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Intelligence

Burford Capital secures funding for USD1.6bn in new litigation investment

Burford Capital Limited, a global finance and investment management firm focussed on law, has announced new funding arrangements to facilitate its next USD1.6 billion in litigation finance investments. The new capital will come from three sources: a sovereign wealth fund with which Burford has entered a strategic capital relationship; a

Wind farm

NTR acquires two French wind power projects

NTR has entered the French renewables market with the acquisition of two wind power projects together comprising just under 20MW and with a total capital investment of over EUR35 million. NTR’s second sustainable infrastructure fund, NTR Renewable Energy Income Fund II, has acquired Bricqueville, an 8.8 MW project from RES,

Survey

Demand for RegTech solutions to intensify as regulatory burden looms larger

An overwhelming majority (85 per cent) of financial services professionals predict that demand for RegTech solutions will continue to grow until at least 2020 as the wave of new regulation a decade after the financial crisis shows no sign of abating.  Intertrust, a global leader in providing expert administrative services

Bregal Milestone invests in e-mobility specialist Greenstorm from EUR400 million fund

Bregal Milestone, a European private capital firm, has completed an investment into Greenstorm, an innovative e-mobility and e-commerce company based in Kufstein, Austria. The investment is made from a EUR400 million fund dedicated to investing in European growth companies. Bregal Milestone’s commitments typically range from EUR20 million to EUR60 million.

Dillon Eustace advises Superior Storage on its sale to Iron Mountain

Dillon Eustace has acted as adviser to the shareholders of Superior Storage, an Irish company based in Dunshaughlin specialising in file and document storage, on its sale to Iron Mountain, the US specialist in storing, protecting and managing information and assets.   The deal was for an undisclosed amount.  

Ridgemont Equity Partners closes new flagship fund with USD1.65bn in commitments

Ridgemont Equity Partners, a middle-market buyout and growth equity investor, has closed Ridgemont Equity Partners III with USD1.65 billion in commitments. Fundraising for REP III launched with a target of USD1.25 billion and closed with excess demand, driven by strong support from existing limited partners combined with significant interest from

Announcement

EPIC Holdings to acquire Integro USA

EPIC Holdings is to acquire Integro Holdings, a specialty insurance brokerage and consulting business in the US with revenue in excess of USD150 million. Financial terms of the proposed transaction have not been disclosed.    Integro USA brings to EPIC expertise that is well-aligned with EPIC’s diverse insurance distribution platform. Areas of focus

Geoff Cook, Jersey Finance

Value of Jersey-regulated funds tops GBP300bn for first time

The value of regulated funds serviced in Jersey has broken through the GBP300 billion barrier for the first time, according to the latest figures to be collated by the jurisdiction’s regulator the Jersey Financial Services Commission (JFSC). Figures for the third quarter of 2018 (ending 30 September 2018) show that

YFM Equity Partners sells stake in Gill Marine

YFM Equity Partners has sold its stake in Gill Marine Holdings Limited (Gill) for an undisclosed sum to the Myers family office, working in conjunction with Pop Capital, a specialist brand investor.  Gill has more than 40 years of heritage in designing technical clothing, footwear and accessories for elite sailors

Egress secures USD40m growth equity funding led by FTV Capital

Egress, a provider of data privacy and compliance software designed to secure unstructured data, has raised USD40 million in a Series C financing round led by FTV Capital, with continued participation from existing backer AlbionVC. Egress will use this investment to build on its ongoing rapid growth in Europe and

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