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Intelligence

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Ogier adds to Cayman finance and funds teams

Two specialists in Banking and Finance and Investment Funds have joined Ogier in Cayman. Debt capital markets and structured finance expert Kristi Green, and hedge funds specialist Emma Sutherland, have both been appointed as Counsel.

Epidarex portfolio company Harpoon acquired by Edwards Lifesciences

Epidarex Capital (Epidarex) portfolio company Harpoon Medical (Harpoon), a pioneer in beating-heart repair for degenerative mitral regurgitation (DMR), has been acquired by Edwards Lifesciences for up to USD250 million. Under the terms of the merger agreement, Edwards paid USD100 million in cash for Harpoon at closing on 1 December, 2017

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Do I really need cyber liability insurance?

By George Ralph, RFA – Whilst popular in the US, here in the UK, cyber liability insurance is slowly gaining traction but hasn’t yet reached a level of widespread adoption.  Possibly because firms in the US have clearer liabilities where customers’ data is concerned, with a mandate to notify all

Abacus Group adds 72 Alt Investment Fund Clients in 2017

Abacus Group has added 72 new client firms through the first three quarters of 2017 along with a host of platform and cybersecurity enhancements, and a new solution specifically for small and start-up funds.  Chris Grandi, CEO of Abacus Group, says the company has surpassed 100 employees as it completes

Churchill Asset Management completes second middle market CLO

Churchill Asset Management (Churchill), a provider of senior and unitranche debt financing to middle market companies, has closed its second structured debt investment offering, a USD340 million collateralised loan obligation fund (CLO) named TIAA Churchill Middle Market CLO II Ltd. This follows TIAA Churchill Middle Market CLO I Ltd, a

IWSC Group rebrands as The Conversion Fund

IWSC Group has rebranded as The Conversion Fund in a move the firm says more accurately reflects the nature of the company as a private investment vehicle, partnering with entrepreneurs and innovative management teams to drive sustainable value. With expertise in acquiring, incubating and growing businesses that span sectors in

Inflexion secures GBP150 million stake in Radius Payment Solutions

Lawyers from Carey Olsen’s corporate and finance group in Guernsey have advised longstanding client, Inflexion Private Equity (Inflexion), on its minority investment in Radius Payment Solutions (Radius), a leading fleet payments and telematics provider. Inflexion has invested GBP150 million in Radius, with the deal valued at GBP800 million, through its

Kirkland & Ellis Advises Vitruvian Partners on Technogroup acquisition

Kirkland & Ellis International is advising Vitruvian Partners on the acquisition of Technogroup IT-Service. The transaction is still subject to the approval of the antitrust authorities. Vitruvian Partners is an independent pan-European private equity firm which specialises in ‘dynamic situations’ – investments in companies undergoing rapid growth and change. Vitruvian

LiveHire raises USD20m to accelerate growth in global RPO channel and AI investment

LiveHire Limited, a Live Talent Community software platform providing an enterprise scale, human-cloud hiring ecosystem across entire industries, has received firm commitments to raise USD20 million via a placement to institutional and sophisticated investors. The Placement will comprise of approximately 19.05 million shares (Placement Shares) at a price of USD1.05

Murray Devine adds Managing Director for Business Development in New York

Murray Devine has appointed Mark Emrich in the firm’s New York office. Emrich will lead Murray Devine’s New York business development activities with an emphasis on alternative investment firms and financial service intermediaries including investment banks, law firms, accounting and audit firms, and insurance companies. Emrich has over 20 years

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