Managers
Guernsey firms Carey Olsen and Ipes have assisted Endeavour Vision on the fundraising of Endeavour Medtech Growth LP, which closed at its hard cap of EUR250 million having been oversubscribed.
This makes it the largest dedicated medtech fund in Europe and one of the largest pure medtech funds worldwide.
Advised by healthcare and technology investor Endeavour Vision Ltd, the specialist fund is targeting European and US companies in the medical device and digital health sectors with products that have gained regulatory approval and are already generating commercial traction. Endeavour Vision Ltd is an internationally-recognised investor in the healthcare and technology
Hennessy Capital Acquisition Corp II (HCAC) and United Subcontractors Inc (USI) are to merge with HCAC acquiring all of the outstanding capital stock of USI Senior Holdings, Inc, the indirect parent company of USI.
In connection with the merger, HCAC will change its name to USI Holdings, Inc. and continue to list its common stock and warrants on the NASDAQ Capital Market under the tickers USI and USIW, respectively.
USI is a leading provider of installation, construction and distribution services to the residential and commercial construction markets in the United States, with a national platform consisting of 43 locations
Palamon Capital Partners (Palamon) has agreed the sale of Towry to Tilney Bestinvest for GBP600 million, subject to regulatory approvals. The sale will result in total Sterling investment returns for Palamon of 13 times invested capital.
Towry is one of the largest independent wealth managers in the UK with more than GBP9 billion of client assets, 85 per cent of which are managed under discretionary investment mandates. Towry employs more than 900 staff across 21 regional offices and offers award-winning investment management alongside highly skilled financial planning. The combination of Towry and Tilney Bestinvest will create the leading UK wealth
Palatine Private Equity has backed the secondary buyout of holiday park group Verdant Leisure.
Verdant currently operates four holiday parks based in Southern Scotland and North East England with over 2,100 pitches, comprising of privately owned lodges and holiday homes, holiday lettings and touring facilities.
Established in September 2010 by an experienced management team led by CEO Graham Hodgson, Verdant has capitalised on the growing trend towards ‘staycations’ in the UK. To date the team has acquired four parks comprising of Thurston Manor and Pease Bay in September 2010, Viewfield Manor in July 2011 and Riverside in January 2012.
Palatine
IK Small Cap I Fund, advised by IK Investment Partners (IK), is to acquire Touristry AB, a provider of tourism related services in the Nordics, primarily focused on bus and boat sightseeing (Hop-On, Hop-Off). Financial terms of the transaction have not been disclosed.
Headquartered in Stockholm, Touristry is a market leading operator of sightseeing buses and boats in the Nordic capitals as well as provider of tourism related services. The Company operates brands such as Red Buses and Red Sightseeing, and provides services to over 1.3 million tourists per year.
“We are very excited to partner with Micha and the
Forno d’Asolo, an Italian producer and distributor of sweet and savoury frozen pastry products, backed by 21 Investimenti, has acquired Donatella, a filled pastry and bakery product specialist.
Founded in 1946, Donatella specialises in filled pastries and bakery products, most notably Tiramisu. Donatella is located in Venice, Italy and distributes its products through a network of agents and distributors focused on the food service channel.
In 2015, Donatella exceeded EUR15 million in sales, 30 per cent of which was generated from foreign markets (namely the UK, USA, France, Germany, Austria and Switzerland).
Including Donatella, Forno d’Asolo, will see
Rockpoint Group, a global real estate investment management firm, has held the final close of Rockpoint Real Estate Fund V at USD3.3 billion in total capital commitments, exceeding its USD2.5 billion fund target.
Investors in Rockpoint V, the firm’s most recent opportunistic real estate fund, include prominent public and corporate pension funds, endowments, foundations, sovereign wealth funds, and other governmental entities from the United States, Asia, Canada, Europe and the Middle East.
Rockpoint Real Estate Fund IV closed in 2013 with over USD2.3 billion of commitments and is fully invested. The firm’s lower-risk investment vehicle, Rockpoint Growth and Income Fund
Boutique asset manager Unigestion has held the first close of its private equity fund, Unigestion Direct Opportunities 2015 with commitments in excess of EUR100 million, is over half of the fund’s target size of EUR200 million.
In achieving its first close, UDO 2015 has attracted investor support from both existing and new investors, including UK investors North East Scotland Pension Fund and Clwyd Pension Fund. The fund is focused on investing in 12-15 privately-owned companies around the world, all of which are operating in the small and middle market, with enterprise values of under EUR1 billion.
The first two investments
GRESB, a provider of environmental, social and governance (ESG) benchmarking for real assets, has launched the 2016 GRESB assessments.
GRESB provides ESG data to institutional investors with over 8.1 trillion in assets under management. Assessment results and data is used by investors and others to understand the risk/return profile of real estate and infrastructure investments.
“Investors today are looking for companies with a high ESG performance and GRESB rating,” says Nils Kok, CEO, GRESB. “In fact, from what we’ve seen, companies with GRESB ratings have higher valuations and a larger pool of interested investors. GRESB’s goal is to provide investors
McCarthy Capital Corporation has held the final closing of McCarthy Capital Fund VI, a USD353 million private equity fund that will invest in high growth, lower middle-market companies.
“We are pleased to announce the closing of Fund VI,” says Patrick Duffy, President and Managing Partner of McCarthy Capital. “We appreciate the strong support from existing investors and are grateful for the opportunity to partner with several well-regarded institutional investors to complete this capital raise quickly.” McCarthy Capital experienced strong demand for its sixth fund which was oversubscribed exceeding its target of USD250 million.
McCarthy Capital, led by a seasoned group
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
