performance.
ITRS serves more than 170 global clients, including nine out of the top 10 investment banks, as well as exchanges and trading venues, hedge funds,
QIC has held the final close of the QIC Global Infrastructure Fund (QGIF), which achieved a total of AUD2.35 billion of capital commitments over an 18-month period.
The AUD2.35 billion represents the hard-cap for the fundraise and also exceeds the fund's target of AUD1.75 billion.
QGIF is a pooled unlisted investment vehicle that seeks to provide institutional investors with access to attractive, risk-adjusted returns through long-term exposure to a diversified portfolio of global infrastructure assets.
The investors benefit immediately from the fund's interests in three infrastructure assets. The assets, secured since the investment period commenced in August 2015,
KKR has held the final closing of KKR Americas XII Fund, a USD13.9 billion fund focused on opportunistic investments in private equity-related transactions primarily in the US, Canada and Mexico.
KKR will be investing nearly USD1.4 billion in capital alongside investors through the firm’s balance sheet and employee commitments.
“As we mark this important milestone in our Americas private equity business and close our 12th flagship private equity fund, we are grateful to our investors, both old and new, for their continued confidence in us. In today’s increasingly complex world, we are pleased that they share our enthusiasm for
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
