Participated · Equity · Aug 2026

H&MV Engineering provides specialist high-voltage engineering and critical power infrastructure services for energy, data centre, and industrial customers. The company designs, builds and energises high-voltage infrastructure and reports over 24 GW of projects currently in design and construction. It operates from 20 international offices across Ireland, the UK, Europe, the U.S., and Asia and employs over 1,900 people. Supported by a €2 billion order book and a €16 billion pipeline, H&MV has grown revenue from €61 million in 2020 to an expected €1 billion in FY26. The company is targeting revenues of €3 billion within five years and a global workforce of 3,000 employees. Leadership is headed by CEO P.J. Flanagan and the firm plans further international expansion, including in the U.S.

Participated · Series D · Aug 2026

Hadrian builds automated manufacturing facilities that mass-produce parts for vehicles used by the military. The company has opened multiple facilities, including a fourth site in Alabama announced in March to produce submarine parts. That Alabama facility was structured as a public/private partnership and valued at $2.4 billion, according to Hadrian. Hadrian has attracted large venture and institutional backers and recently raised a $1.37 billion round at a $7.87 billion valuation. About a year earlier it raised a $260 million Series C led by Founders Fund and Lux Capital, bringing total capital raised to roughly $2 billion per PitchBook estimates. The company's current plans and financing indicate continued expansion of its automated production footprint for defense supply chains.

Participated · Equity · Aug 2026

Medallia provides AI-driven experience management that ingests and analyzes billions of customer and employee feedback signals for enterprise customers, including seven of the Fortune 10. The company is focused on evolving experience management from reporting and analytics into a predictive, automated operating system that can recommend and initiate business actions. Following a recent recapitalization that reduced its outstanding debt and brought in $150 million of new capital, ownership transferred to an investor group led by Blackstone-managed funds, with Apollo and FS KKR Capital Corp. Medallia plans to deploy the strengthened balance sheet to accelerate investments in generative AI, automation, integrations with enterprise systems, and connections to agentic AI platforms. It is also advancing its Frontline-Ready AI foundation to support these strategic shifts.

Participated · Initial Coin Offering · May 2026

Circle launched ARC, a public blockchain designed for institutional contracts, governance, and AI agents, with USDC as the settlement currency. The company completed a $222 million presale of ARC tokens that values the project at about $3.0 billion on a fully diluted basis. The presale was led by a16z and included institutional participants such as BlackRock and Apollo. Circle will hold 25% of the token supply to fund validator rewards as part of the network’s tokenomics. The financing was executed via a token presale rather than an equity infusion. The transaction positions Circle to bootstrap ARC with institutional backers and a built-in token allocation for network security and incentives.

Led · Equity · May 2026

Pickleball Inc. combines the professional and amateur sides of pickleball with retail, media, court construction, facility brands, tournament software, and player-rating technology. Its merged verticals reported over $140 million in combined revenue in 2025, and its professional properties deliver significant TV viewership—PPA averaged 791,000 viewers on CBS in January 2026 while MLP averaged 499,000 on CBS in August 2025. The company oversees Pickleball Central (founded 2006), which has shipped over one million orders and operates more than 100 pro shops; Pickleball Play Solutions, which hosted 4,500 tournaments and 2,000 league seasons in 2025 and averages about five million visits per month; Just Courts as its court construction arm; Pickleball TV, a joint venture with Tennis Channel; Picklr with over 500 indoor locations; and DUPR with over one million rated players. Pickleball Inc. reports that the sport had 24 million players in 2025 and emphasizes gender equity in competition and compensation. Connor Pardoe serves as CEO, and Tom Dundon and the Pardoe family are the majority shareholders.