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Intelligence

Constitution Capital Partners closes on USD823m of private equity commitments

Constitution Capital Partners has raised USD823 million in private equity commitments with the final close of the Ironsides III Private Equity Partnership/Co-Investment Funds and related segregated mandates. As with its predecessor fund, Ironsides III will focus on investments in primary funds with USD200 million to USD1.5 billion in commitments and

Padraig Hoare

Padraig Hoare joins Elian Fund Services as associate director

Padraig Hoare (pictured) has joined Elian Fund Services as an associate director.  Hoare, 47, has more than 25 years’ industry experience, including 20 years in management positions in the financial services industry in Cayman. His focus at Elian will be on providing governance and oversight services to alternative investment funds.

Milestone Pharmaceuticals closes USD17m Series B financing

Milestone Pharmaceuticals, a clinical stage cardiovascular company in Phase 2, has closed a USD17 million Series B financing.  The round was led by Domain Associates and included participation from all of Milestone's existing investors including Fonds de solidarité FTQ (FSTQ), Pappas Ventures, BDC Capital, GO Capital, and iNovia Capital. The

Dollars

SunEdison secures USD403m in private placements for TerraForm Global

SunEdison has completed a USD335 million private placement of membership interests in TerraForm Global, an indirect subsidiary of SunEdison formed to own and operate contracted clean power generation assets in emerging markets.  Additionally, TerraForm Global, an indirect subsidiary of SunEdison, entered into a stock purchase agreement for the sale of

Veritas Capital acquires Emergency Communications Network

An affiliate of Veritas Capital has acquired Emergency Communications Network (ECN), a provider of Software as a Service (SaaS) unified critical communications, from The Riverside Company. Financial terms of the transaction have not been disclosed. Founded in 1996, ECN provides its customers across the United States and Canada with easy-to-use,

New York skyline

Howard Jiang joins Seyfarth’s corporate practice in New York

Seyfarth Shaw has appointed Howard H Jiang as a partner in the firm’s Corporate department in New York. Jiang joins Seyfarth from Locke Lord where he was a partner in the corporate and transactional department and spearheaded the firm’s China practice. Jiang’s practice is focused on domestic and cross-border mergers

BNY Mellon appoints Flanagan as head of PE&RE fund services

BNY Mellon has named Alan Flanagan as global head of private equity and real estate fund services. Previously, Flanagan was global head of product management at BNY Mellon’s Alternative Investment Services. Flanagan will continue to be based in Dublin and report to Frank La Salla, CEO of BNY Mellon’s Alternative

Sell button

James Cowper Kreston advise Specialist Tours on sale to Kings Park Capital

James Cowper Kreston Corporate Finance has advised Specialist Tours Limited on its disposal to Kings Park Capital LLP – a private equity investor focussed on the leisure sector.   Kings Park Capital has acquired a majority stake in Specialist Tours for an undisclosed consideration. In 2013, Specialist Tours received funding

Handshake 2

Skype financier Gerard Lopez to lead new Russia-focused infrastructure investment group

Nekton Global, an energy merchant business chaired by Gerard Lopez, the financier behind Skype, has acquired a 50 per cent stake in Rise Capital AB, a specialist private equity business focussed on pursing infrastructure investments in Russia. The infrastructure construction industry has experienced rapid early stage growth driven by substantial

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