Managers
The shock Brexit result this June sent ripples across Europe as individual Member States absorbed the news. And whilst some jurisdictions have been quick to seize the initiative on the back of the uncertainty that UK firms face – especially as it relates to passporting for London's much lauded financial services industry – Malta is focusing on maintaining the harmonious relationship it has with the UK.
"We see ourselves partnering with UK operators to provide solutions to help them sustain their business models; we're not looking to try and take business away from the UK," comments Kenneth Farrugia (pictured), Chairman
Private equity fund manager and Enterprise Investment Scheme (EIS) and venture capital trust (VCT) specialist Calculus Capital has sold its stake in Metropolitan Safe Deposits to private investors, generating a 158 per cent return in the process.
Calculus invested in Metropolitan at 6.32p per share, in February 2012, selling its holding for 11p per share in September 2016, a cash on cash return of 1.81x including dividends already paid.
Including initial income tax relief available to investors through the deal, the cash on cash return rises to 2.58x.
John Glencross, Calculus Capital chief executive, says: “We invested in Metropolitan at
Bregal Unternehmerkapital has acquired a major stake in Swiss company Kunststoff Schwanden, a manufacturer of complex plastic parts and components.
As part of the succession plan, the previous owner Albert Kiener will still play a key role in the company.
Chief executive André Bermann and chief financial officer Martin Züger will acquire shares in Kunststoff Schwanden as well. They will both remain in their respective management roles. The participation of other members of senior management is expected.
The operating properties on the two sites, Schwanden and Näfels, will remain the property of Kiener and will be rented out
The Brexit vote is already leading to actions that are “silently killing” the UK’s technology sector, according to M&A advisory firm Magister Advisors.
A poll of the fastest-growing UK technology companies suggests that half the key talent on average is British, 30 per cent from other EU countries and 20 per cent from further afield.
The uncertainty generated by Brexit raises an immediate question mark over the future of half of the technology talent currently deployed in the UK’s hitherto thriving technology industry.
Magister Advisors also sees the impact of uncertainty immediately manifesting itself with fast
IK Investment Partners and Five Arrows Principal Investments (FAPI) have acquired I@D Holding, a services platform dedicated to the first network of independent real estate agents in France.
The founders Malik Benrejdal, Jade Benrejdal and Jerome Chabin as well as NAXICAP Partners, shareholder since 2012, are reinvesting 37 per cent alongside IK and FAPI.
Founded in 2008 with the ambition to offer an alternative way of buying and selling residential property, I@D is a fast-growing digital platform offering a large range of value-added support services to independent real estate agents. The company has grown to become the largest network
The Riverside Company has completed fundraising for Riverside Micro-Cap Fund IV (RMCF IV).
The international investment firm’s latest buyout fund closed at its hard cap with USD650 million in capital commitments.
RMCF IV invests in fast-growing North American companies with up to USD7 million of EBITDA.
RMCF fund manager Loren Schlachet says his team uses a time-tested approach.
“We work hard to harness the potential in companies by improving their systems, processes and leadership, with the goal of significant growth during the investment period,” says Schlachet.
The RMCF team has invested in over 50 platforms since
One year on from the launch of its first venture debt fund for UK technology firms and innovative companies, Barclays is extending its High Growth fund to GBP200 million as part of its commitment to fund innovative scale-ups.
Barclays has seen huge take up from businesses and since launching in May last year has provided GBP100 million in earlier stage financing support to nearly 40 companies.
Barclays remains the only mainstream UK bank to offer high growth businesses and their founders debt funding solutions at this early stage.
The fund is designed to provide access to debt finance;
King & Wood Mallesons has advised Inflexion Private Equity on the management buyout of Bedell Trust, a corporate, fund and fiduciary administration company.
Inflexion is an independent mid-market private equity house, investing in established high growth businesses. The MBO, backed by Inflexion, will help to accelerate organic growth and target further selected acquisitions.
Bedell Trust has over 250 employees and operates from Jersey, Guernsey, London, Luxembourg, Dublin, Singapore, Mauritius and Cayman. It has grown rapidly both organically and through acquisition.
Florencia Kassai (pictured), partner at Inflexion, says: “This is an exciting time for both Bedell Trust and Inflexion.
Five Arrows Secondary Opportunities (FASO), the European small and mid-cap secondary business of Rothschild Merchant Banking, has completed the fundraising of Five Arrows Secondary Opportunities IV (FASO IV) at EUR451 million after only a few months of fundraising.
A significant majority of limited partner commitments originated from existing investors in Five Arrows Secondary Opportunities III (FASO III). In addition, the fund attracted strong interest from new investors comprising top tier institutions and family offices around the globe.
FASO’s investment team is comprised of 13 professionals and is run by Mireille Klitting, managing partner. FASO IV will continue to focus
Capshare, an equity management platform, has closed an investment from Standish Management, a provider of private equity fund administration services in the US.
The investment formalises a strategic partnership with Standish.
“Standish is one of the most respected names in the investment fund business and we are thrilled to partner with them. With their deep and diverse roster of over 600 funds managed, they are a perfect fit for us as we continue to build momentum and scale the investor side of our business,” says Capshare CEO Jeron Paul.
Founded in 2014, Capshare gives entrepreneurs and investors the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
