Latest News
Funds advised by Apax Partners have acquired Authority Brands, a North American franchisor of home services, from PNC Riverarch Capital.
The financial terms of the transaction have not been disclosed.
Founded in 1996 and headquartered in Columbia, Maryland, Authority Brands is the parent company of two home services franchisors: The Cleaning Authority, which provides residential cleaning services to over 100,000 customers across the US, and Homewatch CareGivers, which delivers at-home services including elderly, disabled and after-surgery care, as well as help for those living with dementia. Authority Brands operates over 300 franchises in the US, Canada and Latin America,
Investec Aviation Finance has launched its fourth aircraft leasing fund to acquire some of the latest generation Airbus and Boeing narrow and widebody aircraft, on lease to a range of international airlines.
The team has a 10-plus-year track record in the space having successfully exited their previous three equity leasing funds.
The new fund is targeting up to 50 aircraft acquisitions and has an expected lifecycle of seven years. The fund is open to institutions looking to gain exposure to aircraft leasing alongside an experienced manager and partner. The launch of this new fund, Investec Aircraft Syndicate, responds to
Schroders has diversified its Solutions business with the appointment of a dedicated private assets investment specialist.
Ped Phrompechrut has joined as a Solutions Manager, a new role, based in London. He will report into Neil Walton, Head of Investment Solutions.
Ped will work with clients globally to provide investment strategy and portfolio construction advice, with a particular focus on delivering private market solutions. He was previously a Director at Willis Towers Watson where he was Head of Private Market Solutions. In this role, Ped oversaw the full private asset class spectrum, including private equity, real estate, infrastructure and
Yukon Partners (Yukon) has appointed Elliot Lynch as a Vice President in its investment team.
Lynch’s responsibilities will include working with the Yukon team on overall investment activities. He will provide leadership in the areas of evaluation, due diligence, and portfolio investment monitoring.
William Dietz, Managing Partner at Yukon says: “Elliot brings a wealth of investment experience that will further our core strategy at Yukon. We are excited to have Elliot as a member of the Yukon team and confident he will provide the high level of stewardship that our industry relationships expect from Yukon.”
Prior to joining
Hedge fund stalwart, Lord Stanley Fink, has made a GBP3 million investment in UK-based turnkey homes specialist, Project Etopia.
Project Etopia creates turn-key properties that combine passive design, affordability, renewable energy generation, intelligent heating and cooling systems and smart home technology.
The cash injection from former Conservative Party Treasurer Lord Fink – currently Chairman of investment manager ISAM Europe – will help the company scale up its operations and market share over the next two years. It comes as councils increasingly turn to turnkey building to rapidly boost stock levels of quality homes at drastically lower cost than traditional
Octopus Investments, part of Octopus Group, has announced a GBP10 million over allotment facility for its current AIM VCTs fundraise.
Octopus has rapidly reached the initial GBP20 million target within just seven weeks and is now offering a further GBP10 million of fundraising capacity to meet investor demand.
The VCTs have existing portfolios of around 75 companies which have been built over a number of years and aim to provide investors with long-term growth as well as income through their established dividend policies. They offer investors access to a wide range of AIM listed growth companies across a diverse
L1 Treasury and Airborne Capital have launched AltitudeOne Aviation with plans to acquire a portfolio of leased in-production narrow body and wide body commercial aircraft.
L1 Treasury and Airborne Capital have committed equity capital of approximately USD250 million to AltitudeOne Aviation, which will be supplemented with bank financing. Airborne Capital will be the asset manager and lease servicer for AltitudeOne Aviation.
L1 Treasury manages the liquidity and financial investments of LetterOne, an international investment business with net assets in excess of USD25 billion. L1 Treasury combines a portfolio of liquid fixed income securities with investments in the financial markets,
Inverleith, a Scottish headquartered private equity firm, has held the final close of its first institutional fund Inverleith Limited Partnership, at its hard cap of EUR60 million.
Inverleith was founded by former Chairman and Chief Executive of Noble Group, Ben Thomson and former President and Managing Director of The Glenmorangie Company and Partner and Head of UK for L Capital, Paul Skipworth. Inverleith focusses on investing in businesses operating in the high growth consumer-brand sectors of wellbeing, lifestyle and heritage.
The fund targets strategic minority or majority stakes in companies headquartered in the UK (and opportunistically in Northern Europe),
Investcorp has appointed Sir Michael Fallon, a British Member of Parliament and former Secretary of State for Defence, to the firm’s International Advisory Board.
Fallon has served as a British Member of Parliament for more than three decades. He has held a number of senior governmental leadership roles, most notably serving as Secretary of State for Defence from 2014-2017. In this role he had overall responsibility for the British armed forces and managed a GBP35 billion annual budget. Sir Michael has also served as Schools Minister under both Margaret Thatcher and John Major, and Business and Energy Minister under David
NorthEdge Capital has teamed up with artificial intelligence (AI) firm, Peak, to develop a first-of-its-kind platform set to facilitate deal origination in the private equity sector through the power of AI.
Having identified a gap in the market for a more automated process to sourcing off market investments, NorthEdge approached Peak to find a solution.
Using Peak’s AI System with machine learning and deep learning technologies – both of which are forms of AI – the partnership will see NorthEdge quickly and efficiently identify new investment opportunities.
This partnership and future-focused approach will be driven by the data
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
