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Intelligence

Howard Revens, UK managing director, Drooms

Drooms advises on AIFMD requirements ahead of 22 July deadline

Drooms’ UK managing director Howard Revens is to present on the impact to fund managers on AIFMD’s wide ranging and complex reporting requirements at Knight Frank’s 2013 AIFMD: Practical Implications Breakfast Briefing.    Taking place on 18 June 2013, Drooms will present alongside Knight Frank to prepare fund managers ahead

Ingrid Pierce, global managing partner, Walkers

Walkers expands with new partners across global network

Walkers has invited a number of lawyers across its global network to join the partnership, as the firm expands further in key markets to support the continued growth and requirements of its clients.   Six highly experienced individuals have been promoted to partner across five of Walkers’ international offices. With

Actis invests USD290m in Chile’s largest wind and solar energy project

Emerging markets private equity firm Actis has committed USD290m for a 60 per cent stake in Aela Energía, a renewable energy development set to become Chile’s largest wind and solar energy provider.    Actis is investing alongside Mainstream Renewable Power, a wind and solar developer, which will own 40 per

HIG Europe completes sale of Anvis Group to Tokai Rubber Industries

HIG Europe has completed the sale of its portfolio company Anvis Group to Tokai Rubber Industries (TRI). HIG Europe is the European arm of global private equity company HIG Capital. Anvis, which is headquartered in Steinau an der Straße, Germany, is a provider of critical, highly engineered anti-vibration products that are

AT Internet gets EUR6.25m from iXO Private Equity and Omnes Capital

AT Internet has raised EUR6.25m from its long-term financial investor iXO Private Equity (EUR3.5m) and a new associate, Omnes Capital, formerly Crédit Agricole Private Equity (EUR2.75m).   The investment will allow the group to accelerate its development by continuing its efforts in R&D and by consolidating its international presence. The

Completed stamp

Abacus Group completes SOC1 Type I & II Reports

Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has completed the Service Organization Controls (SOC1) Type II reports for its hedge fund application hosting and managed cloud services.   Following the successful completion of the SSAE16 Type II examinations in June 2012, Abacus

Oil rig

Clearwater advises Rimor on multi-million pound sale

Clearwater Corporate Finance’s industrials team has advised shareholders at Rimor, a supplier to the sub-sea oil and gas industry, on the multi-million sale to its management backed by LDC, the mid-market private equity firm.   The company, based in Denmead, Hampshire, employs 123 staff and specialises in the supply of

smartphone

youAPPi secures USD1m in funding from Glilot Capital Partners

youAPPi has secured USD1m in funding from Glilot Capital Partners, an Israeli-based early stage venture capital firm.   Founded in late 2011, youAPPi resolves the most critical and urgent problem within the mobile eco-system, identifying, matching and connecting the best mobile applications to the most relevant users. youAPPi provides a

BaltCap invests in PostService Group

BaltCap has signed a EUR1.5m investment in PostService Group, a Latvian private postal operator and developer of automated last mile delivery solutions.   PostService Group is the largest privately-owned postal operator in Latvia and the market leader of unaddressed mail. With forty “Mana Pasta Stacija” parcel delivery and shipment terminals

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