Figures issued today show that the value of investment fund business in Guernsey grew by GBP14.3 billion (5.9%) during the final quarter of last year. The increase represents the sixth consecutive quarter of growth and takes the net asset value of funds under management and administration in the Island to

Intertek, a provider of quality and safety services, has entered into an agreement to acquire Moody International (Moody) from alternative investment firm Investcorp. Moody is a worldwide technical services organisation dedicated to reducing clients’ risks by providing technical inspection services, technical staffing services, consulting and training, and global management system

bubbles & beyond, a technology company focusing on customised intelligent fluids, has closed a second financing round. All existing investors – LBBW Venture Capital, S-Beteiligungen, Hightech-Gruenderfonds and KfW – participated in the round, which totals EUR1.2m.  The new funds will be used to strengthen the international market presence of bubbles

Portland-based private equity group Riverlake Partners has sold SP Industries, Inc, a leading designer and manufacturer of laboratory products and pharmaceutical production equipment, to an affiliate of Graham Partners of Newtown Square, PA. “During our ownership period, several value-creating initiatives were implemented,” says Erik Krieger, founder and managing partner of

Sarona Asset Management successfully closed the 2011 series offering of its Sarona Frontier Markets Fund I LP on January 31st, with over USD22 million in investor commitments raised. The fund is a global industry first – a private equity fund-of-funds that offers investors an aggressive strategy of financial, social, and environmental targets

The early quartile rankings for both buyout and venture capital funds are an excellent predictor for future relative performance, according to the results of a study by Preqin. Some 50% of buyout funds ranked in top quartile in year four go on to be top quartile at maturity, with 75%

Pegasus Capital, an affiliate of Pegasus Capital Advisors, and Intersection, have created of Re Community Holdings, (ReCommunity), a new entity formed in partnership with MissionPoint Capital Partners, HarbourVest Partners LLC, and Ares Capital Corporation, and following the closing of an acquisition of select recycling assets of FCR, Inc.   ReCommunity

LDC-backed Aesica Pharmaceuticals has successfully completed the acquisition of three manufacturing sites in Germany and Italy from leading biopharma company, UCB. Aesica was formed in September 2004 through a management buyout of a former BASF site in Cramlington, Northumberland, backed by LDC, which took a significant stake in the business