Managers
Last week proved to be the biggest yet for VCT funding this tax year, with GBP46.4m being raised. Octopus Titan and ProVen took the bulk of this amount. Total VCT fundraising for 2018/19 amounts to GBP608.5 million so far, with GBP386.5 million raised in 2019 alone.
Commenting on the tax year demand, Alex Davies, CEO and founder of Wealth Club, says: “As the tax year draws to a close, VCT funding is less than 5% behind the 2017/18 total at the same point. Given the level of uncertainty regarding Brexit and the fact that much of last year’s business was rushed
RIO Investment Partners (RIO) is pleased to announce the launch of a new venture capital fund focused on Agri-Food investing across the North American ag-tech and food-tech value chain.
RIO invests in growth stage companies operating in the various segments of the agri-food tech continuum and seeking capital of USD3 to USD10 million to catalyse their expansion strategies. RIO is targeting USD150 million of total committed capital and has secured USD77.5 million in a first close.
RIO is the successor to Avrio Capital, a global pioneer in agricultural equity investing. RIO has recruited several members of the Avrio team, including
IFC, a member of the World Bank Group, is providing up to USD100 million in financing to the Middle East Glass Manufacturing Company (MEG), Egypt’s leading maker of glass containers. The partnership is designed to support the firm’s capital expenditure programme, create new jobs, and boost Egypt’s manufacturing sector.
IFC’s debt financing package will help MEG ramp up production of its containers, which are used by a variety of companies, from beverage makers to pharmaceutical firms. This will help MEG expand its international footprint and continue to grow its annual exports. It will also help the company expand locally and
Aliter Capital (Aliter), the private equity investment specialist in the support services industry, has brought together two of the fastest-growing companies in the sector.
The combination of Glasgow headquartered Boston Networks, Pinacl Solutions and Pinacl GDA, headquartered in North Wales, will create a UK-wide organisation with a staff of over 300 and a turnover approaching GBP50 million. The transaction establishes a major player with full design, installation, management and support capability across the areas of network infrastructure, smart buildings, Internet of Things (IoT) and life safety systems.
Boston Networks recently launched the pioneering GBP6 million IoT Scotland, the UK’s most-advanced
There’s plenty of appetite among investors to consider the next generation of PE managers, some of whom are spinning out of existing shops with bags of experience but little chance of making partner because of a lack of succession planning.
This new wave of talent faces a significant challenge, naturally, when competing with multi-year, multi-billion dollar PE groups, but provided they put a solid team together, and perhaps test the market with a few co-investment deals to demonstrate their skill (outside of their previous role), there is no reason why new management groups can’t succeed.
Part of the success of
Funds managed by Searchlight Capital Partners (Searchlight) are to acquire a 26 per cent stake in Latécoère from funds managed by affiliates of Apollo Global Management, an affiliate of investment funds managed by Monarch Alternative Capital (Monarch), and CVi Partners.
Searchlight is paying a total of USD106.8 million, equivalent to EUR 3.85 per share.
The Agreement provides for a top-up provision in the event Searchlight files a tender offer on Latécoère at a higher price within 12 months following closing and such tender offer is consummated.
This transaction is still subject to usual regulatory clearances, including CFIUS and certain antitrust
Quilam Capital, a provider of both debt and equity solutions to companies in the speciality finance sector, has announced its seventh investment since it launched late 2017.
Quilam has made a multi-million-pound investment into Propensio Finance Limited, a technology-led niche consumer finance platform, which provides unsecured loans to home owners to fund home improvements. The business has a strong network and relationships with home improvement product providers throughout the UK.
Propensio was founded and run by Dave Hindle who has significant experience in the sector having been lending to the home improvement market for over twenty years. The business
MJ Hudson has advised Maven Capital Partners on the final closing of Maven UK Regional Buyout Fund, its debut institutional private equity buyout fund, securing total commitments (including co-investment vehicles) of GBP100 million.
The Fund’s investment strategy is to target management buyout opportunities in UK companies with an enterprise value of GBP10 million to GBP40 million, aiming to invest between GBP5 million and GBP15 million in each transaction.
The Fund has already deployed close to GBP30 million in three transactions, supporting the MBOs of John McGavigan Ltd, UAP Ltd and Acton Banks Ltd, with equity investments of GBP10.25 million, GBP8.6
Intel Capital, Intel Corporation’s global investment organisation, announced new investments totalling USD117 million in 14 disruptive technology startups at the Intel Capital Global Summit on Monday.
The 14 companies joining Intel Capital’s portfolio are creating powerful artificial intelligence (AI) platforms; new ways to see and analyze materials for the built world and our bodies; more efficient and greener manufacturing technologies; and disruptive new approaches to chip design.
“Intel has driven disruption for the last 50 years, changing the way we live by making compute ubiquitous. Intel Capital is continuing that legacy of disruption with these investments,” says Wendell Brooks, Intel
Growth Capital Partners (GCP”) has made an investment in Infinity Works Consulting Limited, partnering with the founder management team to support significant additional scale and reach and help increase its share of the multi-billion-pound market for IT services.
Infinity Works is a software consultancy with a full stack offering from infrastructure to front-end delivery. Services include project and product delivery, technology consulting, organisational optimisation, training, cloud migration and strategy and managed services.
The founders left well-paid jobs in the Leeds technology sector to launch the business in 2014 with two short contracts with NHS Digital and a desk in a
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
