Latest News
The Novo 2 Fund, which is managed by Tikehau IM, has finalised its participation in a Euro PP private placement for the Laboratoire Français du Fractionnement et des Biotechnologies (LFB). The Fund invested EUR25 million in this EUR124 million unlisted bond issue maturing in 2023.
LFB, a public-sector corporation, was established in 1994 and is now wholly owned by the French state. It develops, manufactures and sells biomedicines to treat serious and often rare diseases in the fields of immunology, hemostasis, prenatal disorders and intensive care.
As the French leader and number six player worldwide in plasma-derived medicines, LFB
High Road Capital Partners has sold portfolio company Panos brands, marking the fifth exit for the firm’s debut fund, High Road Capital Partners Fund I.
Rochelle Park, New Jersey-based PANOS is a leading manufacturer and marketer of natural and specialty food products whose portfolio of brands includes KA-ME Asian foods, Andrew & Everett hormone-free cheeses, MI-DEL gluten-free and peanut-free cookies and pie crusts, Sesmark rice- and wheat-based crackers, Amore cooking pastes and filled pastas, and Chatfield’s allergen-friendly baking products. The company was acquired by Hammond, Kennedy, Whitney & Company, Inc. Transaction terms have not been disclosed.
“We acquired
Chinese venture capital firm Qiming Venture Partners (Qiming) has held the closing of Fund V, its fifth US Dollar venture capital fund with USD648 million in commitments.
This fund continues Qiming's strategy of funding innovations through outstanding Chinese entrepreneurs in the Information Technology, Internet and Consumer (Intersumer), Healthcare, and Cleantech sectors. Qiming's assets under management now is USD2.5 billion after its debut in 2006.
Qiming's portfolio includes over 160 investments distributed among its targeted sectors. Qiming Venture Partners invests in early-stage and expansion-stage deals, with over 50% of its investments in early stage companies.
Qiming takes great pride
Noerr has advised the French Pernod Ricard Group on the agreement of a strategic partnership with Black Forest Distillers.
The second largest spirits and wines group worldwide has taken over a strategic majority in the Black Forest company and will, in future, cooperate with the manufacturer of the well-known Monkey 47 Schwarzwald Dry Gin, a valued worldwide premium brand.
A Noerr team led by corporate lawyer Christoph Spiering advised Pernod Ricard on the agreement of the partnership. The case covered both the legal and tax aspects of the transaction. Since the takeover of Seagram by Pernod Ricard and Diageo,
The Institutional Limited Partners Association (ILPA) has launched the Fee Reporting Template, which builds upon ILPA’s reporting guidelines first issued in 2011 and is the first deliverable of the ILPA’s Fee Transparency Initiative launched in May 2015.
The Template marks the industry’s first attempt to unify and codify the presentation of fees, expenses and carried interest information by fund managers to Limited Partners (LPs).
Consultation on the Template has been ongoing since September 2015 and ILPA is pleased to announce broad- based support and input from more than 120 individuals and organisations, including nearly 50 global LP groups, and
Idinvest Partners is making an investment in Secret Escapes, the exclusive members only travel club.
Following the USD60 million Series C fundraising closed by the company during the summer of 2015, Idinvest Partners has decided to join some of the most successful international venture firms (including Google Ventures, Octopus Ventures, Index Ventures,) by taking a minority stake in the company. As a result, Guillaume Durao, Investment Director at Idinvest Partners will be joining Secret Escapes’ board of directors as an observer.
Secret Escapes joins Onfido on the list of successful London-based startups recently backed by Idinvest Partners. Historically associated to
Golding Capital Partners (GCP) has closed 2015 with another record by raising almost EUR850 million new capital for GCP investment programmes, outstripping the previous record set in 2014 by almost 10 per cent.
The successful fundraising is further testimony to GCP's leading position in the European market for private equity, private debt and infrastructure investment programmes. Strong growth was also driven by new investors, with 35 per cent of the commitments in 2015 coming from first-time investors. GCP successfully expanded its private debt portfolio with commitments of EUR413 million for the fund Golding Private Debt SICAV VIII (SICAV VIII), enabling
A stronger euro helped boost second quarter 2015 returns as measured in US dollars in private equity and venture capital funds investing primarily outside the US. Funds focusing on ex US developed markets outperformed those targeting emerging markets – a result that was the reverse of the outcome for public market equities, according to Cambridge Associates.
The Cambridge Associates LLC Global ex US Developed Markets Private Equity and Venture Capital Index returned 7.6 per cent for the quarter ending 30 June, 2015, as measured in US dollars. Its public market counterpart, the MSCI EAFE, rose just 0.6 per cent over
Atlanta-based venture capital firm BIP Capital has launched a franchise development division, the BIP Franchise Accelerator, to help emerging brands accelerate their growth.
Currently, the BIP Franchise Accelerator's portfolio includes fast casual concepts Tropical Smoothie Café and Tin Drum Asian Kitchen, and the company is seeking to invest in brands with high growth potential across all franchise segments.
"We created the BIP Franchise Accelerator to leverage our team's deep franchise experience. Unlike other venture capital firms, we not only provide investment capital, but also work closely with franchisors to define a detailed plan to ignite franchise development, open more
Antares Capital has appointed Melina Higgins as independent board chairman, and elected two new independent board members, Mark Furlong and Diane Nordin, to the Antares Midco, board of directors.
“Our new board members understand the middle market, possess a wealth of knowledge around private equity, asset management and debt markets, and have extensive board experience. We look forward to their insights and contributions,” says David Brackett, managing partner and co-CEO of Antares Capital.
Higgins has over two decades of experience in finance, investments and corporate governance. She spent nearly 20 years with Goldman Sachs, retiring in 2010 as a
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
