All news

KKR boosts asset management platform

Kohlberg Kravis Roberts has appointed four professionals within its USD13bn asset management platform, KKR Asset Management. »

Stonegate attracts venture capital from Second Curve Partners

Stonegate Mortgage Corporation has received an equity investment from Second Curve Partners, an Indianapolis based private equity firm. »

Fund professionals see further growth in Channel Islands business

Recent indications of growth in the Channel Islands funds sector are rooted in alternative investments, bespoke closed-ended funds and confidence in the islands as reliable jurisdictions, say practitioners – and there are signs that further expansion is in prospect. »

Sovereign wealth funds assets grow to USD3.51trn

The aggregate total assets under management of all sovereign wealth funds currently stands at an estimated USD3.51trn, representing a nine per cent increase from one year ago when the figure stood at USD3.22trn, according to research by Preqin. »

Sino Latin Capital to manage RMB private equity funds

The Shanghai-Pudong government has granted SinoLatin Capital the approval to raise and manage RMB-denominated private equity funds. »

Hirtle Callaghan names Jamie Johnson director of private equity

Hirtle Callaghan, a US-based privately held investment firm, has named Jamie R. Johnson director of private equity. »

Key Principal Partners exits investment in OAO

Key Principal Partners, a USD1bn private investment firm, has exited from OAO Technology Solutions. »

Robert Hull to join Providence as chief financial officer

Providence Equity Partners, a private equity investment firm specialising in media, entertainment, communications and information companies, has appointed Robert S. Hull as chief financial officer. »

Commitment to VCTs best way to support UK’s enterprise economy

Continued support for venture capital trusts should be part of any future government’s plans to support innovation and growth in the UK’s small business community, a survey by the Association of Investment Companies has found. »

Secondaries market presents opportunities for private equity firms, says SEB

The prospects for private equity companies that are properly positioned appear attractive this year, according to a report by Swedish investment bank SEB. »

Applied Language Solutions secures GBP1.4m from CfE Fund

Maven Capital Partners as joint manager of the Capital for Enterprise Fund is investing up to GBP1.4m in Applied Language Solutions, a UK based language services provider. »

Appleby appoints five partners

Appleby, a provider of offshore legal, fiduciary and administration services, has appointed five partners. »

London to see strong revival of cleantech and environmental IPOs

A Carbon International survey of British and Continental European environmental/cleantech venture capital and private equity investors has found that 65 per cent consider an IPO in 2010 or 2011 to be a feasible exit for at least one of their investments.  »

AEG Power Solutions acquires majority stake in skytron energy

AEG Power Solutions, a provider of industrial power electronics, has purchased a majority stake in skytron energy. »

Emerging markets’ share of private equity investment grows

Fundraising for emerging markets dedicated private equity funds slowed in 2009, but investment activity was comparatively strong. »

DataXu secures USD11m funding led by Menlo Ventures

DataXu, provider of a real-time bidding platform for online display advertisers, has closed USD11m in series B funding led by Menlo Ventures. »

eXo receives USD6m in venture capital financing

eXo, a provider of Java middleware for cloud services, has received USD6m in venture capital financing from Auriga Partners and XAnge Capital. »

Aureos Africa Fund makes fourth investment in Nigeria

The Aureos Africa Fund has completed a USD10m investment in Nigerian leasing company C&I, taking the fund’s total investment in Nigeria to USD40m. »

Falfurrias Capital invests in Commercial Credit Group

Falfurrias Capital Partners, a Charlotte-based private equity firm, has invested in Commercial Credit Group, a Charlotte-based provider of equipment financing for the construction, fleet transportation and waste industries. »

K&L Gates adds two London corporate partners

Law firm K&L Gates has added Carl L. Liederman and Keith Snedden as partners in its London corporate practice. »