Managers
Riverstone Holdings (Riverstone) is to buy International-Matex Tank Terminals (IMTT) from Macquarie Infrastructure Corporation for total consideration of USD2.685 billion subject to customary closing adjustments.Established in 1939, IMTT is an industry leader in the storage and handling of bulk liquid products that are used in energy, industrial, consumer, and transportation industries. The Company operates 19 terminals and has total storage capacity of approximately 48 MMbbls.
“Riverstone has a long-standing track record owning and operating terminal assets, and we are excited about the opportunities at IMTT to drive growth and performance to deliver attractive returns to our investors,” says Baran
Private equity firm Cinven and GIC, Singapore’s sovereign wealth fund, are to acquire specialist insurance and (re)insurance broker, Miller, from its partners and corporate member, Willis Towers Watson (WTW). Financial details of the transaction have not been disclosed.
Founded in 1902, Miller is a leading specialist insurance and (re)insurance broker operating in the UK, Lloyd’s and internationally. It employs more than 640 people through its offices in London, Ipswich, Brussels, Paris, Singapore and Geneva, covering the world’s major insurance hubs. Miller operates across a number of specialist areas, including marine, energy, credit and political risks, delegated authorities, professional risks, property, casualty,
PAI Partners, a leading European private equity firm, through its newly raised fund specialised in mid-market opportunities, PAI Mid-Market Fund (PAI MMF), has acquired a majority stake in Angulas Aguinaga, a Spanish specialist in modern fish and fish-based ready meal solutions, from private equity firm Portobello Capital.After the signing of this agreement, the current shareholders will reinvest in the company and continue to hold a 49.9 per cent stake. The completion of this transaction is subject to customary regulatory approvals.
Angulas Aguinaga owns some of the most recognised brands in the Spanish fish and seafood convenience industry, such as
Allegro, a Luxembourg based third party management company (ManCo), AIFM and fund administrator, has rebranded as Ocorian Fund Management, following the acquisition of the company by Ocorian group in April. Ocorian is a specialist in fund services, capital markets, corporate and fiduciary services. This move adds depth and breadth to Ocorian’s funds business, which offers fund administration and associated services across all investment structures with particular specialisms in green energy, listed and private funds.
Ocorian offers end-to-end service solutions for fund groups so they can maximise the benefit of centralising their administration and create economies of scale. It is fully
Cavendish Corporate Finance, a UK mid-market M&A firm, has advised Spring, a new home buying service, on securing private equity investment to support its growth strategy via circa GBP300 million in annual home buying capacity.
3i Group has agreed to invest cGBP125 million alongside management for a majority stake in MPM, an international leader in branded, premium, natural pet food.Headquartered in Manchester, UK, MPM was founded in 2002 and owns leading brands such as Applaws, Encore and Reveal. The company differentiates itself through its high quality, human-grade products, its natural, clean-label ingredients and its “cat first” proposition. MPM’s loyal customer base places great importance on its sustainable sourcing and recyclable packaging. It has an established presence in the UK, EMEA and APAC with a fast growing business in North America. International sales account for more
Hamburg-based real asset specialist Aquila Capital has launched the Aquila Capital Energy Efficiency Strategy, focussing on investments in small to medium sized energy efficiency projects in the private and public sector. The geographical focus will be on Europe. Its first investment, a street lighting project in Italy, been closed in November 2020.
The project’s objective is to replace and operate street lighting systems under long-term concession agreements within a cluster of eight municipalities in central Italy. The project’s return is driven by cost savings through the substitution of existing lighting systems with LED lamps, a proven technology, resulting in energy consumption
Ares Australia Management (AAM), a strategic joint venture between Ares Management Corporation (Ares), a global alternative investment manager, and Fidante Partners Limited (Fidante Partners), is launching its second Australian product, the Ares Diversified Credit Fund.The unlisted open-ended Fund presents a novel investment strategy to the Australian managed fund space and provides investors with access to Ares’ leading global credit platform through a vehicle that allows for daily inbound and quarterly outbound liquidity at net asset value (NAV). The Fund is designed to offer exposure to private and public credit assets and aims to deliver yield premiums and additional downside protection
Bancroft Bridge Fund, a private equity fund managed by Vienna based Bancroft Private Equity, has sold its stake in Rubik’s Brand Ltd (RBL), the London based company that owns the rights to the world famous Rubik’s Cube, to Spin Master Corp (Spin Master), a global children’s entertainment company. RBL was established by the founding families of the original Rubik’s business in 2013 to focus exclusively on the Rubik’s Brand. The investment by Bancroft in 2018 fuelled an ambitious growth strategy through new channels, new products and new markets utilising Rubik’s unparalleled global brand-recognition.
Monika Lukacs, the partner leading the deal for
ECI Partners has exchanged on the sale of MPM to 3i Group plc for a return of 4.4x, with completion subject to regulatory clearance.Manchester-headquartered MPM produces premium, natural pet food for discerning cat and dog owners under the Applaws, Encore and Reveal brands. MPM’s products are sold across 50 countries and the business has maintained its strong growth this year, proving to be highly resilient since the initial impact of Covid-19.
ECI first invested in MPM in March 2016 to help support its international growth and today over 60 per cent of MPM’s revenues are international with strong growth
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
