Archives

EQT and Blackstone Infrastructure to acquire Urbaser, a leading waste management infrastructure platform

eqt

EQT and Blackstone Infrastructure to acquire Urbaser a leading waste management infrastructure platform

  • Funds managed by EQT and Blackstone to acquire Urbaser, a Spain-based leader in waste management infrastructure and environmental services oriented towards sustainability and innovation
  • Urbaser provides essential services to municipalities and industrial customers
  • EQT and Blackstone will support Urbaser’s growth across its markets, underpinned by an accelerating transition towards a circular economy

EQT is pleased to announce that the EQT Infrastructure VI fund and funds managed by Blackstone Infrastructure have agreed to acquire Urbaser, from funds managed by Platinum Equity.

Founded over three decades ago, Urbaser is a leading global provider of integrated waste management and environmental services. Urbaser delivers municipal and industrial waste services to more than 60 million people worldwide and has an integrated waste management model ranging from collection to treatment with the most advanced solutions to maximise recycling and regeneration. Its services are delivered through long-term contracts with municipalities and industrial clients.

Urbaser’s commitment to innovation is reflected in its long-standing leading expertise in developing and operating energy-from-waste and other advanced waste treatment infrastructure that support the sustainable development of the waste management value chain, working closely with municipalities and industrial clients.

EQT will bring its global experience investing in sustainable waste management platforms to help Urbaser grow its leadership in Spain and other geographies. It will also leverage its long investment track record and established local team with experience supporting infrastructure and sustainability-focused businesses in the country. Together with Blackstone, EQT will support the management team in continuing its expansion in the fast-growing industrial waste segment, while further strengthening Urbaser’s core municipal waste operations and its role as a long-term partner to municipalities.

Guillermo García-Barrero, Partner at EQT Infrastructure, said: “Urbaser has a long track record of partnering with municipalities and industrial clients to provide them with advanced waste treatment and collection infrastructure services. Together with Blackstone, we look forward to supporting Urbaser’s management team and employees to continue to invest in the circular economy and create lasting value for society.”

Adam Kuhnley, Co-Head of European Investments, Blackstone Infrastructure, added: “As Spain’s leading waste management and environmental services platform, Urbaser is renowned for its technical expertise, decades-long experience and long‑standing customer relationships. We are excited to partner with management and EQT to support the company’s next phase of growth as it capitalizes on strong demand for greater resource efficiency.”

Fernando Abril-Martorell, CEO of Urbaser, added: “This transaction is the reflection of the value creation potential of Urbaser and the result of an excellent collaboration with Platinum Equity over these years. We are eager to continue providing leading solutions to our customers in this new phase, accelerating our investment and growth path, working hand by hand with EQT and Blackstone as our strategy partners.”

Following the acquisition of Urbaser, EQT will have invested more than €7 billion of equity in Spain across business lines since it opened its office in 2015.

EQT and Blackstone will each own 50% of Urbaser and jointly manage the company. The transaction is subject to customary conditions and approvals. Morgan Stanley & Co. International plc and BBVA acted as financial advisors to EQT, J.P Morgan and UBS Investment Bank acted as financial advisors to Blackstone, and Simpson Thacher & Bartlett, Linklaters and Kirkland & Ellis acted as legal advisors to Blackstone and EQT.

With this transaction, EQT Infrastructure VI is expected to be 60-65% percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication).

Contact
EQT Press Office, press@eqtpartners.com

Downloads

About EQT
EQT is a purpose-driven global investment organization with EUR 270 billion in total assets under management (EUR 141 billion in fee-generating assets under management) as of 31 December 2025, within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com
Follow EQT on LinkedIn, X, YouTube and Instagram

About Blackstone Infrastructure
Blackstone Infrastructure is an active investor across energy, transportation, digital infrastructure and water and waste infrastructure sectors. We seek to apply a long-term buy-and-hold strategy to large-scale infrastructure assets with a focus on delivering stable, long-term capital appreciation together with a predictable annual cash flow yield. Our approach to infrastructure investing is one that focuses on responsible stewardship and stakeholder engagement to create value for our investors and the communities we serve.

About Urbaser
Urbaser is one of the world leaders in environmental solutions, a global company focused on enhancing the value of the planet’s resources to build a more sustainable tomorrow. We serve more than 60 million people across the globe through our cleaning and collection services and manage more than 150 treatment plants, thanks to a huge network of more than 50,000 employees who promote real circularity every day.

More info: www.urbaser.com
Follow Urbaser on: LinkedIn, Instagram, Facebook y X

Categories: News

Blackstone Infrastructure and EQT to acquire Urbaser

Blackstone

Funds managed by Blackstone and EQT to acquire Urbaser, a Spain-based leader in waste management infrastructure and environmental services

Blackstone and EQT will support Urbaser’s growth across its markets, underpinned by an accelerating transition towards a circular economy

LONDON, UK – February 12, 2026 – Funds managed by Blackstone Infrastructure and the EQT Infrastructure VI fund (“EQT”) have agreed to acquire Urbaser from funds managed by Platinum Equity.

