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Companies

Abacus Group adds 72 Alt Investment Fund Clients in 2017

Abacus Group has added 72 new client firms through the first three quarters of 2017 along with a host of platform and cybersecurity enhancements, and a new solution specifically for small and start-up funds.  Chris Grandi, CEO of Abacus Group, says the company has surpassed 100 employees as it completes

Infinity grows assets to GBP900m

Investment group Infinity has seen its funds under management and advice surge to nearly GBP900m as it celebrates its 10th birthday. The group was launched in 2007 by Sarah Butler, Daniel Finestein and Phil Vickers with a maiden private equity fund of GBP15 million. The firm has since expanded by

Marwyn Value Investors reports 4.94 per cent increase in NAV

Marwyn Value Investors has reported a 4.94 per cent increase in Net Asset Valaue (NAV) per ordinary share for the six months ended 30 June 2017, representing a 6.87 per cent total return including distributions to shareholders, compared with an increase in value of the FTSE All­Share of 5.50 per

Coinsilium reports positive income in H1

Coinsilium, an investor that finances and manages the development of early-stage blockchain technology companies, has announced its interim results for the six months ended 30 June 2017.  The company has reported total comprehensive income, which includes fair value gain on available for sale financial assets, of GBP290,210 (H1 2016: loss

Tikehau reports sharp increase in net income in the first half of 2017

Tikehau Capital has reported a sharp increase in net income for the first half of 2017; up to EUR85.9 million, compared with a loss of EUR5.8 million in the first half of 2016 on a pro-forma basis. This result reflects the increase in the income from asset management activities which

BGF-backed kitchen furniture E-commerce business sets sights on Europe

Direct Online Services, a Gloucestershire-based e-commerce business is on course to hit 67 per cent growth in revenue over two years (37 per cent in the last year alone) following an ambitious expansion programme across the UK and Europe. Turnover at Direct Online Services, now the UK’s largest online retailer

Revenues jump 13 per cent at private equity-backed luxury holiday firm

The Inspiring Travel Company, a maker of bespoke luxury holidays which is backed by private equity firm North Edge Capital, has boosted revenues by 13 per cent during a year of robust growth.  The Cheshire-based travel group featured in the BBC documentary The Millionaires’ Holiday Club, which provided a behind-the-scenes

Avaloq reports strong rise in profitability and significantly increased cashflow

The Avaloq group, an international fintech company and specialist in integrated banking solutions, has reported continued organic top line growth, margin expansion and strong free cashflow for the first half of 2017. The company says its results benefited from increased project activity, strong upselling into the customer base and growth

Palatine-backed Westleigh Partnerships reports 35 per cent revenue growth

One of the UK’s fastest-growing housing developers has announced a turnover increase of more than 35 per cent in its annual results. Westleigh Partnerships, which is backed by Private equity firm Palatine, specialises in building affordable homes for housing associations and local authorities, as well as high quality new homes

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