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Beer

KPS portfolio company acquires Independent Brewers United

Thu, 12/08/2010 - 11:05
KPS Capital Partners’ portfolio company North American Breweries has acquired Independent Brewers United through an indirect wholly owned subsidiary. »

Syringe

Aurora Capital Group acquires Lexington Precision

Thu, 12/08/2010 - 09:19
An affiliate of Los Angeles-based private equity firm Aurora Capital Group has reorganised and acquired a majority ownership position in Lexington Precision. »

Carey Olsen partner Nicholas Crocker

Carey Olsen advises Bellzone Mining on its AIM listing

Thu, 12/08/2010 - 06:19
Channel Islands law firm Carey Olsen has advised Bellzone Mining on its listing on the Alternative Investment Market of the London Stock Exchange. »

Man with laptop

Carbon360 launches the Fund Administration Market

Thu, 12/08/2010 - 05:14
Research and consulting firm Carbon360 has launched the Fund Administration Market, a service designed to aid fund managers with the selection of fund administrators. »

Exit sign

Maven completes two exits from Capital for Enterprise Fund A

Thu, 12/08/2010 - 05:06
Maven Capital Partners has completed two exits on behalf of Capital for Enterprise Fund A. »

Beer

SunTx acquires majority stake in Carolina Beer & Beverage

Wed, 11/08/2010 - 14:48
Private equity firm SunTx Capital Partners acquired a majority interest in Carolina Beer & Beverage, an independent contract beverage manufacturer based in Mooresville, North Carolina. »

Brian Fahey, TerraNua chief executive

TerraNua launches latest version of MyComplianceOffice

Wed, 11/08/2010 - 11:15
TerraNua, a provider of investment compliance solutions, has launched a new version of MyComplianceOffice for hedge fund and private equity firms. »

Handshake

Jefferies expands equity capital markets group

Wed, 11/08/2010 - 11:11
Securities and investment banking firm Jefferies has appointed Kamlesh Bhatia as a managing director responsible for private placement origination within the firm’s equity capital markets group. »

Barry Sternlicht, chief executive, Starwood Capital

Starwood Capital to open office in Brazil

Wed, 11/08/2010 - 10:06
Starwood Capital Group, a private equity firm focused on real estate and energy investing, is hiring Rodolfo Senra and Vitor Senra to open the firm’s first office in Brazil headquartered in Sao Paolo. »

Great Wall of China

NYPC to launch RMB-denominated private equity fund

Wed, 11/08/2010 - 09:57
New York Pacific Capital has signed a memorandum of understanding with the Beijing Municipal Bureau of Finance for the establishment of an RMB-denominated private equity fund in Beijing. »

Thumbs up

US private equity short-term performance turns sharply positive

Wed, 11/08/2010 - 06:05
Overall US private equity performance showed positive returns across all investment horizons and turned sharply positive in the one-year time horizon for the period ending 31 March 2010, according to Thomson Reuters. »

Grades

Vestar affiliates make offer for outstanding shares of HealthGrades

Wed, 11/08/2010 - 05:29
Mountain Acquisition and Mountain Merger Sub, affiliates of Vestar Capital Partners V formed for the purpose of acquiring HealthGrades, have commenced a tender offer to acquire all of the outstanding shares of HealthGrades’ common stock for USD8.20 per share in cash. »

People shaking hands

Lincoln Singleton joins Evercore private funds group

Wed, 11/08/2010 - 05:07
Investment banking firm Evercore Partners has appointed Lincoln C. Singleton as a managing director in the firm’s private funds group. »

Nigel Strachan, Ed Devonport, Jersey Funds Association

New heads for Jersey Funds Association

Wed, 11/08/2010 - 05:00
Nigel Strachan, Head of New Business for corporate clients at Kleinwort Benson (pictured above left), has been appointed Chairman of the Jersey Funds Association and Edward Devenport (pictured above right), partner at Mourant Ozannes, takes on the role of Vice Chairman. »

Basil Al-Rahim, MerchantBridge group chief executive officer

MerchantBridge seals USD20m hospitality deal with Monaco Luxury Hotels

Tue, 10/08/2010 - 15:06
MerchantBridge, a direct investment and private equity company, has signed and agreed terms to invest in Monaco Luxury Hotels & Resorts in a USD20m transaction. »

Ying White, Akin Gump

Akin Gump promotes Beijing’s Ying White to partner

Tue, 10/08/2010 - 14:50
Law firm Akin Gump Strauss Hauer & Feld has promoted Ying Z. White to partner.  »

Spencer Hoffman, Lovell Minnick managing director

Dahlman Rose receives investment from Lovell Minnick Partners

Tue, 10/08/2010 - 14:33
Dahlman Rose, an investment bank specialising in natural resources, transportation and other industries in the global supply chain, has, subject to regulatory approval, entered into a definitive agreement to receive a USD40m minority investment from private equity firm Lovell Minnick Partners.  »

Pens

Hudson Ferry forms USD100m small business investment company

Tue, 10/08/2010 - 13:25
Hudson Ferry Capital, a New York-based private equity firm, has received its license from the Small Business Administration to operate Hudson Ferry Capital II as a small business investment company. »

Susan Sigl, president and chief executive of the WTIA

Venture capital outlook shows relative stability with cautious optimism

Tue, 10/08/2010 - 11:05
The economy continues to be the number one concern of Washington's venture capitalist community, according to the Washington Technology Industry Association’s Q3 2010 Venture Capital Outlook Survey. »

Phones

Wellington Financial provides USD5.5m financing to Telekenex

Tue, 10/08/2010 - 09:43
Wellington Financial, a privately-held specialty finance firm, has provided USD5.5m in debt financing for IXC (dba Telekenex) based in Seattle, Washington and San Francisco. »