Founded over three decades ago, Urbaser is a leading global provider of integrated waste management and environmental services aimed at maximising recycling and regeneration.

Its services are delivered through long-term contracts with municipalities and industrial clients.

Adam Kuhnley, Co-Head of European Investments, Blackstone Infrastructure, said: “As Spain’s leading waste management and environmental services platform, Urbaser is renowned for its technical expertise, decades-long experience and long‑standing customer relationships. We are excited to partner with management and EQT to support the company’s next phase of growth as it capitalizes on strong demand for greater resource efficiency.”

Guillermo García-Barrero, Partner at EQT Infrastructure, said: “Urbaser has a long track record of partnering with municipalities and industrial clients to provide them with advanced waste treatment and collection infrastructure services. Together with Blackstone, we look forward to supporting Urbaser’s management team and employees to continue to invest in the circular economy and create lasting value for society.”

Urbaser’s commitment to innovation is reflected in its long-standing expertise in developing and operating energy-from-waste and other advanced waste treatment infrastructure that support the sustainable development of the waste management value chain.

The two firms will support the management team in continuing its expansion in the fast-growing industrial waste segment, while further strengthening Urbaser’s core municipal waste operations and its role as a long-term partner to municipalities.

Fernando Abril-Martorell, CEO of Urbaser, added: “This transaction reflects the value creation potential of Urbaser and is the result of excellent collaboration with Platinum Equity in recent years. We will continue providing leading solutions to our customers in this new phase, accelerating our investment and growth, working hand in hand with EQT and Blackstone as our strategic partners.”

Blackstone and EQT will each own 50% of Urbaser and jointly manage the company.

The transaction is subject to customary conditions and approvals. J.P Morgan and UBS Investment Bank acted as financial advisors to Blackstone, and Morgan Stanley and BBVA acted as financial advisors to EQT. Simpson Thacher & Bartlett, Linklaters, Kirkland & Ellis and Uría Menéndez acted as legal advisors to Blackstone and EQT.

Blackstone Infrastructure Partners  
Blackstone Infrastructure Partners is an active investor across energy, transportation, digital infrastructure and water and waste infrastructure sectors. We seek to apply a long-term buy-and-hold strategy to large-scale infrastructure assets with a focus on delivering stable, long-term capital appreciation together with a predictable annual cash flow yield. Our approach to infrastructure investing is one that focuses on responsible stewardship and stakeholder engagement to create value for our investors and the communities we serve.

Media Contact

Blackstone
Matt Thomas
Matthew.Thomas@Blackstone.com
 +44 7350 445003

Categories: News

Tags:

EQT Foundation announces Rare Disease Science Grant recipients

eqt

EQT Foundation is proud to announce the recipients of its Rare Disease Science Grants, a funding initiative designed to accelerate transformative deeptech solutions for the diagnosis, treatment, and management of rare conditions. The selected projects span gene and RNA therapies, regenerative medicine, AI-enabled diagnostics, novel drug delivery platforms, and precision immunotherapy, each addressing urgent unmet needs in diseases that disproportionately affect children and underserved patient populations.

Together, these projects exemplify the power of rare disease research to generate breakthroughs with impact far beyond individual conditions, advancing new platforms, tools, and approaches that can reshape medicine more broadly.

Meet the Grantees

Spencer Shelton – Modulating metabolic flux by hematopoietic stem cell engineering to ameliorate porphyrias

A broadly applicable genetic therapy for erythropoietic protoporphyria that targets blood stem cells to restore balance in heme biosynthesis. By intervening at a shared regulatory point rather than correcting individual mutations, this approach aims to deliver a mutation-agnostic therapy capable of reaching clinical testing by the end of the project.

Daniel Bauer – Prime editing gene therapy for Shwachman-Diamond syndrome

This project advances a first-in-class prime editing strategy to treat Shwachman-Diamond syndrome, a rare inherited bone marrow failure disorder with no targeted therapies. Building on strong proof-of-concept data, the team will generate the preclinical and genotoxicity evidence needed to support a pre-IND meeting with the FDA, with the longer-term goal of establishing a gene-editing platform for blood and immune diseases.

Rhian Stavely – Autologous enteric neural stem cells for Hirschsprung disease

A curative regenerative medicine approach for children with Hirschsprung disease, which is caused by the absence of enteric neurons in the gut. Using a patient’s own cells, this project aims to regenerate functional enteric neural networks, restore gut motility, and reduce lifelong complications, while preparing the therapy for first-in-human clinical translation.

Marta M. Alonso and Iker Ausejo-Mauleón –Developing new generation oncolytic virus for pediatric brain tumors

This project is developing next-generation oncolytic virus therapies for otherwise incurable pediatric brain tumors, with a focus on diffuse midline gliomas. The grant will support advanced preclinical validation of POP-02, alongside regulatory planning toward first-in-human studies in Europe and the United States, with the ambition to initiate a Phase I trial in children.

