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London offices

Altium bolsters London team with new hires

Altium has appointed Oliver Vaughan as an assistant director in its London office. He joins from Livingstone Partners where he was also an assistant director, having previously trained as a chartered accountant with Deloitte.   Vaughan is an experienced M&A practitioner with broad experience across various sectors, particularly industrials.  

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EVCA elects Anne Glover as 2014-2015 chairman

The European Private Equity and Venture Capital Association (EVCA) has elected Anne Glover, chief executive and co-founder of Amadeus Capital Partners, to serve as its chairman for the year to June 2015. She succeeds the 2013-2014 chairman George Anson of HarbourVest Partners, who will become EVCA´s immediate past-chairman.    “In

Quarton Partners hires director and analyst

Quarton Partners, a middle market investment banking firm serving privately held and publicly traded companies as well as private equity firms, has hired Matt Schloop and Doug Shinkle.  Schloop joins Quarton as a director. He has over 14 years of middle market merger and acquisition experience across many industries, with

Flames

IK sells Minimax Viking Group to Kirkbi A/S and Intermediate Capital Group

Funds advised by IK Investment Partners are to sell Minimax Viking to Kirkbi A/S, a Danish investment company, and Intermediate Capital Group (ICG), a specialist asset manager. Financial details have not been disclosed.   IK acquired Minimax together with the company’s management in June 2006, at a time when the

EisnerAmper launches compliance consultancy for investment advisers

EisnerAmper has launched EisnerAmper Compliance and Regulatory Services (CARS), a full-service consultancy providing outsourced compliance programmes and solutions to US and offshore investment advisers. CARS supports clients managing all asset classes including alternative (hedge funds, private equity funds, funds of funds and CPOs) and non-alternative investment vehicles, wealth managers, managed

iPhone

On demand parking app SpotHero raises USD4.5m in series A funding

SpotHero, a mobile app helping drivers reserve parking on demand, has secured a Series A investment of USD4.5 million. The funding round included participation from Chicago Ventures, Bullpen Capital, Battery Ventures, OCA Ventures, Pritzker Group Venture Capital, Lightbank, G2T3V, e.ventures, Draper Associates and 500 Startups.   Mike Gamson of LinkedIn

Rise of big data to put UK financial services firms in regulatory firing line

The exponential growth of Big Data will trigger a sharp rise in UK financial services firms being investigated, and potentially fined, by regulators, according to Data-as-a-Service provider Anomaly42. The warning follows a string of high-profile cases of international banks facing multi-million pound fines for breaking AML (anti-money laundering) rules and sanctions

Apsley forms alliance with major insurer to distribute AIFMD insurance product

Insurance provider Apsley Specialty has joined forces with Lloyd’s Pembroke Syndicate 4000 to provide capacity for its insurance offering to the alternative asset management sector. Pembroke, a wholly owned subsidiary of Ironshore Inc, operates as a syndicate within the Lloyd’s of London insurance market and is a provider of specialty

Sell button

Polaris sells AddPro to PE firm Perusia

Polaris Private Equity is to sell IT security and infrastructure business AddPro to European private equity firm Perusa. In 2005, Polaris acquired a majority shareholding in Swedish AddPro, and the company has experienced significant progress through organic growth and an acquisition of the Danish IT company SNEX in 2012.   

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