The projects, with combined capacity of 789MW / 1,628MWh, are under construction across Germany and are expected to become operational by 2028. Around 70% of the capital structure will be financed through debt. The transaction marks AllianzGI's first direct equity investment in a utility-scale battery storage portfolio. The assets were developed by Kyon Energy, a TotalEnergies subsidiary, and TotalEnergies will remain operator. The deal reflects growing institutional appetite for grid-scale storage, as Germany accelerates renewable deployment and seeks greater system flexibility. Battery infrastructure is increasingly viewed as critical to managing grid congestion and balancing intermittent power generation. For TotalEnergies, the transaction allows capital recycling within its integrated power strategy while retaining operational control. For AllianzGI, the investment strengthens its exposure to energy transition infrastructure in its domestic market. Edouard Jozan, Head of Private Markets at Allianz Global Investors, said the projects will 'help reinforce the country's energy resilience, accelerate the energy transition, and deliver long-term value for our clients,' highlighting the firm's long-term infrastructure allocation strategy....

The transaction, expected to close in Q2 2026, adds the HARO-branded business to Mutares' portfolio. The company operates two highly automated production facilities in Germany and Bulgaria and maintains a global sales network spanning more than 70 countries. With over 700 employees, the business manufactures parquet, laminate, design flooring, sports flooring, and acoustic panels. It holds a market-leading position in Germany's parquet segment and benefits from long-standing relationships with specialty retailers and DIY chains. 'The Flooring business represents an exceptional opportunity to acquire Germany's leading parquet manufacturer with a globally recognized premium brand,' said Johannes Laumann, CIO of Mutares. 'With its strong heritage, modern production capabilities and a clear roadmap for value creation, the company is an excellent fit for the Mutares portfolio. We see substantial potential to further strengthen the business in its core markets and accelerate its growth trajectory, especially in Asia.'...

The investment is being made by the Direct Private Equity team of Pictet Alternative Advisors, Pictet Group's alternative investment arm. As part of the transaction, Pictet becomes a long-term strategic shareholder in QGroup, while the company's existing management team and founders retain operational control and significant ownership stakes. QGroup was founded in 1993 and specialises in cybersecurity architectures, incident response services, managed security operations, and highly secure operating models. Its client base includes operators of critical infrastructure, government and public sector bodies, and security-sensitive industrial companies. The firm also develops proprietary cybersecurity solutions designed for environments with strict regulatory and sovereignty requirements. 'With QGroup, we are gaining a partner with decades of experience in developing and delivering high-security solutions, and which excels both technologically and culturally,' said Nikolaus Hubmann, head of DACH Direct Private Equity at Pictet Alternative Advisors. 'The cybersecurity market offers technology- and research-driven companies compelling development opportunities ' an environment in which QGroup is very well positioned.'...

The expansion will be carried out through GPEF V, launched in June 2025 and currently sized at '275m. The fund has a hard cap of '295m, which Genesis Capital expects to reach in the first quarter of 2026. GPEF V targets majority and significant minority investments, including succession-led transactions, growth capital investments, and carve-outs from global corporate groups. Genesis Capital also strengthened its partnership by appointing Jorgen Hausberger as Partner. Hausberger brings more than 27 years of private equity experience, with a strong focus on Germany, Austria, and Central Europe. He previously spent more than two decades as managing partner at INVEST EQUITY and has worked closely with Genesis Capital for nearly ten years as a member of its investment committee. 'We are pleased to welcome Jorgen into Partner role. He has been part of the Genesis Capital story for many years, and his experience, investor acumen and deep knowledge have already contributed to our investment decisions,' said Ondrej Vicar, managing partner at Genesis Capital Equity. 'Strengthening our partnership with him allows us to work together more closely and further enhance our ability to originate and develop investments across the region.'...