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Intelligence

Aberdeen makes private equity appointments

Aberdeen Asset Management is further developing its alternatives business with the promotion of John Dickie to co-head of US private equity, alongside Scott Reed, and the appointment of Whit Matthews. Matthews joins Aberdeen’s US private equity team as senior investment manager, strengthening the private equity investment capabilities of the firm’s

BayWa re sells wind farm in France to Omnes Capital

BayWa re has sold the Saint-Congard wind farm in Brittany, north-west of Nantes, to the FPCI Capenergie 3 fund managed by Omnes Capital. This is the first time that BayWa re has sold a French wind farm to a French investor.   The wind farm consists of four turbines manufactured by Senvion with

LDC supports Equiom’s Dubai expansion

LDC has supported international trust and corporate services provider Equiom in its acquisition of Links Group, a provider of commercial facilitation and advisory services in the United Arab Emirates and Qatar. Links Group was the first company of its kind to introduce the corporate partner structure for local partner services,

BGF sets up permanent base in Milton Keynes

BGF (Business Growth Fund) has chosen Milton Keynes as the location for its ninth office as it continues to scale its operations. The office will serve as a base to build closer connections to businesses and advisors in Milton Keynes and across Bedfordshire, Buckinghamshire, Hertfordshire and Northamptonshire.   BGF, the

iCapital Network appoints Tom Iacono as CFO

iCapital Network, an online platform that provides RIAs with access to alternative investments, has appointed Tom Iacono as chief financial officer. Reporting to chief executive officer Lawrence Calcano, Iacono will join the executive team and lead iCapital’s finance, legal, operations and human resources functions.   In addition, Grace Kim joins

shaking hands

MidOcean appoints heads of business development and investor relations

Alternative investment firm MidOcean Partners has appointed Spencer Potts as head of business development and Ruth Lane as head of investor relations. “Spencer and Ruth are both highly accomplished investment management industry executives,” says Ted Virtue, chief executive officer of MidOcean. “We are thrilled to welcome them to our team

Swander Pace Capital closes sixth fund at USD510m

Swander Pace Capital, a private equity firm specialising in investments in consumer products companies in North America and the UK, has closed SPC Partners VI at USD510 million. The fund exceeded its initial target of USD400 million with commitments almost exclusively from existing investors.   Swander Pace’s prior fund, SPC

Ogury raises USD15 million in Series B funding led by Idinvest

Ogury, a specialist in factual mobile data, has raised USD15 million in a Series B funding round led by Idinvest Partners. Ogury will use the funds to accelerate international expansion, with a New York office opening later this month, and to invest in technology, R&D and recruitment.   Existing investors

Ipes supports OpCapita in closing of EUR350 million Fund II

Ipes, a provider of outsourced services to private equity firms in Europe, is providing administration services to OpCapita in the closing of its second fund, OpCapita Consumer Opportunities Fund II.  The fund closed at its hard cap of EUR350 million and attracted strong support from a global investor base.  

Capitala Group holds anchor close on Private Credit Fund V

Capitala Group has held an anchor closing on Capitala Private Credit Fund V, a non-SBIC fund, which includes commitments by a global asset manager and an investment grade insurance company. Fund V's anchor closing, combined with capital available from existing investment vehicles, gives Capitala Group over USD300 million in dry powder.    Fund V's

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