Latest News
Financial Services Capital (FSC), a private equity investor dedicated to the European financial services sector, has appointed Geraldine Kieren as Vice President, Investor Relations.
Kieren joins from Aksia, where she was a Portfolio Advisor on Private Markets, supporting the firm’s efforts for European institutional clients in private equity and private credit. Her appointment continues the development of FSC’s institutional-grade team, led by Managing Partners Matthew D Hansen and Miroslav Boublik. The team now comprises eight Investment Professionals and three Platform Professionals, supported by four Operating Partners and five Senior Advisors.
Prior to Aksia, Kieren worked for Hamilton Lane, where she
Shift Paradigm, a portfolio company of mid-market private equity firm Growth Catalyst Parthers, has acquired Ergo, an email marketing company based in New York City. The acquisition strengthens Shift Paradigm’s email and customer journey expertise.
Shift Paradigm and Ergo’s shared cultural values and commitment to driving client outcomes played a central role in bringing the companies together.
Following the acquisition, Ergo chief executive officer John Hendricks will remain involved in the business as a member of Shift Paradigm’s board of directors.
Global private equity firm OpenGate Capital, is combining Extol, which it acquired on 30 September, 2022, and Aluminium France Extrusion (AFE), which has been owned by OpenGate since June of 2013, to form Aluminium Solutions Group SAS (ASG).
The merger establishes France’s second and Europe’s sixth largest aluminium extruder with a clear sustainability roadmap. Terms of the transaction have not been disclosed.
OpenGate is also examining options to enhance the ESG profile of ASG, including specific investments to facilitate recycled materials in the production process.
Extol is a specialty extruder and manufacturer of custom aluminium parts with facilities in Toledo,
Global private equity investor Advent International (Advent), and Wilbur-Ellis, one of the largest family-owned companies in the world, are to merge their life sciences and specialty chemicals solutions businesses, Caldic BV (Caldic) and Connell.
HIG Capital (HIG), a global alternative investment firm with over $50 billion of equity capital under management, has sold its portfolio company Salary.com to Accel-KKR. Terms of the transaction have not been disclosed.
Based in Waltham, Massachusetts, Salary.com is a specialist in cloud-based compensation software and data solutions, serving more than 8,000 software subscribers and 60 million employees globally. The company’s software products and analytical capabilities enable enterprises, small businesses, and individuals to be on the cutting edge of compensation trends, best practices, and policies.
HIG acquired Salary.com from IBM Kenexa in December 2015. During HIG’s ownership, Salary.com relaunched its
An affiliate of technology and US government investment firm Veritas Capital (Veritas) is to acquire CAES Space Systems, an independent supplier of high-reliability electronic solutions for space, defence, healthcare and industrial applications, from CAES.
Mike Elias, Senior Vice President & Division General Manager, will continue to lead CAES Space Systems, alongside the rest of the leadership team.
Financial terms of the transaction have not been disclosed.
Headquartered in Colorado Springs, CAES Space Systems provides radiation hardened components, mission processing, cabling, wave guides, antennas and power management solutions. The Company’s track record of innovation, rich intellectual property portfolio and best-in-class engineering
OpenGate Capital, a global private equity firm, has exited its investment in InRule Technology (InRule), an intelligence automation platform, through a sale to Pamlico Capital. Financial terms of the deal have not been disclosed.
Headquartered in Chicago, Illinois, InRule provides integrated decisioning, machine learning and process automation software that enables IT and business leaders to make better decisions faster, operationalise machine learning, and improve complex, mission-critical processes.
OpenGate’s initial investment came in 2019 and marked InRule’s first institutional capital raise. Over the past three years, OpenGate supported significant product and go-to-market investment while partnering with InRule’s management team on a
Global investment solutions provider Russell Investments has launched a new global unlisted infrastructure fund. The Luxembourg-domiciled open-ended private markets fund aims to invest in opportunities that address the need for new infrastructure solutions to meet evolving social and economic demands.
It is classified as Article 8 for SFDRi purposes, in line with the firm’s commitment to offering sustainable solutions to help achieve clients’ investment goals.
Currently only available to professional investors based in the UK, the Russell Investments Global Unlisted Infrastructure Fund gives exposure to a global infrastructure portfolio diversified across sectors, geographies, revenue structures and transaction types with a
Next Play Capital, a minority-owned venture investment firm focused on investing in access-constrained venture funds and venture-backed companies, has closed its third flagship fund at $200 million. The Fund exceeded its initial target size of $150 million and significantly surpasses the size of its predecessor Fund II.
Fund III adds 11 new institutional limited partners (LPs) who embody the values that reflect Next Play Capital’s diverse LP community.
Fund III is the largest in Next Play Capital’s history, marking a 2.5x increase from the second flagship vehicle and bringing the firm’s total assets under management to $425 million. The firm will
Herakles Investment Partners, a US-based private equity investor, focused on investing in attractive upper mid-market sub-Saharan African companies both private and public, has appointed Apex Group to provide find administration services.
Fund administration is at the core of Apex Group’s single-source solution, which encompasses a wide range of services under one roof, this will enable Herakles to create efficiencies, reduce costs and improve controls by outsourcing the back-, middle- and front-office operational framework.
This announcement follows the recent expansion of Apex Group’s pioneering ESG Ratings & Advisory Services with the launch of a new diversity, equity, equality and inclusion
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
