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Intelligence

James Williams, Hedgeweek

Irish ICAV attracts significant fund manager interest

Ireland remains Europe's leading onshore hedge fund jurisdiction by some margin, yet up until a couple of years ago it could not offer fund sponsors a corporate fund structure similar to the SICAV in Luxembourg. The Irish Government was fully aware of this need to improve Ireland's product competitiveness back

Stash secures USD3m in seed funding

Stash, a fast-growing investment app for millennials, has raised USD3 million in seed funding to continue the company’s growth. The round was led by Silicon Valley-based Goodwater Capital, which specialises in early-stage consumer technology companies. Two leading fintech investors also participated in the round: New York-based Valar Ventures, and London-based

Nautic Partners sells All Metro Health Care to One Equity Partners

Nautic Partners has completed the sale of All Metro Health Care Services to private equity firm One Equity Partners (OEP). The terms of the transaction have not been disclosed. Headquartered in Valley Stream, NY, All Metro is a provider of home and community based services in New York, Pennsylvania, New

Lovell Minnick Partners beefs up team with three new hires

Private equity firm Lovell Minnick Partners has made several new additions to its team, hiring Benjamin Kaplan and Steven Korff as vice president and associate respectively in Los Angeles while Greg Dutov is joining the Philadelphia office as an associate. “We are excited to welcome Ben, Steven and Greg to

Fountain Quail Water Management secures private equity commitment

Fountain Quail Water Management has secured a private equity commitment of up to USD40 million to expand its North American operations. Established in 1996, Fountain Quail specialises in treating and recycling produced and flowback water generated in oil and gas plays. Fountain Quail’s two proprietary systems, ROVER and NOMAD, cut

Agathos backs Vikoma in management buy-out

Agathos Management LLP has backed the senior management of Vikoma International Limited in a management buyout. Based on the Isle of Wight and founded by BP in 1967 after a major oil spill, Vikoma International is a specialist in the design and manufacture of oil recovery and environment solutions. The

CMS Cameron McKenna Cathy Pitt

AIFMs welcome ‘flexibility of NPPR’ when accessing Europe

National private placement regimes (NPPR) continue to offer the flexibility and ease of access for marketing into Europe that appeal to fund managers, a London funds audience has heard. Speaking at a Guernsey funds masterclass at the British Museum, panellist Cathy Pitt (pictured), Corporate Partner of CMS Cameron McKenna LLP,

Doug Pepper joins Shasta Ventures as MD

Doug Peper (pictured) has joined early-stage venture firm Shasta Ventures as a managing director. Pepper brings a wealth of experience in the SaaS and mobile spaces, and is a powerful addition to Shasta’s proven investment team. Pepper has focused on investing in SaaS and mobile companies that help enterprises optimize

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