Latest News
Paul Hastings has advised Investindustrial on the launch of Investindustrial Fund VI (Fund VI), the largest ever fund focused primarily on Southern Europe.
The fund will pursue majority investments in quality European mid-market companies typically headquartered in Italy, Spain, Portugal or Switzerland with a strong internationalisation potential.
Fund VI is the first fund of EUR2 billion or more raised for the region and Investindustrial’s funds comprise three of the four funds ever raised in the region of EUR1 billion-plus size.
Funds partner Duncan Woollard led the Paul Hastings team, assisted by funds associate Adam Knight, with associate Nikki Johnstone assisting on the regulatory
Inflexion Private Equity has appointed Tom Green as Value Enhancement Director. He starts with immediate effect and will work alongside Jon Andrew to support strategic and operational value creation within Inflexion’s portfolio.
Green’s appointment strengthens Inflexion’s existing value creation team which includes international portfolio support offices in Brazil, India and China, and in-house digital expertise.
Green joins Inflexion from CPA Global, where he was Corporate Development Director of the Cinven-backed IP legal services business, focused on driving growth both organically and through the origination and execution of bolt-on acquisitions across North America and Europe. Tom started his career in
The Hilb Group (THG) has acquired Ocean Township, NJ-based PriMed Consulting. The transaction became effective 1 February, 2016.
PriMed Consulting has been providing physicians in New York and New Jersey with medical malpractice insurance for more than 18 years. As the second transaction in 2016 and ninth in the past 12 months, this acquisition will expand THG’s medical malpractice expertise and establish its first location in New Jersey.
"PriMed is a leader in medical malpractice services in New York and New Jersey,” says Bob Hilb, CEO of The Hilb Group. “Their specialty focus goes a long way toward strengthening
CVC Capital Partners (CVC) has held the the final closing of CVC Growth Partners, a new fund dedicated to investing in high-growth, middle-market companies in the software and technology-enabled business services sectors.
CVC Growth Partners exceeded its USD750 million fund target and, including a sidecar co-investment vehicle, secured total commitments of USD1 billion.
CVC Growth Partners has already made two investments: Wireless Logic, Europe's leading M2M connectivity and managed services provider that works with over 950 application providers, system integrators and enterprises, in February 2015; and Kount, a Boise, Idaho-based e-commerce and mobile fraud detection service provider used by
Battery Ventures has closed two new funds at their respective target levels: Battery Ventures XI, a USD650 million vehicle, and Battery Ventures XI Side Fund, a USD300 million fund intended to support larger investments.
Battery raised predecessor fund family Battery X and Battery X Side Fund, totalling USD900 million, in February 2013.
As with its predecessor funds, Battery will continue to target investments at stages ranging from seed to private equity, deploying capital in increments of a few hundred thousand dollars up to deals worth USD100 million for large growth and private-equity opportunities. In 2015, Battery opened a new
In response to increased demand for outsourced alternative asset administration, Northern Trust has enhanced its private equity support with the launch of its capital call execution service.
The service allows clients to gain operational efficiencies by outsourcing the processing of capital calls. Capital calls are periodically issued by general partners to their clients and require investors, upon demand, to transfer a previously agreed upon amount to fund strategic investments.
Intended for portfolios with more than 20 private equity investments, clients notify Northern Trust of the initial capital call via the automated Trade Order Entry system. Northern Trust then handles
This year’s annual VCT Manager poll by the Association of Investment Companies (AIC) finds the majority of VCT managers optimistic about current investment opportunities.
Almost half of respondents said that they are currently finding a similar number of investment opportunities to last year, before the rule changes; around a fifth said there were more opportunities than last year, although a third said there were fewer investment opportunities compared to last year. The AIC received responses from VCT managers representing 73 per cent of the VCT sector by assets.
This is not to say managers are complacent about the rule
Law firm Howard Kennedy and its regulated London Stock Exchange sponsor, Howard Kennedy Corporate Services, have advised Hazel Capital on the launch of two VCT funds with an exclusive focus on renewable energy.
The Hazel Renewable Energy VCT 1 and Hazel Renewable Energy VCT 2 prospectuses were launched on 18 February.
Sine 2010, Hazel Renewable Energy VCT funds have invested in large renewable energy projects, including solar and wind, that typically are not reliant on government subsidies. The VCT funds are now looking to invest in companies at the forefront of battery storage technology.
The Howard Kennedy team was led
Hall Capital, a family-owned private investment company based in Oklahoma City, has added T Clark Akers as a member of the boards overseeing Hall Capital’s private equity and automotive ventures.
Akers will act as an advisor to Hall Capital Partners, the private equity affiliate of Hall Capital that has USD250 million in capital under management. Akers will also join the oversight of Hall Capital’s automotive affiliate, The Fred Jones Companies, a pioneer in the automotive industry. Akers joins other notable Nashville figures in Hall Capital’s board structure, including real estate veteran Patrick Emery and healthcare entrepreneur William “Billy” Webb.
Electranova Capital US, the energy cleantech venture capital fund, managed by Idinvest Partners and sponsored by EDF, has invested in Off Grid Electric (OGE), a leading solar leasing company in Africa.
The funds will be used to enter new African markets and to continue to scale up OGE’s effort, in partnership with the Tanzanian government, to power 1 million homes by 2017.
In most regions where Off Grid Electric operates, it is not cost-effective for utilities companies to serve customers and many customers who have been disconnected cannot often afford the high fees for reconnection. Off Grid Electric’s systems
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm