Sustained buoyant private equity activity continued to drive growth in Jersey’s investment funds sector as the total value of fund assets administered in the jurisdiction grew by GBP26.3 billion to stand at a new record level of GBP436.3 billion at the mid-year point, according to new industry data.
Leading healthcare investors Avista Capital Partners (Avista Capital) and Nordic Capital are to o sell Acino, a Swiss pharmaceutical company headquartered in Zurich, to ADQ, one of the region's largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi's diversified economy.
Unigestion has led in the buyout of Home Instead Holding (Home Instead), a provider of home care services across Europe.
Tyk, a London-based global tech company, has closed a USD35M growth equity funding round led by new investors Scottish Equity Partners (SEP), alongside existing investors MMC Ventures.
MyTutor, a UK-based trusted tutoring platform and a provider of in-school tuition in last year’s Government-backed National Tuition Programme, has raised GBP15 million in a funding round led by SEEK Investments, with support from existing investors including Mobeus Equity Partners.
AIM-listed Falanx Group (AIM:FLX), a global intelligence, security and cyber defence provider, has secured a substantial investment that will enable the Reading-based firm to strengthen its core cyber division, in addition to supporting its plans for organic growth. An initial GBP1 million growth loan from the alternative lender BOOST&Co is expected to rise to GBP2.5 million.
Benefit Street Partners (BSP), a credit-focused alternative asset management firm and a wholly owned subsidiary of Franklin Resources, and Malk Partners (Malk), an adviser to private markets on ESG and impact investing, have published a co-authored white paper detailing environmental, social, and corporate governance (ESG) integration and considerations in the private credit investment process.
TPG Real Estate Partners (TREP), the dedicated real estate equity investment platform of alternative asset firm TPG, has signed an agreement to acquire a significant stake in Studio Babelsberg.
THG Ingenuity, the technology division of THG, has invested GBP1.4 million to acquire a minority stake in Civo, cloud native service provider.
Sophie’s Kitchen, a specialist in the plant-based food industry, has secured a USD5.6 million investment in a funding round led by Billy Goat Brands, a publicly-listed venture capital platform with a focus on the blue economy.