Managers
notonthehighstreet.com, the UK’s largest curated online marketplace, has secured a GBP6M term loan from Silicon Valley Bank. The funding will be used to provide additional liquidity as the business continues to grow.
notonthehighstreet.com brings together over 5,000 of the UK’s best small creative businesses offering over 170,000 original, inspirational lifestyle products, many of which are bespoke and made to order. Investors backing the business include Venrex Investment Management, Index Ventures, 83North, Fidelity Growth Partners and Industry Ventures LLC.
Andy Botha, CFO at notonthehighstreet.com, says: “Our business has continued to go from strength to strength and this financing will enable
HVAC&R Limited (HVAC&R), a provider of heating, ventilation and air conditioning solutions to the oil and gas sector, has been acquired for GBP10.25million with capital from
Lonsdale Capital Partners has acquired HVAC&R Limited (HVAC&R), a provider of heating, ventilation and air conditioning solutions to the oil and gas sector, in a GBP10.25 million deal and will integrate the company into its existing investment, Oteac.
Royal Bank of Scotland are the senior debt advisors on the deal.
Oteac provides fire and safety services to the oil and gas, drilling, marine, public service and industrial/commercial sectors. The company’s acquisition and integration with
The German private equity market is showing signs of a slight downturn after the buoyant mood experienced since last summer. Deteriorating financing conditions and business prospects mean that investors in the SME sector are increasingly joining the ranks of the sellers.
However, private equity professionals expect conditions to improve in the second half of the year, according to the findings of the latest private equity panel survey, which is conducted three times a year by CMS Germany and FINANCE magazine. Some 40 private equity (PE) firms provide anonymous assessments of the market for the survey.
Overall, private equity investors in
All lights turned green for Hedge funds after a difficult start to the month. All strategies ended the week in the black pushing the Lyxor Hedge Fund index higher, however, the index remains negative at -0.2 per cent month to date. Earlier in May, the higher volatility regime exhibited by several asset classes impacted hedge funds negatively.
An affiliate of Fortress Investment Group is to become co-manager with Mount Kellett Capital Management of the Mount Kellett investment funds and related accounts (the funds).
Mount Kellett affiliates will continue to serve as general partner of the Funds. Additionally, affiliates of Fortress will become special limited partners of the Funds. Financial terms of the transaction were not disclosed.
The strategic alliance between Mount Kellett and Fortress brings together teams with significant special situations experience and sector specific knowledge, particularly in credit and global real estate. Mount Kellett will benefit from the scale and resources contained within the institutional framework of Fortress, a global
Baring Private Equity Asia is to acquire a majority stake in Vistra Group from IK Investment Partners’ IK 2007 Fund. The Vistra Group management team will continue to hold a significant shareholding in the Company after completion.
The completion of the transaction is subject to regulatory approvals. The parties have agreed not to disclose the financial terms of the transaction.
Baring Asia is one of the largest and most established independent private equity firms in Asia and advises funds that manage more than USD9 billion in committed capital. The firm runs a panAsian investment program, sponsoring management buyouts and providing
Stephen Yates examines Preqin’s latest data on wind power deals, including aggregate deal value, average deal size and the most prominent regions for wind power deal activity.
Preqin’s Infrastructure Deals module on Infrastructure Online includes extensive information on over 11,200 completed transactions in infrastructure assets globally. These deals encompass a wide variety of investors, ranging from infrastructure fund managers and direct institutional investors to developers, contractors and other industry-specific trade investors. Over 8,100 infrastructure transactions have been completed since 2006, worth an estimated deal value of approximately USD1.8 trillion. Renewable energy is a prominent sector within the asset class, with
A Fitch Ratings analysis of three of the largest US alternative investment managers shows that each firm should be able to sufficiently cover outstanding debt obligations, including 30-year bonds, under a 10-year runoff scenario.
This would be achieved through fee-related cash flows and discounted asset realisations.
The runoff analysis complements Fitch's standard, going-concern evaluation of alternative investment managers, which takes into account franchise strength, management quality, performance strength and ability to continue to raise additional assets under management.
In Fitch's opinion, The Blackstone Group, LP (Blackstone, A+/Stable) has the most flexibility when it comes to debt repayment under the runoff
D E Shaw Renewable Investments and Bright Plain Renewable Energy (BPRE) have acquired two solar projects with a combined capacity of 7.1 MW-DC located in Indianapolis, Indiana.
The projects were developed by Community Energy, Inc (CEI) and acquired by an affiliate of DESRI in partnership with BPRE. The sites are located on industrial property owned by Citizens Energy Group (Citizens), including a former monofill landfill.
groSolar will serve as the engineering, procurement, and construction contractor for the projects, and provide operations and maintenance services to the facilities once they are operational later this year. The projects are expected to produce
Alternative investments firm QIC has formed a USD764 million (AUD1 billion) Asia-Pacific infrastructure partnership with the California Public Employees' Retirement System (CalPERS).
The partnership represents CalPERS' first Asia-Pacific infrastructure commitment and adds another of the world's largest pension funds to QIC's infrastructure client base. Under the terms of the arrangement, QIC will source, create and manage a portfolio of Asia-Pacific infrastructure assets for the partnership.
Ross Israel, Head of QIC's Global Infrastructure says: "We are very pleased to have entered into this partnership with a pension fund of CalPERS' stature and for an investment mandate of this scale. CalPERS has
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
