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Clouds

Koger deploys NTAS platform in the cloud

Fintech company Koger has deployed its flagship NTAS platform for fund administration and compliance in the cloud. NTAS is a share registry system that manages fund tracking, reporting and fee calculation.    More than 8,000 funds with USD2 trillion in assets are administered through NTAS, which is used by many

Israel Secondary Fund closes USD100m fund

Israel Secondary Fund (ISF) has completed the closing of ISF II, a USD100 million secondary fund. The investors in ISF II include Israeli and global institutional investors, family offices, and high net worth investors.   Institutional investors in the fund include Halman Aldubi, Altshuler Shaham, Bank Hapoalim, IBI and Union

Orrick grows Italian M&A practice

Orrick has appointed Gabriel Monzon-Cortarelli as a partner in its M&A and private equity practice, resident in Milan. He will also spend significant time in Orrick’s New York office.   Monzon-Cortarell is the sixth partner to join Orrick’s European M&A practice in the past year. He joins the firm from

MoFo advises Syneron Candela on USD397m acquisition by Apax Partners

Morrison & Forrester (MoFo) is advising Syneron Medical on its USD397 million acquisition by British private equity firm Apax Partners. Syneron is a public company that develops and markets aesthetic medical products including devices for hair removal, wrinkle treatment, and skin rejuvenation.   The MoFo team is led by Jackie

Altus Capital Partners completes second exit of 2017

Altus Capital Partners, an investment firm focused on the North American manufacturing sector, has sold PRISM Plastics, a Michigan-based manufacturer of high-precision plastics, to a subsidiary of Marmon Engineered Components. Financial terms of the deal have not been disclosed.   Altus acquired PRISM in June 2014 alongside the company’s founders to

Laurent Vanderweyen, Alter Domus

Alter Domus opens second office in Ireland

Alter Domus, a provider of fund and corporate services, has opened its second office in Ireland in Cork, creating 60 new jobs. Alter Domus was established in Ireland in 2011 and in 2014 the firm acquired O'Donovan Stewart Corporate Services. The team was set up in Dublin to provide the

Investec adds to corporate and acquisition finance team

Investec Specialist Bank has appointed Conor McMahon to its corporate and acquisition finance team, led by Callum Bell, head of corporate and acquisition finance at Investec. Based in the team’s London office, McMahon will play a key role in the origination and execution of leveraged finance and private debt solutions

CVC Strategic Opportunities Platform to acquire stake in CLH

CVC Capital Partners’ (CVC) Strategic Opportunities Platform has agreed to acquire a 25 per cent stake in CLH, a Spanish oil transportation and storage company. CVC’s Strategic Opportunities Platform will acquire this stake from Ardian (10 per cent), as well as Kutxabank (5 per cent), Abanca (5 per cent) and

Amundi and CEA in joint venture to create Supernova Invest

European asset manager Amundi, with over EUR1 trillion in assets, has established a partnership with the French Alternative Energies and Atomic Energy Commission (CEA), creating an independent asset management company: Supernova Invest. In addition to taking over the current CEA Investissement funds (with an advisory mandate for the CEA's strategic

Abac Solutions acquires PronoKal Group

Private equity fund Abac Solutions and PronoKal Group’s management team have acquired 100 per cent of the company from its founders, in order to support its expansion process in Europe and Latin America. PronoKal Group makes protein-based dietary treatments for obesity and overweight, with sales in excess of EUR42 million

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