Archives

Jacob Wallenberg Jr proposed as new Board member of EQT AB

eqt

DSC00082

EQT AB (“EQT” or the “Company”) today announces that the Company’s Nomination Committee has proposed Jacob Wallenberg Jr as a new Board member of EQT. The proposal is subject to approval at EQT’s Annual Shareholders’ Meeting on 27 May 2025.

Jacob Wallenberg Jr is currently Vice President of People & Talent at New York-based Ramp, leading the People function for the fintech unicorn, which employs over 1000 people globally. Jacob studied Economics at the Wharton School of the University of Pennsylvania, before beginning his career at McKinsey & Company and going on to work at a number of technology firms in the US.

Conni Jonsson, Chairperson of the EQT Board and member of the Nomination Committee, comments: “Jacob brings fresh perspectives to the Board – he comes from a younger, more technologically progressive generation and has direct experience from scaling fast-growth technology companies internationally. This diversity ensures that we have a range of complementary viewpoints at the table, which enables the Board to have a better understanding of the world in which we operate and therefore make better decisions. I’m also pleased that the appointment extends the relationship between EQT and the next generation of the Wallenberg family.”

Jacob Wallenberg Jr adds: “I’m very excited to have the opportunity to join the EQT Board. I’ve followed EQT and its impressive growth for a long time, and I hope to be able to contribute directly to its future success, working closely with the Board.”

The Nomination Committee’s complete proposals for EQT’s 2025 Annual Shareholders’ Meeting will be included in the meeting notice and detailed in the Nomination Committee’s Motivated Opinion. Both documents will be published on EQT’s website in advance of the Annual Shareholders’ Meeting. The proposal of Jacob Wallenberg Jr’s is subject to approval at EQT’s Annual Shareholders’ Meeting on 27 May 2025 and regulatory approvals.

Contact
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 33

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 almost 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 EUR ‌​​269 billion in total assets under management (EUR ‌​​‌136 billion in fee-generating assets under management), 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 Instagra

Downloads

Categories: People

Blackstone Announces SEC Effectiveness for Private Multi-Asset Credit and Income Fund (BMACX)

Blackstone

NEW YORK – March 10, 2025 – Blackstone (NYSE: BX) announced today that the Blackstone Private Multi-Asset Credit and Income Fund (BMACX) has been declared effective by the U.S. Securities and Exchange Commission.

This marks a significant milestone for BMACX, which will aim to provide individual investors a one-stop, private multi-asset credit solution designed to access strategies across Blackstone’s $453 billion credit platform through an interval fund structure. BMACX will invest across private corporate credit, asset based and real estate credit, structured credit and liquid credit.

BMACX builds on Blackstone’s leadership position delivering private credit solutions to individual investors, with dedicated vehicles focused on direct lending available since 2018.

Gilles Dellaert, Global Head of Blackstone Credit & Insurance: “BMACX brings the full power of Blackstone’s credit platform to investors in a single fund. This multi-asset approach creates a core portfolio building block to tap into the expanding private credit markets, which we believe can offer enhanced yield with less volatility than traditional fixed income.”

Joan Solotar, Global Head of Private Wealth Solutions: “With this innovative product, BMACX further expands our private credit investment solutions tailored for individual investors. Now, alongside our suite of private equity, infrastructure and real estate strategies, Blackstone can be a one stop solution for advisors seeking comprehensive alternative investment opportunities.”

Heather von Zuben, Chief Executive Officer of BMACX: “We have designed BMACX to have daily subscriptions through an interval fund structure, with low investment minimums and capital invested immediately. We believe this creates an investor friendly way to access a wide variety of credit opportunities.”

Blackstone expects BMACX to be available for purchase in the second quarter of 2025.

About Blackstone Credit & Insurance 
Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset-based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.

