Managers
Flossbach von Storch has launched its fourth private equity fund of funds, a regulated, closed-end fund Tectum Private Equity in Luxembourg together in conjunction with Universal-Investment, which manages the fund as an AIFM.
The Flossbach von Storch Private Equity Team aims to build on the success of its predecessor funds with a target capitalisation of EUR200 million.
Flossbach von Storch AG is one of the leading independent asset managers in Germany and currently manages assets of more than EUR42 billion. The company has been active in the private equity asset class since its foundation and since 2008, it has offered
Washington DC-based private equity firm Arlington Capital Partners (Arlington Capital) is to sell Ontario Systems (Ontario) to New Mountain Capital.
Ontario Systems is a provider of enterprise software that automates operations and accelerates revenue recovery for clients in the healthcare, accounts receivable management (ARM), and government markets. Terms of the transaction have not been disclosed.
Matt Altman, a Managing Partner at Arlington Capital, says: “Arlington’s investment in Ontario Systems continues our track record of successful partnership with founding management teams to drive transformational growth in healthcare software companies. The investments in technology and people that we have made over
Avenue Capital Group, a global investment firm, is to acquire Pollen Street Capital’s interest in the Irish development and bridging finance lending platform, Castlehaven Finance, for an amount in excess of EUR250 million.
The transaction will result in Pollen Street Capital, the independent alternative asset investment management company, exiting its investment in Castlehaven Finance, which it has held through its credit lending arms, P2P Global Investments PLC and Honeycomb Investment Trust PLC.
Castlehaven Finance was founded in response to the need for an alternative lender in the residential development market as the Irish housing market began to recover in 2014
European fund manager STAR Capital Partnership has acquired Windhoist Holdings (Windhoist), a leading wind turbine installation contractor for an undisclosed consideration.
Originally founded in Ireland in the 1950s with a focus on agricultural machinery, the family owned business grew quickly, and by 2005 was supplying mechanical and electrical engineering turnkey services to the emerging wind industry under the Windhoist brand, filling a gap in the UK market. With a historical focus on the on-shore wind market, more recently it successfully completed the portside construction of 84 offshore wind towers for the 588MW Beatrice offshore wind project, the first to utilise
Two female tech entrepreneurs who have developed the UK’s first software as a service (SaaS) platform to help companies manage rebate and pricing schemes have secured GBP950,000 from investors.
Leanne Bonner-Cooke MBE and Colette Wyatt have received funding from Mercia Asset Management, the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, and private investors. The funding will allow them to expand their sales and marketing activities and roll out e-BateÒ to a wider audience, creating a number of new jobs at their office in Leicester.
Bonner-Cooke
Sheridan Capital Partners (Sheridan) has made an investment in Oral Surgery Partners (OSP), an oral surgery practice management company. Sheridan invested alongside OSP’s surgeons and management, who have retained a meaningful ownership stake in the business.
OSP is headquartered in Greater St. Louis and is a market leader in the region. The Company serves oral surgery clinics throughout Missouri, providing patients with friendly, compassionate care, and offering a full range of diagnostic and surgical services for any issues that affect the mouth, teeth, and facial region.
“The oral surgery market is highly fragmented, and Oral Surgery Partners represents one
LDC-backed Martin Audio, a designer and manufacturer of premium high-performance loudspeaker systems, has recorded double-digit sales growth following a series of product launches and overseas expansion.
The Buckinghamshire-based business, which provides sound systems for some of the UK’s biggest festivals, reported a 22 per cent increase in sales in its financial year 2017-18, growing from GBP16.5million to GBP20.1million. It is now forecasting a further 20 per cent increase throughout 2019.
Over the same period, Martin Audio has added a number of major global rental clients to its roster, including US-based Soundworks, Southard Audio and Twilight Audio which were part
Fund That Flip, a fintech platform and marketplace lender of residential real estate loans, has raised USD11 million from Princeton, NJ-based growth equity firm Edison Partners.
Launched in 2014, Fund That Flip provides short-term loans to experienced real estate redevelopers who buy and renovate residential properties. After origination, Fund That Flip offers accredited and institutional investors the opportunity to purchase fractional shares of the loan and earn an 8-9 per cent annualised yield. Since Fintech Venture Fund, an Atlanta based early-stage investor, led the company’s seed round in 2016, the company has realised exponential growth, doubling its revenue, loan origination
The recent acquisition of Estera by Inflexion Private Equity, a leading PE group with GBP5.4 billion in AUM, signals a move by private equity firms to explore M&A opportunities in the fund administration and corporate & trust services arena, which remains a relatively new, standalone sector.
The acquisition from Bridgepoint will see Estera merge with Ocorian, one of Inflexion’s existing portfolio companies, to form what it calls a “global corporate service and fund administration leader of significant scale”.
It is just the latest example of PE groups looking to identify long-term value and growth targets in the M&A deal space,
Ultimus Fund Solutions (Ultimus), an independent provider of fund administration, accounting and investor solutions to traditional and alternative fund managers, is to acquire LeverPoint Management (LeverPoint).
LeverPoint, headquartered in Clifton Park, NY, is an independent provider of full-service fund administration, accounting, tax and back office support services to private equity, venture capital and real estate managers. Going forward, Ultimus’ private fund business will operate as Ultimus LeverPoint Private Fund Solutions and will provide administration for approximately USD90 billion of private fund assets across 230 clients. In total, Ultimus will service over USD220 billion of assets under administration and over 1,250 total traditional
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
