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Intelligence

HowardKennedyFsi leads the way in VCT fundraising

Law firm HowardKennedyFsi has acted as legal adviser and/or sponsor in over 78 per cent of all venture capital trusts (VCTs) launched in the VCT season 2012/13.     As the only English law firm to act as both sponsor and legal adviser to VCTs, this season HowardKennedyFsi has represented

Fredrick D Scott launches investment firm

Fredrick D Scott has launched Fredrick D Scott LLC (FDS), a venture capital and private equity firm that will principally invest in and acquire minority-focused financial and banking institutions.   Scott (pictured) was formerly the head of ACI Capital Group. Founded in August 2009 and registered as an investment adviser with

Palatine appoints new partner

Palatine Private Equity has strengthened its investment team with the appointment of Andy Lees as a partner.   Lees (pictured) joins the private equity firm from Barclays where most recently he led the large corporate team across the North West of England.   He has over 20 years’ experience in

SL Capital makes four senior appointments

Private equity firm SL Capital Partners has promoted Richard Chapman, Cameron Graham and John Cancellieri to the position of investment director, as well as Andrzej Plichta to investment manager. Chapman, who joined SL Capital’s Edinburgh office in 2007, is responsible for primary fund investments, secondary investments and co‐investments. He is

Symphony sells AFC

Symphony International has sold its entire investment in AFC, which operates the Asian Food Channel, a 24-hour TV channel broadcasting food and lifestyle programming tailored to audiences in the Asia Pacific region.    The sale was part of the acquisition by Scripps Networks Interactive of 100 per cent of AFC. Scripps

Clive Snowdon, Moore Group

Clive Snowdon joins Moore Group

Clive Snowdon has been appointed group managing director of the Moore Group.   This new role is the first senior position to be announced since the fund business was acquired by First Names Group in January.   Snowdon’s (pictured) experience and knowledge ideally place him for the new role at

Waste2Tricity launches Thailand subsidiary

Waste2Tricity (W2T) has launched a wholly owned subsidiary, Waste2Tricity International (Thailand), based in the Rajchathewi district of Bangkok.   W2T hopes to take advantage of the subsidies that exist in the Thai region and the natural opportunities that exist in its expanding economy that has inherent issues with waste management

Hong Kong

Northern Trust expands fund admin services in Hong Kong

Northern Trust is expanding its fund administration and custody capabilities to support locally domiciled Hong Kong funds, including exchange-traded funds, as well as other regional investment funds.   For the newly launched service, Northern Trust will provide global sub-custody and fund administration services, including fund accounting and shareholder services, to

Q1 2013 UK M&A activity up 46.9 per cent on Q1 2012

UK mergers and acquisitions activity totalled GBP23.5bn with 213 deals in Q1 2013, up 46.9 per cent compared to Q1 2012 (GBP16bn), but down 22.5 per cent in deal count (275 deals), according to MergerMarkets’ UK M&A Round-up for Q1 2013. The country witnessed a second consecutive quarterly increase, up

BerchWood promotes Paola Tarazi to partner

Placement agency BerchWood Partners has promoted Paola Tarazi to partner in its London office.   Tarazi (pictured) will continue to lead the expansion of the firm across Europe, the Middle East and Africa, with a particular focus on originating new client relationships, managing fundraising mandates, and distributing funds.   David

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