Managers
Babson Capital Management, its subsidiaries Cornerstone Real Estate Advisers and Wood Creek Capital Management, and Baring Asset Management Limited, are planning to combine operations under the Barings brand.
The combination will create a global, multi-asset investment management firm with over USD260 billion of assets under management, offices in 20 countries, and over 1,700 professionals. The firm will be led by Tom Finke, current Chairman and CEO of Babson, and will be headquartered in Charlotte, North Carolina.
David Brennan, Chairman and CEO of Barings, who will retire as planned during the summer of 2016, says: “This is an exciting opportunity
It's a great time to be a borrower, with 63 per cent of direct lenders and 55 per cent of banks reporting that they have higher acquisition finance lending targets this year, according to the DLA Piper European Acquisition Finance Debt Report 2016.
However, the report, which polled more than 300 participants in theEuropean debt markets, found that only 47 per cent expect actual deal activity this year to overtake that of 2015, with a further 47 per cent expecting it to stay the same and as such competition between lenders is set to increase.
David Miles, Head of
Midlands-based Paintbox Group, a full service supplier of premium exterior systems and advanced painting and finishing solutions to the automotive industry, has secured a significant investment from BGF (Business Growth Fund) to help fund a new robotic production line and support longer-term growth.
Founded in 1989 to provide services to the Formula 1 industry, its customers now include Rolls Royce, Bentley, Aston Martin and Jaguar Land Rover. Paintbox operates three robotic and four manual paint production lines across its manufacturing sites in Birmingham and Banbury, employing more than 300 people and with an annual turnover close to GBP50m.
The
Aprea AB, a clinical-stage biotechnology company developing novel anticancer therapies targeting the tumour suppressor protein p53, has completed a Series B financing round, raising EUR46 million (approximately USD 51 million).
The international syndicate was co-led by Versant Ventures and 5AM Ventures, with participation by Sectoral Asset Management. HealthCap acted as the local lead investor. Aprea's main shareholder is KDev Investments AB, an investment vehicle owned by Karolinska Development AB.
The funds will be used to advance the clinical development of lead program APR-246, a first-in-class anticancer compound reactivating the tumour suppressor protein p53. Aprea is completing the Phase Ib
IndiaMART, India’s largest online marketplace, has closed a Series C funding round led by Amadeus Capitalwith participation from Westbridge Capital, the Accion Frontier Inclusion Fund, managed by Quona Capital, and existing investor to Intel Capital.
The Company will use the funds raised to further strengthen its leadership position in the B2B segment by scaling up Indiamart.com along with Tolexo.com and ultimately assist more of India’s entrepreneurs to launch businesses, restock their shelves and connect with more business opportunities.
Dinesh Agarwal, Founder and CEO, IndiaMART, says, “As pioneers in this field, we understand that there lies a huge untapped opportunity with Indian MSMEs as well as big corporate
Triloma EIG Global Energy Term Fund I has begun investment operations with an investment in senior secured notes issued by Sabine Pass Liquefaction (Sabine Pass).
Sabine Pass is a project company formed to own, develop and operate natural gas liquefaction facilities in Cameron Parish, Louisiana. The notes, which mature on 15 March, 2022, are secured by a first lien security interest in substantially all of the assets of Sabine Pass. The project is supported by fixed price, 20-year liquefied natural gas (LNG) sale and purchase agreements with investment grade counterparties. In February 2016, the project achieved a milestone when the
Private equity firm Main Post Partners has held the final closing of its inaugural fund, Main Post Growth Capital, with a total of USD400 million in third-party limited partner commitments, well in excess of its initial target of USD250 million.
The fund received commitments from a select group of prominent investors, including college endowments, insurance companies, family offices, corporate and state pension funds, fund-of-funds and high net worth individuals. Main Post Partners' principals and its executive network also contributed significant capital to the new fund.
"We are very grateful to have the trust and support of a distinguished group
eVestment has expanded its private equity performance analytics capabilities to meet the needs of institutional investors with the addition of new functionality to TopQ – eVestment's solution for the private equity market.
eVestment is continuing to work towards its commitment of providing institutional quality data and analytics across all major asset classes.
With these improvements, eVestment and TopQ users will see further enhancements to eVestment TopQ's private equity performance analysis functionality. Additions include the Direct Alpha public market equivalent (PME) analysis methodology in TopQ's PME module. PME analysis enables managers and investors to understand the relative performance of private equity compared
Blackrun, a non-traditional investment platform, has launched a new investment vehicle, Half the World Holdings, which supports businesses that target women as their end consumer.
As part of the launch, Blackrun has signed two term sheets: EmbraceHer, a maternal health technology company, and Siren, a modern-day relationship platform.
Blackrun Ventures Co-Chairman Mark Pawley, sees the clear opportunity: “We recognise the multidimensional nature of women’s lives and that the pragmatic solutions they seek at different life stages often come from companies founded by women who themselves experienced a similar problem. We have a strong pipeline of complementary investments on the horizon, and
Fast Data analytics software vendor Intersec has closed a USD10 million funding led by Omnes Capital, Cisco Systems, Harbert European Growth Capital and its banks, who join Innovacom, Highland Capital Partners Europe and CMC-CIC Innovation.
With a strong 50 per cent growth on its core market in 2015 resulting in many new software platforms sold to both existing and new customers, Intersec has now delivered platforms to customers on every continent, expanding its original European and African base to all other regions of the world.
The company’s live solutions address various needs, from Location Data Monetization to Data Analytics
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
