Latest News
RCP Advisors, a sponsor of private equity funds-of-funds, secondary funds, and co-investment funds focused on North American lower middle market buyouts, has held the final closing of RCPDirect IV (the Fund).
The Fund was oversubscribed, with approximately $645.4 million in aggregate commitments, exceeding its target of $500 million.
The Fund has a broad LP base of both new and existing investors, including endowments, foundations, public pension plans, family offices, and high-net-worth individuals.
RCPDirect IV will continue the same investment strategy employed by RCP’s previous co-investment funds and will generally partner with lead buyout fund managers who raise funds between $100
QHP Capital (QHP), a management company for NovaQuest Private Equity (NQPE), has acquired Lexitas Pharma Services (Lexitas), a full-service ophthalmology contract research organisation (CRO) supporting biopharmaceutical and medical device clinical trials.
Since 2011, Lexitas has provided clinical trial and medical strategy solutions to biopharmaceutical and medical device companies developing ophthalmic products. The Company provides end-to-end support and development expertise in the anterior and posterior segments of ophthalmology.
Additionally, Lexitas appointed Jeanne Hecht as Executive Chairwoman of the Board. Hecht is a seasoned ophthalmology CRO industry executive having previously served as CEO of Ora, an ophthalmic CRO, where she expanded Ora’s
Iron Path Capital, a private equity firm focused on healthcare and specialty industrials, has appointed Ted Clark as a partner to lead investment initiatives with a focus on high-quality businesses in the specialty industrials sector.
Clark joins Iron Path after stepping down as EVP and chief operating officer and transitioning to an advisory role with HB Fuller Company (NYSE: FUL), a global specialty chemical company founded in 1887. Clark joined HB Fuller following its 2017 acquisition of Royal Adhesives and Sealants (a platform Clark founded with Quad-C Management in 2003), where he served as president and CEO.
Iron Path Capital
Gresham House has acquired New Century Care (NCC), an elderly care provider operating care homes across the UK, for $21 million.
The investment was made by Gresham House’s second flagship sustainability fund, BSIF II, in partnership with specialist care and education provider Salutem.
NCC currently provides care for nearly 300 elderly residents across six sites in the south of England and Scotland. Under its new ownership and management, its capacity and offer will expand, adding much-needed new beds and specialist care for the elderly care sector – where currently an estimated 1.4 million older people in the UK do
Caymus Equity Partners (Caymus Equity) has invested in Overland vehicle Systems (OVS), partnering with Founder and CEO, Sean Angues.
OVS is a supplier for overlanding and off-road enthusiasts headquartered in Santa Fe Springs, California. The investment builds on OVS’s high-growth vision and provides the Company with the capital support necessary to achieve the vision laid out by Sean Angues and his team.
OVS has developed a full line of products marketed for overlanding, camping, cargo management, recovery gear, and air management providing customers everything they need to adventure. The company’s supply process positions itself as an industry leader in adding
British Business Investments has made a £20 million to funds managed by Beach Point Capital Management (Beach Point).
Beach Point has successfully run funds in the United States and Ireland and is now expanding into the UK market. This commitment by British Business Investments will enable Beach Point to make investments of between £2 million and £5 million to smaller UK businesses with high growth ambitions.
Beach Point will invest across all regions of the UK, though will particularly target Northern Ireland, where it is intended that a minimum of £10 million will be invested, and the North of England
Hiro, a developer tools company for builders of the bitcoin economy, has appointed Julia Austin to its Board of Directors.
Austin, a former technology executive and current Senior Lecturer at Harvard Business School, brings three decades of experience implementing cutting edge technology to rapidly scale companies. As the founder of nonprofit Good For Her, Austin shares Hiro’s vision of a technological future that benefits the public good.
Austin has spent her entire career at the forefront of new technology, having previously served as chief technology officer at DigitalOcean, vice president of innovation for VMware, Inc, vice president of engineering at
Global investment firm Carlyle has appointed Richard Elder, former chief transformation officer and EVP, strategy & growth at Carlyle-backed Nouryon, to the newly-expanded role of head of global portfolio solutions (GPS).
Global Portfolio Solutions, formerly Global Investment Resources (GIR), provides insight and support to Carlyle’s investment process and portfolio value improvement efforts. The global team is comprised of functional experts across digital, talent, procurement, IT and other disciplines.
As head of global portfolio solutions, Elder will oversee GPS’ value creation efforts that encompass the combination of innovative domain thought leadership, a network of more than 50 operating executives
Perwyn has appointed James Gavey as its new chief financial officer (CFO).
Gavey, who will be based in Perwyn’s London office, joins from Silverfleet Capital Partners where he has worked since 2001, most recently as director of finance. His expertise lies in UK and European lower and midmarket management buyouts with an enterprise value of between €25 million and €300 million.
This is Perwyn’s third hire this year, following the appointment of Gurinder Sunner as Partner in February, and Angus Duthie-Jackson as an Associate last month.
Gavey began his career at PricewaterhouseCoopers in the Assurance and Business Advisory
Quote.com, a portfolio company of Osceola Capital, has acquired Ring2Media, a direct response marketing agency specialising in Medicare enrolment.
The acquisition will be consolidated under the Quote.com brand and accelerate the company’s penetration of the highly strategic Medicare segment. The Ring2Media acquisition further diversifies Quote.com’s core digital product offering by adding expertise in TV/OTT marketing, expanding the company’s reach and addressable audience.
McDermott Will & Emery served as legal advisor to Quote.com. MTS Health Partners and Bass Berry & Sims served as financial advisor and legal advisor to Ring2Media, respectively. Capital Southwest Corporation and Plexus Capital provided financing for
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
