Private Equity Wire - Daily News http://www.privateequitywire.co.uk/ en Oxford Capital and MMC Ventures partner with CoInvestor http://www.privateequitywire.co.uk/2016/02/12/236507/oxford-capital-and-mmc-ventures-partner-coinvestor <p><strong><em>Oxford Capital and MMC Ventures are joining the CoInvestor platform in order to provide opportunities for registered users to co-invest alongside them on a deal by deal basis.&nbsp;&nbsp;</em></strong></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/12/236507/oxford-capital-and-mmc-ventures-partner-coinvestor" target="_blank">read more</a></p> Deals and Transactions Fri, 12 Feb 2016 15:44:32 +0000 Leah.Cunningham 236507 at http://www.privateequitywire.co.uk Power Supply secures USD5m in funding led by Upfront Ventures http://www.privateequitywire.co.uk/2016/02/12/236505/power-supply-secures-usd5m-funding-led-upfront-ventures <p><strong><em>Food tech specialist Power Supply has closed a USD5 million seed round, led by VC firm Upfront Ventures, to grow its curated marketplace for chef-driven prepared healthy meals. The funds will enable the fast-growing lifestyle brand to expand into new markets and extend the technology capabilities to help more people improve their lives through food.</em></strong></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/12/236505/power-supply-secures-usd5m-funding-led-upfront-ventures" target="_blank">read more</a></p> Funds Fri, 12 Feb 2016 15:41:16 +0000 Leah.Cunningham 236505 at http://www.privateequitywire.co.uk EIS platform expands http://www.privateequitywire.co.uk/2016/02/12/236496/eis-platform-expands <p><em><strong>CoInvestor, a new service enabling private investors to co-invest alongside professional Enterprise Investment Scheme (EIS) fund managers, today announced that Oxford Capital and MMC Ventures are joining the CoInvestor platform in order to provide opportunities for registered users to co-invest alongside them on a deal by deal basis.&nbsp;</strong></em>&nbsp;</p> <p><a href="http://www.privateequitywire.co.uk/2016/02/12/236496/eis-platform-expands" target="_blank">read more</a></p> Private Equity Venture Capital Fri, 12 Feb 2016 11:45:20 +0000 beverlychandler 236496 at http://www.privateequitywire.co.uk Sky-Futures raises additional USD5.7m in investments http://www.privateequitywire.co.uk/2016/02/12/236491/sky-futures-raises-additional-usd57m-investments <p><em><strong>Sky-Futures, a provider of drone inspection services for the oil and gas industry, has attracted USD4.2 million investment by Bristow Group, the global helicopter service provider to the energy industry, and an additional USD1.5 million investment by&nbsp;MMC Ventures, bringing total investment in the company to more than USD10 million.</strong></em></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/12/236491/sky-futures-raises-additional-usd57m-investments" target="_blank">read more</a></p> Investments Fri, 12 Feb 2016 09:44:19 +0000 Leah.Cunningham 236491 at http://www.privateequitywire.co.uk LDF and the British Business Bank agree GBP51m facility to increase asset finance for small businesses http://www.privateequitywire.co.uk/2016/02/12/236490/ldf-and-british-business-bank-agree-gbp51m-facility-increase-asset-finance-small-b <p><strong><em>The British Business Bankhas agreed to provide a GBP51 million facility to LDF, a non-bank finance provider, to fund a portfolio of newly originated small business asset finance receivables.</em></strong></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/12/236490/ldf-and-british-business-bank-agree-gbp51m-facility-increase-asset-finance-small-b" target="_blank">read more</a></p> Funds Fri, 12 Feb 2016 09:43:18 +0000 Leah.Cunningham 236490 at http://www.privateequitywire.co.uk Neuberger Berman Private Equity closes Marquee Brands Partners http://www.privateequitywire.co.uk/2016/02/12/236484/neuberger-berman-private-equity-closes-marquee-brands-partners <p><strong><em>Neuberger Berman has held the close of Marquee Brands Partners, a USD462 million fund that seeks to acquire high-quality, US and European brands, with strong consumer awareness and opportunities for growth in various consumer sectors including apparel, footwear, accessories, health &amp; beauty, entertainment, food &amp; beverage and home products.