LDC has completed the acquisition of Computer Recognition Systems on behalf of its portfolio firm Vysionics, a group of businesses supplying traffic management systems. Vysionics was formed by LDC in February 2010 to acquire Speed Check Services, a supplier of average speed camera systems.  In addition to providing GBP9m of

Investors have turned bearish in their outlook for the global economy and corporate earnings, according to the BofA Merrill Lynch survey of fund managers for July. The survey shows a net 12 per cent of respondents predicting the global economy will deteriorate in the coming 12 months, the first negative

Stag Capital Partners, a real estate company focused on the acquisition, ownership and management of single-tenant industrial properties throughout the US, and GI Partners, a trans-Atlantic private equity firm, have formed a joint venture to invest up to USD200m to acquire individual single-tenant net leased industrial properties throughout the US.

Global mergers and acquisitions activity totalled USD881bn in the first half of 2010, up 7.8 per cent from the first half of 2009, a report by mergermarket shows. Deal count is also up by 13.3 per cent at 5,026 announced deals. Brunswick Group and FD were the leading PR advisers,

Monomoy Capital Partners, a New York private equity fund, has acquired the assets of the Heat Transfer Products Group of Carrier Corporation. HTPG is a USD90m manufacturer of highly-engineered refrigeration condensing units, evaporator coils and air cooled condensers for the food service, food retail and other non-consumable markets. Headquartered in

Mutual fund, hedge fund and private equity managers fear the impact of inflation but are optimistic about the prospects for US and Asian equity markets over the next 12 months, according to survey data published by RBC Capital Markets. The 102 asset management respondents, who manage a combined total of

Nearly three years after its inception Resavacs, editor of the rental portal anyresa.com, has completed a second round of funding of EUR2.2m to strengthen its public relations, accelerate the export of its free search engine and expand its business internationally. The company has raised EUR2.2m from funds managed by BNP

Alternative assets under management on behalf of pension funds by the world’s largest alternative investment managers remained unchanged in 2009 compared to the year before at USD817bn, according to research by professional services company Towers Watson in conjunction with the Financial Times. The research also shows that around half of