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Intelligence

TrueBridge closes direct investment fund above USD100m target

Venture capital investment firm TrueBridge Capital Partners has held the closing of its first direct investment fund, TrueBridge Direct Fund, with USD125 million in commitments, exceeding its target of USD100 million. The Direct Fund, TrueBridge's fifth fund, brings the firm's total assets under management to USD1.8 billion. The firm's previously

RCP makes multiple promotions

RCP Advisors has promoted Dave McCoy to managing partner; Alex Abell, Nell Blatherwick, Michael Feinglass and Andy Nelson to partner; and Ross Koenig and Michael Rice to vice president. McCoy joined RCP in 2010 and has 15 years of private equity experience. Heis the portfolio manager for RCP’s co-investment funds

Maven to manage GBP57.5m equity fund for NPIF

Private equity house Maven Capital Partners has been appointed by the Northern Powerhouse Investment Fund (NPIF) to manage the GBP57.5 million NPIF Maven Equity Finance fund. It is part of NPIF’s GBP400 million of capital available to support growing SMEs.    NPIF Maven Equity Finance is focused on providing equity

K&L Gates adds partner in Dallas

K&L Gates has appointed Michael D Cuda as a partner in the firm’s banking and asset finance practice in Dallas. Cuda joins K&L Gates from Squire Patton Boggs.   With more than 25 years of energy and banking experience, Cuda counsels clients on domestic and international energy and oil and gas

Greenbriar Equity Group names Niall McComiskey as MD

Transport industry-focused private equity firm Greenbriar Equity Group has appointed Niall McComiskey as a managing director. McComiskey joined Greenbriar in 2006 and has led the structuring and sourcing of a number of investments across the transportation space, with a particular focus in the aerospace, commercial vehicle, distribution and shipping sectors.

Greg Uythoven, RiverNorth

RiverNorth appoints institutional portfolio specialist

RiverNorth Capital Management, a boutique investment management firm specialising in opportunistic strategies, has appointed Greg Uythoven as an institutional portfolio specialist. In this role, Uythoven (pictured) is responsible for supporting the investment management team by serving as a liaison between RiverNorth’s portfolio managers and institutional investor base.   “Greg is

KORE Software invests in Fevo

KORE Software has created a new venture capital entity, KORE Software Capital, which has made its first investment in the group ticketing company Fevo. One of KORE's ongoing goals is to share its success by helping other promising companies develop industry-leading ideas and initiatives.   To further this goal, KORE

GEO to acquire Community Education Centers

Real estate investment trust The GEO Group is to acquire Community Education Centers (CEC), a private provider of rehabilitative services for offenders in re-entry and in-prison treatment facilities as well as management services for county, state and federal correctional and detention facilities. GEO will acquire CEC for USD360 million in

Gilson Gray to double capacity of prime Edinburgh office

Legal firm Gilson Gray has doubled the capacity of its centrally located Edinburgh office after rapid growth in its first three years. Gilson Gray, based at 29 Rutland Square in the heart of Edinburgh’s financial district, has expanded into the neighbouring four storey building at 25 Rutland Square, increasing its

Blackstreet Capital Holdings purchases fourth ice arena

Iceoplex Operating, an affiliate of Blackstreet Capital Holdings (BCH), has acquired substantially all of the assets of the Iceoplex at Southpointe sports complex. The facility has one sheet of ice, one multi-purpose indoor sport court utilised for indoor soccer and other turf sports, a health club, outdoor volleyball courts and

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