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Intelligence

Hedge fund and private equity investors to focus 2020 due diligence efforts on alternative data compliance, says Corgentum survey

Hedge fund and private equity investors to focus 2020 due diligence efforts on alternative data compliance, says Corgentum survey.The vast majority (83 per cent) of hedge fund and private equity investors  intend to continue increasing the resources they allocate to analysing compliance procedures surrounding alternative investment managers use of third-party

Tech Security

How will the new US rules on foreign investment affect private equity?

The Committee on Foreign Investment in the United States (CFIUS) has issued a final set of regulations to implement the Foreign Investment Risk Review Modernization Act (FIRRMA). The new rules which were revealed on Monday and will come into effect in February, are geared towards increased investigation of foreign investors

IQ-EQ appoints new MD for the UK and Ireland

IQ-EQ, a global investor services group, has appointed John Legrand as Managing Director of UK and Ireland and member of its executive leadership team. The company says this key hire reflects the strategic significance of its growing UK & Ireland business.   Legrand’s 22-year career has afforded him the opportunity to

RedRidge Diligence Services appointss National Director

Matt Rasul has joined RedRidge Diligence Services as National Director, Talent Acquisition and Employee Relations. Based in Dallas, Rasul will drive the company’s talent acquisition strategy – playing a hands-on role in the recruitment of top talent and managing employee relations both domestically and abroad. He will also be responsible for

Floreat invests USD25 million in Air Lease Corporation’s Thunderbolt III ABS

Private investment group Floreat has invested in Air Lease Corporation’s (ALC) new asset-backed securitisation (ABS).Known as Thunderbolt III, the newly-formed entity (Thunderbolt III Aircraft Lease Limited) will purchase a portfolio of 19 commercial aircraft on operating lease to 18 airlines in 15 countries. The airlines are diversified globally and over

NPIF – Maven invests GBP250,000 in Real Handful

NPIF – Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund has invested GBP250,000 in healthy snacking brand Real Handful. The funding will allow the business to invest in product development as well as its sales and marketing activities to develop its commercial offering

Baird Capital Invests in the Vega Global Group

Baird Capital (Baird) has acquired a majority stake in the Vega Global Group (Vega).Vega is a provider of audio visual and video collaboration solutions for organisations of all types throughout the Asia Pacific region. Vega’s services enable global communications for the modern workplace, facilitating meaningful collaboration to enhance productivity for

Comhar Capital completes GBP4.25m investment in The Lakes Distillery

The Lakes Distillery, a Cumbrian-based whisky distiller, has secured a GBP4.25 million investment from Comhar Capital, to support its ambitious growth plans.With its investment Comhar Capital has acquired a minority share in the business. The funding will support The Lakes’ ongoing capital investment programme and continued growth in maturing whisky

Ironwood Capital sells Bush Industries

Ironwood Capital has exited its subordinated debt and minority equity investment in Bush Industries (Bush) via a sale to Canadian designer and manufacturer of ready-to-assemble home and office furniture, Bestar.  Bush, headquartered in Jamestown, New York, is a manufacturer and distributor of commercial and home office furniture. Bush and Bestar have over

ORIX Mezzanine & Private Equity changes name to ORIX Private Equity Solutions

ORIX Corporation USA’s (ORIX USA) business unit ORIX Mezzanine & Private Equity has changed its name to ORIX Private Equity Solutions. â€œOur business strategy remains unchanged. We have always sought to be a flexible provider of capital to our transaction partners. For a long time a large majority of the capital

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