</em></strong></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/12/236484/neuberger-berman-private-equity-closes-marquee-brands-partners" target="_blank">read more</a></p> Funds Fri, 12 Feb 2016 09:36:29 +0000 Leah.Cunningham 236484 at http://www.privateequitywire.co.uk Mayer Brown strengthens private equity practice http://www.privateequitywire.co.uk/2016/02/12/236483/mayer-brown-strengthens-private-equity-practice <p><strong><em>Mayer Brown has strengthened its private equity offering with the hire of Perry Yam as partner and Head of Private Equity in London. Yam&rsquo;s appointment is part of an ongoing, global initiative to expand the firm&#39;s private equity offering.</em></strong></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/12/236483/mayer-brown-strengthens-private-equity-practice" target="_blank">read more</a></p> Moves & Appointments Fri, 12 Feb 2016 09:35:26 +0000 Leah.Cunningham 236483 at http://www.privateequitywire.co.uk Farol Asset Management invests with Liberty Hall Capital Partners in the acquisition of AIM Aerospace http://www.privateequitywire.co.uk/2016/02/12/236482/farol-asset-management-invests-liberty-hall-capital-partners-acquisition-aim-aeros <p><strong><em>Farol Asset Management, along with other leading institutional investors, has partnered with Liberty Hall Capital Partners, to complete the acquisition of AIM Aerospace, an independent supplier of composite ducting, substructural and interiors parts for the commercial aerospace industry, in a transaction valued at USD220 million.</em></strong></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/12/236482/farol-asset-management-invests-liberty-hall-capital-partners-acquisition-aim-aeros" target="_blank">read more</a></p> Investments Fri, 12 Feb 2016 09:34:04 +0000 Leah.Cunningham 236482 at http://www.privateequitywire.co.uk BBVA increases fintech fund to USD250 million http://www.privateequitywire.co.uk/2016/02/12/236481/bbva-increases-fintech-fund-usd250-million <p><strong><em>BBVA has increased its financial technology (fintech) fund to USD250 million and formed a partnership with Propel Venture Partners (Propel).&nbsp;BBVA will invest its USD250 million in Propel&#39;s funds as a limited partner, and Propel will manage the investment independently in a move designed to ensure the capital continues to be invested in the best digital financial services startups.</em></strong></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/12/236481/bbva-increases-fintech-fund-usd250-million" target="_blank">read more</a></p> Funds Fri, 12 Feb 2016 09:32:51 +0000 Leah.Cunningham 236481 at http://www.privateequitywire.co.uk Varsity Healthcare Partners sells Forefront Dermatology to OMERS Private Equity http://www.privateequitywire.co.uk/2016/02/12/236474/varsity-healthcare-partners-sells-forefront-dermatology-omers-private-equity <p><strong><em>Varsity Healthcare Partners (VHP) has sold its majority interest in Forefront Dermatology (Forefront or the Company) to OMERS Private Equity, the private equity arm of OMERS. Terms of the transaction have not been disclosed.</em></strong></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/12/236474/varsity-healthcare-partners-sells-forefront-dermatology-omers-private-equity" target="_blank">read more</a></p> Lettings & Sales Fri, 12 Feb 2016 09:21:00 +0000 Leah.Cunningham 236474 at http://www.privateequitywire.co.uk EFG Fund Services deepens relationship with Index Ventures with launch of new USD550m fund http://www.privateequitywire.co.uk/2016/02/11/236469/efg-fund-services-deepens-relationship-index-ventures-launch-new-usd550m-fund <p><strong><em>EFG Fund Services has been selected as full service provider to Index Ventures&rsquo; latest fund; its third Index fund appointment in as many years.