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Intelligence

Jersey Funds Association appoints new committee

Following its recent Annual General Meeting (8 July), the Jersey Funds Association (JFA) has elected a new-look committee as it continues to champion Jersey’s ecosystem for alternative funds.

TA Associates to acquire Green Street from Welsh, Carson, Anderson & Stowe

Growth private equity firm TA Associates is to acquire Green Street, a provider of commercial real estate intelligence and analytics. Green Street’s current majority owner, Welsh, Carson, Anderson & Stowe (WCAS), a private equity firm focused exclusively on the technology and healthcare industries, will retain a minority position in the

Veremark raises $8.5m in equity round

Veremark, a pre-employment screening and verified career credentials firm, has raised a further $8.5 million in an equity funding round led by new US venture capital investor Stage 2 Capital, just nine months after its initial $2.8 million seed round. Samaipata, a Pan-European venture capital firm also joined the round

RedBird Capital Partners to acquire Talent Systems

RedBird Capital Partners (RedBird), along with private markets investment firm StepStone Group, is to acquire a majority stake in Talent Systems, a casting software and talent marketplace for the entertainment industry. Talent Systems was formed by Co-CEOs Rafi Gordon and Alex Amin and in 2021 managed over 50,000 projects and

Pemberton adds four to team

Pemberton, an alternative credit specialist, has made four new senior hires across its offices. Anders Svenningsen joins as managing director and head of business development for the Nordics in Copenhagen, where he will be responsible for Pemberton’s Nordic Franchise and investors. Svenningsen brings over 25 years’ experience in finance. Prior

OMERS Private Equity to acquire Bionic

OMERS Private Equity is to acquire Bionic (Bionic), a provider of essential energy, insurance, finance and connectivity services to UK small-to-medium enterprises (SMEs) from ECI Partners and its founders. OMERS Private Equity will take a majority stake in the Company, with the management team, led by Paul Galligan, CEO of

McNally Capital holds final close of McNally Capital Fund II at over $150m

McNally Capital (McNally) has held the final closing of its inaugural private equity fund, McNally Capital Fund II, with over $150 million in limited partner fund commitments and related co-investments. The firm has over $500 million in total assets under management (AUM) and now has 15 investment and operating professionals

Finance Durham invests £600,000 in Conduit Construction Network

The Finance Durham Fund, managed by Maven Capital Partners (Maven), established by Durham County Council and overseen by Business Durham, has supported local business, Conduit Construction Network Ltd (CCN), with a £600,000 funding package. The investment has enabled the business to substantially scale-up its operations and relocate to a new

LeapFrog Investments adds two to team

LeapFrog Investments, a profit with purpose investment firm, has appointed Roger Ferguson as a member of its Global Leadership Council and Julie Wallace as its head of impact. This appointments follow Dominic Barton, former global managing partner of McKinsey, joining as chairman of the Management Board. Ferguson is the former

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