Managers
Private markets asset management firm Hamilton Lane has successfully closed on USD200 million in private capital for its first Small Business Investment Company (SBIC) Fund, with significant support from anchor investor, the New York State Common Retirement Fund (NYSCRF).
A number of other institutional investors participated, including TD Bank, Bank of NY Mellon, HSBC Bank, Deutsche Bank and First Niagara Bank.
Through the SBIC Program, the US Small Business Administration (SBA) provides funding to qualified investment management firms with expertise in certain sectors or industries. The New York Credit SBIC Fund will provide USD200 million in debt and mezzanine
Edgemont Capital Partners has acted as exclusive financial advisor to WorkWell Medical Group on its investment and recapitaliaation by Salt Creek Capital. Terms of the deal have not been disclosed.
WorkWell Medical Group, founded in 2003 by Dr Sheilaja Mittal and Vikram Mittal, and headquartered in Salinas, California, offers patients and employers an in-house network of specialists, a multidisciplinary rehabilitation facility and a state-of-the-art mobile medical clinic, all providing a complete suite of healthcare services to improve healing time for employees, enabling them to return to work more quickly. The company owns and manages five medical clinics providing occupational medicine,
Japanese company Topcon Corporation intends to submit a purchase offer to the shareholders of ifa systems AG via its Dutch subsidiary Topcon Europe BV with the aim of acquiring a 50.1 per cent holding in the firm.
As ifa systems AG shares are listed on the Entry Standard of the Frankfurt Stock Exchange, rather than the regulated market, the offer is not subject to the Securities Acquisition and Takeover Act (WpÜG); it is primarily governed by general stock corporation law requirements.
The announced offer price is EUR15.20 per share, meaning that ifa systems AG is valued at around EUR42
Alternative asset manager Aquila Capital has won the bid to acquire Småkraft AS, the largest operator and developer of small-scale hydropower plants in Norway.
The acquisition will be the third public hydro transaction for Aquila Capital in 18 months and will further expand the firm’s already significant footprint in the hydropower sector.
The transaction includes Småkraft’s portfolio of 45 operating plants generating over 500 GWh annually and a substantial development project portfolio led by a strong operational organisation. Småkraft AS is owned by four Norwegian utility companies: Statkraft (40 per cent), Agder Energi (20 per cent), BKK (20 per
Santander Corporate Bank has provided a new GBP50 million committed debt package to Poundworld Retail Limited, a UK value variety retailer, to support its next stage of growth and store roll out plan.
Poundworld continues to have no material financial leverage and now benefits from the security of having enhanced and committed banking facilities. Earlier this year funds affiliated with private equity firm TPG Capital LLP (TPG) acquired a majority stake in family-run Poundworld.
Santander’s Leeds-based Large Corporate and Structured Finance teams worked together with the bank’s International Trade Finance team to create a bespoke financing structure which will
US Capital Advisors (USCA) has formally launched its third division, USCA Asset Management. The firm has simultaneously launched its flagship energy investment vehicle, the USCA Private Energy Credit Fund, which will provide direct loans and other bespoke credit solutions to higher quality, lower middle market-sized private energy companies in need of growth capital.
Paul Tice joins USCA as a Senior Managing Director and Head of the Energy Capital Group at USCA Asset Management. Tice will be overseeing the firm's private energy fund business and will be the manager of the firm's new Private Energy Credit Fund. Tice will report directly
Tenable Network Security has raised USD250 million in a series B funding round led by Insight Venture Partners and Accel.
The investment, which is subject to customary closing adjustments, marks one of the largest fundraising rounds completed for a private security company and is expected to accelerate Tenable’s long-term global growth. Today’s funding marks USD300 million in capital raised to-date, following Accel’s USD50 million Series A investment in September 2012.
“Tenable has the only true continuous network monitoring offering on the market and our products defend some of the world’s largest and most complex networks, keeping our customers secure in
LA_based private equity fund Balmoral Funds has acquired Enesco, a designer, developer, and distributor of consumer products to a wide variety of specialty card and gift retailers, home décor boutiques, as well as national retail chains and direct- to-consumer retailers.
“We are excited to welcome Enesco to the Balmoral Fund family of consumer product companies,” says Jonathan Victor, Senior Managing Director at Balmoral. “The Company’s portfolio includes highly recognized company-owned brands, such as Gund, Department 56, Our Name is Mud, and Gregg Gift, as well as iconic licensed brands like Jim Shore, Disney, Britto, and Peanuts.”
Balmoral Funds also announced
Carey Olsen has advised Gravis Capital Partners on the initial public offering (IPO) of a new GBP100 million Jersey fund, Project Finance Investments Ltd, which is now listed on the main market of the London Stock Exchange.
The company’s project finance investments will be largely UK-based, medium-to-long-term fixed or floating rate loans secured against cash flows and/or physical assets; its objective is to generate attractive risk-adjusted returns primarily through regular, growing distributions and modest capital appreciation over the long term.
Carey Olsen partner Robert Milner (pictured) says the IPO and listing on the London Stock Exchange (LSE) main market
Stifel Financial Corp is to acquire Eaton Partners, an independent, partner-owned hedge fund and private equity fund placement and advisory firm.
Eaton's extensive relationships with private equity firms, hedge funds, high net worth family offices, and institutional investors is a growth opportunity for Stifel to leverage both its investment banking platform and its high net worth private client business, which will include the previously announced Barclays Wealth Americas business upon closing in the fourth quarter of 2015.
Eaton has over 60 employees across six offices and relationships with over 4,000 of the largest active institutional investors. Since Eaton's inception
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