About Private Wealth Solutions
Private Wealth Solutions was established to answer the growing demand for Blackstone products from high-net worth investors. Partnering with many of the world’s largest private banks and wealth management firms as well as family offices, Blackstone’s Private Wealth Solutions team packages and delivers the full breadth of Blackstone’s alternative product capability to these firms and their clients and provides ongoing product and advisor support, as well as education and training around alternatives.

Forward-Looking Statements
Certain information contained in this communication constitutes “forward looking statements” within the meaning of the federal securities laws. These forward-looking statements can be identified by the use of forward-looking terminology, such as “outlook,” “indicator,” “believes,” “expects,” “potential,“ “continues,” “may,” “can,” “will,“ “could,” “should,” “seeks,” “approximately,” “predicts,“ “intends,” “plans,” “estimates,” “anticipates”, “confident,” “conviction,“ “identified” or the negative versions of these words or other comparable words thereof.

These may include financial estimates and their underlying assumptions, statements about plans, objectives and expectations with respect to future operations, statements regarding future performance, statements regarding economic and market trends and statements regarding identified but not yet closed investments. Such forward-looking statements are inherently subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in such statements. BMACX believes these factors also include but are not limited to those described under the section entitled “Risk Factors” in its prospectus, and any such updated factors included in its periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this document (or BMACX’s prospectus and other filings). Except as otherwise required by federal securities laws, BMACX undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

This press release must be read in conjunction with the BMACX prospectus in order to fully understand all the implications and risks of an investment in BMACX. This press release is neither an offer to sell nor a solicitation of an offer to buy securities. An offering is made only by the prospectus, which should be read carefully before investing and is available at www.bmacx.com.  Before investing you should carefully consider BMACX’s investment objectives, risks, charges and expenses.  This and other information is in BMACX’s prospectus.

An investment in the Fund involves a high degree of risk. There is no assurance that the Fund will achieve its investment objectives.  An investment in the Fund is suitable only for investors who can bear the risks associated with limited liquidity.  Shares of the Fund are not listed on any securities exchange and the Fund does not expect any secondary market will develop for the shares. The Fund intends to utilize leverage and may utilize leverage to the maximum extent permitted by law for investment and other general corporate purposes, which will magnify the potential for loss on amounts invested in the Fund. Please see the prospectus for details of these and other risks.

The Fund is distributed by Blackstone Securities Partners L.P. BMACX is a newly formed investment company with no operating or performance history that shareholders can use to evaluate the Fund.

Contact
Thomas Clements
Thomas.Clements@blackstone.com
(646) 482-6088

Categories: News

Bridgepoint successfully prices Bridgepoint CLO VIII, its first new issue European CLO of 2025

Bridgepoint

London, 10 March 2025– Bridgepoint Credit has successfully priced Bridgepoint CLO VIII (“CLO VIII”), a new Collateralised Loan Obligation (CLO) vehicle totalling €405 million. This transaction marks Bridgepoint’s first new issue European CLO of 2025 and, following the recently announced pricing of the reset of Bridgepoint CLO IV, continues the strong start to 2025 for the strategy.

Commenting on the transaction, John Murphy, Partner and Head of Syndicated Debt, said: “We are delighted to successfully price our second CLO transaction of 2025.  We are grateful for the continued support from our investors which demonstrates their confidence in our platform and our approach to CLO management.”

With more than €12 billion of assets under management in corporate credit across the risk/reward spectrum, Bridgepoint Credit is one of Europe’s most experienced credit managers. It focuses on three complementary investment strategies: Direct Lending, Credit Opportunities and Syndicated Debt.

Bridgepoint Group is one of the world’s leading quoted private asset growth investors, specialising in private equity, infrastructure and private credit.

With over $75 billion of assets under management and a strong local presence in Europe, North America and Asia, we combine global scale with local market insight and sector expertise, consistently delivering strong returns through cycles.

Bridgepoint Advisers Limited, a subsidiary of Bridgepoint Group plc, is authorised and regulated by the Financial Conduct Authority.

