Managers
Kebony has raised NOK177.5 million (EUR19.05 million) to fund a second European factory. Finance has been secured via the issue of NOK140 million of new shares and a subordinated loan of 37.5 million NOK. PMV and Investinor lead the new investment round, which was open to both new and existing investors.
Following many years of strong growth, the demand for Kebony – a sustainable alternative to tropical hardwood – is about to exceed current production capacity at its facility in Vold, Norway. The proceeds of the raised capital will primarily be used to build a second factory in Belgium, scheduled
KeBeK Private Equity is to acquire a controlling stake in Belgian car superstore chain Cardoen from Karel Cardoen. The transaction marks the first investment made by the second KeBeK fund, which was established last June.
Karel Cardoen remains an important shareholder of Cardoen and, together with KeBeK, will now lead further expansion of the company.
KeBeK participates in solid, medium-sized companies with identifiable potential for further growth and value creation. KeBeK actively supports the management of its participations in corporate strategy execution without playing an operational role. KeBeK I counts eight participations, six of which were taken over from
Consumer electronics developer Netatmo has successfully raised EUR30 million in a funding round led by Legrand, a specialist in electrical and digital building infrastructures.
Existing investors Iris Capital, Ambition Numérique and Pascal Cagni also participated while Fred Potter and Netatmo’s other founders remain majority shareholders.
“Thanks to the quality of our products and our ability to conquer new markets, our turnover is constantly growing in our home market and internationally,” says Potter. “These outstanding results prove the relevance to our approach and the excellent capability of our teams. We welcome Legrand as our new investor and are very proud
Venture capital trust (VCT) provider Octopus Investments has launched a GBP30 million fundraise for Octopus Apollo Venture Capital Trust (Apollo VCT).
The new share offer for Apollo VCT comes just two months after Octopus Titan Venture Capital Trust (Titan VCT) launched a GBP50 million fundraising offer.
Launched in 2006, Apollo VCT seeks to invest in established, profitable companies with the aim of providing investors with a regular tax-free dividend income and has built a strong track record of delivering regular returns on an annual basis. It paid its first dividend in 2008 and since then has paid out a
Open source solutions provider Smile is in exclusive negotiations to acquire Open Wide, a move that will broaden the Smile’s offering while strengthening its position in the open source sector.
European growth private equity investor Keensight Capital, the majority shareholder in Smile alongside Edmond de Rothschild Investment Partners (Cabestan), has been working with Smile’s management team since the end of 2013, particularly by guiding the company in successfully deploying its external growth strategy.
Founded in 2001, Open Wide has built a rosta of blue chip clients, including Airbus, Thales, Safran and Samsung. The company employs nearly 150 people though
oOh!media Limited is to acquire 100 per cent of the share capital of Inlink Group Limited (Inlink) for USD45 million. The acquisition is in line with oOh!’s digital strategy of driving engagement with audiences through digital screens in high dwell time locations and will further drive oOh!’s digital market leadership.
Inlink formed in 2001, and has grown to be the market leader in premium CBD Digital Out Of Home market, with a network of more than 2,800 digital screens located in office towers, cafes and fitness centres.
The acquisition is expected to be immediately EPS accretive and will be
With some of the biggest names in private equity real estate raising ever larger funds, this extract from Preqin Real Estate Spotlight looks at how emerging managers are faring in the fundraising market and how investor appetite for new firms is changing.
The fundraising environment for emerging managers* seems especially daunting in recent times amid intense competition for fundraising; managers lacking an established track record are finding it difficult to gain traction and secure institutional investor commitments. Larger, more experienced real estate firms, however, have been securing ever greater proportions of fundraising, but has this been at the expense of
Australian private equity and venture capital has continued to deliver strong returns, outperforming the S&P/ASX 300 Index by over 8 per cent in the June 2015 quarter and delivering a 23 per cent net return for the year to 30 June 2015.
That’s according to data released today by the Australian Private Equity and Venture Capital Association Limited (AVCAL) and Cambridge Associates.
The Cambridge Associates LLC Australia Private Equity and Venture Capital Index (the CA Australia Index) – which is the leading independent performance benchmark for the private equity and venture capital asset class – outperformed the listed markets through
The Leland Family of Funds, in conjunction with Thomson Reuters, has launched the Leland Thomson Reuters Venture Capital Index Fund which, as its name suggests, tracks the Thomson Reuters Venture Capital Index.
Launched in October, 2012, the Thomson Reuters Venture Capital Index is an investable index that tracks the performance of individual US venture capital-backed private companies via liquid, publicly traded assets. It utilises economic factors and market indicators to calculate optimal asset weights across a number of sectors and modifies the portfolio over time to reflect changes in the US venture capital universe.
"Historically, sophisticated institutional investors have
Lovell Minnick Partners, a private equity firm specialising in financial and related business services companies, has completed fundraising for its fourth institutional buyout fund, reaching the cap of USD750 million and surpassing the USD550 million target.
Lovell Minnick Equity Partners IV received commitments from many limited partners who invested in previous funds sponsored by the firm, including Goldman Sachs Asset Management, RCP Advisors, Twin Bridge Capital Partners, and PPM America on behalf of certain clients. Lovell Minnick also attracted commitments from a number of new investors including MassPRIM and the W.K. Kellogg Foundation. The firm’s prior fund, Lovell Minnick Equity
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
