FORWARD FEATURES CALENDAR

Deals & Transactions

Dynavax secures USD40m credit facility with Hercules Technology Growth Capital

Dynavax Technologies Corporation has entered into a credit facility with Hercules Technology Growth Capital for up to USD40 million of total funding.  Dynavax drew the first tranche of USD10 million on closing and has access to an additional USD30 million in 2015, at Dynavax's option, if it achieves certain milestones

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Ariadne Capital backs Taggstar

Ariadne Capital, which invests in digital technology start-ups, has just closed a GBP500,000 funding round for Taggstar making it the 8th company in its portfolio and its 4th deal in 2014.  Taggstar is also backed by Sir Stuart Rose, Rob Hersov, and Nigel Taee. Taggstar is designed to allos shoppers

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Levine Leichtman Capital Partners recapitalises Global Franchise Group

Private equity firm Levine Leichtman Capital Partners (LLCP) has completed a recapitalisation of Levine Leichtman Capital Partners IV portfolio company Global Franchise Group (GFG). "We are pleased to have completed this divided recapitalisation for GFG, which provided working capital and paid a shareholder dividend," says Arthur Levine, president of Levine

Maven increases support for Westway Services

UK private equity house Maven Capital Partners (Maven) has funded a replacement capital transaction in Westway Services Holdings (Westway).  Maven originally supported an MBO of the London-based facilities management business in 2009 and has since helped grow Westway’s footprint throughout London and the South East. The GBP3.6 million recapitalisation of

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Gibraltar and Switzerland sign MoU to assist AIF managers

Gibraltar Financial Services Commission (FSC Gibraltar) and The Swiss Financial Markets Supervisory Authority (FINMA) have just reached a Memorandum of Understanding (MoU) to assist managers of alternative investment funds (AIFs). The MoU covers mutual assistance in the supervision and oversight of AIF managers, their delegates and depositaries that operate on

Cathay Capital closes the Sino French (Midcap) Fund at EUR500 million

Cathay Capital has held the final closing of the Sino French (Midcap) Fund, which will partner with French, Chinese and European companies of the midcap segment, at EUR500 million. The fund’s hard-cap was reached less than six months after the official launch of the fund and a first closing carried

Kuwait Pipes reaches permanent solution to commercial debt of KWD130m

Kuwait Pipe Industries and Oil Services Company (Kuwait Pipes) has signed a settlement term sheet for the commercial debt of around KWD130mn with its participating commercial lenders to bring a comprehensive and permanent solution to the Company’s capital structure. The settlement term sheet was signed by Abdulkareem Abdullah Al-Mutawa, Board

CSQ to provide outsourced CIO services in new partnership with Strategic Capital Alternatives

Circle Squared Alternative Investments (CSQ) has partnered with USD1.5bn money management and investment consulting firm Strategic Capital Alternatives (SCA). SCA provides customised investment portfolio models and operational platforms to independent registered investment advisors (RIAs). The partnership is aiming to empower advisors who work with SCA to capitalise on an investment

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