Guei-Sheung Liu – Transformative RNA editing therapy for Usher syndrome

This project from the Centre for Eye Research Australia, is developing a first-in-class RNA editing therapy to directly correct the genetic cause of Usher syndrome, a condition that leads to irreversible vision loss and early-onset hearing impairment. By restoring essential retinal proteins, the approach has the potential to halt retinal degeneration and transform outcomes for up to 300,000 people worldwide.

Timothy Jenkins – AI-designed T-cell engagers for virus-driven Merkel cell carcinoma

Using de novo protein design, this project creates highly selective bispecific T-cell engagers that target viral peptide–MHC complexes in Merkel cell carcinoma, a rare and aggressive skin cancer. The platform combines generative AI with in vitro and in vivo validation to deliver a preclinical lead with a clear path toward IND-enabling studies and broader applicability to other virus-associated cancers.

Wouter van Rheenen and Vamshidhar R. Vangoor – ATTAIN: Antisense therapies targeting ALS in induced neurons

ATTAIN aims to rapidly translate genetic discoveries into gene-targeted therapies for ALS. By building a scalable pipeline using patient-derived motor neurons, the team will screen and optimize allele-specific antisense oligonucleotides, nominating lead candidates for safety testing and future first-in-human precision therapies.

Stefan Marciniak – AI-enabled diagnosis of Birt-Hogg-Dubé syndrome

This project applies federated learning and artificial intelligence to improve CT-based diagnosis of Birt-Hogg-Dubé syndrome using multi-institutional data without sharing patient information. By combining imaging, radiomics, and molecular data, the approach aims to improve diagnostic accuracy in non-specialist settings and establish a scalable, privacy-preserving framework for rare disease diagnostics.

Feyisayo Eweje – ENTER: Elastin-based nanoparticles for therapeutic delivery

This project is developing a non-viral protein nanoparticle system for targeted in vivo delivery of gene editors to hematopoietic stem cells. By overcoming key limitations of ex vivo gene editing, this platform aims to enable scalable genetic medicines for inherited blood and immune disorders such as sickle cell disease and beta-thalassemia.

Ana Topf – Latin-SEQ

Latin-SEQ is a multi-centre consortium focused on rare neuromuscular diseases in Latin America. The project integrates diagnosis, gene discovery, and translational development while building sustainable, locally owned scientific infrastructure. By enabling federated analyses and cross-site learning, Latin-SEQ promotes equitable collaboration and long-term capacity building in the region.

Annelisa Cornel – MetaboCAR

MetaboCAR is developing next-generation CAR-T therapies that exploit shared metabolic vulnerabilities across childhood cancers. By targeting metabolic stress signals rather than tumor-specific antigens, this approach aims to unlock new, broadly applicable immunotherapies for pediatric oncology.

Kim Fabiano Marquart – Nerai Bioscience

Nerai Bioscience combines AI with high-throughput directed evolution to engineer customized CRISPR gene-editing tools capable of targeting disease mutations currently beyond reach. With applications in rare genetic liver and metabolic diseases such as citrullinemia type I and phenylketonuria, the project seeks to expand access to first-in-class genome medicines.

Contact

EQT Press Office

press@eqtpartners.com

About EQT

EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of more than three decades of developing companies across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business’ development, from start-up to maturity. EQT has €‌​​270​‌ billion in total assets under management (€141​‌ billion in fee-generating assets under management) as of 31 December 2025, within two business segments – Private Capital and Real Assets.

With its roots in the Wallenberg family’s entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.

The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in more than 25 countries across Europe, Asia and the Americas and has more than 1,900 employees.

More info: www.eqtgroup.com
Follow EQT on LinkedIn, X, YouTube and Instagram

Categories: News

Tags:

Ralph Haupter Joins Warburg Pincus as an External Senior Advisor

Warburg Pincus logo

Seasoned Technology Executive to Support European Technology Group

London, 10 February 2026 – Warburg Pincus, the pioneer of private equity global growth investing, today announced that Ralph Haupter will serve as an External Senior Advisor to its European Technology team. Mr. Haupter, Executive Vice President and Chief Revenue Officer for Small Medium Enterprises and Channel (SME&C) at Microsoft, will take on this personal engagement to help the firm identify and evaluate new investment opportunities across the software and technology sectors. He will also play an active role in value creation across the firm’s existing portfolio.

Mr. Haupter brings over 25 years of global operating experience and deep expertise in technology innovation and transformation. At Microsoft, he leads a global organization that works with the company’s extensive partner ecosystem to empower small and medium businesses worldwide. Previously, he held senior leadership roles across Europe, Asia, and the Americas, including President of Microsoft EMEA, President of Microsoft Asia, and Chief Executive Officer of Microsoft Germany. Before joining Microsoft, Mr. Haupter held leadership positions at IBM.