Categories: News

Tags:

Ardian announces sale of stake in LBC Tank Terminals to Mitsui O.S.K. Lines (MOL)

Ardian

Ardian invested in LBC in 2017, alongside APG and PGGM as co-shareholders
• LBC is one of the world’s largest independent chemicals focused storage businesses with total storage capacity of c. 3.3 million m³*
• Ardian supported LBC through a major phase of growth and through achieving industry leading safety and sustainability performance.

Ardian, a world-leading private investment house, today announces the sale of its 35% stake in LBC Tank Terminals (“LBC”), to MOL**, a leading multi modal shipping company operating a fleet of 900 vessels and variety of social infrastructure businesses. As part of the transaction, APG***  and PGGM****  are also selling their stakes.

LBC is one of the world’s largest independent chemicals focused storage businesses. They own and operate seven state-of-the-art and flexible storage terminals at locations in the United States (Houston, Baton Rouge, Freeport) and Europe (Antwerp, Rotterdam), offering loading and unloading services for various transportation modes such as pipeline, vessel, barge, rail tank car and truck. Their total current storage capacity accounts for 3.3* million m³ strategically located at major chemical production hubs and connected to vital chemical processing plants via pipeline infrastructure networks.

Ardian’s Infrastructure team has been supporting the company’s developments since 2017. During the partnership, LBC improved operations and safety as well as its sustainability performance to reach industry leading performance as recognized by its Platinum EcoVadis rating and 5-star GRESB rating. Building on available landbank, LBC also completed significant expansion under Ardian ownership with capacity growing by 63% since its acquisition, and new projects being developed across chemical and new energies storage. These expansion projects allowed LBC to strengthen its capabilities and address the rising demand for storage facilities capable of handling a broader array of new energy products.

“We are delighted to have had the opportunity to work with LBC and its management team. We have supported the company for more than 7 years, through impressive capacity growth, achieving industry leading safety and sustainability performance.” Simo Santavirta, Head of Asset Management Infrastructure & Senior Managing Director, Ardian

“LBC has grown into a partner of choice for sustainable storage solutions. As a connected operator in current and future logistic networks, LBC is a relevant player in the energy transition. We wish LBC and MOL every success for the companies’ exciting future.” Daniel von der Schulenburg, Head of Infrastructure Germany, Benelux & Northern Europe & Senior Managing Director, Ardian

*Including projects under construction
**Mitsui O.S.K. Lines Ltd
***Stichting Depositary APG Infrastructure Pool 2011, An investment fund managed by APG Asset Management, the investment- and asset manager of ABP, the largest pension fund in the Netherlands.
****Stichting Depositary PGGM Infrastructure Funds, A wholly-owned subsidiary of PGGM, a Dutch pension fund cooperative, managing the pension investments for PFZW, the Dutch health care pension scheme with three million participants.

List of participants

  • Ardian

    • Ardian: Simo Santavirta, Daniel von der Schulenburg, Mark Voccola, Philippe Tallon, Kevin Rohde, Nicolas Dixneuf, Charles Adrien Calvet

ABOUT ARDIAN

Ardian is a world-leading private investment house, managing or advising $177bn of assets on behalf of more than 1,850 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients’ differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian’s main shareholding group is its employees and we place great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 20 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility.
At Ardian we invest all of ourselves in building companies that last.

ardian.com

Media Contacts

ARDIAN

HEADLAND

ardian@headlandconsultancy.com 

Categories: News

Tags:

Ardian provides financing to support IK Partners’ investment in Dains Accountants

Ardian

Ardian, a world-leading private investment house, today announces a new Private Credit Financing package, comprising Unitranche and Committed Acquisition Facilities, to support IK Partners’ (“IK”) acquisition of Dains Accountants (“Dains”), a leading accountancy and advisory services business in the UK and Ireland.

Founded in 1926, Dains has established itself as an industry leader, providing audit, tax, payroll, accounts, corporate finance, and other services to its core of predominantly SME clients across the UK and Ireland.  The firm has demonstrated a strong track record of historic organic growth, complemented by ten strategic acquisitions that have together broadened Dains’ already diverse client base to over 17,000 and its employee base to over 700 FTEs.

