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Intelligence

FRP Advisory hires head of Corporate Finance team in the South West and Wales

FRP Advisory, the business advisory firm, has appointed Mark Naughton as a Partner to lead Corporate Finance in its Bristol office and focusing on major regional cities across the South West and Wales.  Prior to joining the FRP Advisory, Naughton led Grant Thornton’s Corporate Finance Team in the South West and

Foresight provides GBP40m debt funding line for Reward Finance Group Limited

Funds managed by Foresight Group have provided a GBP40 million secured loan note facility for Reward Finance Group Limited. Leeds headquartered Reward is an independent lender which provides secured loans to UK-based SMEs seeking more flexible finance, more promptly than mainstream lenders can deliver. Reward’s bespoke funding solutions take multiple

Gridiron appoints new MD for investor relations

Gridiron Capital has appointed Kallie Hapgood as Managing Director, Investor Relations. Hapgood has an extensive background in the private equity industry and numerous relationships with institutional investors.  Tom Burger, a Managing Partner at Gridiron Capital, says: “We have known Kallie for many years and have been impressed with her abilities

Jaguar Growth Partners adds Principal to team

Jaguar Growth Partners (Jaguar), a privately-held investment management firm focused on real estate private equity in global growth markets, has appointed Elizabeth (Liz) Bell as Principal on the firm’s investment team. Bell is based in Jaguar’s New York office and will lead the investment team in the firm’s expanding activity

Blackstone hires Head of Asset Management for Tactical Opportunities Business

Kelley Morrell is to join Blackstone as a Managing Director and Head of Asset Management for its Tactical Opportunities business. In her new role, Morell will be responsible for ongoing management and oversight of the group’s investment portfolio, and creating and driving added-value initiatives alongside the investment team.   Morrell

LDC makes multi-million pound investment in Patrick Parsons

UK mid-market private equity firm LDC has backed multi-disciplinary engineering consultancy Patrick Parsons with a multi-million-pound development capital investment to support the firm’s UK expansion strategy together with the acquisition of infrastructure engineering specialist THDA. Headquartered in Newcastle, Patrick Parsons has more than 250 specialist engineers and provides design services

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Alternative assets industry hits record size in 2016

The alternative assets industry reached a record size as of the end of 2016, according to the latest performance analysis data released by Preqin examining assets under management, horizon returns, public market equivalents and top performing funds. Hedge funds saw their assets hit a record USD3.25 trillion, despite net investor

Mooreland advises CYG on OptoFidelity acquisition

Mooreland Partners, a provider of M&A and private capital advisory services to the global technology industry, has acted as the exclusive financial advisor to OptoFidelity, an automated test technology provider for smart devices, on its sale to Changyuan Group. OptoFidelity Oy, based in Tampere, Finland, is a provider of innovative

NOW Money closes USD1.46m bridge funding round

NOW Money has closed its bridge funding round with a total of USD1.46 million in commitments. In addition to a recent US Venture Capital investment, this funding round includes USD700,000 from Dubai-based Venture Capital firm, Myrisoph Capital. Other contributions have come from private investors and MENA-based women’s investor network WAIN.

OrbiMed launches USD551m Asia private equity fund

OrbiMed, an investment firm focused on the healthcare sector, has closed its third Asia-focused private equity fund, OrbiMed Asia Partners III, LP, with approximately USD551 million in capital commitments. Consistent with its predecessor funds, Asia Partners III will invest broadly across the Asian healthcare industry, with a focus on growth

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