Managers
Nauta Capital has completed the first close of its 2015 fund at USD70 million, resulting in total assets under management (AUM) of USD260 million.
The final close is expected during the first half of 2016 with a total fund target ranging from USD115 to 175 million.
Nauta Capital, which has offices in London, Barcelona and Boston, backs entrepreneurs committed to creating global capital efficient software companies in large markets with limited previous technology impact. Areas of interest include B2B software, disruptive digital media and enabling technologies for mobile and the internet.
Nauta has led investments in 30+ companies
Technology-driven electricity supplier Limejump has received additional funding to the tune of GBP1.4 million in a seed extension round.
This funding round sees the Government-backed Angel CoFund co-invest alongside JamJar, the investment vehicle from the Innocent Juices founders, and existing investor and shareholder Passion Capital.
The UK-based business, founded in January 2014 by Erik Nygard and Ning Zhang, utilises real-time data to ensure businesses can make their electricity supply work better for them. Limejump’s mission is to transform energy with data, by using a combination of software and technology to allow businesses to take part in – and profit from
Harris Williams & Co has advised The Mill, a provider of moving image visual content for advertising, to Technicolor for GBP190 million.
Harris Williams & Co. acted as the exclusive financial advisor to The Mill, a portfolio company of Equistone Partners Europe (Equistone). The transaction was led by Thierry Monjauze, Jonathan Organ and Mathew Tsui from Harris Williams & Co.’s Technology, Media & Telecom (TMT) Group in London.
“It has been a pleasure to work with the management team of The Mill for a second time,” says Thierry Monjauze (pictured), a managing director in the firm’s TMT Group. “The Mill
AvidXchange, a FinTech provider of Accounts Payable and Payment Automation, has completed a USD225 million minority growth financing led by Bain Capital Ventures, with contributions from Foundry Group, NYCA Partners, KeyBank, Square 1 Bank, and TPG Special Situations Partners.
The company becomes a part of Bain Capital Ventures’ portfolio alongside companies such as LinkedIn, Staples and Vonage, as well as technology companies Experian, Billtrust and iPay Technologies. The company’s long-term partner, Financial Technology Partners LP and FTP Securities LLC (“FT Partners”), served as exclusive financial and strategic advisor to AvidXchange in this transaction. AvidXchange intends to invest a significant amount
Silver Creek Capital Management, an alternative investment boutique focusing on private credit, hedge fund and real asset strategies, has launched a new joint venture with Plum Creek Timber Company enabling institutions to directly invest in timber assets.
Twin Creeks will provide institutional investors an opportunity to co-invest in timberlands currently managed by Plum Creek with the objective of growing the portfolio to approximately USD1 billion in valuation over time through opportunistic, selective timberland acquisitions from third parties. The venture is intended to be a long-term timberland investment with an initial 15-year term. The initial portfolio, valued at USD560 million, will
Private equity funds managed by Blackstone is to acquire the majority of Serco Group’s private sector Business Process Outsourcing (BPO) operations, the main element of which is the former Intelenet business, for a consideration of GBP250 million.
The enterprise value of this deal represents the largest acquisition by Blackstone in India.
The business has expected annual revenues of approximately GBP235 million for this year. The company has 51,000 full time employees across 67 centres in eight countries. The private sector BPO business provides a range of middle and back office services, and has a strong customer base of international
"Malta provides an outstanding opportunity for private equity and venture capital managers. It has a flexible LP structure, an extensive network of double tax treaties, a favourable local tax regime and experienced service providers who can provide a cost-effective solution," comments Felicity Cole (pictured), Head of the Funds Department at Maltese law firm, Mamo TCV Advocates.
Of particular importance says Cole, are recent changes made to the Maltese Companies Act, which governs limited partnerships, including changes which set out the extent to which limited partners can participate in the management of the partnership without losing their limited liability. This is
Despite Malta introducing a legal framework for securitisation in 2006, the financial crash meant that it was rarely used until around 2012. But there are signs that securitisation is gaining some momentum locally. This is being helped by a dedicated regulated market for wholesale securities, the European Wholesale Securities Market (`EWSM'); a joint venture between the Irish Stock Exchange and Malta Stock Exchange established in 2012 that allows the listing of wholesale-denominated debt securities to trade on an EU-regulated market.
"The revival of securitisation in the EU is now considered to be one of the priorities of the Capital Markets
Following Malta's implementation of the Alternative Investment Fund Managers Directive (AIFMD), it is possible to set-up Alternative Investment Funds (AIFs) in Malta in accordance with the AIFMD.
Nevertheless, the existing Professional Investor Fund (PIF) regime has been retained in parallel with the AIF Regime, thus enabling de minimis fund managers and third country managers to set up collective investment schemes under the Investment Services Act, regulated by the Investment Services Rules for Professional Investment Funds.
Even though the PIF regime has remained popular with fund managers, fund platform structures have also gained momentum. According to Dr Stefania Grech (pictured), Financial
BHR has closed on its acquisition, alongside its joint venture partner AVIC Auto, of Henniges Automotive, a specialist designer and manufacturer of sealing and anti-vibration solutions for high-end automobiles.
The transaction, valued at around USD600 million, is structured as a joint acquisition by BHR (49 per cent) and AVIC Auto (51 per cent). BHR's investment in the joint venture is funded by its institutional LPs. BHR is confident in the potential for the growth of Henniges under the continued management of its current team with the new backing of AVIC Auto and BHR, who bring on board industrial expertise, as well
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12 November, 2026 – 8:00 am
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