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Intelligence

FPE appoints chief financial officer

NorthEdge-backed engineering firm FPE Global has appointed Tim Hines as chief financial officer to support its continued growth strategy. Hines joins FPE with over 11 years’ experience in senior financial management positions. He has spent the past two years as finance director at mining solutions firm Joy Global, and has

Estera hires group head of corporate development

Fiduciary and administration services provider Estera has appointed Ethan Levner as group head of corporate development. He will be responsible for leading the company’s growth strategy, including mergers and acquisitions.   Farah Ballands, CEO of Estera, says: “It gives me great pleasure to welcome Ethan to our expanding team. Following

K&L Gates advises Equinix on acquisition of Paris data centre

The Paris office of global law firm K&L Gates have advised Equinix, the global interconnection and data centre company, on the acquisition of Digital Realty's operating business in St. Denis, Paris, including its real estate and data centre facility, for approximately EUR190 million. The US supplier will extend its hosting

Tikehau Capital raises EUR200 million to finance growth

Tikehau Capital has secured a EUR200 million five-year syndicated loan facility for its long term investment company Tikehau Capital Partners. The loan is from eight international banks led by BNP Paribas, Credit Agricole Corporate & Investment Bank and LCL.   This marks the first time Tikehau Capital has used a

Preqin Felice Egido

Californian alt assets industry reaches USD732 billion in AUM

Although California is best known for its venture capital industry, the state has seen marked growth and diversification of its alternatives market, as other private capital and hedge fund managers are drawn to the area, according to Preqin. The number of active California-based private capital firms has more than trebled

Arma Partners advises Brite:Bill on sale to Amdocs

Arma Partners has acted as financial adviser to Brite:Bill on its sale to Amdocs. Founded in 2010, Brite:Bill is headquartered in Dublin, Ireland and backed by Delta Partners, Enterprise Ireland, Investec Ventures and other angel investors and founders.   Brite:Bill has been named a “Cool Vendor” by Gartner and serves

Italmobiliare acquires Clessidra Sgr

Financial holding company Italmobiliare has completed its acquisition of private equity house Clessidra Sgr after receiving authorisation from the Bank of Italy.  Italmobiliare now holds 99 per cent of Clessidra.   The company’s new board of directors is as follows: Carlo Pesenti (chairman), Mario Fera (CEO), Riccardo Bruno, Manuel Catalano,

HIG Capital opens office in Colombia

Private equity and alternative asset investment firm HIG Capital has expanded its footprint in Latin America with the opening of an office in Colombia. Founded in 1993, HIG focuses on private equity investments in small and mid-sized companies where it can play a significant role in helping to unlock potential

BGV reaches first close of third fund

Benhamou Global Ventures (BGV), an early-stage venture capital firm which focuses on enterprise IT opportunities in global markets, has held the first close of its third fund with over 50 per cent of the targeted USD75 million fund committed to date. Investors in the third fund include both existing limited

Avis Budget to acquire France Cars

Car rental company Avis Budget Group has agreed to purchase France Cars, a privately-held vehicle rental company based in France, to significantly expand its presence in the French market. Terms of the transaction have not been disclosed.  The purchase will give Avis Budget Group the second-largest light commercial vehicle fleet in

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