Latest News
Värde Partners, a global alternative investment firm, has promoted Jon Fox to the role of President and Andy Lenk to the role of Deputy CEO, effective immediately. These appointments are the latest in a series of transition steps which previously included the appointment of Ilfryn Carstairs as Co-CEO and CIO and the promotions of Brad Bauer and Giuseppe Naglieri as Deputy CIOs.
“I’ve often said that transition is a process involving the entire firm and a number of leaders,” says George Hicks, Co-Founder and Co-CEO. “The appointments reflect the many contributions of Jon and Andy to the success and growth
Gian Kull has been appointed to the role of head of special situations and uncorrelated strategies at SYZ Capital, the SYZ Group’s centre of excellence for alternatives. Read the full story at Wealth Adviser…
The former UK Minister for Energy and Clean Growth, Claire O’Neill (formerly Claire Perry), has joined the board of Ikigai Capital Limited (Ikigai), a London-based strategic consultancy that makes Net Zero investable by helping clients reduce carbon emissions and improve profitability while future-proofing assets for a truly sustainable economy.Claire O’Neill joins Ms Leigh Hudson, Head of Sustainable Fuels at IAG/British Airways, as a Non-Executive Director of Ikigai to guide its co-founders Roberto Castiglioni and Helena Anderson in their mission to bridge the divide between investors, technology companies, large energy users and the public sector and thereby address ‘stranded asset’ risk
Private equity fund management company LitCapital has closed its second fund – LitCapital Opportunity Fund at EUR34 million. All investors of the predecessor fund have made commitments into the new fund, almost all of them have increased their commitments. In addition, LitCapital managed to attract key institutional Baltic pension fund investors. Solid fund size and willingness of Fund investors to co-invest provides LitCapital with opportunities to provide substantial growth capital investment to companies in the range of EUR 3-10 M per company. In addition, LitCapital Opportunity Fund geography has expanded into all Baltic countries, Nordics and Poland.
LitCapital so far
Allegro.eu (Allegro), a Polish global e-commerce platform and the leading and most recognised internet brand in Poland, completed its successful listing on the Warsaw Stock Exchange (WSE) with its shares trading under the symbol ALE.
Private equity fund Elaghmore has successfully closed an additional GBP30 million fund to add to its initial Elaghmore Fund 1.Elaghmore co-founders David Manning and Andy Ducker, first launched the fund in December 2016 with an initial raise of GBP60 million from institutions in the US and Europe. Elaghmore has now raised an additional GBP30 million from US institutions to create Elaghmore Fund 1A. The new fund will help Elaghmore capitalise on a growing number of new acquisition opportunities in line with its strategy.
Focused on acquiring small to mid-cap UK industrial companies across multiple sectors, Elaghmore’s investment strategy is
Prime Capital, an independent asset manager and financial services provider managing EUR17.7 billion across multiple funds, has closed its first investment from its newly launched Prime Green Energy Infrastructure Fund (PGEIF). Project Björnberget in central Sweden is one of the largest onshore wind projects to start construction in Europe this year and was developed by RES, the world’s largest independent renewable energy company focused on the development, construction and operation of renewable assets. Prime Capital optimised the project with cutting-edge technology from Siemens Gamesa Renewable Energy (SGRE) and brought in co-investor Enlight Renewable Energy (Enlight), a Tel-Aviv-listed independent power producer, with
Bpifrance and PROPARCO have announced the first closing of Averroès Africa, their fourth fund of funds for Africa. With a target size of EUR 100m, Averroès Africa will invest in African funds dedicated to start-ups and small and medium-sized enterprises in order to continue to support private sector development, employment and innovation on the continent. The Averroès mechanism was launched by Bpifrance and PROPARCO in 2003 to support the development of the private equity market, initially in North Africa, then across the continent with the launch of a first pan-African vehicle (Averroès Finance III) in 2015.
Building on the success
Edgify, a company building AI training frameworks, has secured a USD6.5m seed funding round backed by Octopus Ventures and Mangrove Capital Partners.Edgify’s technology enables any connected device – known as ‘edge devices’ – to interpret vast amounts of data generated at the edge, train a complete AI model locally, and proceed to share that learning across an entire network of similar devices, thereby training them all to identify unique aspects of a given object for use of computer vision, NLP, voice recognition and any other form of AI.
Edgify’s framework can train AI on a network of edge devices ranging
Ara Partners, a private equity firm specialising in industrial decarbonisation investments, has hired Katy Terrell as a Vice President, promoted John Baik to Senior Associate and hired Mary Kathryn Nommensen as an Associate.“We are pleased to welcome Katy and Mary Kathryn to the investment team,” says Tuan Tran, a Managing Director of Ara Partners. “Both are well respected in the private equity community and bring significant deal execution, capital markets, and portfolio management capabilities to the team.”
“We’re also very happy to promote John Baik,” adds Troy Thacker, a Managing Partner of Ara Partners. “John has played a key
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
