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Intelligence

Hutton Collins to acquire Byron Hamburgers

Funds managed/advised by Hutton Collins Partners are to acquire Byron Hamburgers, the UK burger restaurant chain, for a consideration of GBP100m. Byron was founded by The Gondola Group in 2007 with a proposition based around a simple menu of classic hamburgers. Its restaurants are individually tailored to each particular property,

Albion Ventures invests GBP9.3m second hydro project

Albion Ventures has invested GBP9.3m in partnership with Perth-based developer Green Highland Renewables (GHR) to fund the development of a single 2MW hydropower scheme on the Allt A’Chonais, close to Loch Carron in the Scottish Highlands. The scheme will benefit from the Feed-in-Tariff regime and it is expected to generate

Henry Kravis, co-founder, KKR

KKR to acquire Avoca Capital

KKR & Co is to acquire Avoca Capital, a European credit investment manager with approximately USD8bn in assets under management. Financial terms of the transaction have not been disclosed.   Founded in 2002, Avoca is an investment firm specialising in the European leveraged credit markets. Avoca invests across five strategies

Fiona Le Poidevin, chief executive of Guernsey Finance

Guernsey Finance welcomes CISX decision to consider new listing applications

Guernsey Finance has welcomed an announcement from the Channel Islands Stock Exchange (CISX) that it is once again open to considering new listing applications. A statement published on the CISX website says that it is “gradually able to apply more capacity at this stage of proceedings to consider new listing

Handshake 2

INDOS Financial announces additions to management team

INDOS Financial, the independent Alternative Investment Fund Management Directive (AIFMD) depositary business, has made two senior advisory and management appointments. Des Quigley, former Managing Partner of Ernst & Young Ireland, has been appointed non-executive director. Paul Whelan, Head of Depositary Services, will join on 1 November 2013 from BNY Mellon

Two fingers

Palatine makes double appointment 

Palatine Private Equity has made two new additions to its team with the appointment of Andy Strickland as Investment Manager and Ben Jones as Business Development Manager. Strickland joins Palatine’s southern-based investment team from Clearwater Corporate Finance where he worked as an Assistant Director in the firm’s technology team. During

RCIF secures 42% stake in RFP Group

Russia-China Investment Fund (RCIF) has completed the acquisition of a 42% stake in RFP Group (Russian forest products group). RCIF’s investment in the company will support the construction of the “Centre for deep wood processing”, the biggest in the region.   The investment by RCIF supports the company’s strategy to

shaking hands

MMC hires new Investment Manager and Marketing Manager

Active investor MMC Ventures has expanded its team with the hire of Camilla Dolan, as Investment Manager, and Anna Slemmings, in Marketing. Before joining MMC, Dolan was a Case Team Leader at Bain & Co where she specialised in fin-tech. She has an MA in Law from Merton College, Oxford

Two fingers

White & Case strengthen EMEA PE practice with two new partners

Global law firm White & Case LLP is strengthening its EMEA private equity practice with the addition of partners Ian Bagshaw and Richard Youle in the London office. Bagshaw and Youle are recogniszed leaders in private equity, with extensive experience in all forms of leveraged M&A and portfolio assistance, including

Five

Rothstein Kass makes five key promotions

Rothstein Kass has announced the promotions of five high-profile team members, including new principals Miri Forster, Sabrina Ho, Peter Kehrli and Jay Shepulski, and senior director Kevin Sasz. The promotions demonstrate Rothstein Kass’ ongoing commitment to attracting and retaining top talent as the firm continues to expand its expertise and

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