PE firm Ascent Capital seeking Sh 13.1 billion for regional investments
Nairobi-based private equity firm Ascent Capital is seeking to raise a total of $120 million (Sh13.1 billion) from various investors through a new fund. The capital will be invested in small and medium-sized companies in the East African region. Ascent has already received an investment proposal from the International Finance Corporation (IFC) which plans to […]
Indigo Paints Receives SEBI Approval To Float IPO
The IPO will comprise fresh issuance of shares aggregating to ₹ 300 crore and an offer-for-sale of up to 58,40,000 equity shares by private equity firm Sequoia Capital Indigo Paints has received approval from the capital markets regulator SEBI to raise money through an initial public offering (IPO). The Sequoia Capital-backed Indigo Paints had filed its preliminary […]
Hamilton Lane launches new fund to expand access to private markets for individual US investors
Private markets investment management firm Hamilton Lane has launched the Hamilton Lane Private Assets Fund (PAF), a closed-end investment vehicle registered under the Securities Act of 1933 and the Investment Company Act of 1940 (’40 Act). This registration makes the Fund more widely available to qualified US clients, including certain high-net-worth (HNW) investors and their […]
Foresight holds interim close of FEIP at EUR430m
Infrastructure and private equity investment manager Foresight Group has held an interim close for Foresight Energy Infrastructure Partners (FEIP) with commitments of cEUR430 million. Including co-investments to date, this represents a total capital pool in excess of EUR600 million. This close sees new investment from Postens Pensionsstiftelse, investment manager of the Swedish National Post Service, […]
BayoTech secures equity investment from Newlight Partners
BayoTech, a specialist in on-site hydrogen production, has secured an equity investment of up to USD157 million from Newlight Partners (“Newlight”), a growth equity investor, with participation from existing investors Cottonwood Technology Funds, Sun Mountain Capital and new investor Fortistar. The proceeds will be used to accelerate BayoTech’s strategic growth through product development, project development […]
Oxley gets $106.4m investment from Hong Kong private equity firm
Property developer Oxley holdings has received a $106.4 million investment through a convertible note issuance to funds managed by Dignari Capital Partners (DCP), a private equity firm based in Hong Kong. The convertible notes, with an aggregate principal amount of up to US$80 million, will bear a coupon interest of 4.5 per cent per annum […]
The Riverside Company invests in UniFocus
The Riverside Company, a global private equity firm focused on the smaller end of the middle market, has invested in UniFocus, a SaaS-based labour management solution for service industry providers. UniFocus delivers a complex rules-based workforce management software suite designed to address the specific needs of scheduling, managing and optimising labor for hotels, restaurants and […]
AnaCap makes growth investment in German insurance broker MRH Trowe
Mid-market private equity investor AnaCap Financial Partners (AnaCap) has made a significant growth investment into MRH Trowe (MRHT), an owner managed top-10 commercial lines insurance broker in Germany. AnaCap will join the MRHT management team as a strategic growth partner with management remaining as the largest shareholder group in the company. The investment will enable […]
Ironwood Capital makes subordinated debt and equity investment in ALCOM
Ironwood Capital has made a subordinated debt and equity investment in ALCOM, a manufacturer of aluminium trailers, including cargo haulers, car haulers, snow trailers, flat/open carriers and horse/livestock trailers. The company is headquartered in Winslow, Maine with additional manufacturing operations in Montana and South Dakota. Ironwood Capital Managing Director Alex Levental says: “Over the next […]
Infinedi Partners invests in BWG Strategy
Infinedi Partners (Infinedi), a private equity firm focused on founder-owned businesses, has completed an investment in BWG Strategy (BWG), a provider of market intelligence, data and other information to investment management and corporate clients through a subscription-based business model. Clients use this information to enhance their decision-making processes and to make principal investments. Bill Williams, […]