“I am excited to spend time with the Warburg Pincus team in this advisory capacity,” said Ralph Haupter. “Throughout my career, I’ve focused on helping organizations apply the latest technologies, including artificial intelligence, to improve how they operate and grow. I look forward to sharing my experience and learning from the next generation of technology companies.”

“We are delighted to welcome Ralph as a Senior Advisor,” said Issam Abedin and Max Fowinkel, Managing Directors at Warburg Pincus. “Ralph’s deep industry experience and knowledge of working with and scaling technology companies will be immensely valuable as we focus on supporting our current and future portfolio companies to unlock their full potential.”

Media contact:

Alice Gibb – Director, Europe Communications

Alice.gibb@warburgpincus.com

+44 207 306 3090

About Warburg Pincus

Warburg Pincus LLC is the pioneer of global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $100 billion in assets under management, and more than 215 companies in its active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,100 companies across its private equity, real estate, and capital solutions strategies.

The firm is headquartered in New York with more than 15 offices globally. For more information, please visit www.warburgpincus.com or follow us on LinkedIn.

Categories: People

819 Capital Partners acquires Chalet.nl

819 Capital Partners

Deventer, 10 February 2026 – 819 Capital Partners announces the acquisition of Chalet.nl, a well-established Dutch touroperator that has been a leading authority in winter sports holidays for more than 25 years.

Chalet.nl specializes in the organization and rental of chalets and apartments in leading winter sports destinations across France, Austria, Switzerland and Italy. The company has built a strong online presence and is known for its reliable service, personal approach, and deep expertise in winter sports destinations.

The acquisition of Chalet.nl through 819 Private Equity Fund is an add-on acquisition within the existing travel platform and aligns with the investor’s buy-and-build strategy.

Bert van Duuren, founder of Chalet.nl, will remain closely involved with the company as a minority shareholder. This ensures the retention of valuable knowledge and continuity, while also creating room for further growth.

Bert van Duuren commented: “With 819 Capital Partners, I have found a partner who understands the strength of Chalet.nl and has the ambition to further grow the company. I am pleased to remain involved as a minority shareholder and look forward with confidence to this new phase.”

With this acquisition, 819 Capital Partners strengthens its position in the travel market and further expands its platform with a distinctive winter sports concept, in-depth destination expertise, and a loyal customer base.

Categories: News

Tags:

IK Partners advises Wendel on the sale of Stahl

IK Partners (“IK”), a leading European private equity firm, has advised Wendel on the sale of its stake in Stahl (“the Company”) to Henkel for an enterprise value of €2.1 billion.

The IK Wendel Principal Investments (“WPI”) team, established in early 2026 to support Wendel’s direct investment activities and led by Xavier Lemonnier, has advised Wendel on the signing of an agreement to sell Stahl (excluding Muno). Wendel invested in Stahl in 2006, with the exit generating a net money multiple of 6.6x and an IRR in excess of 15% over the 20-year hold period.

Stahl is a global leader in specialty coatings for flexible materials. The Company benefits from favourable end-market trends — particularly in premium consumer segments — strong exposure to high-growth regions (such as Asia) and a product portfolio driven by sustainable technologies.

Henkel is a German-headquartered global coatings and adhesives leader serving a broad range of industrial and consumer end markets. Henkel benefits from a strong track record in innovation, technology leadership and sustainability.

The transaction is subject to mandatory consultation processes and the satisfaction of customary closing conditions, including regulatory approvals.

Xavier Lemonnier, Partner at IK and Head of the WPI Strategy, said: “We are pleased to be able to announce such a significant transaction so soon after the announcement of the advisory mandate given to IK to support Wendel, leveraging IK’s deep investment expertise. The sale of Stahl to Henkel represents a great outcome for all stakeholders.”

For further details on the transaction, please refer to Wendel’s press release.

For further questions, please contact:

IK Partners
Vidya Verlkumar
Phone: +44 (0) 7787 558 193
vidya.verlkumar@ikpartners.com

About IK Partners

IK Partners (“IK”) is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €20 billion of capital and invested in over 200 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, visit ikpartners.com IK is an affiliate of Wendel. For more information, visit wendelgroup.com

Categories: News

Tags:

Edelweiss to Bring in Carlyle as Strategic Majority Investor for its Housing Finance Business

No Comments
Carlyle

Carlyle to invest INR 2,100 Cr (approximately USD 230M) in Nido Home Finance

 

Mumbai, India, February 10, 2026 – Edelweiss Financial Services Limited (Edelweiss) and global investment firm The Carlyle Group (NASDAQ: CG) today announced that investment funds affiliated with Carlyle will acquire a strategic majority stake in Nido Home Finance Limited (Nido), a wholly-owned subsidiary of Edelweiss. As part of the transaction, investment funds affiliated with Carlyle Asia Partners (CAP) will invest INR 2,100 Cr (approximately USD 230M), which includes acquiring a 45% stake in Nido from Edelweiss through a secondary purchase and a primary equity capital infusion of INR 1,500 Cr (approximately USD165M) in Nido.

