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Intelligence

Leading Fund Houses come together to set up the Indian Association of Alternative

The Association of International Wealth Management of India (AIWMI), in conjunction with a number of big-name fund houses, has set up the Indian Association of Alternative Investment Funds (IAAIF).  IAAIF aims to set standards and provides a voice for the emerging alternative investments sector in India.  The current Charter Members

Trowers & Hamlins advises on sale of cloud service provider Carrenza Limited

Trowers & Hamlins' corporate team has advised the shareholders on the sale of cloud service provider Carrenza Limited to Six Degrees Technology Group Limited (6DG), for an undisclosed sum. Carrenza was an early promoter of enterprise cloud computing, launching the Carrenza Cloud in 2006, and provides Infrastructure as a Service

Ogier advises on formation of Medicxi Ventures and launch of its first fund

Ogier has assisted Medicxi Ventures, formerly Index Ventures Life Sciences, with its formation as an independent life sciences firm. Medicxi Ventures comprises all of the existing life sciences portfolio companies, funds and team from Index Ventures. The Ogier team also worked with Medicxi Ventures on the establishment of Medicxi Ventures

Quercus and Swiss Life Asset Managers acquire Antin Solar Investments

Quercus Assets Selection and Swiss Life Asset Managers have completed a deal to acquire Antin Solar Investments (ASI) in a 50:50 joint venture. ASI now operates as Azienda Solare Italiana Spa.  On 18 December 2015 the joint venture, called Quercus Swiss Life Italian Solar Srl, had entered into a binding

Speyside closes USD130m inaugural buyout fund

Speyside Private Fund Advisers, a special situations buyout firm, has held the closing of Speyside Equity Fund I, a USD130 million buyout fund that will focus on investment opportunities in specialty chemicals, industrials/metal forming & food ingredients businesses and continue the disciplined investment approach that Speyside has successfully executed for

David Flannery joins GSO Capital Partners in New York

GSO Capital Partners has appointed David Flannery as a Senior Managing Director focusing on distressed strategies in both private and public markets. He will be based in New York and brings to Blackstone his extensive experience across leveraged finance. With nearly 25 years of industry experience, Flannery joins Blackstone from

Investcorp sells CSID for USD360 million

Investcorp has agreed the sale of CSIdentity (CSID) to Experian (EXPN), a global information services company, for an enterprise value of approximately USD360 million. The transaction is subject to standard regulatory approvals. Founded in 2006 and headquartered in Austin, Texas CSID is a market leading provider of enterprise level identity

G-Therapeutics secures EUR26 million in Series A financing

G-Therapeutics has secured up to EUR26 million in a Series A financing round from an investment syndicate consisting of Gimv, Wellington Partners, LSP and Inkef Capital alongside the company’s founders/management.  This investment will fund the company’s clinical trials up to CE mark (EU) and IDE (US) approval.  G-Therapeutics (http://gtherapeutics.com/#About) develops

Fried Frank adds M&A PE attorney Dr Christian Kleeberg in Frankfurt

Fried, Frank, Harris, Shriver & Jacobson has appointed Dr Christian Kleeberg as a partner in the Mergers and Acquisitions and Private Equity Practice, resident in the Firm's Frankfurt office.  Dr Kleeberg focuses his practice on private mergers and acquisitions, predominantly for private equity and other financial investors. He also represents

Electra Private Equity appoints new non-exec chairman

The Board of Electra Private Equity has appointed Neil Johnson as non-executive Chairman and Director of the Company with effect from 12 May 2016. Following Johnson’s appointment, Dame Kate Barker, who has been Chairman of the Company since 5 November 2015, will resume her roles as Senior Independent Director and

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