Bridgepoint

We’re excited to share news from our colleagues at ECP (Energy Capital Partners), who have formed a $50 billion strategic partnership with KKR. This collaboration aims to advance critical infrastructure in data centres and power generation, meeting the demands of AI and cloud computing globally. This partnership leverages ECP’s experience as the largest private owner of power and renewable generation assets in the US, creating a robust solution for sustainable data centre growth. Read more below 👇

Last week, Rohit Dhote, Partner at Bridgepoint Credit, participated in an engaging roundtable discussion at With Intelligence’s European Private Markets Summit. The session, 'Gaining the Edge with New Private Debt Strategies,' explored how alternative approaches within private credit can unlock new opportunities in today’s evolving landscape. Rohit shared his views on the value of flexible, opportunistic strategies that pivot between private and public markets, as well as emerging value in niche asset-backed strategies, including royalties, aviation, and synthetic risk transfer (SRTs). According to Rohit, some of the most exciting changes are taking place in the innovation of private credit products, with growing LP demand for evergreen formats and semi-liquid solutions. Many thanks to the organisers and our peers involved for this valuable discussion. 

We’re excited to announce that Bridgepoint has partnered with Meristem Crop Performance, one of the fastest-growing crop input companies in North America. With its unique focus on biologicals, alternative market channel access and patented technology, Meristem has huge growth potential both in the US and internationally, as farmers recognise the substantial economic benefits of Meristem’s product portfolio. We look forward to utilising our sector experience and global network in agriculture to further accelerate Meristem’s growth. Watch the video below to hear from Meristem’s Founder and CEO Mitch Eviston, President Rob McClelland and Bridgepoint’s Rupprecht Pranckh on how we’ll be unlocking significant growth opportunities for the company, including its expansion into key new markets. Congratulations to the BE team who worked on this transaction including Héctor Pérez, Rupprecht Pranckh, Juan de Arteche, Sebastian Kirwan, Krystyna Liakh and Gabriella LoGiudice. Read more about today’s announcement here: https://lnkd.in/eAxEjZbB

We are pleased to announce that Bridgepoint has financed the management buyout of Condatis, a UK-based leader in digital identity and access management solutions. With expertise in Microsoft’s Entra identity access suite and a strong reputation in the ‘Zero Trust’ security model, Condatis is perfectly positioned to capitalise on growing demand for advanced cybersecurity solutions. This investment will support the company's ambitious growth plans, including expanding its service offering and scaling operations. We look forward to working closely with Condatis to support its next phase of growth and deliver value to its clients across both public and private sectors. Congratulations to the Bridgepoint Growth team who worked on this transaction, including Duncan Calam, Joshua Hay and Carly Sinicrope. Read more about the news here: https://lnkd.in/etEHfSQT

We were pleased to be lead sponsor of the Private Debt Investor Germany Forum 2024 in Munich this week. Speaking as part of the keynote panel, Andrew Cleland-Bogle, Partner and Head of Direct Lending at Bridgepoint Credit, shared his views on private credit's ‘golden moment’. According to Andrew, the outlook for European direct lending remains bright, with deal volumes experiencing a strong pick up in the first half of this year. We enjoyed reconnecting with our investors and fellow industry leaders at the summit, exchanging ideas on the evolving opportunities within the private credit landscape. #PDI #PrivateCredit #DirectLending Andrew Cleland-Bogle Dawit Johannes Simon T. C.

We are pleased to announce our reinvestment in Kyriba, the global leader in liquidity performance solutions, following a period of record growth for the business. Bridgepoint will remain the majority shareholder, while welcoming a new minority investor, General Atlantic, in a transaction valuing the business at over $3 billion. With Bridgepoint’s support over the last five years, Kyriba has tripled its software revenue, serving nearly 3,000 customers across 170 countries. As the business enters a new phase of its growth journey, Bridgepoint will work alongside the management team and General Atlantic to reinforce Kyriba’s market leadership and deliver world-class solutions to finance leaders globally. 🌍💡 Watch the video below to find out from Kyriba’s CEO, Melissa Di Donato, and Bridgepoint’s David Nicault and Baptiste Fournier on how we'll be working together. Congratulations to the BE team who worked on this transaction including David Nicault, Baptiste Fournier, Chris Devereux, Gabor Pelczer, Jacob Ast, William Sihver and Annick Isabel Swinka. Read more about today’s announcement here: https://lnkd.in/eqcm7pnP