 

Established in 2010, Nido is one of India’s leading housing finance companies, providing home loan solutions to customers across the affordable housing and mass-market segments. With a robust presence across the country, Nido operates a large network of branches, serving over 800 talukas (sub-districts) in India, and currently manages an AUM of INR 4,804 Cr (approximately USD530M).

 

The transaction seeks to create a win-win opportunity for all stakeholders by bringing additional capital and operational expertise to better serve the affordable housing segment, predominantly in the rural and semi-urban markets in India, a key priority for the Indian government. Housing finance is an important pillar of India’s growth, underpinned by structural demand, policy support, and a deepening formal credit ecosystem. For Edelweiss, the partnership seeks to advance its objective of creating and unlocking value in its businesses, while reinforcing Nido’s growth momentum through the infusion of fresh growth capital. 

 

For Carlyle, the investment reflects its continued commitment to supporting India’s high-growth housing finance sector and builds on its more than two decades of deep expertise, operating capabilities and strong track record investing in India’s financial services sector, including in housing finance businesses such as PNB Housing Finance Limited (PNBHF) and Housing Development Finance Corporation (HDFC). Aditya Puri, Senior Advisor to Carlyle in Asia, and former CEO and Managing Director of HDFC Bank, will also participate as an investor, underscoring the strategic importance of the investment.

 

Rashesh Shah, Chairman & MD, Edelweiss, said: “The investment by Carlyle in Nido is a key milestone and brings in a high-quality, long-term partner to accelerate Nido’s next phase of growth. At a time when India’s housing finance sector is witnessing strong structural demand, supported by rising affordability and deeper access to formal credit, Nido is well-placed to participate meaningfully in this opportunity. I have deep respect for the financial services franchise that Carlyle has built over many years in India and am very excited that they will be partners to help Nido in its next stage of scale-up. Nido has built a strong, purpose-led franchise in affordable housing finance, and I am confident that this combination of strong leadership and capital will help accelerate expansion and create enduring value for all stakeholders.” 

 

Sunil Kaul, Partner and Asia Financial Services Sector Lead, Carlyle, said: “We are thrilled to partner with Edelweiss to support the next phase of Nido’s growth journey. Housing remains a critical national priority for India, and we have strong conviction in the growth potential of the housing finance industry. We are excited to build on our extensive experience in financial services and housing finance to help Nido scale its operations and serve the expanding needs of affordable housing segments in the rural and semi-urban markets. Additionally, we look forward to leveraging our operational experience to support Nido in strengthening its governance and risk management frameworks for long-term sustainable growth and success.”

 

Closing note: The transaction is subject to regulatory approvals of the Reserve Bank of India, National Housing Bank, Competition Commission of India, and other condition precedents customary to a transaction of this nature. AZB & Partners acted as legal advisors to Edelweiss, and Trilegal acted as legal advisor to Carlyle. Edelweiss will provide further updates in due course.

 

About Edelweiss Financial Services 

Edelweiss is a diversified financial services company with seven independent and well-governed businesses. The businesses include Alternative Asset Management, Mutual Fund, Asset Reconstruction, NBFC, Housing Finance, General Insurance and Life Insurance. The businesses have robust operating platforms, dedicated management teams and strong boards that ensure the highest standards of governance. Edelweiss employs nearly 6,000 people, serves around 1.3 Crore customers, and manages around INR 2,45,000 Crores worth of assets.

Edelweiss Financial Services trades under the symbols NSE: EDELWEISS, BSE: 532922, Reuters: EDEL.NS and EDEL.BO and Bloomberg: EDEL IS and EDEL IB. To learn more about Edelweiss, please visit www.edelweissfin.com.

 

Edelweiss Financial Services Limited Corporate Identity Number: L99999MH1995PLC094641 

 

Edelweiss Social media handle:

X: @EdelweissFin |  LinkedIn:  Linkedin.com/company/edelweissfin

 

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $477 billion of assets under management as of December 31, 2025, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,500 people in 27 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

 

For more details please contact:

 

Edelweiss

media.queries@edelweissfin.com

 

Concept PR

Archana Parthasarthy

+91 9920940003

archana@conceptpr.com 

 

 

 

 

 

 

 

Carlyle

Lonna Leong

+852 9023 1157

lonna.leong@carlyle.com

 

Adfactors PR 

Manibalan Manoharan

+91 9833949919

manibalan.manoharan@adfactorspr.com

Categories: News

Tags:

EQT Life Sciences co-leads USD 39 million Series A in Aerska to help systematically deliver RNA medicines to the brain

EQT Life Science

GettyImages-2166663226

  • Series A financing will be used to advance Aerska’s brain shuttle technology to improve the delivery of RNA interference therapeutics for neurological diseases
  • Financing was co-led by EQT Life Sciences from the LSP Dementia Fund, together with age1 and participation from laso Ventures, and alongside existing investors
  • Investment underscores EQT Life Sciences’ commitment to high-impact therapeutics and will support Aerska’s ambition to address a significant unmet need in neuroscience drug development

EQT Life Sciences is pleased to announce that the LSP Dementia Fund has co-led a USD 39 million Series A financing in Aerska, a biotechnology company leveraging brain shuttle technology to develop RNA medicines for neurological diseases. This brings Aerska’s total funds raised to-date to USD 60 million, building on its seed funding announcement in October 2025.

