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Intelligence

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Business Talent Group appoints Paul Tufaro as director

Business Talent Group, which brings organisations and top-tier independent professionals together to drive change and address business challenges, has added director Paul Tufaro to its client development team.   With more than six years of investment banking and private equity experience, and an MBA from Georgetown University, Tufaro will work

Altius Associates adjusts senior management team

Altius Associates has made adjustments to its executive management team, with John A Hess, the co-founder and chief executive officer since 1998, assuming the full time role of executive chairman.    Assuming the chief executive role with immediate effect will be a triumvirate of three existing executive directors of the

Kaiima Bio-Agritech closes USD65m financing round

Kaiima Bio-Agritech, an Israel-based seed-and-breeding technology company, has raised more than USD65m in equity from three new investors as well as some current ones.   The three new investors are: Horizons Ventures, which manages the private investments of Li Ka-shing in Internet and technology globally; the International Financial Corporation (IFC),

Hanspeter Spek joins Advent International’s operating partner programme

Private equity firm Advent International has appointed Hanspeter Spek to its operating partner programme.   An executive with extensive operational experience in the global pharmaceuticals and healthcare industries, Spek (pictured) will advise and work closely with Advent’s healthcare team to identify attractive investment opportunities and generate post-investment value in the

SEP and Hermes acquire Zouk stake in Anesco

Scottish Equity Partners (SEP) and Hermes have acquired Zouk Capital’s shareholding in Anesco, a UK-based energy efficiency solutions company.    Zouk Capital, the private equity and infrastructure fund manager specialising in the clean economy, was a founding shareholder in Anesco in 2010 and has made a significant contribution to the

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Ironridge launches initiative to fund Chinese public companies

Ironridge Global Partners, an institutional investor making direct equity investments in micro-cap public companies, has launched an initiative to fund Chinese public companies, including companies based in China whose stock is publicly traded on Nasdaq, NYSE MKT, OTCQX or OTCQB, as well as US public companies with Chinese facilities, operations

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Taylor Wessing advises Powa Technologies on USD76m private share placement

International law firm Taylor Wessing has advised Powa Technologies on a private placement of shares to raise an aggregate amount of approximately USD76m.   The transaction represents one of the largest investments in an early stage UK technology company in recent years.   Powa Technologies, which was set up by

CDC appoints new chairman

Graham Wrigley has been appointed as the new chairman of the board of CDC, the UK government-owned development finance institution that invests in the developing countries of South Asia and Africa.   Wrigley (pictured) will take up the role in January 2014 and succeeds Richard Gillingwater who has been chairman

Pure Storage closes USD150m funding round

Pure Storage, the all-flash enterprise storage array company, has closed an oversubscribed USD150m series E funding round with institutional investors – the single largest private funding in the history of the enterprise storage industry.   Led by T Rowe Price, Tiger Global Management and other public market investors, with participation

Maven Capital Partners provides funding to Aberdeen-based shipping company

Maven Capital Partners has made a further investment in existing portfolio business Fletcher Shipping.   Maven Client Funds, alongside the Scottish Loan Fund (SLF), which is managed by Maven, have provided a GBP5.5m package to part fund the acquisition of a fourth and fifth Platform Support Vessel (PSV), the FS

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