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Intelligence

Moove acquires PetroChoice from Golden Gate Capital in £479m deal

Moove, a subsidiary of Brazilian business group Cosan and a producer and distributor of lubricants and base oils, has acquired PetroChoice Lubrication Solutions (PetroChoice) from Golden Gate Capital for $479 million. PetroChoice is one of the largest distributors and manufacturers of value-added lubricant solutions in the United States, delivering approximately

Cathay Capital launches new €500m health fund

Cathay Capital has launched Cathay Health, a new €500 million global fund dedicated to investing at the convergence of healthcare, life sciences and technology. Building on the success of the firm’s investment track record and platform, the new fund will focus on venture to growth-stage companies across Europe, North America

ADDX raises $58m in pre-series B round led by Stock Exchange of Thailand and UOB

Private markets exchange ADDX has raised $58 million in a Pre-Series B funding round that saw several financial institutions come on board as new shareholders: SET Venture Holding, a subsidiary of the Stock Exchange of Thailand (SET), UOB, Hamilton Lane (NASDAQ: HLNE) and Krungsri Finnovate, the corporate venture capital arm

RDCP exits Chilango to Tortilla

London-based investment firm RDCP Group (RDCP) has sold Mexican restaurant chain Chilango to Tortilla Mexican Grill PLC, the UK’s largest fast-casual Mexican restaurant brand. Established in 2007, Chilango is a Mexican quick service restaurant chain serving up burritos, fiery hotboxes, and spicy salads to its UK customers. RDCP Group acquired

BTIG adds MD to legal team

BTIG has added Winston Kitchingham to its legal team as a managing director. Kitchingham will serve as Associate General Counsel and focus on BTIG’s Investment Banking division. Kitchingham brings more than 20 years of experience to the firm. Most recently, he was a Director at MUFG Securities Americas Inc. Prior

Castlelake makes $150m investment in IMH

Global alternative asset manager Castlelake has made a $150 million investment in Swedish specialty lender, IMH. The investment includes the acquisition of IMH’s existing loans and a financing facility for the origination of new loans.   IMH focuses on lending up to SEK50 million to small to medium-sized real estate

Crestbridge appoints group head of governance services

Crestbridge has appointed Alex Le Quesne as group head of governance services with responsibility for managing the operational and financial performance of the firm’s Institutional Governance Services globally, including Management Company, Director, Client Compliance, Depository, Trustee, Appointed Representative, and Operator services. Le Quesne will oversee the selective growth of the

AI specialist Pupil acquires UAE surveying firm

Pupil, a global spatial data technology company, has completed a deal to acquire market leading surveying firm AUS-SURV Middle East. Founded in 2008, ASME specialises in all aspects of property measurement in the UAE. It has completed over 600 high rise and mixed use development projects across Dubai and Abu

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