Private equity funds that closed in 2012 secured on average 44 per cent of their target capital by the time they held a first close, the lowest proportion in the period since 2006, according to a study by Preqin.
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Arma Partners acted as the exclusive financial adviser to Nedvest Capital and the management of IT-Ernity Holding on the recapitalisation and raising of growth capital from GMT Communications Partners and Veronis Suhler Stevenson.
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HIG Capital has held its final closing of HIG Bayside Loan Opportunity Fund III (Europe). Total capital commitments to the fund exceeded its USD1bn target.
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Private equity firms GMT Communications Partners and Veronis Suhler Stevenson (VSS) have teamed up with management to provide growth capital to IT-Ernity, a provider of business critical managed services and shared hosting for SMEs in the Netherlands.
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HarbourVest Global Private Equity, a closed-end investment company, has reported estimated net asset value (NAV) per share at 30 April 2013 of USD12.56, a USD0.11 per share increase from 31 March 2013.
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The Central Bank of Ireland has issued the necessary application forms and accompanying rules to allow alternative investment fund managers (AIFMs) and alternative investment funds (AIFs) to apply for authorisation under the new Alternative Investment Fund Managers Directive (AIFMD).
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While the first quarter of 2013 saw the lowest number of deals in the offshore region since Q1 2008, the offshore M&A market has performed better than the global average, according to a report released by Appleby.
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Avenue Capital Group has acted as sole lender and agent in connection with the debt financing of the acquisition of Freedom Finance Nordic, the largest prime consumer loan broker operating in Sweden, Norway and Finland, by HIG Europe.
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Luxembourg's position as a centre for private equity funds, transaction structuring and services is poised for a significant boost from the AIFMD and enhancement of the local legal framework
Gina Germano (pictured), managing partner and head of sub-investment grade at Goldbridge Capital Partners, which launched its first funds this summer...
A look at the options available to managers re-examining their current home jurisdiction in the light of the changes that have swept the alternative investment management industry over the past three years