We recently hosted our own Inclusion Week, a global series of events to profile the diversity of thought and backgrounds within our teams and spotlight the charitable work that Bridgepoint undertakes in local communities. Highlights included:    💭 Dialogues around inclusion, from a colleague panel discussion on balancing work and parental responsibilities, to Inclusive Leadership Training workshops designed to build the skills needed to cultivate high-performing teams   🏅 Hosting double Olympic gold medallist Dame Kelly Holmes for an engaging Q&A event with our Director, Head of Investor Reporting, Oliver Smiddy. Reflecting on her life and career in the military and athletics, Dame Kelly shared insights on nurturing an environment in which everyone can succeed, regardless of background   🤝 Collaborating on a workshop with Kadim Tas, CEO of JOBLINGE, a non-profit organization committed to helping young adults from diverse backgrounds overcome structural challenges and enter the job market. Our colleagues in Frankfurt had the privilege of meeting young people from the programme, offering advice and support as they prepare for their careers. Special thanks to Emily Siemens (neé Fricke) Chido Mutasa and Carsten Kratz for their organisation of this event   🌱 Sponsoring a charity football tournament with Football Beyond Borders, a charity working to transform the lives of disadvantaged children and young adults by harnessing their passion for sport and supporting their journey through education. Organised by Edward Appleton and Ellie Speed, the tournament gathered peers and advisors from across our industry, raising £20,000 for the charity   🌟Undertaking meaningful volunteering initiatives within local communities. Lily Amyot and our IT team organised the donation of 100+ Microsoft Surface Pro devices as part of ongoing volunteering work with local schools, ensuring students have the technology needed for their education. Elsewhere, our Credit team volunteered through the Marble Arch London BID, helping renovate local community gardens and support residents of a nearby hospice, with thanks to Katie Cotterell and Anna Monk for organising   Thank you to all of our many colleagues who got involved, and who continue to make Bridgepoint an exceptional place to work and thrive, regardless of background.   Rachel Thompson Edouard G. Emma Watford Kaja Wilmanska Philip O Leary Ruth Bailie Eva Maria Grossmann (Assoc CIPD)Christopher Brackmann Maximilian Harr Stefan Zobel Philipp Wieschalka Malisa P. Christian von Schoenberg Maximilian von Rhein Moritz Jacoby Astrid Buhmann David Holzmann Nigela Houghton Jose Ferrero Archna Sangha Bhavik Raiyarela ACCA Affiliate, CFA Eleanor Todd, ACA Alina Lui Oliver Collett Riccardo Maldarelli

We were pleased to co-host a networking event yesterday evening in Paris, bringing together women in healthcare investing, in partnership with European Healthcare Investor Association (E.H.I.A.), Level 20 and Marwood Group. A highlight of the evening was an engaging panel discussion on the trends shaping the healthcare industry today, with insightful contributions from Anne-Sophie Moinade, Director at Bridgepoint. It was great to see so many inspiring women investing in healthcare and we look forward to building on these connections and conversations in the future. #healthcare #investing #lifesciences 

Congratulations to Kerv on its exciting new acquisition of Inciper! By joining forces with this leading Microsoft Dynamics consultancy, Kerv is significantly enhancing its capabilities in delivering large-scale digital transformation solutions for its clients, continuing its impressive growth trajectory with support from Bridgepoint. Robin Lawson, Partner at Bridgepoint Development Capital, said: “Inciper is a highly complementary first acquisition for Kerv since our investment earlier in 2024, enhancing its specialist capabilities within the high-growth dynamics and data space. Inciper’s expertise will allow Kerv to continue winning large and complex transformations, further positioning the business as a leading digital transformation partner in the UK.” Read more about today's news here: https://lnkd.in/eaKJsHCf

We’re pleased to announce that we have successfully priced Bridgepoint CLO VII, a new issue vehicle totalling €400 million, in our second European CLO transaction of 2024. This new CLO comes off the back of strong investor demand and represents another key milestone in Bridgepoint’s continued expansion as one of Europe’s most experienced credit managers. This transaction brings Bridgepoint’s cumulative CLO issuance to €2.6 billion, as part of a wider Credit platform with more than €12 billion of assets under management in corporate credit across the risk/reward spectrum. Read more about the news here: https://lnkd.in/ebAHW4fP