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Respira has closed an equity investment in the first quarter of 2021 by Capricorn Investment Group’s Sustainable Investors Fund. This investment aims to catalyse movement of institutional capital towards asset managers with high-quality approaches to sustainability. It will allow for the expansion of Respira’s portfolio-based approach to the carbon offset market.   Acting as an investment principal with secured, long-term contracts with diversified worldwide carbon offset projects, Respira offers businesses the architecture to “progressively achieve emissions reductions targets.” This approach provides institutional investors with both long-term pricing and productivity guarantees.    Robin Bowie, Co-Founder and Director of Respira, says: “We
Global law firm White & Case has advised Epidemic Sound on a USD450 million joint investment by EQT Growth and Blackstone Growth, which values Epidemic Sound at USD1.4 billion. Epidemic Sound is a global MusicTech company headquartered in Stockholm. The company has democratised access to music for storytellers by providing royalty free music and sound effects. Its innovative digital rights model paves the way for creators, from YouTubers to small businesses to the world’s largest brands, to use restriction-free music to elevate their content, whilst supporting the musicians it works with both financially and creatively. Epidemic Sound was founded in
Procuritas Capital Investors VI (Procuritas) has acquired Polarn O Pyret AB, a Swedish children’s clothing brand, for a SEK330 million (EUR33 million) on a cash and debt-free basis.  Polarn O Pyret, launched in 1976, is internationally recognised forfunctional design and engagement for sustainability. Polarn O Pyret is headed by Johan Munck, an experienced CEO and driver of change in retail and digital consumer businesses.  “We are excited about having Procuritas as our partner since they share our passion for long-term sustainability,” says Munck. “We have worked hard during the difficult past year to build on our many strengths and increase
Telestream, a portfolio company of Genstar Capital and a specialist in media workflow orchestration, media streaming and delivery technologies, has acquired Masstech, a creator of intelligent, hybrid cloud-based storage and asset lifecycle management solutions for the M&E industry.  The company’s 10th acquisition comes shortly after Telestream’s purchase of EcoDigital – another specialist in content management system technology.  Masstech combines the experience of many decades of broadcast and video content storage management with cloud and other vanguard technology development processes, to identify and address the challenges of the industry’s constantly evolving technical and business landscapes. Today, organisations representing every facet of
Clessidra Sgr has finalised the acquisition of a majority stake in Botter SpA, a Venetian company among the world’s leading exporters of Italian wine owned by the Botter family and IDeA Taste of Italy fund, managed by DeA Capital Alternative Funds. The Botter family will support Clessidra in this transaction by reinvesting in the company, continuing to play a key operational role, while ensuring management continuity. Italmobiliare and Capital Dynamics, investors in Clessidra Capital Partners 3 fund, will take part as co-investors in the deal. IDeA Taste of Italy has yielded its entire stake.   Founded by Carlo Botter in 1928
Allvue Systems (Allvue), an alternative investment technology solutions provider, has launched its enhanced Fund Performance & Portfolio Monitoring (FPPM) Solution to enable general partners (GPs) to visualise, aggregate and analyse private equity portfolio data in real-time. The enhancements made to Allvue’s FPPM solution will reduce the operational burden on GPs as well as increase business intelligence, empowering managers to act more efficiently and in real-time. The offering includes a single unified reporting system and interactive dashboards that are available to investors so they can quickly and easily access accurate, updated portfolio data, as well as extensive reporting capabilities to seamlessly
Cain International (Cain) has appointed Nick Franklin to the newly created role of Global Head of Private Equity.   Franklin joined Cain in September 2020 to oversee the operations and growth of the firm’s private equity portfolio in the US and brings with him nearly 30 years of experience in the experiential and leisure sector. Franklin previously spent 18 years working for The Walt Disney Company, where he held a wide range of senior leadership roles primarily in Disney’s Parks, Resorts and Experiences segment. He has also held senior roles at the Kelly Slater Wave Company and KB Home, one
Livingbridge has agreed the sale of their stake in TSA Management (TSA), an independent provider of client-side project management and advisory services across Australia and New Zealand, to Quadrant Private Equity. The investment was made from Livingbridge 6.   Founded in 2001 and headquartered in Sydney, TSA manages, consults and partners with forward-thinking government and private sector clients to bring impactful capital projects to life. They work across a range of infrastructure and social infrastructure sectors, including road, rail, healthcare, and education.   Livingbridge invested in TSA in 2017, having identified the potential to support the management team to consolidate
PAI Partners (PAI) has closed its inaugural PAI Mid-Market Fund (“PAI MMF”, or the “Fund”) with a total of circa EUR920 million of commitments. The Fund was raised entirely virtually and is above its EUR700 million target and original EUR800 million hard cap, which was increased following significant investor interest.  The Fund received strong support from PAI’s existing investor base in addition to new investors. The capital commitments were received from a total of 50 investors including a broad range of institutional investors, notably leading public and private pension funds, sovereign wealth funds, insurance companies and family offices across the
Learndirect has acquired Animal Courses Direct (ACD) and i-to-i (TATG Ltd), two specialist training providers operating in the Animal Welfare and Teaching English as a Foreign Language (TEFL) sectors respectively.   The acquisitions extend Learndirect’s existing portfolio in these sectors and provides a strong base for the group to continue to grow online education in these specialisms. Learndirect was the first platform investment from Queen’s Park Equity (QPE) Fund I.  ACD is the largest specialist Animal Welfare provider in the UK offering a wide range of Ofqual regulated animal courses that meet the Defra Animal Activity Licencing (ALL) Regulations. Through

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