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Intelligence

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Akin Gump promotes 11 to partnership

Akin Gump Strauss Hauer & Feld has promoted 11 attorneys to the partnership, effective 1 January. The new partners are: Carlos M Bermudez, partner, in the firm’s corporate practice in Los Angeles. Bermudez represents a diverse array of clients, including publicly and privately held companies and private equity funds, in

New York skyline

Private equity lawyer Michael O’Brien joins Sidley Austin in New York

Sidley Austin has appointed Michael J O’Brien as a partner in its New York office.   O’Brien will be a member of the firm’s M&A and private equity group. O’Brien focuses his practice on mergers and acquisitions, private equity and joint venture transactions. For over 30 years, O’Brien has provided

OFI InfraVia makes first investment in communications/infrastructure sector

OFI InfraVia’s first infrastructure fund, InfraVia, has completed the acquisition of a 55 per cent interest in ADTiM previously owned by ETDE, Axione and Eiffage. The remaining 45 per cent interests are held by Caisse des Dépots (30 per cent) and ETDE/Axione (15 per cent). Senior project financing debt has

SR Labs secures USD53m investment from Insight Venture Partners

SR Labs, a provider of electronic-trading solutions for the global financial services industry, has completed a USD53m investment from Insight Venture Partners. SR Labs plans to use the capital to expand its sales and marketing operations, to accelerate its growth outside of North America, and to continue to fund product

MidOcean Partners acquires Agilex Flavors & Fragrances from Nautic Partners

Private equity firm MidOcean Partners has acquired a majority equity position in Agilex Flavors & Fragrances, a creator and manufacturer of fragrances for use in consumer products.  Agilex was previously owned by Nautic Partners, a middle market private firm.  Headquartered in Piscataway, New Jersey, Agilex was created by combining several

Richard Corrigan, Jersey Finance

Jersey Finance appoints global head of business development

Jersey Finance has appointed Richard Corrigan as global head of business development. In this new role, he will assume responsibility for the international offices of Jersey Finance in Abu Dhabi, India and Hong Kong whilst retaining a personal focus on extending the profile of Jersey’s finance industry in the UK,

Ultromex secures GBP550,000 from The North West Fund for Energy & Environmental

Merseyside-based Ultromex has secured GBP550,000 funding from The North West Fund for Energy & Environmental, managed by CT Investment Partners. Ultromex has developed processes for the recovery of high-value metals from electronic and industrial waste products. The company, which was founded by Jonathan Quinn and Harry Middleton in 2011, aims

Dollars

Billions of dollars of US investment trapped in China private equity deals

China’s private equity industry is in the early stages of a unique crisis that could undermine the remarkable gains of recent years, according to a newly-published research report by China First Capital, an American-owned international investment bank focused on China. Over USD100bn in private equity and venture capital investments is

Behrman Capital acquires Tresys Technology

Behrman Capital, a private equity investment firm based in New York and San Francisco, has acquired Tresys Technology, a provider of cybersecurity products, services and solutions to government and commercial customers. Financial terms of the transaction were not disclosed. Based in Columbia, Maryland, Tresys offers services and products that address

Providence Equity Partners acquires Miller Heiman

Miller Heiman has been acquired by Providence Equity Partners, a private equity firm focused on media, communications, education and information investments. The investment from Providence will accelerate corporate growth initiatives and further Miller Heiman’s presence in global markets.  Terms of the transaction were not disclosed. Sam Reese, chief executive officer

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