Loan

Prime Meridian launches small business lending fund for investing in P2P small business loans

Prime Meridian Capital Management has launched the Prime Meridian Small Business Lending Fund, giving investors the opportunity to invest in the growing sector of P2P small business lending. »


Canada flag

NOVACAP and institutional partners invest more than CAD165 million in KDC

Canadian private equity firm NOVACAP is partnering, through its NOVACAP Industries IV investment fund, with institutional partners to invest more than CAD165 million in KDC, a Québec manufacturer of health and beauty-care products. »


Hedge Fund Performance Update: Q3 2014

Hedge Fund Performance Update: Q3 2014

Preqin looks at the performance of hedge funds in Q3 2014 and in 2014 so far. »


Hedge Fund Performance Benchmarks: Q3 2014

Hedge Fund Performance Benchmarks: Q3 2014

Preqin provides the most up-to-date hedge fund performance benchmarks. »


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. »


Preqin Quarterly Update: Real Estate, Q3 2014

Preqin Quarterly Update: Real Estate, Q3 2014

Despite a slight fall in fundraising in Q3 2014 compared to the previous quarter, the total capital raised in 2014 so far remains strong, with the USD63bn raised in the first three quarters of the year surpassing the USD56bn raised during the same period last year. However, the number of funds reaching a final close has declined from 166 to 121 over this time period, and almost two-thirds of capital raised by funds holding a close in Q3 came from just five firms, suggesting that capital is increasingly concentrated among fewer managers. »


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. »


Preqin Quarterly Update: Infrastructure, Q3 2014

Preqin Quarterly Update: Infrastructure, Q3 2014

Fundraising for private infrastructure funds has remained strong in 2014 to date, with the 14 funds closing on an aggregate USD8.5bn in Q3 2014 bringing the total raised throughout the year to USD27bn, a small increase on the USD23bn raised over the same period last year. However, capital is further concentrated among a smaller selection of managers, with the number of funds to close falling. Just 28 funds have closed in the first three quarters of this year, compared to 41 in the same period in 2013. »


Preqin Quarterly Update: Private Equity, Q3 2014

Preqin Quarterly Update: Private Equity, Q3 2014

The third quarter of 2014 saw 199 private equity funds reach a final close, raising USD80bn in aggregate capital, representing 21% fewer vehicles and a significant 44% decrease in capital commitments compared to the previous quarter. However, the relatively low number of funds means that the average fund size of USD402m is particularly high. Investors seem to be more inclined to commit capital to the larger, more established private equity fund managers, and these statistics serve as evidence of continuation of the trend seen in the fundraising market last year. »


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. »


Upcoming events

Upcoming training

Mon, 10/11/2014 (All day) - London
Mon, 10/11/2014 (All day) - London
Thu, 13/11/2014 (All day) - London