Proceeds from the Series A will support continued development of Aerska’s antibody-oligo conjugate (AOC) platform as it progresses towards the clinic, targeting neurological diseases through systemically delivered RNA interference (RNAi) therapeutics. Additionally, the funding will be used to advance its brain shuttle technology to improve delivery of RNAi therapeutics across the blood-brain barrier to treat a range of neurological diseases.

Aerska’s AOC platform is pioneering systemically delivered RNA medicines capable of reaching the brain to treat neurological diseases at their source. The platform uses proprietary “brain shuttle” technology to overcome the blood-brain barrier, a fundamental challenge that has historically limited RNA therapeutics in CNS diseases. This delivery approach is designed to enable intravenous or subcutaneous administration, achieving uniform and deep brain distribution with durable target gene knockdown, unlocking new therapeutic possibilities for neurological diseases.

Jack O’Meara, CEO & Co-Founder, Aerska, said: “The ability to systemically administer RNAi therapies to the brain unlocks a powerful new approach to treating neurodegeneration. Partnering with EQT Life Sciences further strengthens our path to the clinic as we work to translate this capability into meaningful therapies for the treatment of genetically driven forms of Alzheimer’s disease and other devastating brain disorders.”

Philip Scheltens, MD, PhD, Partner and Head of EQT’s LSP Dementia Fund, said: “For families facing diseases like Alzheimer’s, Aerska’s approach offers hope for preserving cognitive function and quality of life. The team’s strategy of upstream intervention, combined with a focus on the genetic forms of neurological disease, positions them to transform outcomes for populations who have been underserved by current therapeutic approaches. We really look forward to working alongside Aerska to help advance this groundbreaking platform.”

As part of the financing, Arno de Wilde, MD, PhD, MBA, Managing Director at EQT Life Sciences, Philip Scheltens, MD, PhD, Partner and Head of EQT’s LSP Dementia Fund at EQT Life Sciences, and Alex Colville, PhD, General Partner at age1, will join Aerska’s Board of Directors.

Contact

EQT Press Office, press@eqtpartners.com

Downloads

About EQT Life Sciences

EQT Life Sciences was formed in 2022 following an integration of LSP, a leading European life sciences and healthcare venture capital firm, into the EQT platform. As LSP, the firm raised over EUR 3.0 billion (USD 3.5 billion) and supported the growth of more than 150 companies since it started to invest over 30 years ago. With a dedicated team of highly experienced investment professionals, coming from backgrounds in medicine, science, business, and finance, EQT Life Sciences backs the smartest inventors who have ideas that could truly make a difference for patients. The LSP Dementia Fund (USD 297 million) started in 2020 and has a dedicated team of neurologists and neuroscientists focused on investing in therapeutics targeting neurodegenerative diseases.

For more information, go to https://eqtgroup.com/private-capital/life-sciences/

About Aerska

Aerska is a biotechnology company pioneering RNA medicines to treat, delay and prevent diseases of the brain. The company is leveraging advances in ‘brain shuttles’ to enable targeted delivery of next-generation RNAi therapeutics to the CNS. By silencing the genes that cause harm, Aerska aims to preserve the minds, protect the memories, and enable our loved ones to live longer, healthier lives. Aerska is headquartered in Dublin, Ireland, with research operations in London, UK. For more info, visit www.aerska.com.

Categories: News

Tags:

CapMan Real Estate acquires the Kristiansand Police Headquarters from Bane NOR Eiendom

Capman

The CapMan Social Real Estate fund (CMSRE), managed by CapMan Real Estate, has entered into an agreement to acquire the Kristiansand Police Headquarters from Bane NOR Eiendom.

The property comprises approximately 17,000 sqm across nine floors and forms a key part of Bane NOR Eiendom’s Quadrum development, a major urban transformation project on the former railway area adjacent to Kristiansand Station. Once characterised by disused tracks, a large parking area and outdated office premises, the site has been reimagined as a modern, sustainable and vibrant city district.

The groundwork for the development dates to 2011, when initial plans were submitted to the City of Kristiansand, accompanied by concept sketches developed together with renowned local artist Kjell Nupen (1955–2014). His vision was to transform the station area into a welcoming gateway to the city, defined by distinctive architecture and sweeping views towards the fjord and surrounding landscape.

Fund’s first investment in Norway

The CMSRE fund, launched in 2024, focuses on modern and sustainable essential societal infrastructure across Norway, Denmark, Sweden and Finland. The acquisition of the Kristiansand Police Headquarters marks the fund’s first investment in Norway and fully aligns with its strategy. The fund is managed by CapMan Real Estate, which has been investing in Norway through its other funds since 2017.

