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Intelligence

Gavin Carruthers, Vistra

Vistra Fund Services Jersey appoints Director

Vistra has appointed Gavin Carruthers (pictured) as Director of its Jersey Fund Services business. As Director, Carruthers will join the Funds team on the island who specialise in all aspects of corporate, fiduciary and administrative solutions for alternative investment structures, including real estate and private equity funds.   Carruthers brings

Michael Gottstein, Berdon Fund Services

Berdon Fund Services selects FundCount software

Berdon Fund Services, a New York-based fund administrator has incorporated FundCount’s accounting and investment software into its service offering.  FundCount is a Boston-based provider of integrated investment, partnership and general ledger accounting software that has been working with hedge funds, family offices and fund administrators since 1999. Berdon Fund Services’

Monroe Capital Provides USD125m credit facility to healthcare services company

Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a USD125 million senior credit facility to support the recapitalisation of a healthcare services company.  The Riverside Company made a simultaneous minority investment as part of the transaction.   The unnamed company is a provider

High Road Capital Partners acquires Midwest Wholesale Hardware

High Road Capital Partners has completed the acquisition of Midwest Wholesale Hardware, marking the sixth platform acquisition for High Road Capital Partners Fund II. Founded in 1987, Midwest Wholesale Hardware is a leading value-added wholesale distributor of commercial and institutional door hardware, electronic access control and security products. Based in

ACT Clean secures private investor backing for GBP10.2m MBO

Associated Continuity Teams (ACT Clean) has secured private investor backing for a GBP10.2 million management buyout – a significant deal that signals a new cycle of growth and energy for the specialist outsourcing company of kitchen porters, night cleaning and housekeeping. Founded in 2006, ACT Clean has grown swiftly, alongside

TA Associates invests in Retriever Medical/Dental Payments

Private equity firm TA Associates has made a minority investment in Retriever Medical/Dental Payments (Retriever), a provider of payment technology and merchant services to healthcare providers. Financial terms of the transaction have not been disclosed. Founded in 1993 by Frank Shiner, Retriever is one of the largest payments companies focused

Haynes and Boone CDG adds partners to finance, shipping and energy practices

Haynes and Boone CDG, has significantly expanded its London office with the addition of three partners, who will bolster the firm’s finance, shipping, and energy practices. Emma Russell and Zoë Connor join the firm as London partners in the Finance Group, where they will represent banks, investment funds and other

CVC Credit Partners prices CVC Cordatus Loan Fund VIII

CVC Credit Partners, an alternative investment manager focused on sub-investment grade debt markets in the US and Europe, has priced its CVC Cordatus Loan Fund VIII at EUR415.6 million via Goldman Sachs.  The CLO received strong investor demand across 33 investors, including five new investors to CVC Credit Partners’ European

CVC Capital Partners to acquire stake in Pension Insurance Corporation Group

CVC Capital Partners (CVC) is to buy the shares currently held by a number of investors in Pension Insurance Corporation Group (PICG), the ultimate parent company of Pension Insurance Corporation (PIC). The investment is subject to customary regulatory approvals. PIC is a specialist insurer and leading provider of bulk annuities

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