Managers
FreeOx Biotech, a spin-out of Hospital Clinic Barcelona-IDIBAPS which is developing a new class of neuroprotective drugs, has closed its first round of funding with EUR500,000 from private investors Montserrat Esteve and Francisco Javier Alsina.
The biotechnology firm has two highly promising molecules in its pipeline to treat stroke and other diseases of the central nervous system (CNS) – Ox-01 and Ox-02.
With this funding, the company will carry out formulation and preclinical trials with in vivo testing on Ox-02 in order to determine safe dosage for the first testing in humans and assess the safety profile.
“It
F2i has held the final close of its third fund with EUR3.6 billion in capital commitments, EUR600 million higher than the target set in December 2017 at the time of the launch of the Fund.
This excellent result, and the short amount of time needed to complete the fund raise, was made possible by existing investors (F2i’s First and Second Funds had raised EUR1.8 billion and EUR1.25 billion, respectively), as well as a significant contribution from new investors. Subscribers to F2i’s Third Fund include pension funds, sovereign funds, bank foundations, insurance companies and asset managers, with Italian and international investors
MEIF Maven Debt Finance, managed by Maven Capital Partners (Maven), has agreed a six-figure loan funding solution to Tienda Limited (TL), a ‘turnkey’ interior service provider.
The capital will be used to finance a new contract, which runs over five years, to refit up to 700 outlets including a Building society, Banks, coffee shops and convenience stores. Six jobs will be created in the region as a result.
Tienda operates as both a main contractor and as a preferred contractor for a number of large main contractors, providing fit-out and construction services to the Commercial, Hospitality, office and residential
The Calumet Wex Group, an omni-channel retail chain for photographic products and services in Europe and a subsidiary of Aurelius Equity Opportunities SE & Co, is to acquire a majority interest in Foto-Video Sauter from its managing partner Bernd Sauter.
Foto-Video Sauter generates annual revenues of around EUR22 million, operates Germany’s biggest photography shop in Munich, and also has an online shop and retail space in Rosenheim. The transaction is expected to close by the end of 2018.
Also after the acquisition, Foto-Video Sauter will continue to operate under its strong brand name as an institution devoted to photography
Private equity firm IK Investment Partners’ (IK) IK VIII Fund has acquired a majority stake in Infradata Group (Infradata) from Waterland Private Equity Fund V (Waterland).
Infradata is a provider of cybersecurity and secure networking solutions across Europe. Financial terms of the transaction have not been disclosed.
Infradata was founded in the Netherlands in 2004, where it continues to be headquartered. The company has an additional presence in Germany, UK, France (Nomios), Belgium, Poland and the US, with ambitious expansion plans. The company provides cybersecurity and secure networking solutions, from design and delivery to aftermarket support and managed services.
Ironwood Capital has exited its investment in SAFE Security (SAFE). Ironwood served as lead investor in a subordinated debt investment made in October 2016.
Founded in 1988 and headquartered in San Ramon, California, SAFE is one of the largest providers of security alarm systems in the United States.
SAFE provides alarm monitoring and related services to over 100,000 customers in all 50 states, Puerto Rico and Canada.
Wynnchurch Capital has completed the acquisition of Midland Metal Mfg (Midland) and will combine the business with Anderson Metals (Anderson).
Midland is a distributor of fittings, valves, clamps and related products/accessories to a variety of industrial end-markets. Vince Hodes, the CEO of Midland, is investing alongside Wynnchurch and will become CEO of the combined company.
“We are excited to partner with Vince and his team to build on Midland’s legacy as a market leader. We share the same set of values Vince has instilled in the company’s culture and look forward to supporting the company’s growth plans,” says Greg
Pamlico Capital (Pamlico) has invested in TRG Screen, a provider of enterprise subscription management software.
Terms of the transaction have not been disclosed.
With Pamlico’s backing, TRG Screen will accelerate its investment in its unique portfolio of spend and usage capabilities, adding new solutions that bring breadth and depth to the subscription lifecycle, and continuing expansion into new expense categories and client segments.
TRG is partnering with Pamlico at an exciting time. Following several years of very strong growth, plus the acquisition of Priory Solutions in 2016 and Screen Group earlier this year, the Company has built a
By Arne Bolch, GSK Luxembourg – The 2016 Paris agreement on climate change as well as the United Nations 2030 Agenda for Sustainable Development and its Sustainable Development Goals may until recently not have been high on the agenda of asset management professionals. This may be about to change.
In the spirit of the agreement and the UN agenda, measures taken at European level have identified (or rather stated) a need for Europe’s financial system to (i) contribute to sustainable and inclusive [economic] growth as well as to (ii) strengthen financial stability by incorporating environmental, social and governance (ESG) factors
Impact investing has not always been the easiest ‘investment philosophy’ to benchmark, in terms of improving the health of the planet, and those who live on it, while also generating positive returns for investors. But one such fund, the New York-based Global Health Investment Fund (GHIF) is doing just that, financing the development of drugs, vaccines, diagnostics and other interventions to improve maternal and child healthcare in the developing world.
Dr Curt LaBelle (pictured) is Managing Partner at GHIF and has over 16 years’ investment experience in the healthcare space. He says that the fund’s impact is defined by “lives
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm