Abu Dhabi Investment Council

Energy Impact Partners launches in Europe with EUR 390 million to accelerate the push towards net zero

Retrieved on: 
Tuesday, September 13, 2022
Professional Services, Other Energy, Utilities, Alternative Energy, Energy, Finance, Banking, APG, Fund, Collaboration, CO2, Carbon, ESG, Pulse, Founder CEO, Committee on European Affairs and Oversight of the European Funds, Contract, EIP, Growth, Investment, Partnership, EDF, Climate change, Climate Investment Funds, USD, CEO, DNV, Technology, LP record, Abu Dhabi Investment Council, Energy, Abu Dhabi Investment Authority, ADIA, EWE, ABP, Deep Decarbonization Pathways Project, Renewable energy, Industry, European, Greenly

EIP has EUR 390 million to deploy in European investments to accelerate the growth of innovative technologies which have the potential to drive the transition towards net zero.

Key Points: 
  • EIP has EUR 390 million to deploy in European investments to accelerate the growth of innovative technologies which have the potential to drive the transition towards net zero.
  • Europe is leading in the energy transition and is a key market on the road to net zero where we are seeing thousands of investable opportunities.
  • We are thrilled to now be able to partner with brilliant European entrepreneurs to help accelerate the innovations tackling climate change, said Hans Kobler, Founder & CEO of Energy Impact Partners.
  • This includes high impact European tech companies that contribute to safer, more flexible and cleaner energy sources.

Permira Funds and the Marcucci family complete investment in Kedrion and BPL and announce appointment of Ugo Di Francesco as CEO

Retrieved on: 
Thursday, September 1, 2022
Health care, Partnership, Bio Products Laboratory, Goodwin Procter, Novartis, ADIA, CEO, Abu Dhabi Investment Council, Trust, Ugo, Bristol Myers Squibb, Morgan Stanley, BPL, Marcucci, Leadiant Biosciences, Permira, Abu Dhabi Investment Authority, Giliberti, Goal, Acceleration, Partner, Health, BofA Securities, Plasma, Francesco Carnelutti, Human serum albumin, EY, FSI, Acquisition, TII, Industry, Growth, CDP Equity, Patient, Management, Fine chemical, Pharmaceutical industry

Ugo Di Francesco, currently CEO of Chiesi Group, has been appointed the new CEO of the combined company, effective January 2023.

Key Points: 
  • Ugo Di Francesco, currently CEO of Chiesi Group, has been appointed the new CEO of the combined company, effective January 2023.
  • Paolo Marcucci, co-founder of Kedrion, will continue as the combined company's Chairman and CEO until Ugo Di Francesco joins the business, and thereafter as non-executive Chairman.
  • Kedrion was established by the Marcucci family in 2001 but has roots in the Italian pharmaceutical industry dating back to the 1950s.
  • Kedrion shareholders were advised by Lazard, Natixis, Carnelutti and Pedersoli, whilst the Marcucci family was advised by Terzi&Partners and Carnelutti.

Permira Funds and the Marcucci family complete investment in Kedrion and BPL and announce appointment of Ugo Di Francesco as CEO

Retrieved on: 
Thursday, September 1, 2022
Health care, Partnership, Bio Products Laboratory, Goodwin Procter, Novartis, ADIA, CEO, Abu Dhabi Investment Council, Trust, Ugo, Bristol Myers Squibb, Morgan Stanley, BPL, Marcucci, Leadiant Biosciences, Permira, Abu Dhabi Investment Authority, Giliberti, Goal, Acceleration, Partner, Health, BofA Securities, Plasma, Francesco Carnelutti, Human serum albumin, EY, FSI, Acquisition, TII, Industry, Growth, CDP Equity, Patient, Management, Fine chemical, Pharmaceutical industry

Ugo Di Francesco, currently CEO of Chiesi Group, has been appointed the new CEO of the combined company, effective January 2023.

Key Points: 
  • Ugo Di Francesco, currently CEO of Chiesi Group, has been appointed the new CEO of the combined company, effective January 2023.
  • Paolo Marcucci, co-founder of Kedrion, will continue as the combined company's Chairman and CEO until Ugo Di Francesco joins the business, and thereafter as non-executive Chairman.
  • Kedrion was established by the Marcucci family in 2001 but has roots in the Italian pharmaceutical industry dating back to the 1950s.
  • Kedrion shareholders were advised by Lazard, Natixis, Carnelutti and Pedersoli, whilst the Marcucci family was advised by Terzi&Partners and Carnelutti.

Bain Capital and ADIA to Acquire Merchants Fleet, a High-Growth Fleet Management Company, Alongside Merchants Leadership Team

Retrieved on: 
Thursday, July 21, 2022
Bain Capital, AFLA, Acquisition, Eye, Industry, EV, Government, Partnership, Innovation Center station, Ownership, Abu Dhabi Investment Council, Multimedia, Abu Dhabi Investment Authority, Totalview, Movement, ADIA, Technology, Adoption, News, BNP Paribas, Wilmer Cutler Pickering Hale and Dorr, Confusion, System, Efficiency, ESG, Growth, LP, Broad Haven, Airline, Bank, Taxicab, Management, Merchant

HOOKSETT, N.H. and BOSTON, July 21, 2022 /PRNewswire/ -- Merchants Fleet, the nation's fastest growing fleet management company, today announced that Bain Capital and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) have signed a definitive agreement to acquire Merchants Automotive Group, DBA Merchants Fleet and Merchants Auto (collectively "Merchants"). The members of the Merchants leadership team will remain in their current roles and will be co-investors in the business. Chief Executive Officer Brendan P. Keegan will also assume roles of president & chairperson. Terms of the private transaction were not disclosed.

Key Points: 
  • Founded in 1962, Merchants is the fourth largest provider of fleet management services with over $2 billion in assets under management and 165,000 managed commercial fleet units across North America.
  • Merchants has the right team and management in place, the right partners in Bain Capital and ADIA, and the determination and grit to forge an exciting future."
  • Merchants Fleet is North America's fastest-growing fleet management company, enabling the movement of people, goods and services freely and responsibly.
  • From flexible funding, fleet acquisition and fleet management to vehicle remarketing, fleet consulting, fleet electrification, and the power of cloud-based fleet management platform TotalView, Merchants serves as a single source for all fleet and mobility needs across more than 20 unique industries.

Acrisure Closes $725 Million Equity Funding, Valuing Business at $23 Billion

Retrieved on: 
Tuesday, May 31, 2022
Professional Services, Data Management, Technology, Insurance, Finance, Software, CEO, Perpetual Real Estate Services, Inc. v. Michaelson Properties, Inc., Company, Abu Dhabi Investment Authority, Investment, Abu Dhabi Investment Council, Solution, Marketing, Guggenheim Partners, Culture, OHA, MGA, Awareness, Partnership, Acquisition, Entrepreneurship, ADIA, Security (finance), Financial services, Insurance

Acrisure closed $725 million in Series B-2 Preferred Equity and received a $23 billion valuation, representing a 31% increase from its last preferred equity raise in March 2021.

Key Points: 
  • Acrisure closed $725 million in Series B-2 Preferred Equity and received a $23 billion valuation, representing a 31% increase from its last preferred equity raise in March 2021.
  • This transaction reaffirms how the market, and our partners, value the strength of our performance and trajectory for future growth.
  • Acrisure specializes in intelligence-driven financial services, providing a broad array of products including Insurance, Real Estate Services, Cyber Services, and Asset & Wealth Management.
  • The Company has grown revenue from $38 million to more than $3.5 billion in just over eight years with locations throughout the world.

Logistics Property Co. Announces the Appointment of Brent Steele as Chief Investment Officer

Retrieved on: 
Tuesday, May 3, 2022
Supply Chain Management, Retail, Transport, Logistics, Supply Chain Management, Commercial Building & Real Estate, Construction & Property, Abu Dhabi Investment Council, Investment, Senior, Brent Steele, LLC, American International Group, CIO, ADIC, LPC, Acquisition, Management, Real estate, Commercial property

Logistics Property Company, LLC (LPC) announces the appointment of Brent Steele as Executive Vice President and Chief Investment Officer (CIO).

Key Points: 
  • Logistics Property Company, LLC (LPC) announces the appointment of Brent Steele as Executive Vice President and Chief Investment Officer (CIO).
  • Were excited to welcome Brent to the LPC team, said Jim Martell , LPCs Chief Executive Officer.
  • His appointment marks a significant point in LPCs corporate evolution to a diversified logistics real estate platform.
  • Logistics Property Company, LLC (LPC) is an industrial real estate company focused on the acquisition, development, and management of modern logistics properties.

Rockpoint and ADIA Form Platform to Invest in $2 Billion of Industrial Real Estate

Retrieved on: 
Monday, May 2, 2022
Investment, Abu Dhabi Investment Authority, Government, 460, ADIA, Partnership, Income, L.L.C, Growth, Entrepreneurship, Abu Dhabi Investment Council, Financial services, Silicon

The platform will target industrial investment opportunities representing approximately $2 billion in gross asset value.

Key Points: 
  • The platform will target industrial investment opportunities representing approximately $2 billion in gross asset value.
  • This platform follows Rockpoint's announcement in February 2021 that the firm had formed a strategic partnership with leading industrial real estate investor and operator Ben Harris.
  • Mohamed AlQubaisi, Executive Director of the Real Estate Department at ADIA, said, "We have built a sizeable portfolio of industrial real estate assets and continue to see attractive opportunities in the sector.
  • ("Rockpoint") is a real estate private equity firm headquartered in Boston with additional domestic offices in San Francisco and Dallas.

Rockpoint and ADIA Form Platform to Invest in $2 Billion of Industrial Real Estate

Retrieved on: 
Monday, May 2, 2022
Investment, Abu Dhabi Investment Authority, Government, 460, ADIA, Partnership, Income, L.L.C, Growth, Entrepreneurship, Abu Dhabi Investment Council, Financial services, Silicon

The platform will target industrial investment opportunities representing approximately $2 billion in gross asset value.

Key Points: 
  • The platform will target industrial investment opportunities representing approximately $2 billion in gross asset value.
  • This platform follows Rockpoint's announcement in February 2021 that the firm had formed a strategic partnership with leading industrial real estate investor and operator Ben Harris.
  • Mohamed AlQubaisi, Executive Director of the Real Estate Department at ADIA, said, "We have built a sizeable portfolio of industrial real estate assets and continue to see attractive opportunities in the sector.
  • ("Rockpoint") is a real estate private equity firm headquartered in Boston with additional domestic offices in San Francisco and Dallas.

Tessera Therapeutics Announces Over $300M Series C Financing to Advance its GENE WRITING Platform

Retrieved on: 
Tuesday, April 19, 2022
General Health, Health, Science, Other Science, Research, Rubius, David Berry (inventor), SoftBank Group, CEO, Lists of diseases, Cancer, Biotechnology, DNA, Abu Dhabi Investment Council, Abu Dhabi Investment Authority, SANA, Geoffrey von Maltzahn, MGE, NASDAQ, Research, Entrepreneurship, RNA, Gene editing, Alaska Permanent Fund, Deletion, Growth, Efficiency, Founder, Longevity, Genome, Technology, Mobile genetic elements, Ecosystem, MRNA, Flagship, Gene, Investment, Flagship Pioneering, Partnership, ADIA, Disease, Health, CRISPR, Therapy, Pharmaceutical industry, Vaccine, Antibiotics, Tessera

Tessera Therapeutics, the biotechnology company pioneering a new approach in genetic medicine known as GENE WRITING technology, announced today that it has raised over $300 million in Series C financing.

Key Points: 
  • Tessera Therapeutics, the biotechnology company pioneering a new approach in genetic medicine known as GENE WRITING technology, announced today that it has raised over $300 million in Series C financing.
  • Todays announcement will help us realize the promise of GENE WRITING technology and our mission of curing disease by writing in the code of life.
  • GENE WRITING technology is inspired by natures genome architectsMobile Genetic Elements (MGEs)to overcome the limitations of gene editing and gene therapies.
  • For more information on Tessera Therapeutics, including how GENE WRITING technology works, partnership opportunities, and job openings, please visit www.tesseratherapeutics.com .

MHS and Fortna to Combine to Create Global eCommerce and Logistics Automation Leader

Retrieved on: 
Monday, April 18, 2022
Technology, Retail, Engineering, Manufacturing, Finance, Supply Chain Management, Online Retail, Professional Services, Transport, Other Technology, Software, Internet, Hardware, Logistics, Supply Chain Management, CEO, Gibson, Dunn & Crutcher, Technology, LLP, RBC Capital Markets, System, Abu Dhabi Investment Council, Robotics, Automation, LLC, Abu Dhabi Investment Authority, McReynolds, Software, THL, Government, Fusion Global Business Solutions, Distribution, Growth, Solution, Philosophy, J.P. Morgan & Co., McKeel, Investment, Health care, Multimedia, ADIA, Thomas H. Lee Partners, MHS, Industry, E-commerce, Partnership, Acquisition, Financial services, Warehouse, Renewable energy, Online shopping, Bank, Financial adviser, Rosie Fortna

MHS Global (MHS), a leading global provider of material handling automation technology and systems integration, and Fortna (Fortna), a leading software and solutions provider for warehouse and distribution, will combine to form a multi-billion-dollar, multinational company providing parcel, warehouse and distribution, and lifecycle services.

Key Points: 
  • MHS Global (MHS), a leading global provider of material handling automation technology and systems integration, and Fortna (Fortna), a leading software and solutions provider for warehouse and distribution, will combine to form a multi-billion-dollar, multinational company providing parcel, warehouse and distribution, and lifecycle services.
  • Combining with Fortna will allow us to accelerate our collective efforts on all fronts, to the benefit of our customers, employees, and suppliers.
  • MHS is a leading global provider of automated material handling systems, solutions, software, and products to leading customers fulfillment, distribution, and logistics operations.
  • MHS participates in a large, exciting industry undergoing significant growth and transformation driven by two mega-trends: eCommerce and automation.