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Intelligence

Century Bridge Capital exits second JV investment

Century Bridge Capital has successfully exited and repatriated the proceeds from its investment in Ningbo, China.   The fund closed on its investment in the USD122 million, 840 unit development in March 2016 in joint venture with Hong Kong listed national developer, Jingrui Holdings. The investment represents Century Bridge’s second

Osisko Gold Royalties acquires Orion Mine Finance royalty portfolio

Osisko Gold Royalties is to acquire a precious metals portfolio of assets consisting of 74 royalties, streams and precious metal offtakes from Orion Mine Finance Group (Orion) for CAD1.125 billion. The combination of Osisko and Orion’s portfolios will result in the Company holding a total of 131 royalties and streams,

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Gresham House appoints ex-Amundi director as Head of Distribution

Gresham House, a specialist asset manager focused on alternative investment strategies, has appointed Michael Hart to the newly created role of Head of Distribution. Hart has over 20 years’ experience in both traditional and alternative asset management. Most recently he served as Global Head of Business Development at Amundi Alternative

Maven VCTs invest GBP2.5m in crematoria services business

UK private equity house Maven Capital Partners (Maven) has made a GBP2.5 million VCT qualifying investment in Horizon Cremation Limited (Horizon), which is embarking on an ambitious growth strategy in a sector experiencing increased demand for better quality service and facilities. Development capital provided by Maven clients will support this

Rooks Nest Ventures launches

Rooks Nest Ventures, an early-stage, evergreen fund, with a unique network and industry knowledge, has newly launched – with GBP28 million to invest initially. The new venture capital firm has a clear focus: to bring innovative media & entertainment companies together with impactful technology businesses. The fund will invest in technology

Agilitas-backed Reconor completes strategic acquisition

Pan-European mid-market private equity firm Agilitas’ portfolio company Reconor, one of the leading environmental services groups in Denmark, has acquired 100 per cent of Lotra A/S, an environmental services business based in Kolding, Denmark. Financial details for the transaction are not being disclosed.   Founded in 2000 by its CEO

Advent International acquires Danish food packaging company Færch Plast

Private equity investor Advent International has signed an agreement to acquire Danish food packaging company Færch Plast A/S (Færch Plast) from private equity fund EQT VI. Financial terms of the transaction have not been disclosed. Færch Plast is a Danish packaging company that holds a leading position within rigid plastic

EMW advises on GBP42m fund raise for Northampton based Barwood Capital

EMW, the commercial law firm, has advised Northampton-based real estate investment and development business, Barwood Capital on the initial GBP42 million close of its 2017 UK regional property fund. EMW explains that the fund focuses on property assets within the UK’s prime regional markets outside of London. The GBP42m raised

Redwood Bank appoints two senior directors to its board

Redwood Bank, a new UK SME Business bank that has recently secured its banking licence has made two senior appointments to its Board as part of its “Mobilisation” prior to launch later in 2017. David Buckley has been appointed Chairman and is a Non-Executive Director, and Nigel Boothroyd will join

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