“Dains Accountants is a leader in providing business critical services to a granular and diverse base of growing SME clients. This represents Private Credit’s third investment into the European accountancy and related advisory services space, a sector underpinned by highly defensive qualities and significant further headroom for organic and M&A expansion.  We look forward to supporting Dains’ continued growth and we are pleased to be backing IK Partners once again.” Stuart Hawkins, Head of Private Credit UK & Managing Director, Ardian

Ardian has a 20-year track record in the Private Credit market, making it one of Europe’s longest-established private credit investors.  With offices in major financial hubs across Western Europe, the Private Credit team adopts a multi-local approach in partnering with private equity houses and management teams of high-quality companies who are targeting the next phase of business growth.  This investment comes amidst a strong period of investment activity for Ardian’s Private Credit team.

List of participants

  • Participants

    • Ardian: Stuart Hawkins, Saam Serajian-Esfahan, Sana Mehta

ABOUT ARDIAN

Ardian is a world-leading private investment house, managing or advising $177bn of assets on behalf of more than 1,850 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients’ differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian’s main shareholding group is its employees and we place great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 20 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility.
At Ardian we invest all of ourselves in building companies that last.

ardian.com

Media Contacts

ARDIAN

HEADLAND

ardian@headlandconsultancy.com

Categories: News

Tags:

Mubadala Completes the Sale of its stake in Calisen, a Leading Provider of Smart Meters and Energy Transition Infrastructure in UK

Mubadala

Mubadala has successfully completed the sale of its indirect stake in Calisen, the UK’s leading provider of smart meters and small-scale energy transition infrastructure assets.

calisen-smart-meter

Abu Dhabi, March 10, 2025: Mubadala has successfully completed the sale of its indirect stake in Calisen, the UK’s leading provider of smart meters and small-scale energy transition infrastructure assets.

The sale marks the end of a four-year investment cycle during which Mubadala, alongside partners, Global Infrastructure Partners (GIP), a part of BlackRock, and the infrastructure business at Goldman Sachs Alternatives, worked closely with Calisen to deliver strong financial and commercial performance. In addition, Mubadala has supported Calisen’s expansion capabilities to unlock new growth opportunities including electric vehicle (EV) charging, the electrification of heating, solar, and battery solutions, deepening Calisen’s role in the UK’s energy transition.

A key milestone in this journey was Calisen’s 2023 acquisition of MapleCo, a high-quality UK smart metering company owned by Equitix, which is now part of the shareholder group, strengthening Calisen’s market position. With an installed base of 16 million meters, the company is well-positioned to capitalize on market trends underpinned by the ongoing energy transition as the UK advances in its journey to achieving net zero by 2050.

Saed Arar, our Head of Infrastructure, said: “Over the past four years, we’ve been proud to support Calisen as the business executed its long-term growth strategy. The success of this investment comes from selecting the right partners and business to support, and implementing active management initiatives that were accretive to returns, de-risked the investment, and positioned Calisen well for an attractive exit. This transaction aligns with our approach of capturing value through well-timed and strategic exits, while ensuring that Calisen is well-positioned for its next phase of growth.”

Categories: News

Tags:

TINC welcomes Infravest, a strategic cooperation between Gimv, WorxInvest and Belfius, as a partner for its growth ambitions

GIMV

Green light for Infravest, a strategic cooperation between, WorxInvest and Belfius

On September 19th, 2024, an agreement was announced that WorxInvest would acquire half of the interest of Gimv NV in Infravest NV. Infravest NV – incorporated as a 100 % subsidiary of Gimv – is with 21,32 % the largest shareholder of TINC NV and is also the indirect shareholder of TINC Manager NV, de statutory director of TINC NV. As part of this transaction, Gimv NV and Belfius NV would also contribute their respective interest in TDP NV, the joint venture incorporated by Gimv and Belfius to develop and manage a wide variety of infrastructure assets, in Infravest NV. The transaction was subject to the usual conditions precedent including approval by the relevant authorities.

