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Intelligence

Aztec Group promotes Associate Director in Guernsey

Independent fund and corporate services provider, the Aztec Group, has promoted Nick Barton to Associate Director in Guernsey. Barton joined the Aztec Group as a Senior Fund Accountant in 2010 from Investec Trust. Since then, he has been instrumental in evolving a multi-product and multi-jurisdictional service for some of their

BGF to exit minority stake in Benefex

BGF is to exit its investment in employee benefits firm Benefex, the first company to receive BGF funding when it launched in 2011. BGF’s minority stake will be acquired by Bain Capital. The acquisition will enable Benefex to benefit from synergies with Bain Capital’s investments in the HR technology sector

Triple Point Impact EIS announces first investment of up to GBP250,000 in MWS Technology

Triple Point, which provides innovative and compelling investment solutions for private and institutional investors, has made the first investment of its Impact EIS managed service, of up to GBP250,000 in MWS Technology (MWS), provider of a Software-as-a-Service (SaaS) platform, and thus helping to develop Aptem, for companies delivering apprenticeship training. The

Onno Bouwmeister, Vistra

Vistra completes acquisition of corporate services business from Deutsche Bank

Vistra, a global fund administration, trusts and corporate service provider, has completed the acquisition of the Corporate Services business of Deutsche Bank’s Global Transaction Banking division. Following Vistra’s announcement of the deal in September 2017, the Corporate Services business will now be rebranded under the Vistra umbrella.   ‘Corporate Services’ provides

Mesirow Financial advises Ingenious Packaging Group on sale to Resource Label Group

Mesirow Financial has acted as the exclusive financial adviser to Ingenious Packaging Group (Ingenious) on its sale to Resource Label Group (Resource Label), a portfolio company of First Atlantic Capital and TPG Growth. Located in Toronto, Canada, Ingenious services customers across the food, beverage, health and beauty, spirits, nutraceutical, distribution,

PWP Growth Equity sells Western Window Systems

PWP Growth Equity, the middle market private equity group of Perella Weinberg Partners, has completed the sale of Western Window Systems to PGT Innovations for USD360 million in cash, subject to customary purchase price adjustments.   The sale of Western Window Systems (WWS), a premier door and window manufacturer, is

Reed Smith adds senior counsel in Century City office

Reed Smith has appointed Moshe J Kupietzky, formerly a member of Sidley Austin LLP’s Los Angeles Corporate and Finance practice, as senior counsel in its Century City office. Kupietzky previously served as head of Sidley’s Los Angeles Corporate and Finance practice for more than 20 years, and he was its

Wind farm

MEAG and Luxcara structure financing for Norwegian wind farm

Luxcara, a European asset manager focused on renewable energy investments, and MEAG, the asset manager of Munich Re and ERGO, have initiated and structured a project bond to finance a wind farm in Norway. A lower three-digit million euro amount of projects bonds has been privately placed with investors of

Jones Day adds two new partners in London

The global law firm Jones Day continues to expand in Europe’s key financial centre with the appointment of partners Lee Federman and Ewen Scott, who will both join the Firm’s Banking, Finance & Securities Practice in the firm’s London Office. The arrivals of Federman and Scott follow that of Ben

Bridges backs Medwood to support better health outcomes in underserved communities

Bridges Fund Management (Bridges), the specialist sustainable and impact investor, has acquired a majority stake in Medwood Holdings (Medwood), via the Bridges US Sustainable Growth Fund. The existing management team is also re-investing in the business as part of the recapitalisation.   Medwood, through its operating subsidiaries, provides administrative and

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