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Intelligence

Pioneer Underwriters launches EU regulatory product for AIFMs

Pioneer Underwriters (Pioneer) has launched a new EU regulatory compliant product for alternative investment fund managers (AIFMs).  This specialist product is aimed at AIFMs domiciled outside of the EU, which in addition to providing traditional financial lines cover, also ensures policyholders are compliant with the insurance provision requirement of the

Crosslink Capital raises new USD170m VC fund

Crosslink Capital has closed its seventh venture capital fund (Ventures Fund VII), with USD170 million of capital commitments.  The new fund, which includes support from both new and existing investors, will enable the Crosslink team to continue to successfully invest in early stage software, mobile, consumer startups that are pioneering

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HourlyNerd raises USD7.8m Series B investment

HourlyNerd, an online marketplace for freelance business talent, has raised USD7.8 million in Series B funding, led by Highland Capital Partners.  Other participants include GE Ventures, Greylock Partners, Intuit founder Scott Cook, the Kraft Group, angel investor Semil Shah, former Etsy CEO Maria Thomas, Rent the Runway Founder/CEO Jennifer Hyman

MergerMarket report sees significant decrease in German M&A market in 2014

M&A activity in Germany in terms of share to the total value of transactions in Europe. has seen a significant decrease, according to a new report by MergerMarket. With total declared deal values at EUR55.7bn during 2014, German M&A activity dropped 17.6% compared to EUR67.6bn. However, total deal count for

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First Avenue expands North American team

First Avenue Partners, a global private placement agent and investment advisory firm, has appointed Mike Taylor to its North American distribution team as a Principal.  Taylor joins the firm’s New York office primarily focusing on limited partner relationships in the Northeastern US and Eastern Canada. He has experience on both

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Maples and Calder announces new partners

Law firm Maples and Calder, which advises on the laws of the Cayman Islands, Ireland and the British Virgin Islands, has announced the appointment of 12 new partners across its global offices. The new partners in the Cayman Islands office include Greg Barwick, Philip Dickinson, Patrick Head, Andrew Keast and

Tikehau Capital appoints Ignazio Rocco di Torrepadula as senior advisor in Italy

Tikehau Capital is expanding in Italy to develop its direct investment activities (minority equity, direct lending and real estate) and its asset management liquid funds solutions. Ignazio Rocco di Torrepadula, former leader of the Financial Institution practice in Central Europe and now senior advisor at The Boston Consulting Group, has

Walden Venture Capital raises USD107 million for Fund VIII

Walden Venture Capital has closed its Fund VIII with USD107 million of total capital to pursue ‘Sprout Stage’ investments in digital media and cloud services.  Based in San Francisco and Woodside, CA, the team has been investing together for over twelve years: Managing Directors Larry Marcus, Matt Miller, and Art

Noerr advises Capita on takeover of the Call Centre service provider avocis

Law firm Noerr has advised the leading British outsourcing service provider Capita on the announced takeover of the customer contact management service provider avocis.  The purchase price is EUR210 million. The transaction is pending approval by the Federal Cartel Office. avocis is active in Germany, Switzerland and Austria (DACH) and

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SMG Europe makes strategic UK catering acquisition

SMG Europe, the owner of Manchester Arena and the First Direct Arena in Leeds, has acquired event catering and hospitality specialist, CGC Events Ltd. SMG is a worldwide leader in venue management and, along with its US base, is working on projects throughout the UK, Europe, Middle East and Australasia.

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