</em></strong></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/11/236469/efg-fund-services-deepens-relationship-index-ventures-launch-new-usd550m-fund" target="_blank">read more</a></p> Launches & Fundraising Thu, 11 Feb 2016 16:40:48 +0000 Leah.Cunningham 236469 at http://www.privateequitywire.co.uk Ashurst advises Liberty Hall Capital on acquisition of AIM Group Limited for GBP182m http://www.privateequitywire.co.uk/2016/02/11/236468/ashurst-advises-liberty-hall-capital-acquisition-aim-group-limited-gbp182m <p><strong><em>Private equity firm Ashurst has advised Liberty Hall Capital Partners on the acquisition of AIM Aerospace, an independent supplier of composite ducting, substructural and interiors parts for the commercial aerospace industry.</em></strong></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/11/236468/ashurst-advises-liberty-hall-capital-acquisition-aim-group-limited-gbp182m" target="_blank">read more</a></p> Acquisitions Thu, 11 Feb 2016 16:39:37 +0000 Leah.Cunningham 236468 at http://www.privateequitywire.co.uk US groups focus on Irish distressed assets http://www.privateequitywire.co.uk/2016/02/11/236454/us-groups-focus-irish-distressed-assets <p><em><strong>US private equity and real estate groups are paying close attention to the opportunities on offer in Ireland to pick up distressed assets, as the ripples of the &#39;08 financial crisis continue to be felt there. Whether they are buying actual assets, or the debt that is held on those assets, depends on what the individual manager is trying to achieve but as Nicholas Tsafos, Chairman and Director of EisnerAmper Global Ltd, observes: &quot;Whether it is commercial real estate or retail real estate, we are seeing managers invest in a variety of property portfolios, buying landmark properties such as the Shelbourne Hotel, for example.</strong></em></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/11/236454/us-groups-focus-irish-distressed-assets" target="_blank">read more</a></p> Real Assets Private Equity Real Estate Thu, 11 Feb 2016 10:34:54 +0000 mkitchen 236454 at http://www.privateequitywire.co.uk Investor demand for QIAIF products on the rise http://www.privateequitywire.co.uk/2016/02/11/236453/investor-demand-qiaif-products-the%C2%A0rise <p><em><strong>There has been a flurry of activity over at ML Capital in the last few months. The company provides a range of UCITS and AIFMD fund solutions to fund managers and currently has over USD1.5 billion of assets under management across its Dublin-based MontLake UCITS Platform and MontLake QIAIF Platform. The MontLake UCITS Platform, in particular, has added a number of new funds including: Mygale Event Driven UCITS managed by Neil Tofts; OTS Asia Opportunity UCITS, managed by OTS Capital Management, and SPARX OneAsia Long Short UCITS, managed by SPARX Asia Investment Advisors.&nbsp;</strong></em></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/11/236453/investor-demand-qiaif-products-the%C2%A0rise" target="_blank">read more</a></p> Europe Thu, 11 Feb 2016 10:26:26 +0000 James.Williams 236453 at http://www.privateequitywire.co.uk Open for business http://www.privateequitywire.co.uk/2016/02/11/236451/open-business <p><strong><em>Q&amp;A with John Bohan (pictured), Managing Director Europe &amp; Middle East, Apex Fund Services (Ireland).</em></strong></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/11/236451/open-business" target="_blank">read more</a></p> Europe Thu, 11 Feb 2016 10:13:05 +0000 mkitchen 236451 at http://www.privateequitywire.co.uk UCITS and AIFM provide EU gateway http://www.privateequitywire.co.uk/2016/02/11/236450/ucits-and-aifm-provide-eu-gateway <p><em><strong>For EU and non-EU managers, the ability to choose between AIFMD or UCITS regimes to bring a regulated fund product to market with minimal fuss is a compelling one. With its unique business model,&nbsp;ML Capital has proven to the marketplace that there are many ways to scale the walls of so-called &quot;Fortress Europe&quot;.&nbsp;</strong></em></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/11/236450/ucits-and-aifm-provide-eu-gateway" target="_blank">read more</a></p> Platforms Fund administration Thu, 11 Feb 2016 10:00:34 +0000 mkitchen 236450 at http://www.privateequitywire.co.uk Irish QIAIF becoming a ‘go-to’ solution http://www.privateequitywire.co.uk/2016/02/11/236449/irish-qiaif-becoming-a%C2%A0%E2%80%98go-to%E2%80%99-solution <p><em><strong>According to Ken Somerville (pictured), head of business development at Quintillion Limited, Ireland&#39;s fund administrators are starting to see real interest among global fund managers, running both hedge funds and private equity funds, as Europe&#39;s credit markets continue to be restructured. This is leading to a wider, more complex range of credit strategies, with loan origination perhaps the most talked about example.