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Intelligence

Shaun Lascelles, Vinson & Elkins

Vinson & Elkins appoints Shaun Lascelles as partner

M&A, private equity and hedge fund lawyer Shaun Lascelles (pictured) has joined Vinson & Elkins as a partner, enhancing the firm's growing private equity practice group in London. Lascelles comes to V&E from Ashurst.   Prior to August 2015, he was a partner and co-head of the global private equity

PNC Bank closes CAD17.1m in tech financing for Doxim

PNC Bank Canada Branch has completed a CAD17.1 million financing package for Doxim Solutions ULC, a provider of SaaS customer engagement solutions for banks, credit unions and wealth management firms in North America. The PNC financing included a CAD1.9 million senior secured revolver with a CAD15.2 million senior secured term

Duane Morris & Selvam adds director in Shanghai

Justin JX Cai has joined Duane Morris & Selvam’s corporate, banking and finance practice groups as a director in its Shanghai office. Cai’s appointment further strengthens the firm’s corporate capabilities in Asia.   He joins Duane Morris & Selvam from MWE China Law Offices, McDermott Will & Emery’s strategic alliance

Independent private equity firm Stage Capital launches

Stage Capital has completed its separation from NBGI, backed by funds managed by Deutsche Bank Private Equity (DBPE) and Goldman Sachs Asset Management (GSAM). DBPE and GSAM will be limited partners in the funds managed by the firm, alongside significant investment by members of the Stage Capital team.   The

Omnes Capital sells stake in the Pommier Group

Omnes Capital is selling its stake in the Pommier Group as part of a management buyout (MBO) headed by Jean-Patrick Sauvy, supported by a consortium of investors comprising BPI, NCI and BNP Paribas Développement. Based in Saint-Ouen-l’Aumône and founded in 1945, the Pommier Group is one of Europe’s leading names

Neon expands M&A team

Neon has appointed Vanessa Young to the role of underwriter and solicitor – M&A insurance, reporting to the head of M&A liability insurance Rob Brown. Young joins Neon from her previous role as legal director at Bird & Bird.   She brings extensive UK and international M&A experience with considerable

Trowers & Hamlins advises Apache on GBP145m Birmingham development

Trowers & Hamlins has advised Apache Capital Partners on the acquisition of its new 0.77-acre Birmingham development with Moda Living. The premium purpose-built rental development on Broad Street will be delivered by Moda Living and will be fully funded by Apache Capital, the London and Gulf based private real estate

ESMA Steven Maijoor

ESMA consults on future reporting rules for securities financing transactions

The European Securities and Markets Authority (ESMA) has issued a consultation paper on draft technical standards implementing the Securities Financing Transaction Regulation (SFTR), which aims to increase the transparency of shadow banking activities. Securities financing transactions (SFTs) are transactions where securities are used to borrow cash (or other higher investment-grade

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