Citi has been appointed to provide private equity services to Delta Partners, a management advisory and investment firm specialising in telecoms, media and technology (TMT) in emerging markets.   Citi is providing fund administration services for the Delta Partners Emerging Markets Technology, Media and Telecoms Growth Fund II.   The

Shawbrook Bank broke even in May 2012 after 16 months of trading and went on to secure profit for each subsequent month of the year, resulting in an underlying profit of GBP2.6m for the year end 2012.   March 2012 saw Shawbrook acquire Singers Asset Finance (now Shawbrook Asset Finance)

Adams Street Partners, a manager of private equity for institutional investors, has closed its Adams Street Global Secondary Fund 5.    The offering was oversubscribed, surpassing the USD750m target and hitting the firm’s hard cap of USD1bn.   In combination with other managed accounts, Adams Street’s secondary programme has approximately

The future landscape of the investment funds industry will be affected by external factors just as much as regulation, according to an exit poll of the 400-plus delegates attending last week’s Guernsey Funds Forum 2013 held in London.   The half-day conference and exhibition, titled Back to the Future, included

Nexus Group, a provider of private equity in Peru, has held the final closing of its second institutional fund, NG Capital Partners II.   NG reached the fund’s hard cap of USD600m, exceeding its USD500m fundraising target.   The fund will invest primarily in Peru with the flexibility to execute

Several major private equity firms have formed a global industry alliance called the AltExchange Alliance.   The AltExchange Alliance has launched the private equity industry’s first comprehensive standard for data formats.   The common format defined by this new standard aims to transform the way general partners, limited partners, fund