Computer screen

BNP Paribas Securities Services’ AIFMD reporting solution eases administrative burden for fund managers

BNP Paribas Securities Services has launched an outsourcing service for AIFMD reporting, allowing asset managers to fulfil their reporting obligations without the associated administrative and financial burden. »


Exit sign

Adamas sees 28.2 per cent IRR from latest exit

Investment fund Project Innovation has exited from another Chinese credit-finance project with a gross internal rate of return (IRR) of 28.19 per cent. »


For rent

RentPath secures equity investment from Providence Equity Partners

Private equity from Providence Equity Partners has agreed to purchase a stake in RentPath, a vertical search company for apartment and home renters, from existing owner TPG. »


Dollars

iCapital Network completes USD9.25m financing led by Credit Suisse’s private fund group

iCapital Network, a new online marketplace connecting qualified investors with private equity fund managers, has closed its second round of financing, raising USD9.25 million from both existing and new investors. »


Acquisition

CVC Capital Partners acquires Paroc

Funds advised by CVC Capital Partners have acquired Paroc Group from its existing institutional shareholder group for an enterprise value of approximately EUR700 million. »


Stethoscope

North Bridge Growth Equity acquires majority stake in Ingenious Med

Ingenious Med has secured a majority stake investment from North Bridge Growth Equity, a private equity firm focused on investing in high-growth technology companies.  »


Dollars

Fortress Risk Management raises USD3.5m from investors

Fortress Risk Management has raised USD3.5 million in funding with a group of institutional investors, including Black Dragon Capital and Advantage Capital Connecticut Partners. »


One finger

Carey Olsen ranked tier 1 for corporate and funds work across jurisdictions

Carey Olsen's financial and corporate and investment funds work in the Channel Islands, the Cayman Islands and the British Virgin Islands has been recognised in the 2015 International Financial Law Review 1000 (IFLR1000) guide. »


Open sign

Private equity firm L Capital opens London office

L Capital has opened a London office headed by Paul Skipworth, the former president and managing director of Glenmorangie and senior vice president of strategy for Moet Hennessy, LVMH Wines & Spirits. »


Handshake

Dahai Yu joins Advent International’s operating partner programme

Private equity firm Advent International has appointed Dr Dahai Yu as an operating partner. »


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