Managers
Private investment firm Auxo Investment Partners has acquired Andrie, a Michigan-based Jones Act bulk transporter of specialty products including liquid asphalt, cement, light oil petroleum products, and calcium chloride throughout the Great Lakes.
The deal, terms of which were not disclosed, marks Auxo’s sixth acquisition in 16 months, and builds on the firm’s December 2017 acquisition of M/G Transport Services, a leading dry-bulk transportation and logistics company based in New Orleans.
Andrie has a fleet of 19 vessels, with a cargo capacity of over 125,000 tons and employs 150 people.
“This company has been a big part of
Ironwood Capital has made an investment in American Roller Company (American Roller), headquartered in Union Grove, Wisconsin. The company is a servicer and manufacturer of industrial rollers and specialty coatings for use in web converting systems.
“We were impressed with the company’s breadth of roller solutions and the outstanding management team,” says Ironwood Capital Managing Director Jim Barra. “They have an impressive list of customers, including many long-time blue chip customers who rely on American Roller’s expertise to help keep their own operations running smoothly.”
“American Roller has built up a strong brand over decades of successfully providing technical solutions
Jersey’s funds industry continued to see a rise in the number of alternative fund managers choosing to market their funds through national private placement regimes (NPPR) in the second half of 2018, according to the latest figures from Jersey’s financial regulator.
Data from the Jersey Financial Services Commission (JFSC) shows that the number of Jersey-registered managers opting to market into the EU through NPPR rose 4 per cent between July and December 2018, and by 13 per cent compared to December 2017, to stand at 168.
Meanwhile, the total number of Jersey alternative funds being marketed into the EU
Log Fire Pizza Co, a popular Italian street food brand, and Delaney’s Donkey, a new Irish Bar and Restaurant concept, are both set to open at The Riverwalk, the GBP30 million redevelopment on the banks of the River Wear in Durham.
This news comes as Odeon’s fit out works progress for the new multi-screen cinema. The Riverwalk is owned by Clearbell Property Partners II LP (Clearbell), a fund managed by Clearbell Capital.
Log Fire Pizza Co and Delaney’s Donkey are due to open this summer, joining Cosy Club and Turtle Bay on The Riverwalk’s striking new promenade. Winner of the
Authority Brands, a home services franchising platform backed by funds advised by Apax Partners, has acquired Clockwork, and certain of its affiliates from Direct Energy Group, a subsidiary of Centrica plc.
The transaction is expected to close in the first half of 2019. The acquisition is the third home services add-on for Authority Brands since the company was acquired by funds advised by Apax Partners in September 2018.
Established in 1999, Clockwork delivers critical home services through three leading plumbing, electrical, and heating, ventilation and air-conditioning (HVAC) providers across the United States. Its household-name brands – Benjamin Franklin Plumbing
Ÿnsect, an ag-tech innovator that specialises in breeding insects and transforming them into premium ingredients for fish feed, pet food and organic plant fertilisers, has raised USD125 million (EUR110m) in a Series C funding round to scale up production by building the world’s biggest insect farm in Amiens Metropole, Northern France.
Led by Astanor Ventures — and backed by established international funds including Bpifrance, Talis Capital, Idinvest Partners, Finasucre and Compagnie du Bois Sauvage — this investment is the largest-ever ag-tech funding deal outside of the United States.
With a mission to tap into the natural goodness of insects
iCON Infrastructure Partners II has completed the divestment of its interests in Beckton Energy Limited (Beckton) and Rothes CoRDe Limited (Rothes) to Arjun Infrastructure Partners (AIP). iCON’s co-investor at Beckton, Melquart Limited (Melquart), also sold its stake in the company.
Beckton is the owner of an 18MWe / 28MWth bio-liquids fired combined heat and power plant (CHP), which is strategically located in London and integrated with key infrastructure owned by the major utilities Cadent Gas Limited (formerly National Grid Gas Plc) and Thames Water Utilities Limited, to which Beckton provides heat and electricity respectively.
Rothes is the owner of
By Denise Davidson, Associate Partner, EY – Investor demand for long-term, non-correlated returns is driving convergence and competition, pitting traditionally distinct players against one another in a new alternatives middle ground.
Ten years ago, it would have been unusual to find a hedge fund and a private equity house crossing paths in the entrance to a beauty parade, not least because of their differing traits.
Traditionally, the people-driven, synergy-seeking psyche of private equity has seemed far removed from the quant-driven disposition of the hedge fund industry, but market convergence is blurring these lines.
Investor demand for customised products and outcome-oriented
Luxcara, an asset manager focussed on renewable energy investments, has acquired the Finnish wind power project Välikangas, which has a projected capacity of 100 MW.
The produced electricity will be sold to an off-taker on the basis of a power purchase agreement (PPA).
The wind farm has been developed by and will be built with ABO Wind as construction manager. Connection to the grid is envisaged for summer 2020.
“We continue to be convinced by wind power in the Nordics and are happy to realise this Finnish wind project on the basis of already established business partnerships thanks
French asset management company Anaxago Capital has launched FCPR ANAXAGO SocietyOne, a private equity real estate (PERE) fund specialising in real estate development and renovation.
The company aims to raise EUR30 million to invest in a portfolio of 20 to 40 real estate development, renovation and property trading operations. Its goal is to enable investors to achieve a target return of around 8 per cent (IRR net of all management fees) within a five-year investment horizon (renewable twice for one year at the decision of the management company)
The fund is open to retail investors with investments starting from
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
