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Intelligence

Brevet Capital Management appoints Chief Financial Officer

Brevet Capital Management (Brevet), an investment management firm focused on creating customised, value-adding financing solutions, has appointed Vikram Sodhi as Chief Financial Officer. Sodhi joins Brevet from PricewaterhouseCoopers (PwC) where he was a Partner in the Banking and Capital Markets Assurance practice providing assurance and advisory services. In his 24

Alcentra adds to direct lending team

Alcentra Limited (Alcentra), an alternative fixed income specialist for BNY Mellon Investment Management (IM), has appointed Sarah Madore, Maria Garcia Diego and Joanna Layton to new roles within its European Direct Lending team. Sarah Madore and Maria Garcia Diego join as Associates. In addition to the two external appointments, Joanna

Ironwood Capital completes USD400m fundraise for fund IV

The partners of Ironwood Capital have successfully completed a USD400 million capital raise for Ironwood Mezzanine Fund IV LP and its affiliated funds (IMF IV), with commitments from over 40 domestic insurance companies, banks and pension funds. This new fund will enable Ironwood to continue investing both subordinated debt and

Noerr advises Schwarz Group on takeover of waste disposal provider Tönsmeier

Noerr has advised the Schwarz Group on the takeover of the Tönsmeier group of companies. The Schwarz Group, Europe’s largest retail company, is implementing the purchase through its affiliate GreenCycle, located in Neckarsulm, Germany. GreenCycle is taking over the fifth largest player on the German waste disposal market. Tönsmeier is

MediaMath secures USD225m in new funding round led by Searchlight

MediaMath, a specialist in programmatic advertising, has secured USD225 million in new financing, in a funding round led by Searchlight Capital Partners (Searchlight). The funding provides MediaMath with strategic growth capital to accelerate the expansion of its Demand Side Platform (DSP) and Data Management Platform (DMP). The funding, which will be

TA Associates to invest in Compusoft

Private equity firm TA Associates is to invest in Compusoft, a provider of computer-aided design (CAD) software to the kitchen and bathroom retail industries. The investment is expected to close in the third quarter of 2018. Financial terms of the transaction have not been disclosed. Compusoft’s main products, Winner Design

Unicorn Capital Partners closes Fund II at USD250m

Unicorn Capital Partners (Unicorn), a venture capital fund-of-funds manager focused on China and other key technology markets in Asia, has closed Unicorn Partners Fund II at its hard cap of USD250 million. In line with its two predecessor funds, the Fund will partner with venture capital managers who invest in

Adams Street Partners appoints Head of Product Strategy

Private markets investment firm Adams Street Partners has appointed Steve Landau as Partner and Head of Product Strategy. In the newly created role, Landau will lead Adams Street’s efforts to develop innovative product solutions that meet the evolving needs of the firm’s clients. He will be based in Adams Street’s

MTech Capital completes initial closing of InsureTech fund

MTech Capital has held the initial closing of the firm’s InsureTech venture fund with USD75 million of capital commitments from three anchor investors including CNA Financial Corporation, NN Group, and a top-3 global insurance company. MTech Capital is a venture capital firm with offices in Los Angeles and London, founded

PE-backed Prototek acquires Hayes Manufacturing

Chicago-based private equity firm Core Industrial Partners’ portfolio company Prototek Sheetmetal Fabrication has acquired Hayes manufacturing Services. Financial terms of the transaction have not been disclosed.   Headquartered in Silicon Valley, Hayes offers rapid prototyping and low-volume precision machining services for a blue-chip customer base primarily in the medical, aerospace,

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