Hogan Lovells has advised long-standing client Kelso Place Asset Management LLP (Kelso Place) on its acquisition of the global fashion brand Nicole Farhi alongside current owner, private equity firm, OpenGate Capital, for an undisclosed sum. The transaction was announced on Wednesday 11 January. Nicole Farhi is a British fashion lifestyle

Tully & Holland has acted as financial advisor to Catalog Marketplace (Glendale), in the sale of its assets to Capital Resource Partners (CRP). BCA Mezzanine Fund provided senior debt and preferred equity capital in support of CRP’s acquisition. Terms of the transaction have not been disclosed. Glendale is a leading direct

AnaCap Financial Partners has held a successful first round of closings of its Credit Opportunities Fund II, with commitments already at GBP265 million (USD408 million), surpassing its GBP250 million target after just five months on the road. The Fund, which has a hard cap of GBP350 million, targets performing, semi-performing

European private equity firm Cinven has reached an agreement to acquire CPA Global – a global provider of intellectual property (IP) management services and software – for an undisclosed consideration, from its current shareholders, including Intermediate Capital Group (ICG) and the founder shareholders. The transaction is subject to the approval

Mid-market buy-out firm AAC Capital UK has sold Volution Group to funds advised by TowerBrook Capital Partners LP (TowerBrook). AAC UK generated a money multiple of 2.4x on its original investment of GBP49.25m. Headquartered in Crawley, Volution supplies a range of ventilation products to improve the built environment with an emphasis

American Capital received has USD215 million in cash proceeds from the sale of portfolio company CBIT Solutions Inc – USD2 million (1 per cent) less than the company’s third quarter 2011 valuation of the investment. American Capital’s compounded annual rate of return earned over the life of its total investment in