“The acquisition of the Kristiansand Police Headquarters brings the CMSRE fund’s portfolio value to over €250 million (GAV). This growth underlines both the pace at which the fund is developing and the continued investor confidence in high‑quality social infrastructure. We see this as a strong step forward in our long-term strategy and in strengthening our presence across Nordic markets”, says Robert Feldt, Fund Director of CapMan Social Real Estate fund.

About the Kristiansand Police Headquarters

The Kristiansand Police Headquarters comprises 17,000 square metres across nine floors and includes a wide range of specialised facilities designed to support the operational needs of modern emergency services. The property is located at Vestre Strandgate 55 in central Kristiansand and was completed in the summer of 2023. The main tenants include the Police, the Directorate for Civil Protection (DSB) and the Norwegian Directorate of Immigration (UDI).

The headquarters has been developed with a strong focus on environmental performance, incorporating sustainable materials and energy‑efficient solutions throughout the building. The property currently holds an EPC B rating, with a targeted upgrade to EPC A. In parallel, we are pursuing a BREEAM In‑Use Excellent certification, further reinforcing the asset’s strong sustainability credentials and our commitment to responsible asset management.

“With its central location and long‑term relevance, Kristiansand Police Headquarters aligns exceptionally well with the CMSRE fund strategy, which focuses on modern, sustainable assets that serve essential public functions. We are pleased to deepen our presence in Norway with an asset that aligns so clearly with our commitment to societal value creation and resilient real estate,” says Jens Henrik Larsen, Investment Director at CapMan Real Estate.

A new urban hub taking shape in Kristiansand

The police headquarters was completed in 2023 and, together with an office building partly occupied by Bane NOR, forms a robust foundation for approximately 1,000 workplaces within the Quadrum district. The area has attracted a strong mix of public and private tenants, including the Norwegian Directorate of Immigration (UDI), the Directorate for Civil Protection (DSB), Capgemini, KPMG and Rambøll. Its strategic location at the intersection of train, bus, ferry and road connections further strengthens its role as Kristiansand’s mobility hub. Quadrum’s final construction phase, Quadrum Port, is currently underway and comprises a hotel and office building totaling approximately 26,000 sqm.

“This sale represents a natural handover of the baton from a property developer to a long-term real estate owner. Quadrum is a flagship example of modern mobility hub development in Norway. With this transaction, we are ready to hand over the responsibility to a party like CapMan, who shares our commitment to society and sustainability,” says Morten Austestad, Executive Director of Property Development at Bane NOR Eiendom.

Contact information:

Jens Henrik Larsen, Investment Director, CapMan Real Estate, +47 950 34 844
Morten Austestad, Executive Director, Property Development, Bane NOR Eiendom, +47 974 74 983

About CapMan

CapMan is a leading Nordic private asset expert with an active approach to value creation and 7.1 billion euros in assets under management. As one of the private equity pioneers in the Nordics we have developed hundreds of companies and assets creating significant value for over three decades. Our objective is to provide attractive returns and innovative solutions to investors by enabling change across our portfolio companies. An example of this is greenhouse gas reduction targets that we have set under the Science Based Targets initiative in line with the 1.5°C scenario and our commitment to net-zero GHG emissions by 2040. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover real estate and infrastructure assets, real asset debt, natural capital and minority and majority investments in portfolio companies. We also provide wealth management solutions. Altogether, CapMan employs around 200 professionals in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo, London, Luxembourg, and Düsseldorf. We are listed on Nasdaq Helsinki since 2001. www.capman.com.

About Bane NOR Eiendom

Bane NOR Eiendom is Norway’s leading developer of mobility hubs and the owner, developer and manager of all railway property in the country. The company plays a key role in sustainable urban development by transforming station areas into efficient and attractive transport‑oriented districts. As a subsidiary of Bane NOR SF under the Norwegian Ministry of Transport, it manages around 1,000 buildings and 4,400 land plots across Norway, including all railway stations, stops and maintenance facilities.

Categories: News

Tags:

Schroders and Apollo to Deliver Next Generation Investment Solutions in Ambitious Multi-Channel Partnership

Apollo logo

Innovative partnership leverages the best of Schroders and Apollo to deliver improved client outcomes, with ambition to reach multi-billion-dollar annual flows across both new and existing clients

Apollo Global Management wordmark logo shown in green identifying the alternative asset management firm referenced in a joint announcement with Schroders regarding a strategic partnership to develop investment solutions for institutional and wealth management clients.

Schroders corporate logo displayed in blue, representing the global asset management firm referenced in the announcement outlining a strategic partnership with Apollo to develop next-generation investment solutions for institutional and wealth management clients.

LONDON and NEW YORK, Feb. 09, 2026 (GLOBE NEWSWIRE) — Schroders (LON: SDR) and Apollo (NYSE: APO) today announce a strategic partnership to develop a next generation of innovative wealth and retirement investment solutions aimed at enhancing client choice and outcomes.

