The Association of Investment Companies is now publishing enhanced venture capital trust data on its website. The new enhanced data now shows the following: – The last reported NAV, as published by the company – The date of the last reported NAV – The Morningstar adjusted NAV – Discount/premium data based on the Morningstar

MerchantBridge, a direct investment and private equity company focused on Middle East investments, has been awarded an existing cement plant contract under a 15-year lease in the Kerbala Governerate, 80 miles south west of the capital Baghdad. The contract was awarded by the Government of Iraq’s Ministry of Industry and

Private equity is a hot topic for European family offices, with 57 per cent considering increasing their exposure to private equity this year, according to research by LPEQ, the group of European listed private equity companies. The study of 50 family offices across Europe shows they are looking to access

As the world’s largest oil producer Saudi Arabia holds an immense amount of potential as it builds a broad-based economy and continues to liberalise and modernise its business climate, a private equity leader told participants at a conference in Riyadh, Saudi Arabia. Ahmed Heikal, founder and chairman of Citadel Capital,

Huddle, a company that lets people connect and work together regardless of their location, has closed a USD10.2m series B round of funding led by Matrix Partners, with participation from existing investors Eden Ventures and Charles McGregor, Huddle’s chairman. Huddle, which employs more than 40 staff in the UK and

Amalgamated Capital, a recently formed division of Amalgamated Bank, has served as lead arranger and administrative agent for a USD29.5m senior secured credit facility in support of the acquisition of Salvage Direct by QCSA Holdings, a portfolio company of Kinderhook Industries. Amalgamated Capital provides cash flow senior debt financing to

Private investment firm H.I.G. Capital’s affiliate Excel Homes Group has acquired substantially all the assets of Excel Homes, a US-based custom modular home manufacturer. Steve Scheinkman will become chief executive of Excel. Matt Sanford (pictured), managing director at H.I.G. Capital, says: "The housing and construction markets will undoubtedly rebound from

Morgan Stanley Alternative Investment Partners has raised USD585m in commitments for its Global Secondary Opportunities Fund, a fund dedicated to acquiring interests in private equity funds in the secondary market. The capital raised exceeded Morgan Stanley Investment Management’s initial USD500m target. "This successful fund raise demonstrates how MSIM leverages its

Axa Private Equity, a European private equity firm, has signed an agreement to acquire GO Voyages, the French online retailer of air tickets. Following this investment, Axa Private Equity will hold the majority of the equity of GO Voyages alongside the management team and staff, who will have a significant