Managers
INVL Asset Management, one of Lithuania’s leading asset management companies, has completed a first closing of the INVL Baltic Sea Growth Fund, a closed-end private equity fund intended for professional investors, at EUR106 million.
The INVL Baltic Sea Growth Fund became the largest private equity investment fund in the Baltic countries.
“We are pleased with the successful completion of the first closing. It’s important that investors in the fund include both international financial institutions who see the Baltic region’s business potential and local investors who know the market and Invalda INVL well. For our part, we’re actively working
Palatine Private Equity has backed the MBO of SMP Group, the corporate, trust and professional services provider.
The MBO, which is subject to regulatory approval, comes as part of a planned leadership succession process at the Isle of Man headquartered business, which will see the appointment of a new group CEO, David Hudson.
Created in 2007 through a management buyout from Fortis Intertrust and with an unbroken record of financial success, SMP Group has grown into an international provider of corporate and trust services, employing over 200 people across seven global offices.
New CEO David Hudson has been
An affiliate of HIG Capital (HIG) has partnered with the management team of Taconic Biosciences to acquire the company.
Headquartered in Rensselaer, NY, with operations in Germantown, NY, Indiana, Germany, and Denmark, Taconic is a specialist in genetically engineered models and service solutions used in mission-critical life sciences research. With its strong market position and long-standing relationships, Taconic is well-positioned to benefit from the significant growth in the broader healthcare services market and more specifically in genetically engineered models growth. Researchers use Taconic’s models and services in a wide variety of growing research applications, including oncology, immunology, and neuroscience, as
PIR Equities, an employee-owned private equity firm, has raised EUR275 million (USD312 million) for its third flagship fund.
Established in 2008 by Joseph Aaron Horowitz and Oded ‘OD’ Kobo, PIR Equities manages a varied portfolio including interests in property, securities, technology, and ownership in operating businesses with over USD650 million in assets.
“We are proud of the strong and continuous support we have received from our partners. We plan to remain patient in deploying capital, but will be ready to invest when we see the right opportunities emerge,” says Joseph Aaron Horowitz, Managing Partner.
PIR Equities prior funds had net internal rates of return –
Three Rivers Natural Resource Holdings IV (Three Rivers IV), a newly-formed, Austin-based oil and gas company, has secured an equity commitment of up to USD500 million from funds managed by energy private equity firm Riverstone Holdings (Riverstone), and additional amounts from the Company’s management team.
Three Rivers IV represents the fourth partnership between Riverstone and Three Rivers IV’s management team after the successful sales of substantially all of the assets of Three Rivers Natural Resource Holdings, Three Rivers Natural Resource Holdings II, and Three Rivers Natural Resource Holdings III.
The Three Rivers IV team will continue to be led
Jobs in ETFs, the world’s first ETF Career Platform and Specialised Recruitment Provider for the ETF Industry, has completed a major funding round from veteran investors Cheah Cheng Hye and Jay Pelosky.
The founder, Claud Mitrache, has retained majority interest in Jobs in ETFs and is working to build up its team and online platform to keep up with strong hiring demand from the ETF industry. This is the first outside fundraising by Jobs in ETFs, which commenced operations in 2017 with just founder’s money.
As the Global ETF market continues to accumulate assets at 20 per cent
Haven Cyber Technologies (Haven) has acquired Onevinn, a Swedish provider of Microsoft cloud security services and solutions.
The acquisition reflects Haven’s continued focus on strengthening its solutions, products and consulting competencies and becoming the leading European Managed Security Service Provider (MSSP). Onevinn offers security solutions for the cloud and the mobile connected world.
The specialist venture capital firm C5 Capital leads Haven based out of Luxemburg. Haven is one of the fastest growing Managed Security Service Providers (MSSP) in Europe. The acquisition of Onevinn and in particular its work with Cloud Security Services in Microsoft Azure will amplify the
Earth Capital has successfully exited the UK Energy Efficiency Investments Fund (UKEEI) through the sale of the Fund’s assets via a GBP100 million IPO.
Earth Capital’s Nobel Sustainability Fund was invested in UKEEI alongside the Green Investment Bank, Earth Capital investee SDCL EEco (SDCL), the European Investment Bank and other institutional LPs. Earth Capital’s impact investing focus includes Energy Efficiency as a key sector, and is strongly aligned with SDCL’s investment strategy.
Gordon Power and Jim Totty worked with the SDCL team on transaction and investment management and sat on the investment committee of the Fund, with Gordon as
SYZ Capital has taken a controlling stake in SINWA, a Singapore-based ships’ chandler supplying essential goods to ships and their crews.
Having been listed on the Singapore Stock Exchange as Sinwa Limited since 2003, this transaction will see SINWA become a private company again.
The news follows several turbulent years for the wider shipping industry that SINWA has weathered very well. In FY2017, revenue grew 13.4 per cent year-on-year to a record SGD 172.6 million (USD 128 million) and the company reached a net profit of SGD 9.5 million (USD 7 million). Further revenue growth of 2.5 per cent
Ropes & Gray has advised private equity firm TSG Consumer Partners on its eighth fund, TSG8, which held a final closing on 4 February with USD4 billion of limited partner capital commitments. As with its prior fund, TSG8 was substantially oversubscribed.
The fund will primarily focus on high-growth consumer companies through equity investments between USD200 million and USD800 million.
The Ropes & Gray team was led by asset management partner Debra Lussier and private equity transactions partner Paul Van Houten, and included tax partner James Brown, asset management associates Lindsay Rutishauser, Zakk Wedemeyer, Robert Rossi and Kenneth Kaufman, tax
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
