Wellington Financial, a privately-held specialty finance firm providing growth capital to US and Canadian-based companies, has held the second closing of Wellington Financial Fund IV. Wellington’s 2006-vintage Fund III was capitalised with USD150m of re-circulating institutional equity commitments.  That fund led over USD300m of financings via 52 loans over its

A new investment fund is launching to take advantage of the opportunities created by the challenges facing America’s healthcare system. As the first of its kind within the for-profit retail medicine market, the National Healthcare Development Fund (NHDF) is designed to generate revenue from both its portfolio of real estate

Former chairman and chief executive of 3M, Sir George Buckley, and ex-head of responsible equity strategies at PGGM, Alex van der Velden, are launching an asset management firm designed to engage in a close partnership with the companies it invests in – a practice they have coined “ownership investing”. Buckley

IMAP, the global partnership of M&A and corporate finance firms of which Clearwater Corporate Finance is the UK partner, has consolidated its position as the world’s leading advisory network for mid-market deals in the latest Thomson Reuters rankings. IMAP is ranked seventh in the worldwide mid-market rankings for 2012 after

CapX Partners, a specialty finance company, has closed its latest fund with total commitments of USD225m. CapX IV closed at the end of 2012 with USD75m of private capital. With its SBIC Debenture License, CapX IV now has access to an additional USD150m in debenture leverage funding from the SBIC.

Venture capital trusts managed by NVM Private Equity have launched a linked top-up offer for subscription to raise up to GBP4m for each fund. Northern Venture Trust was launched 17 years ago and has net assets of GBP63m. Northern 2 VCT was established 13 years ago and has net assets

Optimism about the economy built slowly but steadily in the second half of 2012 among US small and mid-sized businesses, some of which are likely to seek more credit in 2013 as they become increasingly confident in business fundamentals. A new Greenwich Market Pulse revealed that owners and executives of

Former Bain consultant Yoav Bergman, renewable energy fund manager Matthew Brown, real estate professional and former investment banker Patrick Donovan and film production, acquisition and distribution executive and finance consultant Shane Starr have teamed up to launch Tamra-Tacoma Capital Partners, a USD500m alternative investment firm. Tamra-Tacoma’s mandate is to deliver