All regulatory consents have now been obtained, allowing for the strategic cooperation to start. Going forward, WorxInvest and Gimv will each hold a 40,8 % interest in Infravest NV, with Belfius holding a minority interest of 18,4 %.

Infravest NV fully supports as a long-term shareholder the growth ambitions of TINC at a time that the demand for infrastructure investments is stronger than ever.

Categories: News

Tags:

Gullimex attracts investor Holland Capital for further growth

Holland Capital

Borne / Amsterdam,  10th of March 2025 – Investment firm Holland Capital is investing in Gullimex, a strong player in measurement, quality, and control solutions within the food and medical sectors. Holland Capital’s investment provides Gullimex the opportunity to realize its growth ambitions.

Growing quality standards

The importance of food safety, patient safety, and hygiene continues to grow in a market characterized by increasingly stringent regulations and rising expectations regarding quality and efficiency. Gullimex supports businesses and institutions in navigating this dynamic and demanding environment, optimizing their processes through its role as an advisor, premium brand supplier, and service partner.

Gullimex ensures consistent quality measurements, optimal hygiene, and safe production within mission-critical processes. The company achieves this through an integrated combination of hardware, software, and services, providing customers with solutions that directly address the specific needs and challenges of the food and medical sectors.

Investment for growth 

Gullimex aims to become the leading European provider of measurement, quality, and control solutions, leveraging data to create value for the food and medical industries. With Holland Capital’s investment, the company can achieve its growth ambitions both organically and through strategic acquisitions.

Maarten Snijders, Investment Director AgriFood-Tech at Holland Capital, said: “We are proud to support Gullimex in achieving its ambitions. As an investor with years of experience in Tech, AgriFood, and Healthcare, we aim to contribute to Gullimex’s international growth and its mission to create even more value for all its partners.”

Lucien Kwakkel, CEO of Gullimex, added: “We value Holland Capital as a strategic partner that not only invests in our growth but also actively supports us with expertise, experience, a strong network, and a hands-on mentality. Thanks to their experience and vision, we can further strengthen our position in key markets and accelerate our ambitions both nationally and internationally.”

About Gullimex

Founded in 1981, Gullimex supports a large customer base within the food and medical sectors with measurement and data recording solutions. The team of 60+ experts is active in the fields of food safety, patient safety, and hygiene. Gullimex has offices in the Netherlands, Belgium, and Germany.

About Holland Capital 

For over 40 years, Holland Capital has been responsibly and successfully investing in promising Dutch and German SMEs with growth ambitions. The team understands entrepreneurship and strives for an open, sustainable, and professional relationship with the management teams of the companies in which it invests, with the common goal of achieving growth. Holland Capital has offices in Amsterdam and Düsseldorf. With its specialized sector teams, the firm focuses on Healthcare, Technology, and AgriFood-Tech. It understands the dynamics and opportunities within these sectors and has an extensive network.

Categories: News

FairJourney Biologics Acquires Charles River Laboratories South San Francisco Facility

GHO Capital
  • Acquisition of Charles River site, previously Distributed Bio, strengthens antibody discovery capabilities with SuperHuman libraries and Yeast Display platform
  • Established presence in major North American biotechnology cluster extends FairJourney’s global reach

London, UK – Global Healthcare Opportunities, or GHO Capital Partners LLP (“GHO”), the European specialist investor in global healthcare, acknowledges the announcement from its portfolio company FairJourney Biologics regarding its acquisition of the South San Francisco site from Charles River Laboratories International, Inc.

FairJourney Biologics S.A., leaders in the discovery and optimisation of antibodies, announced that it had completed the acquisition of the South San Francisco site from Charles River Laboratories International, Inc. The acquisition aligns with FairJourney’s ongoing strategic growth plan, and will significantly bolster the Company’s antibody discovery and engineering capabilities, strengthening its technology portfolio and expanding its global presence with a key biotechnology hub in the US.