The partnership brings together two global leaders, combining Schroders’ active management pedigree in public markets and specialist capabilities across private markets, through Schroders Capital, with the expertise of Apollo’s private markets platform focusing on complementary strengths.

Key initiatives include accelerating and deepening the firms’ offering in the UK wealth market, through the co-creation of new investment products blending public and private market fixed income exposures from across Schroders, Schroders Capital and Apollo. These will seek to provide enhanced income solutions for UK wealth clients, with improved diversification and excess return per unit of risk across the full credit spectrum. The first product is expected to launch later this year. In addition, Schroders will have the opportunity to allocate to Apollo from certain existing client portfolios, with a focus on capabilities that complement Schroders Capital and with the potential to improve client outcomes.

Meanwhile in the US, a Collective Investment Trust for the defined contribution pension market is being prepared for launch in Q2 2026, combining complementary exposures across Schroders Capital and Apollo.

The partnership reflects growing demand globally for hybrid solutions that harness the best of both public and private markets, to help meet growing savings and retirement needs. Successful market testing with potential clients, along with potential flows from existing clients, point to a multi-billion dollar per annum opportunity.

Schroders Group Chief Executive, Richard Oldfield, said:

“This partnership is highly complementary, delivering the best of Schroders and Apollo to deliver better outcomes for our clients. It has the potential to offer clients something truly different; innovative investment solutions with the potential to deliver robust, resilient returns, encompassing offerings across the wealth and retirement landscape in the UK and the US.

“We have always said that we would only pursue partnerships which enhance our existing offering and it is clear that this agreement with Apollo meets that criteria. We cannot wait to get started together.”

Apollo Global Management CEO, Marc Rowan, said:

“Schroders is a storied institution with deep investment expertise and a reputation for delivering excellent client outcomes. Our complementary capabilities can help address a large and growing societal need for reliable income solutions. Together we look forward to developing the next generation of hybrid products.”

Schroders is a $1 trillion+ asset manager with a deep heritage in public equities and fixed income, and with extensive private market capabilities through Schroders Capital, including across the universe of private debt and credit alternatives where the firm manages more than $38 billion on behalf of clients. In the UK wealth market, Schroders has established itself as a true market leader, spearheading the growth of LTAFs and evergreen structures that enable more investors to benefit from the robust returns and diversification benefits private markets can offer.

Apollo is a leading global asset management and retirement services business. It has approximately $908 billion of assets under management and operates one of the world’s largest alternative credit businesses with a significant focus on private investment grade credit origination.

For further information, please contact:

Andy Pearce
Head of Media Relations
+44 20 7658 2203
Andy.Pearce@Schroders.com

Jennifer Manser
Head of Corporate Communications and Business Management, North America
+1 (212) 632-2947
jennifer.manser@schroders.com

For Apollo:

Noah Gunn
Global Head of Investor Relations
+1 (212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
+1 (212) 822-0491
Communications@apollo.com / EuropeanMedia@apollo.com

Note to Editors

To view the latest press releases from Schroders visit: https://www.schroders.com/en/global/individual/media-centre/

Schroders plc

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions, with £776.6 billion (€906.6 billion; $1064.2 billion) of assets under management at 30 June 2025. As a UK listed FTSE100 company, Schroders has a market capitalisation of circa £6 billion and over 5,800 employees across 38 locations. Established in 1804, Schroders remains true to its roots as a family-founded business. The Principal Shareholder Group continues to be a significant shareholder, holding approximately 44% of the issued share capital.

Schroders’ success can be attributed to its diversified business model, spanning different asset classes, client types and geographies. The company offers innovative products and solutions through four core business divisions: Public Markets, Solutions, Wealth Management, and Schroders Capital, which focuses on private markets, including private equity, renewable infrastructure investing, private debt & credit alternatives, and real estate.

Schroders aims to provide excellent investment performance to clients through active management. This means directing capital towards resilient businesses with sustainable business models, consistently with the investment goals of its clients. Schroders serves a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.

Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority. For regular updates by e-mail please register online at www.schroders.com for our alerting service.

Schroders Capital
Schroders Capital provides investors with access to a broad range of private market investment opportunities, portfolio building blocks and customised private market strategies. Its team focuses on delivering best-in-class, risk-adjusted returns and executing investments through a combination of direct investment capabilities and broader solutions in all private market asset classes, through comingled funds and customised private market mandates. The team aims to achieve sustainable returns through a rigorous approach and in alignment with a culture characterised by performance, collaboration and integrity.

With $111 billion (£81 billion; €94.5 billion)* assets under management, Schroders Capital offers a diversified range of investment strategies, including real estate, private equity, secondaries, venture capital, infrastructure, securitised products and asset-based finance, private debt, insurance-linked securities and BlueOrchard (Impact Specialists).

*Assets under management as at 30 June 2025 (including non-fee earning dry powder and in-house cross holdings)

About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of September 30, 2025, Apollo had approximately $908 billion of assets under management. To learn more, please visit www.apollo.com.

Categories: News

Tags: