Latest News
CapitalSouth SBIC Fund IV recently invested USD5.8 million in Stadium Consolidation (Staging Concepts) in a combination of subordinated debt and preferred equity.
Headquartered in Minneapolis, Minnesota, Staging Concepts is a manufacturer of staging and seating risers, acoustical products, and railing products for sports stadiums, performing arts facilities, and live event venues. The Company also manufactures modular and custom stainless steel railings systems and fabricates aluminium rails for commercial high-rise construction projects.
CapitalSouth Growth Fund’s investment will help the Company’s next phase of growth.
Fund performance and industry dry powder is analysed in this extract from the Preqin Quarterly Update: Private Debt, Q3 2015.
Fig 1 displays the median proportions of committed capital called up by the end of the first and second investment years, among all private debt funds for vintage years 2006-2014. It shows that post-2008, the median proportion of capital called up during the first two years of investment is lower than before the financial crisis. This could be explained by recent fundraising success pushing up dry powder levels at a faster rate than available deals in a competitive marketplace.
Preqin’s Real Estate Online currently tracks 62 South Korea-based institutions that are actively investing in the real estate asset class, collectively representing USD2.5 trillion in total assets.
A large proportion of South Korea-based real estate investors are insurance companies (31 per cent) and banks or investment banks (27 per cent), with public pension funds (18 per cent) and asset managers (10 per cent) also making up notable proportions of the investor pool. With 85 per cent of the real estate investor population comprising these traditionally large institutions, it is unsurprising that nearly half hold more than USD15 billion in assets
Investors in AppBox Media, a UK based developer of mobile applications and video games, will have received Enterprise Investment Scheme (EIS) rebates of almost GBP1million. To date, GBP720,000 of EIS claims have been made, with a further 200,000 to be submitted before Christmas.
AppBox Media launched as a qualified EIS in July 2013.
The company launched its 5th round of fundraising on 14 September 2015 priced at GBP8.12 per Ordinary A Share of GBP1.00 each. The intention was to raise approximately GBP975,000 from institutional and private investors on the basis of a current Information Memorandum. As of today the company
AMG Funds and Pantheon, have finalised the 1933 Act registration of the AMG Pantheon Fund making it more widely available to accredited investors seeking access to a diversified, institutional-calibre portfolio of private equity through a single investment.
The Fund is a multi-manager vehicle that seeks diversification across all key private equity categories – manager, stage, vintage, industry and geography – by targeting opportunities across the private equity universe. Compared with traditional private equity offerings, the Fund features a low minimum investment of USD25,000 and simple 1099 tax reporting.
“With consistently superior long-term returns relative to public market assets, private equity
KKR & Co is purchasing approximately 343,000 square feet, the top ten office floors, at 30 Hudson Yards and will relocate its corporate offices to the new office tower in 2020. 30 Hudson Yards is being developed by Related Companies and Oxford Properties Group.
Henry Kravis, Co-Founder and Co-CEO of KKR, says: “This is a unique opportunity to partner with world-class developers to create a new office to house KKR’s New York team and host our clients. This move will allow our teams to work together in a dynamic setting that promotes innovation and forward thinking. Related and Oxford are
SignalSense a developer of advanced network security intelligence has closed a seed funding round of USD4.5 million.
Trilogy Equity Partners (www.trilogyequity.com) led this funding round, continuing its support after SignalSense’s angel funding, which also included Ignition Partners (www.ignitionpartners.com) and Tola Capital (www.tolacapital.com).
The latest capital infusion will be used by SignalSense to accelerate technology development, expand the company’s sales presence on the East Coast and hire additional data science, security and software engineers to complement the experienced and capable team that is already in place.
"We’re finding anomalies that can’t be stopped with standard pattern matching,” says Lynn Kasel, SignalSense’s
Monroe Capital is expanding its presence and coverage in Canada with the addition of Mark Sturrock, who will lead its origination efforts in the country. He will be based in Toronto.
“We are very excited to have Mark as part of the Monroe Capital team,” says Ted Koenig, President & CEO of Monroe Capital. “The expansion of our product offering in Canada is consistent with our plan to deepen our presence in the middle market throughout North America. Mark will be responsible for leading the firm’s Canadian lending efforts in private equity sponsored and non-sponsored transactions.”
Prior to Monroe, Sturrock
Harbottle & Lewis has advised social intelligence company Brandwatch on its USD33 million Series C financing led by new investor Partech Ventures, with participation from existing investors Highland Europe and Nauta Capital.
Partech’s investment follows previous Series A and B rounds of USD6m and USD22m led respectively by Nauta and Highland, both in relation to which Harbottle & Lewis previously advised.
Brandwatch’s continued growth demonstrates the strong appetite organizations have for a best of breed social analytics platform as social networks have evolved into a critical source of consumer and business insight. The funding will be used to accelerate development
UK private equity house Maven Capital Partners (Maven) has invested GBP5.4 million in GEV Group (GEV), a fast growing and diversified organisation with a key focus on the renewable sector.
The business comprises of four main divisions which operate across multiple markets and global locations; GEV Wind Power, Subsea Masters, Oxifree, and GEV Offshore.
The transaction will provide the business with the additional development capital it needs to support its impressive growth plans. Highly regarded for its project delivery, quality of people and its innovation in its products and processes, GEV is well positioned to capitalise on the projected growth
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