The acquisition of the South San Francisco site, formerly Distributed Bio, will transfer ownership of all facilities, staff and assets to FairJourney Biologics, including proprietary technologies such as the SuperHuman™, Cosmic™ and Tungsten™ libraries. By integrating these libraries within FairJourney’s own portfolio of antibody discovery technologies, the Company will offer customers a more diverse array of antibody discovery tools, and bring new antibody engineering solutions to its portfolio. Under the agreement, FairJourney will also acquire Charles Rivers’ Yeast Display method, allowing the Company to offer an expanded antibody discovery platform that can complement and enhance existing offerings.

South San Francisco hosts one of the world’s largest biotech clusters. Establishing facilities in this region forms a core part of the Company’s ongoing development strategy, strengthening its reach and physical presence in a major global market. The acquisition will provide customers in this region with a localised source of expertise and technical support, helping them to accelerate their antibody discovery and engineering pipelines. The deal will also enable FairJourney to leverage the industry-leading scientific expertise of the South San Francisco team, promoting new opportunities for collaborative projects, both internally and with leading global biotech and pharmaceutical companies.

“We’re pleased to announce this strategic acquisition that will bring the exceptional team at Charles River’s South San Francisco site, as well as their cutting-edge technologies, into FairJourney. Said António Parada, CEO, FairJourney Biologics. He continued: “By combining our expertise, we not only strengthen our portfolio with powerful solutions such as the SuperHuman Libraries, but also enhance our ability to deliver innovative solutions to our partners. Working together, we can push the boundaries of antibody discovery and set new industry standards.”

About GHO Capital:
Global Healthcare Opportunities, or GHO Capital Partners LLP, is a leading specialist healthcare investment advisor based in London. GHO Capital applies global capabilities and perspectives to unlock high growth healthcare opportunities, targeting Pan-European and transatlantic internationalisation to build market leading businesses of strategic global value. GHO Capital’s proven investment track record reflects the unrivalled depth of our industry expertise and network. GHO Capital partners with strong management teams to generate long-term sustainable value, improving the efficiency of healthcare delivery to enable better, faster, more accessible healthcare. For further information, please visit www.ghocapital.com.

 

About FairJourney Biologics
FairJourney Biologics is a leading biologics CRO, providing integrated services across antibody discovery, engineering and production to global biopharma. Founded in 2012 and headquartered in Porto, FairJourney has grown to over 90 highly technically skilled employees today. The Company operates a flexible, customer-oriented ‘one-stop shop’ approach to biologics development focused on quality, reliability and partnership. FairJourney has successfully completed more than 460 projects for over 70 customers across big pharma and leading biotech companies to date. The Company’s significant expertise in phage display technology, combined with a diverse approach to generating both immune and naïve antibody libraries have contributed to a market leading 99%+ project success rate. For further information, please visit www.fjb.pt.

Categories: News

Tags:

Warburg Pincus, SK D&D, and D&D Investment Establish Partnership to Invest in Senior Housing in South Korea

No Comments
Warburg Pincus logo
  • The partnership is well-positioned to meet the evolving needs of South Korea’s aging population through innovative and high-quality senior housing developments.
  • Leveraging Warburg Pincus’ global resources and deep experience in the living sector, as well as SK D&D’s strong local presence and expertise in development and operations, the partnership is poised to capture the opportunities in the emerging senior housing sector in South Korea.
  • This marks Warburg Pincus’ first investment in the living sector in South Korea. 

Seoul, March 10, 2025 – Warburg Pincus, the pioneer of private equity global growth investing, SK D&D, one of South Korea’s largest multifamily operators and developers, and D&D Investment, the subsidiary asset management arm of SK D&D, today announced that they have signed a joint agreement to invest in the senior housing market in South Korea. This partnership will focus on acquiring and developing senior housing for the senior population in the Greater Seoul Area.

