Managers
Q-Energy, a global platform investing in renewable energy, has closed a non-recourse debt refinancing of three solar thermal plants in Spain, with a total installed capacity of 120 MW, for a total amount of EUR732 million.
Located in Andalusia, the three solar thermal plants have been operating since 2011 and have a salt storage system that allows them to produce electricity throughout the day, even at times when there is no solar resource (at night or on cloudy days), guaranteeing the supply of programmable and manageable renewable energy. Two of them are parabolic solar thermal power plants (Valle 1 &
Polaris is expanding its activities with investments in subordinated loan capital (junior capital etc) and minority shareholdings, with the launch of Polaris Flexible Capital.
Polaris expects to raise DKK1 billion for the new fund, which will support attractive Nordic medium-sized companies with flexible capital for growth, investments, ownership changes and optimisation of capital structure. The addition widens Polaris’ reach and sharpens the offering to medium-sized companies looking for capital and to investors who may diversify their portfolios with new attractive investments.
Polaris Flexible Capital is an addition to Polaris’ existing activities and is established with its own investment team, an
Neuberger Berman, a private, independent, employee-owned investment manager, has launched a private equity European Long-Term Investment Fund (ELTIF) making the firm’s global private equity offering more accessible to eligible retail and non-professional investors and their advisers.
Unlike most traditional private equity funds with high minimum investment thresholds, both professional and eligible retail investors across Europe will have access to the fund with a minimum investment of EUR50,000. The fund’s expected life has also been shortened to eight years from the more traditional length of 10-12 years.
José Luis González Pastor, managing director at Neuberger Berman, explains: “The Neuberger Berman
LGT Capital Partners has raised USD6 billion to capture investment opportunities in private equity secondaries across the whole spectrum of investment situations including single assets solutions, private equity fund solutions and diversified portfolios of Limited Partnership interests.
LGT Capital Partners’ second programme focusing on single asset solutions and concentrated fund solutions, Crown Secondaries Special Opportunities II (CSSO II), is closing on 31 May 2021 at its hard cap of USD1.5 billion. As early as 2015, LGT Capital Partners launched its predecessor program to access this newly identified set of opportunities in private equity secondaries.
Ivan Vercoutere, Managing Partner at LGT
Aberdeen Standard Investments (ASI) has invested GBP50 million on behalf of its strategic partner Phoenix Group (Phoenix) in Black Sea Trade and Development Bank (the Bank) supporting the implementation of its climate change strategy.
Specifically, proceeds will be used for projects financed directly, or through financial intermediaries, that will target the following areas:
Lower carbon and efficient energy generation;
Renewable energy;
Energy efficiency in industries and buildings both brownfield and greenfield;
Sustainable agricultural practices;
Waste and wastewater treatment that reduce GHG; and
Green transport systems.
The Bank supports economic development and regional co-operation in the Black Sea region through trade
TA Associates, a global growth private equity firm, has sold its ownership interest in Mitratech, as part of Mitratech’s sale to Ontario Teachers’ Pension Plan Board at an enterprise value of USD1.55 billion.
The transaction was completed on 18 May, 2021 after all necessary closing conditions were achieved.
With Mitratech’s proven portfolio of end-to-end software solutions, organisations worldwide are able to implement best practices and standardise processes across all lines of business to automate activities of the corporate legal department, help organisations manage legal complexity, and stay compliant with an ever-changing landscape of risks and obligations. Mitratech serves more
Sheridan Capital Partners (Sheridan) has invested in SimiTree Healthcare Consulting (SimiTree), a strategic and equal combination of Simione Healthcare Consultants (Simione) and BlackTree Healthcare Consulting (BlackTree).
Funds affiliated with Lightyear Capital (Lightyear), Oak HC/FT and Greater Sum Ventures (GSV) have completed the sale of Therapy Brands to KKR.
Financial terms of the transaction have not been disclosed. Funds affiliated with Lightyear and Oak HC/FT acquired a majority stake in Therapy Brands in July 2018.
Therapy Brands provides practice management, integrated patient payments, revenue cycle management, patient engagement, tele-health and data management solutions for mental and behavioural health practices to support their clinical, administrative and billing needs. The Therapy Brands suite of software tools enables more than 28,000 practices in psychotherapy, applied behavioural analysis, substance use recovery
Clean energy investment firm Sunwealth has secured a USD2.9 million loan from Calvert Impact Capital to support its solar access work.
Sunwealth will use the financing, together with USD4.3 million in tax equity investment from private investors, to support 18 solar projects on the rooftops and parking lots of nonprofit organisations, multi-family apartment buildings, houses of worship and commercial office buildings in communities underserved by traditional renewable energy financing. These community-based solar projects will generate enough electricity to power over 300 homes annually, and will provide Sunwealth’s solar customers with USD3.8 million in lifetime energy savings. The loan will also
Investec Bank (Investec) is to a acquire a significant minority stake in Capitalmind, one of Europe’s leading independent mergers & acquisitions and corporate finance advisory firms.
Investec and Capitalmind first established an international advisory partnership in 2018. The two firms’ advisory operations are characterised by outstanding geographic complementarity: Investec provides Capitalmind with connectivity to the United Kingdom, Ireland, Asia and Africa, while Capitalmind joins Investec’s advisory business to most of Western Europe, and in particular to Germany, France, the Benelux countries, Scandinavia and Switzerland. From the perspective of business sectors, Investec’s areas of focus with respect to advisory largely mirror
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
