Managers
GCI has secured a GBP50 million acquisition growth fund to support its strategic objectives.
The fund was facilitated via the Royal Bank of Scotland and HSBC in a deal led by GCI’s chief financial officer Mark Allen and brokered with the support of KPMG.
Allen says: “GCI has come a long way over the last nine months. At the start of the year we took a long hard look at our operation, and our marketplace, and set about finessing an organisation that has been 16 years in the making. The securing of this GBP50 million fund is another step
Cairngorm Capital Partners’ portfolio company Polyframe Group has acquired The Window Bureau (WB Group).
Established in 1981, WB Group is a manufacturer of a range of GRP composite doors and PVCu doors and windows, which it supplies to the UK trade sector.
The company operates from a 70,000 square foot production facility in Birtley, Durham employing just over 100 people.
The transaction was prompted by the retirement of WB Group’s founder and chairman, Kevin Craggs. It is the first since Cairngorm Capital supported the management led buy-out of Polyframe in July 2016.
WB Group aligns with Polyframe’s
A fund managed by BlackRock Real Assets has completed the refinancing of five operational wind projects in England with ING, which provided a GBP55 million long term debt facility.
The 46MW wind portfolio is located throughout England and the projects have been operational for three years on average.
The projects benefit from a 15-year power purchase agreement and long-term operations and maintenance arrangements.
“We are very pleased to refinance this wind portfolio on behalf of our clients. This transaction represents our continued focus on enhancing the value of our renewable power investments, where BlackRock has over USD2.5 billion
The Russian Direct Investment Fund (RDIF) and National Investment and Infrastructure Fund (NIIF), established by the Government of India with the support of RDIF, have agreed to set up a USD1 billion Russia-India Investment Fund.
The partners will work together to identify attractive investment opportunities that promote economic, trade and investment co-operation between the two countries.
Under the agreement, RDIF and NIIF will each invest up to USD500 million into the new fund.
The signing ceremony took place in the presence of Russian President Vladimir Putin and Indian Prime Minister Narendra Modi.
Kirill Dmitriev, CEO of the
Funds advised by Cinven, Permira and Mid Europa are to acquire Polish online marketplace Allegro Group from Naspers for USD3.253 billion.
Established in 1999, Allegro has more than 20 million registered users who carry out 14 million transactions monthly.
In addition, the group operates Ceneo, a price comparison platform in Poland.
It is headquartered in Poznan, Poland and employs 1,275 people.
David Barker, partner at Cinven, says: “Allegro is a great business. It is a clear market leader and extremely well positioned to benefit from structural e-commerce drivers with a strong technology platform and strong reputation with
European jewellery retailer Thom Europe has acquired Stroili in Italy and is in the process of acquiring another jewellery chain in Germany.
Stroili, which has over 370 stores and sales of EUR213 million, was acquired from a shareholder consortium led by Investindustrial and L Catterton (formerly L Capital) and including 21 Investimenti, Ergon Capital, Wise and Neuberger Berman.
Thom Europe is also in the process of buying the German jewellery chain Oro Vivo from Christian Bernard, providing it with a foothold in the German market. Oro Vivo reported sales of EUR18 million in 2015 and has 38 sales outlets.
Kayne Anderson Capital Advisors has held the final close of its latest energy-focused private equity fund, Kayne Anderson Energy Fund VII, at its hard cap of approximately USD2 billion in limited partner commitments.
The fund will continue Kayne Anderson’s strategy of partnering with management teams focused on the upstream oil and gas sector of North America.
The fund exceeded its fundraising target with strong support from both existing investors and new clients.
The fund is part of Kayne Anderson’s energy private equity practice that has raised nearly USD8 billion since inception.
“We greatly appreciate the trust and
Arsenal Capital Partners, a New York-based private equity firm that invests in lower middle market specialty industrial and healthcare companies, has completed fundraising for Arsenal Capital Fund IV at its USD1.3 billion hard cap.
The firm's previous fund, Arsenal Capital Partners III, was raised in 2012 with USD875 million of committed capital.
Since inception in 2000, Arsenal has raised institutional equity investment funds totalling USD2.975 billion.
Terrence Mullen, co-founder and partner at Arsenal, says: "We are delighted to have received the support of such a terrific group of leading global institutional investors. We are thankful for
Detroit-based private equity firm Rockbridge Growth Equity has sold Triad Retail Media, a digital retail media advertising firm, to programmatic audience company Xaxis.
Xaxis is a wholly owned operating company of WPP, the world's largest communications services group with offices in 113 countries.
Triad manages and delivers full-service creative, data and production digital media advertising campaigns to connect with shoppers at point-of-sale. Major global retail partners include Walmart, eBay, Toys"R"Us, CVS, Sam's Club, Staples, Kohl's, Asda and more than 1,500 of the world's largest advertisers.
Since Rockbridge and Triad Retail Media partnered in late 2012, Triad's revenue and
Man Group plc has acquired Aalto Invest Holding AG and launched a new ‘private markets offering’, Man Global Private Markets, designed to offer longer term investments and complement their existing products. Man defines private markets as real estate, credit and infrastructure.
Founded in 2010 by Mikko Syrjänen and Petteri Barman, USD1.7 billion Aalto specialises in the management of real estate equity and debt strategies including direct investments in single family homes in the US and lending to commercial and residential real estate in Europe and the US. Man writes that Aalto has a strong track record across its differentiated product
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12 November, 2026 – 8:00 am
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