Managers
Nordea Asset Management has reached the EUR150 million target for its first secondary-investments focused fund, Nordea Private Equity Secondary Fund I, ahead of its final close on 12 January 2021.
Nordea Private Equity Secondary Fund I was launched in 2019 and complements Nordea’s Private Equity flagship fund, Nordea Specialised Investment Fund, SICAV-FIS – Global Private Equity Fund, an open-ended solution with over 50 institutional investors and private equity commitments of over EUR 1bn to top quartile funds since 2012.
In a low-yielding environment, investors are looking for opportunities within illiquid asset classes and secondary investments have been delivering strong
Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, has sold its portfolio company Safety Products Holdings, LLC, the parent company of Pacific Handy Cutter (PHC), to Bertram Capital.
PHC is the leading supplier of specialised safety cutting tools and replacement blades to a diverse range of end markets. The Company is a recognised leader in the industrial safety market for standardising the method of opening packaging and providing products that are engineered to eliminate workplace injuries, reduce damaged merchandise and improve employee productivity. PHC was founded in 1950 and is headquartered in Irvine, California.
Matthew Frankel, Managing
European software investor Hg has made an investment in Geomatikk Group (Geomatikk), a tech-enabled services provider, managing critical ‘check-before-you-dig’ safety assessments to network owners, contractors and consulting engineers within Norway, Sweden and Finland.
Hg will support Geomatikk with its extensive experience in scaling tech champions across Europe. Hg will become the majority investor, with founders and management remaining as significant investors in the business. The full terms of the transaction are not disclosed and closing is subject to obtaining relevant regulatory approvals.
Founded in 2005, Geomatikk is a leading tech-enabled services provider managing critical “check-before-you-dig” requests in Norway, Sweden
Gryphon Investors (Gryphon), a middle-market private equity firm based in San Francisco, CA, has acquired Physical Rehabilitation Network (PRN) from Silver Oak Services Partners (Silver Oak).
Silver Oak will make an investment in the newly recapitalised company, and PRN’s management team will remain with the Company and retain an equity stake as well. This transaction marks Gryphon’s third investment in the physical therapy category after successful earlier investments in Accelerated Rehabilitation and CORA Physical Therapy. Terms of the deal were not disclosed.
Kevin Blank, Gryphon Operating Partner to Gryphon’s Healthcare Group, says: “Physical therapy is a USD36 billion industry
Gridiron Capital, an investment firm focused on partnering with founders, entrepreneurs, and management teams, has closed Gridiron Capital Fund IV and its affiliated Funds at its hard cap of USD1.35 billion.
With a broad base of distinguished investors including pension funds, insurance companies, family offices, endowments, and foundations, Gridiron IV was significantly oversubscribed and is the largest flagship fund in the firm’s history.
“With the closing of Gridiron IV, we are grateful to our investors for their partnership and support. Despite navigating a unique and challenging year, we are excited to celebrate the closing of our largest flagship fund to
Eurazeo Capital has completed its investment in Questel alongside IK Investment Partners, Raise Investissement and the management team. The transaction involved the purchase of 100 per cent of Questel’s capital.
Questel is a major intellectual property solutions provider that operates worldwide and employs 900 people in 30 countries, developing SaaS products and an automated brand services and patent filing platform. The company works with close to 6,000 clients, including a number of large multinationals, offering end-to-end collaborative patent and brand management solutions across the innovation and intellectual property cycle, from invention through to filing and renewal.
Questel’s enterprise value
Avista Capital Partners (Avista), a private equity firm focused exclusively on healthcare, is to acquire Solmetex, a provider of amalgam separators and other waste compliance products to the US and Canadian dental industries. Terms of the transaction have not been disclosed.
For over 25 years, Solmetex has been an innovator in waste solutions, with a primary focus on ensuring dental practices remain compliant with the ever-changing regulatory landscape. The acquisition will enable Solmetex to continue its commitment to deliver best-in-class, environmentally responsible dental waste technologies and programs to its physician partners and the communities they serve, while fuelling investment in
Allianz Global Investors has held the second close of the European Private Credit II (EPC II), having raised EUR290 million of commitments in 2020.
AllianzGI’s second corporate private debt fund open to third party investors, EPC II attracted commitments from German, French, Austrian and Italian insurers and corporate pension funds alongside Allianz group entities.
EPC II provides investors the opportunity to access pan-European mid-market direct lending through a senior only debt strategy. It predominantly targets transactions in France and Germany, with diversification achieved through investments across Continental Europe. The strategy’s focus lies on privately negotiated and structured loans for
3d innovations (3di), a data management solutions company, has acquired Charlotte-based Investment Data Licensing Advisors (IDLA), a market and investment data licensing advisory firm serving the US market.
The acquisition follows demand from investment firms and market data vendors for more bespoke and creative solutions that leverage best practices when managing data selection, usage risk and costs, and sees the firm expanding its global reach. As part of the agreement, John White, IDLA principal, will lead the company as newly appointed 3di CEO.
IDLA provides investment managers and other market data consumers with a comprehensive, integrated data solutions program
Amundi Private Equity Funds (Amundi PEF), a wholly-owned subsidiary of Amundi, has launched a new Diversified Infrastructure Strategy.
This new strategy is intended for institutional investors who do not have the in-house resources and experience required to invest directly in Infrastructure, using a diversified and scalable approach, and in particular, for those investors who prefer to invest through seasoned specialists, given the asset class’ increasing complexity. Through direct investments or a robust selection of third-party infrastructure funds, the strategy offers strong diversification both in terms of sectors and geographies, with a focus on Energy, Transport and Telecommunications, primarily core/core+ assets
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
