Managers
Clearwater International has been mandated by Papierfabrik Palm to support the company in developing and implementing a favourable mid-term financing structure.
Based on a tailor-made financing concept, Clearwater International coordinated a competitive process with several international banks and managed the structuring of a refinancing comprising a term loan and a revolving credit facility with a total volume of EUR450 million and a tenor of 4.5 years.
Family-owned Papierfabrik Palm, based in Aalen-Neukochen (Germany), is one of the leading companies in the European paper industry. The company is divided into the paper division with its five paper mills for the
Duet Private Equity and AMCON (Asset Management Corporation of Nigeria) are to establish an investment fund focused on Nigeria’s FMCG sector.
The fund will launch with an initial target size of USD400 million and AMCON will contribute six portfolio companies currently under its control. The fund will invest an additional USD200 million into these six companies.
The fund will focus on turnaround and distressed situations, where companies require additional capital and debt restructuring. The portfolio will consist exclusively of food and beverage companies with local brands. 


Ahmed Kuru, AMCON chief executive, says: "We are very excited about partnering
Compliance and regulatory firm Lawson Conner has added XIO Group to its stable of private equity clients.
XIO (UK) LLP will operate as an onshore investment adviser, helping to support XIO Groups global private equity funds.
The UK entity is responsible for identifying opportunities in Western Europe and North America.
The London office is led by Carsten Geyer, XIO Group’s head of Europe, and supported by the group’s financial service co-heads Marcel Normann and Volker Dammann.
“Over the past 12 months we have seen an ever increasing demand for our regulatory hosting solution from global private equity managers. With offices
Clearwater International has advised Union Square, a provider of information management software to the architecture, engineering and construction (AEC) industries, on its sale to Deltek.
Union Square, founded in 2000, has become the leading supplier of business and project information management software across the entire AEC supply chain. Headquartered in Nottingham, the business has experienced strong international growth in Australia and recently expanded operations into Europe and Canada. The business has recently been named as one of Britain’s most inspirational companies in The London Stock Exchange’s annual Inspire Britain report.
The acquisition by Deltek, the leading provider of software and
Evercore is to transfer the control of its Mexican private equity business Evercore Mexico Capital Partners (EMCP) to a new entity formed by the existing principals of the business.
Under the plan, the EMCP team, led by Alfredo Castellanos, has formed a new entity, Glisco Partners, which will assume all responsibility for management of the existing EMCP funds, which currently manage USD266 million of invested capital.
Dr Pedro Aspe, the chairman of Evercore Partners Mexico, will continue to serve on the investment committee for the EMCP funds.
As consideration for the transfer of ownership, Evercore will receive a
Bloomberg has held the close of a second USD75 million fund with venture capital firm Bloomberg Beta.
The new fund, which will focus on the future of work, will build on Bloomberg Beta's specialty in machine intelligence.
Bloomberg has made significant investments in technology, systems and applications, employing 4,000 technologists and engineers who build and support a platform that moves markets around the world.
Bloomberg Beta expands on those investments by investing in companies that make business work better.
The announcement comes three years after the formation of Bloomberg Beta's first fund. Since that time, Bloomberg Beta's
Operations technology startup Predictive has acquired 2338 Technologies, an early-stage, privately-backed startup developing machine learning technologies.
The purchase price has not been disclosed.
2338’s technology will now power PredictiveOps, a SaaS application that is aiming to transform language in hedge fund documents and regulatory filings into useable data for operations planning and automation.
As part of the transaction, 2338’s founder and CEO Carl P Evans III has agreed to join Predictive as co-founder, chief product officer, and corporate counsel. Evans brings over 15 years of software, hardware, robotics, machine learning development, and technology management experience to Predictive.
Three Hills Capital Partners (THCP) is to sell its stake and its debt position in Dedalus Holding, owner of Dedalus Spa.
Dedalus is a provider of healthcare software systems in Italy and has recently announced the acquisition of Noemalife to create the largest software operator in the Italian healthcare sector, and one of the largest players in Europe.
Following the signing of the agreement, Ardian will acquire 60 per cent of Dedalus Holding, including 10.41 per cent from Dedalus’ founder Giorgio Moretti, 14 per cent from HC Leo (30 per cent owned by THCP and 70 per cent by
OpenGate Capital has reached the final closing for its first institutional private equity vehicle, exceeding its target of USD300 million.
OpenGate Capital Partners I and affiliated partnerships, closed on USD305 million in total commitments.
The firm has already completed four investments in the first half of 2016. It has signed an agreement for a fifth, due to close later in the year.
Andrew Nikou, founder, managing partner and CEO at OpenGate Capital, says: “I am incredibly proud of the hard work and commitment from everyone at OpenGate. The team stood their ground while we built this firm, had
Pelican Energy Partners has closed its latest private equity fund, Pelican Energy Partners II, with total committed capital of USD210 million targeting investments in control buyout and growth investments in energy services and equipment companies.
According to founder and managing partner Mike Scott, Fund II continues Pelican’s successful strategy of investing in companies in the energy sector that have significant growth potential as well as resilience to industry cycles.
“Our investment track record resonated with investors,” says Scott. “Since starting Fund I in 2012 near the peak of the last cycle, we have been patient and disciplined in deploying
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
