Managers
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
Berkshire Partners has held the closing of the firm's ninth private equity investment fund, Berkshire Fund IX, with total equity commitments of USD5.5 billion.
Fund IX's capital was subscribed primarily by institutional investors in previous Berkshire funds. Investors include many of the world's largest endowments, foundations, pension funds and financial institutions. Consistent with its philosophy of alignment with limited partners, Berkshire is the largest investor in Fund IX.
Berkshire seeks to invest in middle market growth companies in partnership with talented management teams. Fund IX's portfolio is expected to consist of companies with acquisition values between USD200 million and USD2
The attraction for private equity as an alternative asset class is as strong as perhaps it has ever been. As the results of a recent E&Y survey reveal (Positioning to win: 2015 global private equity survey), 19 per cent of investors said they currently allocate up to 5 per cent of capital to private equity, but 39 per cent said they allocate more than 25 per cent.
This is encouraging news for private equity managers, but with it comes extra responsibility as investors and regulators alike ramp up their due diligence. Indeed whereas only 28 per cent of managers said
NewAlpha Asset Management’s dedicated FinTech Venture Capital fund has made its first investment, a EUR2.3 million capital increase in Heoh, a technology platform for donations at payment terminals.
Heoh plans to raise EUR60 million for NGOs in the next five years while offering merchants and payments companies an innovative charitable service that complements existing solutions.
Ghislain d’Alançon, specialist in means of payment, and Antoine Vaccaro, specialist in philanthropy, set up Heoh in 2012 to offer consumers a simple direct way to finance charitable projects through a new fund-raising circuit on electronic payment terminals and bank cards. In 2013, Heoh
British Business Bank Investments Limited’s Venture Capital Catalyst Fund has invested EUR13 million (GBP10 million) in the first close of Atlantic Bridge III, a new EUR140m Fund for technology companies with global market scalability.
Atlantic Bridge III will invest in up to 20 companies and will focus on scaling businesses in the UK, Ireland and across Europe in high growth enterprise technology sectors including cloud, big data, augmented and virtual reality software, robotics and internet of things. The investment from British Business Bank Investments will help Atlantic Bridge scale up its existing operations in the UK as it seeks to
Increased confidence in the Channel Islands’ funds sector is reflected in positive year-end figures from both Guernsey and Jersey, says Ogier funds partner Simon Schilder.
The year-end figures for Guernsey funds under management and administration increased by 1.2 per cent to reach GBP2.7 billion over the fourth quarter of 2015 and GBP8.2 billion (3.7 per cent) year-on-year to reach GBP227.6 billion.
Jersey’s statistics revealed a GBP7 billion increase over the quarter – though a GBP3 billion loss year-on-year – to GBP225.8 billion in regulated funds under administration.
Schilder says: “ESMA’s positive recommendation of Jersey and Guernsey for the extension of
Conscious of the ongoing fight against inequality and as part of its commitment to socially responsible investment, Idinvest Partners has decided to support several charitable organisations by working with an intermediary organisation, Epic Foundation.
Idinvest will initially support two specific initiatives through the foundation, Simplon.co and Sport dans la Ville.
Christophe Bavière, CEO of Idinvest, says that: “Idinvest was enormously impressed by the Epic Foundation’s operational model. Modern and transparent, it gives donors complete visibility on the use of their donations and the impact they have. This trusting relationship is critical for all parties involved. It forms the basis
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
