An investor group led by affiliates of Apollo Global Management, Crestview Partners and Reverence Capital Partners is to acquire Voya Financial’s Closed Block Variable Annuity business (CBVA Business). The investment will be made through a newly formed standalone entity, Venerable Holdings. The proposed transaction, which is expected to close in
Private equity investor Equistone Partners Europe has acquired a majority shareholding in the Dugas Company, a promoter and exclusive distributor of high-end spirits headquartered in Paris. Equistone’s investment in the Dugas Company alongside its management team, led by founder François-Xavier Dugas and the Chevrillon Group, will allow the company to
Summa Equity Fund I (Summa) is to acquire Norsk Gjenvinning from Altor Fund III (Altor). The transaction is subject to government approval and is expected to be completed in Q1 2018. Norsk Gjenvinning is Norway’s largest and leading recycling company, with around 1200 employees and annual revenues in excess of
Private equity firm Gen Cap America has sold Thomas Pipe & Supply, a Phoenix, AZ distributor of industrial pipe, valves and fittings, to Winsupply. Gen Cap acquired Thomas Pipe & Supply in 2008. Terms of the transaction have not been disclosed. Thomas Pipe & Supply is a distributor of industrial
Fly Ventures has closed its debut fund at USD41 million. Uniquely comprised of co-founders from blue chip venture capital and technology backgrounds and a software engineering team of ex-Googlers, Fly Ventures is using AI and machine learning to identify, evaluate and support investment targets. Fly Ventures’ three partners, Stephan Seyboth,
Atlantic Street Capital has acquired a majority stake in Lori’s Gifts, the largest multi-unit retailer of gift shops in hospitals, from the Bernick family. Founded in 1981, Lori’s Gifts is the nation’s leading operator of hospital gift shops with more than 350 shops in hospitals from coast to coast. The
The capital markets team at leading audit, tax and consulting firm RSM has acted on deals totalling over GBP1 billion in 2017 – highlighting a strong year and an uplift in activity across the practice. RSM has advised on a range of high-profile deals including the GBP200 million AIM IPO
LRI Group, an independent investment services company, has added six new managers to its UCITS Platform, forecasting approximately EUR12 billion in Assets under Management (AuM) in 2017. Markets in 2017 have remained volatile and uncertain due to major changes affecting the institutional and alternative management industry, however LRI Group believes
AnaCap Financial Partners (AnaCap), a specialist European financial services private equity firm, has sold First Names Group, a leading independent provider of trust, corporate, real estate and fund administration services worldwide. The buyer is SGG Group, a leading multi-jurisdictional provider of financial services, backed by Astorg Partners, the European investment
The Alternative Investment Management Association (AIMA), the global representative of alternative investment managers, has signed a Memorandum of Understanding (MoU) with the Insurance Asset Management Association of China (IAMAC), a self-regulatory organisation for China’s national insurance asset management industry. AIMA and IAMAC signed an agreement in Beijing that outlines areas
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
