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Intelligence

Reed Smith adds funds partner to NYC corporate practice

Law firm Reed Smith has appointed Parik Dasgupta as a partner in the firm’s global corporate group in New York. Dasgupta was most recently a partner in the New York office of King & Wood Mallesons (KWM).    The addition of Dasgupta complements Reed Smith’s addition of 50 former KWM

McDermott adds fund formation lawyer in New York

McDermott Will & Emery has appointed Ian Schwartz as a partner in the firm’s corporate and transactional practice group in the New York office.  Schwartz will be head of the firm’s investment funds practice with a focus on fund formation and a particular emphasis on the formation of private equity

HIG Bayside Capital sells Ready Pac Foods

HIG Bayside Capital, a special situations affiliate of private equity firm HIG Capital (HIG), has sold its portfolio company Ready Pac Foods to Bonduelle SA. Based in Irwindale, California, Ready Pac is the market leader in the rapidly growing single-serve salad market through its Bistro Bowl line of products, as

Armando Gonzalez, RavenPack

RavenPack launches big-data analytics and visualisation platform

RavenPack, a big data analytics provider for financial services, has launched a self-service data and visualisation platform that enables financial professionals to analyse unstructured data for investing and trading and to support risk management and compliance. The platform allows users to monitor market-moving events, and quickly surface insights by combining

MPG Jeremy Leach

Malta will be biggest Brexit beneficiary, says MPG

Malta will benefit more than any other financial centre in Europe from Brexit, according to international asset management firm Managing Partners Group (MPG). While Malta offers financial firms wishing to operate in the European Union several benefits, the alternatives all have serious flaws that make them comparatively less attractive, MPG

Aurelius adds four to UK team

Aurelius Equity Opportunities, a pan-European mid-market investor, has made four appointments in its London office. Karun Dhir and Thomas Pinks have joined the group’s London-based investment team and will assist in the sourcing and execution of Aurelius’ UK investments.   Timothy (Tim) Spillane and Amar Gulati have both joined Aurelius’

Niels Nielsen, ZEDRA

ZEDRA signs Sovos to automate multi-jurisdiction AEOI tax reporting

ZEDRA, an independent fund specialist in trust, corporate and fund services, has placed an order with Sovos – the tax compliance software experts – for its AEOI Reporting solution. Once implemented, the solution will help ZEDRA meet the demands of its tax, compliance and reporting obligations.   More than 100

IGF provides GBP2m funding to Insite Contracts

Independent Growth Finance (IGF), a commercial finance provider for SMEs, has provided a GBP2 million asset based lending line to Insite Contracts Ltd, a high-end office fit out and refurbishment company based in Scotland. Based in the north of Glasgow, Insite has a client portfolio spanning the public, commercial fitout/refurbishment, industrial and retail markets.    Founded in 2004, Insite

Madrona adds two investment professionals

Madrona Venture Group, an early-stage venture capital firm, has made two additions to its team. Maria Karaivanova is joining Madrona as a principal to focus on sourcing and evaluating new investment opportunities, and Alice Ryder as director of investor relations and business development.   She will work with Madrona’s investors,

HIG Capital expands Latin America investment team

HIG Capital has appointed Daniel Nader as principal in the HIG Latin America team, as part of a strategy to expand its investment activity into real estate assets in the region. HIG has been investing in Latin America since 2012 when it established operations in Brazil. The firm subsequently raised

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