Managers
HIG Bayside Capital, the distressed debt and special situation affiliate of private equity firm HIG Capital (HIG), has closed the HIG Bayside Loan Opportunity Fund IV with aggregate capital commitments of USD1.1 billion, exceeding its USD1.0 billion target.
The fund will continue HIG’s investment strategy of focusing on investments in small-cap special situation credit opportunities in the US.
Sami Mnaymneh (pictured) and Tony Tamer, co-chief executives of HIG, say: “We are grateful for the support from our investors for this offering. The strong response to the fund reflects their confidence in the capability of our team and our differentiated
Legal & General Capital, through LGV Capital, has agreed terms to sell its majority interest in The Liberation Group to Caledonia Investments in a transaction valuing the company at GBP118 million.
Liberation is held principally on behalf of the with-profits fund for customers.
Completion is expected over the course of the summer, and Caledonia is backing the existing management team.
Legal & General Capital focuses its investments in four key sectors: UK housing, UK urban regeneration, clean energy and SME finance. These reflect its aim to invest for the long term in economically and socially useful assets, securing
Asset International, which is backed by private equity firm Genstar Capital, has closed its acquisition of Market Metrics and Matrix Solutions, data and research firms for adviser-sold investments and insurance worldwide.
The acquisition broadens Asset International’s portfolio of proprietary, actionable data, insights and business intelligence. Through this acquisition, Asset International is now the one-stop shop for data and insights supporting product innovation, manufacturing, sales and distribution for the asset management and insurance communities, as well as providing market surveillance solutions and marketing channels for this community.
The Market Metrics and Matrix Solutions acquisition expands Asset International’s deep proprietary asset
Apricus Biosciences has entered into a common stock purchase agreement with Aspire Capital Fund.
Aspire Capital will complete an initial purchase of 2,531,645 shares of common stock for proceeds of USD1.0 million and has committed to purchase up to USD6.0 million in additional shares of common stock over the next 24 months at prices based on the market price at the time of each sale.
No warrants are associated with this agreement.
"This agreement with Aspire Capital will enable Apricus to sell shares from time-to-time on market-based terms to a committed, long-time investor," says Richard Pascoe, CEO
Chicago-based private equity firm NextGen Growth Partners (NGP) has held the first closing of its inaugural fund.
The goal of the first close is to create a solid base for the firm’s entrepreneurs-in-residence (EIR) to begin targeting industries, sourcing and acquiring companies in the lower middle market.
Founded in early 2016, NGP pins its early success on the collaboration between some of Chicago’s most distinguished investment minds. NGP’s business model is to identify and mentor top talent within Chicago’s world-class entrepreneurial community to serve as the leaders of growing lower middle market companies across the country post-acquisition.
NGP
Mid-market private equity firm Equistone Partners Europe has acquired a majority stake in Camusat Group following the exit of MBO Partenaires, a minority shareholder alongside management since 2011.
Richard Thomas, CEO of Camusat, Eric Braghini, partner, and several members of the management team will reinvest in the group as part of this transaction.
Headquartered in Dijon, France, Camusat specialises in the implementation and maintenance of telecom infrastructure networks for fixed and mobile telecommunications operators, equipment manufacturers, integrators, and ‘Towercos’. The group is organised around three main business units: design and installation of telecom towers, monitoring and maintenance services, and
Trivest Partners has held the first and final closing of the Trivest Growth Investment Fund (TGIF) with USD225 million of total equity capital commitments.
TGIF is Trivest’s 11th overall fund, sixth institutional fund and fourth fund focused on founder/family-owned investments.
TGIF will target growth and non-control investments among founder-owned businesses.
Due to strong support from Trivest’s existing investors, plus a few new limited partners, TGIF more than doubled its original target of USD100 million. The fund includes a mix of limited partners including endowments, corporate and public pensions, insurance companies, fund of funds, family offices and individuals. Additionally,
LeapFrog Investments’ portfolio companies now employ 102,438 people in Asia, Africa and Latin America.
“Nothing sustains a family more than a secure job. Each job typically supports a family of five in our focus countries, while benefiting the wider community,” says Dr Andrew Kuper, LeapFrog’s CEO and founder. “For the past three years, our financial services companies have grown revenue on average by 43 per cent, creating jobs at a breathtaking pace. This is profit-with-purpose capitalism at scale.”
The jobs figure is double the commitment LeapFrog made at the Clinton Global Initiative in 2012, to support 50,000 jobs by
TriGuard Management has held the closing of its seventh private equity fund, Montauk TriGuard Fund VII, ahead of its USD600 million target with over USD660 million of commitments from over 180 investors, exceeding the USD500 million Fund VI in 2014.
Fund VII received strong backing from a diversified group of investors, including public and corporate pension plans, insurance companies, endowments, foundations, family offices and high net worth individuals.
Ronn Cornelius, co-managing partner, says: “We appreciate having a knowledgeable group of investors who are highly supportive of our unique investment strategy. We will remain disciplined and focused on delivering attractive
Taco Holding has signed an agreement to acquire the Carl’s Jr master franchise for Mexico City and the surrounding area, including 25 restaurants in operation, making it one of the three largest Carl’s Jr operators in the country.
The acquisition is expected to close in the following days.
Carl’s Jr is an American-based quick service restaurant (QSR) chain owned by CKE Restaurant Holdings, with presence in 39 countries. It opened its first store in 1941, and as of March 2016 operated over 3,650 restaurants under the Carl’s Jr and Hardee’s brands, both directly and through franchises.
Since the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
