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Intelligence

Century Bridge names new CFO

Century Bridge Capital has appointed Tully Wyatt as Chief Financial Officer (CFO) with responsibility for all financial aspects of the firm, including both the Dallas and Beijing operations, and overseeing the treasury, compliance and financial management of the firm’s funds and investment vehicles. Wyatt replaced Jim McCoy who announced his

Mourant advises BGH Capital on Guernsey elements of AUD2.6 billion debut fund

Mourant Ozannes has represented BGH Capital (BGH) as to Guernsey law in the raising of its first private equity fund with a focus on investment in Australia and New Zealand. The fund, which held its final closing with commitments at around AUD2.6 billion (approximately USD2 billion), is the largest ever

Auth0 secures USD55m in Series D funding

Auth0, a specialist in Identity-as-a-Service (IDaaS), has secured USD55 million in Series D funding, bringing the company’s total financing-to-date to more than USD110 million. This round is led by Sapphire Ventures, and includes investment from World Innovation Lab, as well as from existing investors Bessemer Venture Partners, Trinity Ventures, Meritech Capital Partners,

Warburg Pincus sells ipan

Warburg Pincus, a global private equity firm focused on growth investing, has sold ipan Group, a providers of IP management services and software, to Castik Capital. Since its acquisition by Warburg Pincus in 2014, ipan has added over 100 new customers and more than tripled its revenues. This strong growth

Assetz Capital boosts returns across access accounts

Peer-to-peer business lender Assetz Capital has announced its first ever rate rise across its access accounts.  The rate increase, which takes effect from 1 May 2018 until further notice, will take target interest rates for the Quick Access Account and 30-Day Access Account from 3.75 per cent to 4.10 per

Ardian raises more than USD800m for inaugural American Infrastructure Fund

Private investment house Ardian has raised more than USD800 million for its first infrastructure fund dedicated to the US and other OECD American countries. The fund marks Ardian’s continued expansion into the American market. The fundraising, which was completed in less than six months, attracted a substantial number of North

Arma Partners advises GMT on the sale of MeetingZone to LoopUp

Arma Partners has acted as exclusive financial advisor to MeetingZone Limited on its sale by GMT Communications Partners and its management to LoopUp Group PLC. MeetingZone is a UK-headquartered conferencing and UC services provider with approximately 6,000 customers worldwide and international operations in Germany, Sweden and North America. MeetingZone provides

Manna Development Group Completes acquisition of 38 Panera Bread cafés

Manna Development Group (Manna) has acquired 38 Panera Bread cafés in Colorado, expanding its operating footprint to over 130 Panera Bread outlets across seven states. CapitalSpring, a leading private investment firm focused exclusively on the branded restaurant industry, structured and led the acquisition financing and recapitalisation, while Owl Rock Capital

Sivantos and Widex to merge

EQT funds, owners of Sivantos, and the Tøpholm and Westermann families, owners of Widex, have agreed terms to merge the two companies. The ‘strategic merger of equals’ will create a major player in the global hearing aid market generating combined revenues of approximately EUR1.6 billion and employing more than 10,000

Hermes launches European Direct Lending Fund

Hermes Investment Management (Hermes), the GBP33.0 billion manager, has launched the Hermes European Direct Lending Fund, which is managed by Patrick Marshall, Head of Private Debt & CLOs. The European Fund follows the successful launch of the UK Direct Lending Fund in 2016.   The Fund offers access to the

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