Latest News
PNC Bank has closed a USD37 million senior secured credit facility for Derby Fabricating Solutions, a portfolio company of Prophet Equity Management.
PNC Capital Markets led the syndication as sole lead arranger, with PNC Bank serving as administrative agent. Steel City Capital Funding, a division of PNC Bank, provided a portion of the financing.
Based in Louisville, Kentucky, Derby Fabricating Solutions is a converter and fabricator of foam and other non-metallic sealing, noise vibration and harshness abatement components primarily servicing North American automotive suppliers.
Derby will use the funds, in part, for its acquisition by Prophet, and to
Life sciences venture capital fund Pappas Capital’s new fund Pappas Ventures V has invested in OrphoMed, a clinical stage company that is developing therapies for treatment of inadequately-controlled gastrointestinal disorders.
The investment in OrphoMed is the first investment by the new Pappas Ventures fund.
The USD39 million Series A funding round was led by New Enterprise Associates and also included Takeda Ventures, Relativity Healthcare Partners and the Mario Family Fund.
OrphoMed’s lead programme is aimed at treating irritable bowel syndrome with diarrhoea (IBS-D), a disorder that affects the intestinal tract and causes cramping, abdominal pain, bloating, gas
DC Capital Partners Management has held the final close of its first institutionally-backed private equity fund, DC Capital Partners Fund II, at its hard cap of USD450 million.
The fund was established to make control, private equity only investments in middle market, US based, government services and engineering & construction services businesses.
The fund targets equity investments of USD25 million to USD75 million in aggregate per platform and has significant equity co-investment capacity from the general partner and the limited partners to pursue larger investments.
The principals of DC Capital have been investing primarily in the target
Clearwater International has advised the shareholders of Buchbinder on the sale of the company to Europcar Group.
Founded over 60 years ago, Buchbinder is a well-established company in Germany, with an extensive network of 152 stations of which 18 airport stations and an average fleet in excess of 20,000 vehicles. It is the fifth largest car rental company in the market with a solid positioning as a low cost car rental operator, as well as a leading position in the vans and trucks segment.
Buchbinder is also a market leader in Austria and is present in Hungary and
The Europe-focused infrastructure market is developing at a rapid rate, with both fundraising and deal making hitting record levels in recent years, according to analysis released by Preqin.
A total of 34 Europe-focused unlisted infrastructure funds closed in 2016, raising a record USD25 billion. This accounts for nearly half (45 per cent) of all the funds closed globally through the year, the highest proportion recorded in the past six years.
At the same time, the aggregate value of infrastructure deals in Europe surpassed USD100 billion for a second consecutive year in 2016, with a record 772 transactions completed.
By Bob Shaw (pictured) – As cyber threats continue to mature and firms become increasingly dependent on third-party service providers and Internet applications to support operations, they not only begin to benefit from greater efficiencies and advanced technologies, but also open themselves up to more security vulnerabilities. Investment firms need to evaluate all risks that pose potential threats to their firm and leverage the safeguards necessary to protect themselves, clients, partners and their assets.
“Cybersecurity threats vary in scale, motive and target, and it may not be realistic for your firm to employ every cybersecurity technology available in the cyber space.
SoftBank Group has selected Jersey for the structuring of its new Vision Fund, working alongside law firm Carey Olsen and fund and corporate services provider the Aztec Group.
The SoftBank Vision Fund has now raised over USD93 billion in committed capital, making it the world’s largest ever investment fund. This record-breaking level of commitment has been raised from some of the world’s largest sovereign wealth funds and biggest and most recognised technology companies.
The fund has drawn widespread public interest since it was announced in October 2016, due to the significant fundraising target, high profile investors and, in
Chicago-based lower middle-market private equity firm Sheridan Capital Partners has made an investment in Dermatologists of Central States (DOCS), a dermatology practice management company.
DOCS, headquartered in Dayton, Ohio, serves dermatology clinics throughout Ohio.
With over 30 affiliated dermatologists across its partner practice, Dermatologists of Southwest Ohio (DSWO), the company has achieved significant scale in its core markets, while maintaining a reputation for providing excellent care to patients for over 40 years.
“DOCS is a uniquely scaled asset in an attractive geography, and the company has experienced robust growth in recent years, largely due to the team’s
ArchOver, the peer-to-peer (P2P) business lending platform, has secured full authorisation from the Financial Conduct Authority (FCA) to operate as a P2P lending platform.
Since launching in September 2014, ArchOver has facilitated over GBP35 million of investment over its platform, operating under interim permissions granted by the FCA.
Full authorisation will support ArchOver in attracting new lenders to the platform and allow it to continue working with businesses to make access to funding as easy and simple as possible.
“There is great satisfaction in gaining a stamp of approval. Our industry leading policies and procedures will allow
Conquest Asset Management has reached a final agreement with SolairDirect, a subsidiary of Engie, to acquire a portfolio of six solar photovoltaic parks in France.
The real assets portfolio, located in the South of France, represents a total of 35MW power capacity.
The assets are supported by up to 20-year power purchase agreements with French incumbent utility EDF, and they benefit from long-term partnerships in operations and maintenance with the Engie Group.
“This transaction is the result of the relentless work and expertise developed at Conquest in the infrastructure space and renewable power real assets over the
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
