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Intelligence

Fountain Partners hires John Van Hooser as managing partner

Fountain Partners has appointed John Van Hooser as managing partner. Van Hooser joins Fountain Partners founder Tom Carter in managing its third fund, Fountain Leasing 2010, which is dedicated to equipment leasing needs of venture, growth and expansion stage companies. Van Hooser brings over 15 years of venture capital and

Sovereign-backed LM Funerals names Deborah Kemp chief executive

Sovereign Capital-backed LM Funerals, one of the UK’s largest independent funeral services companies, has appointed Deborah Kemp as its new chief executive.  Kemp was previously chief operating officer of De Vere Hotels & Resorts, where she held executive responsibility for all aspects of financial and operational delivery across the company’s

Howard Kennedy advises Edge on subscription of G shares

Law firm Howard Kennedy has advised Edge Performance VCT on its offer for subscription of up to 10,000,000 G shares at an issue price of GBP1.00 each with an over-allotment facility of up to, in aggregate, a further 20,000,000 G shares. Edge is the first specialist VCT to target the

ATC opens Shanghai office

Fiduciary and business services firm ATC has opened an office in Shanghai, China. All the necessary regulatory and licensing approvals have been received from the Chinese authorities. ATC has previously serviced China-based clients via itsr Hong Kong office. Following the opening in Shanghai, ATC will have 19 offices in 17

Chinese banks entering partnerships with private equity firms

China’s commercial banks are entering the emerging sectors via partnerships with private equity institutions. This August, Beijing-based China Minsheng Banking established a partnership with DE Shaw Group, an institution engaged in energy investment. Both sides agreed to cooperate in the field of RMB private equity investment and Minsheng Bank said

Aima Andrew Baker

Considerable progress made on AIFM Directive, says Aima

The Alternative Investment Management Association says there has been considerable progress on the content of the Alternative Investment Fund Managers Directive following the compromise reached yesterday by EU ministers. Aima had previously expressed grave reservations about some of the directive’s content. It thought there were many provisions that would have

CISX Tamara Menteshvili_0

Asian role can bolsters islands’ EU position, says Jersey adviser

The Channel Islands can enhance their value to Europe Union through business growth in emerging markets, according to the former chairman of the Jersey Financial Services Commission, the island’s financial regulator. Colin Powell, now adviser on international affairs to the States of Jersey and chairman of the Offshore Group of

globe

GlobeOp names Philip Tazza global head of investor services

GlobeOp Financial Services has appointed Philip Tazza as global head of investor services. Tazza reports to Vernon Barback, GlobeOp president and chief operating officer, and is based at the company’s Harrison, New York office. He is also a member of GlobeOp’s operating committee. "Phil will continue to strengthen GlobeOp’s services

EU ministers agree third-country compromise on AIFM Directive

European Union economic affairs and finance ministers have reached agreement on the controversial proposed Directive on Alternative Investment Fund Managers, raising the prospect that the legislation could be finalised by a vote in the European Parliament next month. The EU ministers found a compromise on the most contentious aspect of

Grow VC and C2I Ventures launch national funding network for China

The China Grow VC network, launched by Grow VC in collaboration with C2I Ventures, will open doors for entrepreneurs and early stage startups in China into the “crowdfunding” arena.   The network also aims to provide a strong startup support infrastructure that encourages startup culture. The launch of an exclusive

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