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Intelligence

King & Spalding adds tax lawyer in New York Office

King & Spalding has appointed Kevin Glenn as a partner in the firm’s New York office. Glenn, a former partner at KPMG, joins the firm’s Corporate, Finance and Investments practice group, which includes the firm’s tax practice, to provide US tax advice to US and foreign multinational companies on cross-border

Myles Gilbert, Ares

Ares Management appoints Head of Investor Strategy & Solutions

Ares Management has appointed Myles Gilbert (pictured), former Managing Director at Cambridge Associates and Co-Chairman of its Credit Investment Committee, as Partner, Head of Investor Strategy & Solutions. In this newly formed position, he will oversee a team of professionals within the Ares Strategy & Relationship Management Group. He is

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FCA referrals to Regulatory Decisions Committee jump by 65 per cent

There has been a 65 per cent jump in the number of firms referred to the Regulatory Decisions Committee, suggesting an acceleration in FCA investigations, according to Cleveland & Co, the boutique legal advisory business. Information provided to Cleveland & Co by the FCA shows there were 476 firms in

Palatine-backed Gusto appoints new MD

Gusto Restaurants has appointed Matt Snell as its new Managing Director. Snell recently joined the group as Commercial Director and will take over the reins from current MD Sue Crimes in April. Crimes will move into a Non-Executive board position as part of a planned succession process. Gusto’s Chairman, Jeremy

Aztec Group makes two director promotions in Jersey

Leading independent fund and corporate services provider, the Aztec Group, has made two senior promotions in Jersey with Michael Wood and Erique Mvalo both being appointed as directors within the private equity team. Wood and Mvalo have played a vital role in the growth of the Group’s private equity offering,

1315 Capital completes single close on over USD300m healthcare growth equity fund

Private equity firm 1315 Capital has held the single close of 1315 Capital II, a healthcare growth equity fund, at its hard cap over USD300 million, exceeding its USD250 million target. Similar to the first fund, 1315 Capital II includes endowment, foundation, public and private pension, and family office limited partners.

New distillery seeks entrepreneurial spirit

A new distillery, whose founders want to make England’s West Country one of the most recognised names in fine whisky, is seeking GBP2.75 million in SEIS/EIS funding. The Dorset County Distilling Company is looking for backing to complete construction and begin production at its Springhead Distillery in the picturesque Blackmore

The cyberattacks lurking on private equity’s doorstep

By Ian Kelly (pictured), Augentius – Too many private equity firms are vastly underestimating their vulnerability to cyberattacks. While most managers are still implementing basic cybersecurity measures, criminals are eyeing them up for attacks that showcase a higher level of brazenness and financial intellect. The PE response to cybercrime has

Eva March, advinda

advinda launches first capital raising app for the alternatives industry

General partners (GPs) in the alternative investment industry now have a single app that combines CRM tailored for capital raising and investor relations with global institutional investor intelligence. advinda Investor Cloud’s new capital raising app includes contacts for limited partner (LP) decision makers, segmented by region and investor type.  

Tethys Investment Management joins EMPEA

Tethys Investments has become a full member of the Emerging Markets Private Equity Association (EMPEA), joining the ranks of more than 300 PE funds (including a few PE funds from the Eastern Europe and Central Asia region) with USD5 trillion assets under management. Tethys Investments is the first and only

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