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Capital Business Credit rebrands as White Oak Commercial Finance

White Oak Global Advisors has rebranded Capital Business Credit, the finance lender and provider of asset-based loans, factoring and trade finance products which it acquired in December 2016, as White Oak Commercial Finance. “The White Oak Commercial Finance platform will provide asset-based loans, equipment financing, factoring, working capital solutions and

Pictet Alternative Advisors’ Monte Rosa IV raises USD815m

Pictet Alternative Advisors (PAA), the alternative investment specialist of the Pictet Group, has held the final close at USD815 million of Monte Rosa IV, the fourth fund in a series of diversified, multi-manager private equity funds. Maurizio Arrigo, head of private equity at PAA, says: “This is 2.5x bigger than

McDermott’s Milan office hires corporate and transactional team

International law firm McDermott Will & Emery has added a new corporate team in its Milan office with the arrival of three partners, Giancarlo Castorino, Ettore Scandale and Emidio Cacciapuoti, and a team of four counsel and 10 fee earners.  The team joins from the Milan office of King &

HIG Capital sells Brand Addition

Global private equity firm HIG Capital has sold Brand Addition to Elysian Capital. Terms of the transaction have not been disclosed.   Headquartered in the UK, Brand Addition is a global service provider in the design, sourcing and distribution of promotional merchandise to large corporates predominantly in the automotive, engineering,

Kate Clouston, Guernsey Finance

Guernsey Finance appoints deputy CEO

Guernsey Finance, the island’s offshore finance promotional agency, has promoted Kate Clouston to the position of deputy chief executive. Since starting with Guernsey Finance in 2015 as the agency’s first director of international business development, Clouston (pictured) has been responsible for leading business delegations and promotional activity in South East

CohnReznick launches European advisory subsidiary

CohnReznick, a US-based accounting, tax, and advisory firm, has tapped Netherlands-based Marc Altena to serve as EMEA advisory services leader and leader of the firm’s newly formed European subsidiary, CohnReznick Netherlands, based in The Hague. Altena is an experienced consultant specialising in business and technology transformation solutions.   Previously, he

James Savage joins YFM Equity Partners

YFM Equity Partners has appointed James Savage as portfolio director. Based in the London office, he will focus on actively managing YFM’s growth and buy-out investments as part of the portfolio team led by David Bell.   With over 12 years’ industry experience, Savage joins from Barclays’ Principal Investments team

Howard Kennedy advises Solopress shareholders on sale to German print company

Law firm Howard Kennedy has acted for the founders and shareholders of Solopress on its sale to German print giant Onlineprinters, which completed on 2 May 2017. Solopress, founded in 1999, is one of the UK’s largest fast-turnaround online print companies, providing a wide range of business printed materials, including

CVC Credit Partners provides financing to support Wastewater Specialities

CVC Credit Partners’ US middle market private debt business acted as administrative agent on a first lien senior secured debt facility provided to Wastewater Specialities (WWS).  The proceeds were used to refinance existing debt and support future growth through equipment purchases.    Headquartered in Lake Charles, Louisiana and employing over

BDC and MaRS IAF hold initial closing of women-focused fund

The Business Development Bank of Canada (BDC) and MaRS Investment Accelerator Fund (IAF), a seed-stage investor funded by the Province of Ontario and managed by MaRS, have held the first closing of StandUp Ventures Fund I. BDC Capital, the investment arm of BDC, has contributed CAD5 million to the new fund; other

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