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Intelligence

Antin Infrastructure Partners selects BNP Paribas Securities Services as depositary bank

BNP Paribas Securities Services is to act as depositary bank for the Antin Infrastructure Partners II fund, in accordance with the Alternative Investment Fund Managers Directive (AIFMD). BNP Paribas was appointed as depositary bank for the original Antin Infrastructure Partners fund. 

 Alain Rauscher, president directeur général of Antin Infrastructure

Alexander S Panos leaves TSG Consumer Partners to start PE fund

Alexander S Panos, a general partner and managing director of TSG Consumer Partners, is leaving the firm to start his own private equity fund. Chuck Esserman, chief executive and founder of TSG, says: “Alex has been a valued member of our leadership team, and we wish him great success in

Jill Calton, UMB Fund Services

Growing traction in private equity funds space

Jill Calton (pictured) is a managing director of the Alternative Investment Services division at UMB Fund Services. Over the past 12 months, the firm, which currently administers just north of USD31bn in alternative investment assets, has seen increasing inflows into credit strategies and private equity funds; particularly the latter. “We have

ECI delivers 3x return on exit of XLN Business Services

Mid-market private equity firm ECI Partners has sold portfolio company XLN Business Services to XLN’s management team, financed by vehicles managed or advised by GSO Capital Partners. XLN was the first investment from ECI’s Fund 9 in September 2010 and this exit has yielded ECI a 3x return on its

Union Jack pound sign

Hargreave Hale announces GBP20 million VCT fundraise

Hargreave Hale has announced a new offer for subscription to raise GBP20 million into Hargreave Hale AIM VCT 1 plc and Hargreave Hale AIM VCT 2 plc. Launched in 2004, the Hargreave Hale AIM VCTs, which are co-managed by Giles Hargreave and Oliver Bedford, offer investors access to a diversified

Preqin Hedge Fund Spotlight

Alternative routes into hedge funds: liquid alternatives and managed accounts

Preqin evaluates investor appetite for liquid alternatives and managed account structures, and examines the reasons behind investors’ growing interest in these specialized structures, based on the results of surveys with 100 institutional investors in hedge funds and 150 hedge fund managers. In recent years, demand for greater liquidity and transparency

Hampleton Partners advises on sale of Profit Software Oy

Hampleton Partners has acted as financial advisor to the shareholders of Profit Software Oy on the sale of the company to Via Ventures Partners, Finnish Industry Investment Ltd and the company’s management team. Profit Software delivers enterprise software solutions that allow insurers to manage all their services, business lines and

FCA and ESMA release new guidance on AIFMD and Annex IV reporting

AIFMD Annex IV reporting is rapidly approaching for alternative investment fund managers (AIFMs) and with that deadline has come a last minute scramble to determine reporting requirements, according to ConceptOne. The FCA released two documents pertaining to Annex IV reporting for both EU and non-EU AIFMs on 29 September and

Money stack

Strategic Partners Fund Solutions closes sixth fund at USD4.4bn

Strategic Partners Fund Solutions has held the final closing of Strategic Partners Fund VI, its sixth secondary fund, at the hard cap of USD4.4 billion. SP VI began investing in April 2014 and is focused on generating attractive, risk-adjusted returns by acquiring portfolios of high-quality private equity interests and co-investments.

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