Latest News
Legal & General announces that it has provided circa GBP120 million of debt in support of the Equitix, HICL and Infrared consortium’s purchase of High Speed 1 (HS1), the high-speed railway connecting London to the Channel Tunnel.
The deal was financed by LGIM Real Assets, on behalf of clients including Legal & General Retirement (LGR), and represents its second investment in UK rail related infrastructure this year after it helped to finance a fleet of new Bombardier trains for the First MTR South Western Trains franchise in June.
The 68 mile line runs from the capital to Kent connecting
Maven Capital Partners has completed a GBP1 million investment in hedgehog lab Limited, a mobile app designer and technology consultancy headquartered in Newcastle.
The funding will support hedgehog lab’s next phase of growth and allow the company to further invest in its sales and marketing function, boost its delivery capabilities and broaden its presence overseas, while also creating additional jobs. hedgehog lab currently has a sales presence in the UK, US, Denmark and India and delivery teams in the UK and India.
hedgehog lab operates in a large and fast growing market which is being driven by an increasing
Funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities have completed the previously announced acquisition of International Market Centers (IMC), an owner and operator of premier showroom space for the furnishings, home decor and gift industries, from Bain Capital Private Equity, and funds managed by Oaktree Capital Management.
Fireside Investments also partnered with Blackstone on the acquisition.
IMC is the world’s largest owner and operator of premier showroom space for the furnishings, home decor and gift industries, with 12.2 million square feet of world-class exhibition space in High Point, NC and Las Vegas, NV catering to over 2,000
Specialist investment advisory firm Gravis Capital Management has hired ex-Fidelity director Charles Payne as an investment consultant.
Payne left Fidelity in 2015 after 14 successful years to become an independent investment consultant. He regularly lectures at London Business School, the Imperial College Business School and elsewhere on equity research, stock analysis, financial marketing and business ethics and will provide Gravis with support on portfolio management and construction.
Whilst at Fidelity Payne held a number of senior roles including Product Director with responsibility for European Equities, Director of Research and Executive Director managing the Equity Investment Operations, managing 120 staff,
Since 2013, emerging infrastructure fund managers – those which are raising their first or second unlisted infrastructure vehicle – have found the infrastructure fundraising market increasingly challenging, according to a report by Preeqin.
Funds closed by emerging managers have represented an increasingly shrinking proportion of total industry fundraising in 2016-2017 YTD compared to previous years, despite overall capital raised increasing in that period. At the same time, the disparity between the average size of funds raised by emerging and established managers has increased from USD391 million in 2011 to USD985 million in 2016, and currently the difference in average fund
Tikehau Capital has arranged a USD130 million dual currency unitranche facility to support Sun Capital Partners’ acquisition of C&K Holdings, a manufacturer of electromechanical switches.
C&K was founded in 1928 and has one of the industry’s broadest product portfolios, offering more than 55,000 standard products and 8.5 million switch combinations to companies that design, manufacture and distribute electronics products. In addition, C&K’s unmatched custom design capabilities are recognised globally by engineers who demand reliable switch performance.
C&K is headquartered in Newton, Massachusetts, with more than 1,500 employees working at its global design centre in Newton; Dole, France; and Huizhou, China. C&K
Siparex has raised EUR315 million in capital commitments for Siparex ETI 4, the firm’s fourth-generation fund, which will focus on helping mid-market firms expand.
The new fund is significantly larger than the previous-generation fund, Siparex Midmarket 3, and has greatly increased Siparex’s investment capability in the midmarket segment.
With the goal of financing independent midmarket growth companies with sales of EUR100 million to 500 million, Siparex ETI 4 is positioned to make unit investments of up to EUR30 million in a relatively small portfolio of some 15 investee companies.
By doubling their commitments to the new fund (on average), historic
Marwyn Value Investors has reported a 4.94 per cent increase in Net Asset Valaue (NAV) per ordinary share for the six months ended 30 June 2017, representing a 6.87 per cent total return including distributions to shareholders, compared with an increase in value of the FTSE AllShare of 5.50 per cent over the same period.
The NAV per realisation share over the period increased by 8.84 per cent. The increases in NAV per ordinary share and per realisation share over the period are primarily attributable to an increase in the share prices of Zegona Communications plc (Zegona) and BCA Marketplace
Later stage VC and growth capital firm IVP has closed IVP XVI, a USD1.5 billion fund. This is the largest fund in the firm’s 37-year history and brings cumulative committed capital to USD7 billion.
IVP XVI was significantly oversubscribed, with the firm’s existing Limited Partners contributing the vast majority of the capital.
As an investor in innovative companies such as AppDynamics, Domo, Dropbox, The Honest Company, Slack, Snap, Supercell, Twitter, and ZipRecruiter, IVP remains committed to its focused strategy of supporting innovation at the growth stage and partnering closely with exceptional management teams throughout the United States. Since its
By George Ralph, RFA – The alternative investment sector at large is well aware of the imminent GDPR and MiFID ii regulations which are coming into effect next year, and about how firms will require some fairly serious system refreshes if they are to comply properly. However, there is one specific element which is common across both pieces of regulation that could cause some serious headaches; Data retention.
It is going to be absolutely crucial for firms to have clearly defined and effective data retention policies and procedures in place, as MiFID ii stipulates that firms must record and retain
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