The venture is seeded with three high-quality, strategically located assets in Seoul’s most amenitized districts, catering to the rapidly growing elderly population. The first project, situated in Bangbae-dong, Seocho-gu, within Seoul’s core Gangnam residential district, will be developed into a 12-story high-end assisted living facility spanning over 10,000 square meters. Construction is scheduled to begin in early 2026, with completion targeted for 2028. The other two assets are already in operation, providing well-established infrastructure with convenient access to nearby hospitals and amenities.

The partnership with SK D&D and D&D Investment marks the third venture in South Korea through Warburg Pincus Asia Real Estate Fund, following the partnership with Wide Creek Asset Management to focus on new economy real estate; and QUBE, its joint venture with MQ logistics to focus on modern logistics warehouses.

Takashi Murata, Managing Director, Co-Head of Asia Real Estate and Head of Japan at Warburg Pincus, said, “We have built a high conviction that the senior housing market in South Korea presents tremendous opportunities, fueled by the shifting demographics and a growing aging population. In 2024, South Korea has officially become a super-aged society, with individuals aged 65+ representing 20% of the population, amid a significant shortage in both the quantity and quality of senior housing options. Meanwhile, the South Korean government has proactively introduced supportive policies and measures to bolster the senior housing market in recent years, providing a significant tailwind to this nascent industry. We are pleased to partner with SK D&D and D&D Investment to foray into the senior housing market in South Korea and look forward to leveraging our respective expertise and resources to capture the opportunities.”

Kim Do-hyun, CEO of SK D&D, said, “We’re excited to embark on this journey with Warburg Pincus to capitalize on the growing demand for high-quality senior housing facilities in South Korea. Leveraging our strong local presence and expertise in development and operations, as well as Warburg Pincus’ deep platform-building experience and operational expertise in the living sector, we believe the strategic partnership is poised to create leading players in this emerging sector by addressing the evolving needs of the aging population through innovative and high-quality senior housing developments.”

Warburg Pincus began investing in Asia real estate in 2005. Today, it has become one of the largest and most active investors in the region, with over US$9 billion invested in more than 50 real estate platforms and ventures. As a leading investor in the for-rent living sector in Asia, Warburg Pincus has partnered with best-in-class local operators, building significant depth in this sector. Upon completion, its managed portfolio will encompass over 140,000 rooms across multiple platforms and ventures.

About Warburg Pincus

Warburg Pincus LLC is the pioneer of private equity 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 $87 billion in assets under management, and more than 220 companies in their active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,000 companies across its private equity, real estate, and capital solutions strategies.

Warburg Pincus began investing in Asia real estate in 2005. Today, it has become one of the largest and most active investors in the region, with over US$9 billion invested in more than 50 real estate platforms and ventures. The firm is a pioneer of platform investing and has co-founded or sponsored some leading platforms alongside best-in-class entrepreneurs such as ESR, DNE, Vincom Retail, BW Industrial, Princeton Digital Group, Weave Living, and StorHub.

About SK D&D

SK D&D is a comprehensive real estate developer engaged in commercial and residential projects, asset management, and investments in South Korea. SK Discovery and Han & Company participate in joint management. Its subsidiary, D&D Investment (DDI), is a wholly owned asset management firm specializing in real estate investment, while D&D Property Solutions (DDPS) focuses on property management and operations.

About D&D Investment

D&D investment is an asset management subsidiary of SK D&D, established in January 2018. Since its inception, the company has experienced rapid growth and currently manages real estate development projects and assets totaling approximately KRW 4 trillion. Leveraging synergies with SK D&D, DDI has strengthened its market competitiveness, focusing on development REITs. Additionally, to expand its investor and strategic spectrum, the company listed D&D Platform REITs in August 2021, further extending its presence into the public market.

Media Contact

Warburg Pincus

Lisa Liang

Senior Vice President, Asia Head of Marketing and Communications, Warburg Pincus

lisa.liang@warburgpincus.com

Back To News

Categories: News

Tags: