Private Equity Wire Newsletter

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NEWSLETTER | 10 Aug 2020

Mon | 10 Aug 2020, 12:08

Carey Olsen's corporate team in Guernsey has advised Tembo Capital (Tembo) on the launch of its latest fund, Tembo Capital Mining Fund III (Tembo Fund III), which has a fundraising target of USD300 million.

Mon | 10 Aug 2020, 12:08

Fund administration, capital markets, corporate and fiduciary services specialist Ocorian has assisted Pacific Equity Partners (PEP) in the closing of its 6th Core Fund (Fund VI), with AUD2.5 billion of commitments.

Mon | 10 Aug 2020, 12:08

In4Trade has launched a new e-platform aiming to help owners of multiple companies such as private equity funds, family offices and investment funds to leverage their combined indirect purchasing spend.

Mon | 10 Aug 2020, 12:08

Join leading practitioners and colleagues at the PEWlive Europe Digital Summit (2-3 Sep) as we uncover and resolve the operational issues facing GPs in an increasingly competitive marketplace.

Cybersecurity crucial as data warehousing increases

Mon | 10 Aug 2020, 12:08

As private equity managers become more comfortable adopting technology, a measure of which has been accelerated by the Covid-19 crisis, their needs are also developing further. The increased adoption of public cloud services is leading to more data-warehousing which in turn results in more in-depth analysis of that data. However, as these firms progress along the technology adoption timeline, they must ensure their cybersecurity is air-tight.

Mon | 10 Aug 2020, 12:08

Independent Iberian management company GED Capital has invested, through its Conexo Ventures fund, in SimpleCloud, a leading company in the transformation of the animation, video game, advertising and special effects industries.

Mon | 10 Aug 2020, 12:08

Lafayette Mittelstand Capital has take a 51 per cent stake in the newly formed Acquisition Company REAL General Contracting Holding GmbH jointly with the future CEO, Michael Betz who holds 49 per cent of the shares.

Mon | 10 Aug 2020, 12:08

Astorg is to sell Surfaces Group (Surfaces) to TA Associates. Headquartered in Cenate Sotto, Italy, Surfaces Group is the world leading supplier of abrasive tools and consumables used in the manufacturing process of high-end materials.

Mon | 10 Aug 2020, 12:08

Clayton, Dubilier & Rice has appointed Chris Satchell as an Operating Principal focused on technology and digital initiatives at the Firm’s portfolio companies.

Shore Capital-backed EyeSouth Partners completes 18th affiliation with Retina Associates of Middle Georgia

Mon | 10 Aug 2020, 12:08

EyeSouth Partners (EyeSouth) has completed an affiliation with Retina Associates of Middle Georgia (RAMG).

Mon | 10 Aug 2020, 12:08

Urgent action is required to close the UK’s growth capital gap, according to a report released today by Innovate Finance, the ScaleUp Institute and Deloitte, by accelerating, evolving and expanding existing initiatives under a national framework for growth. This work has been undertaken in collaboration with industry, investors and the Business Action Council (BAC).

Mon | 10 Aug 2020, 12:08

Vivaris Capital, a private equity group focused on alternative asset investments, has entered into a strategic, broker-dealer partnership with Entoro Capital, a technology-enabled global investment bank and broker-dealer.

PE-backed XDD acquires Hobs Group

Mon | 10 Aug 2020, 12:08

Anexsys Group, which provides technology and consultancy services for law firms, corporations and the public sector, has been acquired by private-equity-backed Xact Data Discovery (XDD) from Hobs Group.

Mon | 10 Aug 2020, 12:08

Actis, an investor of private capital into global emerging markets has, via its Actis Long Life Infrastructure Fund (ALLIF) completed the acquisition of two solar projects in India totalling 400MW from Acme Solar Holdings Ltd.

Genstar Capital teams with management to invest in Sonny’s Enterprises

Mon | 10 Aug 2020, 12:08

Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrial, and software industries, has teamed with existing management to invest in Sonny’s Enterprises (Sonny’s), a specialist in conveyorised car wash equipment, chemicals, controls, service and parts.

Mon | 10 Aug 2020, 12:08

MiddleGround Capital has acquired majority ownership of Dura Automotive Systems from Bardin Hill Investment Partners. This is MiddleGround’s sixth platform acquisition made from its first fund, which closed in August 2019.

Mon | 10 Aug 2020, 12:08

Northstar Capital (Northstar), a provider of junior capital for middle market private equity transactions, has invested in Yale Cordage, a portfolio company of River Associates (River).