Managers
FCDE is to sell Babcock Wanson to Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, which will invest in the transaction alongside the existing management team.
Following the completion of this sale, Kartesia will take control of a solid pan-European group, transformed and restructured since the 2016 carve out from its previous shareholder.
Babcock Wanson is a major European provider of industrial process heating equipment and solutions (primarily boilers and burners) and in the supply of high value-added associated services. The Group is well positioned to capitalise on a growing market, as the supportive regulatory
Law firm Seward & Kissel represented opportunistic credit manager Kennedy Lewis Investment Management in connection with its strategic partnership with York Capital Management to form Generate Advisors.
Under the partnership agreement, York’s approximately USD4 billion Collateral Loan Obligation (CLO) business and team, led by Rizwan Akhter, will transition to Generate Advisors and continue to manage York’s current CLO portfolio as well as any future CLOs issued by Generate Advisors.
Kennedy Lewis will be investing in Generate Advisors and has committed at least USD200 million of capital to be invested in the equity of Generate Advisors’ future CLOs litigation. The firm’s
Percival Menswear, a London-based contemporary menswear fashion brand, has secured a further GBP3 million investment from growth capital investor VGC Partners, following an initial investment of GBP150,000 in 2018.
The Hackney-based brand, which employs eight people, has set itself apart in recent years by creating collections that subvert the classics of the male wardrobe. This includes featuring in the David Beckham Eyewear campaign and curating a custom tour wardrobe of Niall Horan, as well as more recently collaborating with Brighton-based artist and illustrator Sophy Hollington.
Percival, led by creative director, Chris Gove, and head of marketing, Terry Donovan, utilised
New State Capital Partners (New State) has closed its third institutional investment fund, New State Capital Partners Fund III with USD450 million in committed capital.
The Fund was over-subscribed and closed on schedule at its hard cap in about four months after the official launch.
Fund III’s investors are comprised of a diverse and global group of public and private pension funds, consultants, endowments, foundations, funds of funds, and family offices. New State completed the fundraise of its second institutional fund in March 2018 with USD255 million of capital commitments and currently has USD1.2 billion in assets under management.
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New Zealand based legal tech startup for in-house legal teams, LawVu, has raised USD1.8 million USD in venture funding co-led from Silicon Valley based, Shasta Ventures and AirTree Ventures in Australia.
The raise was also supported by New Zealand based NZ Growth Capital Partners (NZGCP) and existing investors.
LawVu will use the investment to continue its growth into the US and Australian markets, a global industry worth USD500 billion USD, with the US market being USD160 billion USD alone. The complexity and volume of work in-house legal teams are doing is skyrocketing and LawVu is solving that problem by offering
EW Healthcare Partners (EW) has acquired a majority stake in Laboratoires Majorelle (Majorelle) from its Founders to support its growth and European expansion in line with the Founders’ strategy.
Francisco Partners, a leading global investment firm that specialises in partnering with technology businesses, has combined TradingScreen, a provider of trading execution and order management software, and Imagine Software, a real-time risk and compliance software platform.
The combined company, TS Imagine, will be a dynamic end-to-end trading and portfolio management software platform for connecting the investment management industry with a network of brokers, banks and exchanges.
Francisco Partners says the the combination creates one of the most robust SaaS cloud-based software platforms in capital markets and investment management, bringing integrated and complete front office solutions, complementary product capabilities, best-in-class
The value of UK buyout deals by high-net worth investors (HNWs) shot up by 626 per cent in 2020, rising from GBP132 million in 2019 to GBP958 million, says Boodle Hatfield, the leading private wealth law firm. The increasing number of buyout deals led or co-funded by HNWs goes against the overall decline in deal value across the wider private equity market over the same period.
Zonda has acquired BuzzBuzzHome, a Toronto-based online real estate listings portal serving the new residential construction market.
The acquisition of BuzzBuzzHome follows the recent acquisition of Vancouver-based Urban Analytics earlier this month, which expanded Zonda’s data capabilities into the urban and multi-family markets.
BuzzBuzzHome, founded in 2009, provides both supply-side and demand-side services in the real estate market for new home developments. On the supply side, BuzzBuzzHome serves as a data-driven marketing tool for developers, brokerages and marketing agencies across the US and Canada. For consumers in terms of demand, BuzzBuzzHome provides access to information regarding new developments, including
Law firm Paul Hastings has advised Baring Asset Management Limited, a global investment management firm, in connection with the senior financing supporting the acquisition of Trace One by Symphony Technology Group (STG) from private equity firm, Hg.
Headquartered in Paris, Trace One specialises in developing integrated software solutions for the creation and management of consumer-packaged-goods products.
A multi-disciplinary and cross-border Paul Hastings team was led by London based finance partner Richard Kitchen, together with finance partners Olivier Vermeulen and Tereza Courmont Vlkova assisting from Paris. Other members of the team included tax partner Allard de Waal (Paris) and senior finance
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
