Toby Mitchenall
Toby Mitchenall is the Senior Editor, ESG and Sustainability, at PEI Media. He is responsible for New Private Markets, a dedicated intelligence source on impact investing, sustainability and ESG in private markets, and is based in PEI’s London office. Toby was previously a consultant advising private equity firms on marketing and public relations.
3i-owned hedge fund administrator Fulcrum is merging with Butterfield Fund Services to form a combined platform worth $300m. Akshaya Bhargava, 3i’s former industrialist in residence and the current chief executive of Fulcrum, will take the helm at Butterfield Fulcrum Group.
The Swiss private equity firm has bought a manufacturer of explosion protection devices in a transaction that has been valued at roughly €325m. The deal represents an exit of undisclosed size for Allianz Capital Partners, which purchased the German company six years ago.
The Russian investment firm says slow regional public markets are driving an increasing flow of private equity opportunities.
Two appointments at Inflexion, including the hire of former Saatchinvest chief Andrew Leek, take the mid-market firm’s number of new investment team recruits to five in the last six months. The firm believes a larger team will quicken its deal-making process.
The former subsidiary of Royal London has pumped £6.1m into Raphael Healthcare in a deal that values the business at £30m.
Following a strong half year for the banking giant’s private equity advisory arm, Merrill Lynch has made a series of internal promotions, including Jeff Kaplan’s elevation to global head.
The financial services specialist has sold Signal Holdings, a provider of protection programmes and repair services for mobile phones, to New York insurer Assurant.
In its first foray into the sector the Bahrain-based investor is looking to take a slice of the $770bn US transport market with an investment in MRH Holdings.
The listed German buyout group has had the busiest week in its history, exiting steelmaker KWE and making two further investments, including a majority stake in the venerable German drinks producer Berentzen, while lining up another portfolio company for an imminent sale.
The US billionaire’s latest European acquisition takes to $6bn the total enterprise value of its communications-related investment into the continent this year.