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Intelligence

Confluence engages Fundsquare to simplify AIFMD filing for asset managers

Confluence is collaborating with Fundsquare to provide secure delivery of AIFMD Transparency Reporting to all National Competent Authorities (NCAs) across Europe. The Confluence SaaS-based technology-enabled Unity NXT AIFMD Transparency Reporting aims to ensure completeness, accuracy and control over the entire AIFMD reporting process — from the collection of data, the

CTPartners Executive Search to acquire Austrian-based Neumann

CTPartners Executive Search has signed a binding letter of intent to acquire Austrian-based Neumann, a leading executive search and leadership consulting firm.   The transaction includes offices in Germany, Austria and Switzerland as well as across Eastern Europe.   Neumann focuses on several key industries that complement CTPartners’ targeted practice areas

Handshake 2

Cardell appoints David Ballard as MD of private equity

Hong Kong-based international investment company Cardell Limited has appointed David Ballard as Managing Director of Private Equity. He will be based in Hong Kong and report to David Cardell, CEO of Cardell Limited. Ballard, aged 38, joins Cardell Limited from Morgan Stanley Private Equity, where he was a member of

Ogier advises on GBP135m Wentworth Club sale

Ogier recently advised English entrepreneur and businessman Richard Caring on his GBP135m sale of the world famous Wentworth Club to China-based Reignwood Group. Wentworth Club provides the headquarters for golf's PGA European Tour and hosts the annual BMW PGA Championship, making it one of the most desirable golfing locations in

Corsair Capital appoints Kelly and Nagaswami as senior advisors

Private equity from Corsair Capital has appointed Edward "Ned" J Kelly III, former Chairman of the Institutional Clients Group at Citigroup, and Ranji H Nagaswami, a former Chief Investment Advisor to Mayor Bloomberg's administration for the City of New York, as Senior Advisors.  In becoming associated with Corsair Capital, Kelly

solar panels

SunEdison signs solar photovoltaic JV with JIC Capital

Solar power specialist SunEdison has signed a joint venture agreement with JIC Capital to finance, develop, construct and own up to 1 GW of utility-scale solar photovoltaic (PV) projects in China over the next three years. The joint venture will focus on facilitating and structuring non-recourse financing for solar PV

Two-tiers

Is there a two-tier fundraising market?

Despite infrastructure fundraising showing signs of growth, achieving a successful fundraise is more difficult than ever in such a competitive market. Preqin examines which funds are more likely to achieve their target size and the key factors for fundraising success. As Q3 2014 draws to a close, the unlisted infrastructure

Euros

AnaCap acquires EUR1.9bn UniCredit NPLs

AnaCap Financial Partners has completed the acquisition of EUR1.9 billion non-performing loans (NPLs) from Italian lender UniCredit Group. Under the terms of the agreement, funds advised by AnaCap will acquire the portfolio.    The portfolio primarily consists of secured and unsecured bankruptcy and other enforcement claims. A significant portion of

Dollars

Vista Equity Partners closes latest flagship Fund V at USD5.775bn

Vista Equity Partners, a private equity firm focused exclusively on investments in software, data and technology-enabled companies, has completed fundraising for Vista Equity Partners Fund V. The fund closed at USD5.775 billion in limited partner commitments and was substantially oversubscribed.   This brings Vista's total cumulative capital commitments to over

Billion-dollar question: Are public-to-private transactions on the way out?

Following industry debates that the leveraged buyout market has all but dried up, Preqin examines whether or not buyouts and, in particular, public-to private transactions are still attractive to the investment community. In recent years, trillions of dollars have been spent on private equity-backed buyout deals and they remain the

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