The latest from POLARIS
POLARIS celebrates its 10th Anniversary
Dear Friends and Business Partners,
We are proud to celebrate our 10th Anniversary with you.
We want to use this opportunity to express our gratitude for your trust, support and the many exciting conversations over the years.
We are curious to see what the world of alternative investments has in store for us over the coming 10 years.
POLARIS Investment Advisory AG offers access to Deerpath Capital's differentiated US direct lending strategy
In collaboration with Luxembourg-based LIS as AIFM, POLARIS Investment Advisory AG, as placement agent for Europe, is offering institutional investors a Reserved Alternative Investment Funds (RAIF) advised by an affiliate of Deerpath Capital Management, LP.
The strategy, implemented successfully for many years by Deerpath Capital, is based on direct lending to private equity sponsored, lower middle market-sized companies in the US. Avoiding loan defaults is at the heart of Deerpath’s activities. This is underpinned by a highly focused, conservative investment strategy based almost exclusively on senior secured loans.
3i announced final close of the 3i European Operational Projects Fund on €456 million
The 3i Group announced the final close of the 3i European Operational Projects Fund, with €456 million of commitments received from European and Asian investors, including a commitment of €40 million from 3i Group.
3i European Operational projects Fund, which is managed by 3i’s infrastructure team, invests in operational projects across Europe, with a focus on France, the Benelux, Germany, Italy and Iberia. It targets a wide range of sub-sectors, primarily social infrastructure and transportation, but also telecoms and utilities, excluding renewable energy projects. It aims to provide long-term yield to institutional investors. The Fund has already invested and committed to invest approximately €85 million in assets across Europe.
High-profile additions to the team: POLARIS Investment Advisory appoints Senior Advisory Board
POLARIS Investment Advisory AG, Zurich, has appointed Dr Hanspeter Bader, Baldomero Falcones, Dr Thomas Friese and Matthias Knab as Members of its Senior Advisory Board.
MidOcean Partners announces sale of Water Pik to Church and Dwight for approximately USD 1bn
MidOcean Partners announced that it has signed a definitive agreement to sell Water Pik, a leading innovator, marketer and distributor of branded oral health products and replacement showerheads, to Church & Dwight, a global producer and marketer of personal care, household and specialty products under the Arm & Hammer brand name and other well-known trademarks, for approximately USD 1bn in cash. The transaction is expected to close in the third quarter of 2017, subject to customary closing conditions and regulatory approvals.