&nbsp;</strong></em></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/11/236449/irish-qiaif-becoming-a%C2%A0%E2%80%98go-to%E2%80%99-solution" target="_blank">read more</a></p> Europe Thu, 11 Feb 2016 09:50:00 +0000 mkitchen 236449 at http://www.privateequitywire.co.uk Irish ICAV attracts significant fund manager interest http://www.privateequitywire.co.uk/2016/02/11/236448/irish-icav-attracts-significant-fund-manager-interest <p style="margin: 0px; font-size: 14px; line-height: normal; font-family: Helvetica;"><em><strong>Ireland remains Europe&#39;s leading onshore hedge fund jurisdiction by some margin, yet up until a couple of years ago it could not offer fund sponsors a corporate fund structure similar to the SICAV in Luxembourg.</strong></em></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/11/236448/irish-icav-attracts-significant-fund-manager-interest" target="_blank">read more</a></p> Europe Thu, 11 Feb 2016 09:37:53 +0000 James.Williams 236448 at http://www.privateequitywire.co.uk Ireland Alternative Investment Fund Services 2016 http://www.privateequitywire.co.uk/special/ireland-alternative-investment-fund-services-2016 <div class="field field-type-text field-field-specials-description"> <div class="field-label">description:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> The introduction of the Irish Collective Asset Management Vehicle (ICAV) has been a real success for Ireland, generating new business from fund managers looking for an efficient solution to establishing regulated funds in Europe. Ireland is also drawing interest from both hedge funds and private equity funds seeking to launch more complex credit strategies and loan origination structures to tap into Europe&#039;s credit markets via the Qualified Investor Alternative Investment Fund (QIAIF). </div> </div> </div> <div class="field field-type-text field-field-original-file"> <div class="field-items"> <div class="field-item odd"> Ireland Alternative Investment Fund Services 2016 </div> </div> </div> <div class="field field-type-nodereference field-field-articles"> <div class="field-label">Articles:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> <a href="/2016/02/11/236448/irish-icav-attracts-significant-fund-manager-interest">Irish ICAV attracts significant fund manager interest</a> </div> <div class="field-item even"> <a href="/2016/02/11/236449/irish-qiaif-becoming-a%C2%A0%E2%80%98go-to%E2%80%99-solution">Irish QIAIF becoming a ‘go-to’ solution</a> </div> <div class="field-item odd"> <a href="/2016/02/11/236450/ucits-and-aifm-provide-eu-gateway">UCITS and AIFM provide EU gateway </a> </div> <div class="field-item even"> <a href="/2016/02/11/236451/open-business">Open for business</a> </div> <div class="field-item odd"> <a href="/2016/02/11/236453/investor-demand-qiaif-products-the%C2%A0rise">Investor demand for QIAIF products on the rise</a> </div> <div class="field-item even"> <a href="/2016/02/11/236454/us-groups-focus-irish-distressed-assets">US groups focus on Irish distressed assets</a> </div> </div> </div> Ireland Alternative Investment Fund Services Thu, 11 Feb 2016 09:26:01 +0000 mkitchen 236446 at http://www.privateequitywire.co.uk Stash secures USD3m in seed funding http://www.privateequitywire.co.uk/2016/02/11/236435/stash-secures-usd3m-seed-funding <p><strong><em>Stash, a fast-growing investment app for millennials, has raised USD3 million in seed funding to continue the company&rsquo;s growth. The round was led by Silicon Valley-based Goodwater Capital, which specialises in early-stage consumer technology companies.</em></strong></p> <p><a href="http://www.privateequitywire.co.uk/2016/02/11/236435/stash-secures-usd3m-seed-funding" target="_blank">read more</a></p> Investments Thu, 11 Feb 2016 09:03:53 +0000 Leah.Cunningham 236435 at http://www.privateequitywire.co.uk