Private Equity Wire Features http://www.hedgeweek.com Syndicates the latest Private Equity Wire Features via RSS 2.0. Unysen RSS Feed Generator - v2.0206 Private Equity Wire GlobeOp appoints former regulator Gary Linford to Cayman subsidiary board GlobeOp Financial Services has announced the enhancement of its investor relations services for funds domiciled in Cayman Islands through the appointment of former funds regulator Gary Linford to its Cayman subsidiary board and the opening of a new office. Fri, 16 May 2008 06:18:38 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253644 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253644 Alps acquires hedge fund administrator Price Meadows Denver-based Alps Fund Services has acquired Price Meadows, a hedge fund administrator based in Bellevue, Washington with more than USD6bn in assets under administration. The combined business, Alps Price Meadows, will operate as a division of Alps Fund Services. Fri, 16 May 2008 06:00:01 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253642 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253642 Credit crunch fails to dent real estate investment sector With its biggest market, the UK commercial property sector, in the doldrums for more than a year and the credit crunch casting a baleful shadow over large swathes of the global investment industry, Jersey's property funds specialists might be expected to be considering the future with some nervousness. Fri, 16 May 2008 11:38:26 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253622 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253622 Aureos Capital's Emerge fund in co-operation agreement with Costa Rica stock market Aureos Capital's Emerge Central America Growth Fund has signed a co-operation agreement with Carlos Mora de la Orden, authorised sponsor of the Mercado Alternativo para Acciones (Mapa), Costa Rica's junior stock market. Fri, 16 May 2008 06:00:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253539 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253539 Hedgemedia's AltInvestment Global News Round-Up: Martello fails to surmount growth hurdle Fund-of-funds manager Martello Investment Management of Great Barrington, Massachusetts, is liquidating. The firm advises on USD750m of assets in global macro, quantitative and relative value investments but failed to generate 'sufficient asset growth' in its USD250m hedge fund portfolio despite delivering positive yearly returns since its launch in 2002. David McCarthy, a GAM alumnus who ran Martello with nine other professionals, plans to wind down the firm over the course of the summer. The firm also maintained an office in London. Fri, 16 May 2008 05:59:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253512 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253512 Pfingsten closes fourth fund with commitments of USD525m Private equity firm Pfingsten Partners has closed its fourth investment fund, Pfingsten Partners Fund IV, with capital commitments of USD525m. The firm invests in middle-market manufacturing, distribution and business service companies and says it eschews financial engineering for operational improvements and other value-adding approaches at its portfolio companies. Thu, 15 May 2008 10:30:46 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253537 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253537 Online identity expert opens New York office with new venture capital backing Venture capital-backed online identity security expert Garlik has taken a significant step into the US market by opening a New York office, securing an additional USD5m in funding and signing a distribution deal with Minneapolis-based CPP North America, a marketer of life assistance products with more than 11.3 million customers in North America, Europe and Asia. Thu, 15 May 2008 10:17:34 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253535 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253535 One in four chief executives will lose job through private equity, says report Chief executives and finance directors in the UK have a one in four chance of being sacked after private equity firms invest in their companies, but the risk has not deterred either managers or non-executive directors from repeated involvement in private equity deals, according to a new report from business and financial adviser Grant Thornton and board recruiter Directorbank. Thu, 15 May 2008 06:00:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253384 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253384 European venture capital investment rebounds in first quarter, says Library House The volume of disclosed venture capital invested in Europe rebounded during the first quarter of 2008 to EUR1.40bn, compared with EUR1.41bn and EUR1.26bn in the two previous quarters, according to research and consultancy firm Library House. Wed, 14 May 2008 11:53:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253323 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253323 Hedgeweek Comment: Hedge fund places faith in God The credit crunch, which is still in full flow, has left many seasoned investors praying for a miracle. One of these investors, however, has decided to put money directly into the source of miracles - God. Wed, 14 May 2008 06:05:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253227 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=253227