Tailwater Capital , an energy-focused private equity firm based in Dallas, has made a USD100 million initial equity commitment to TopSail Energy (TopSail), a newly-formed portfolio company that will primarily focus on purchasing and developing various refined products logistics and processing assets in North America. Jim Lelio will serve as Chief Executive Officer. He brings

Paul Hastings has advised Investindustrial on the launch of Investindustrial Fund VI (Fund VI), the largest ever fund focused primarily on Southern Europe. The fund will pursue majority investments in quality European mid-market companies typically headquartered in Italy, Spain, Portugal or Switzerland with a strong internationalisation potential.   Fund VI

Law firm Howard Kennedy and its regulated London Stock Exchange sponsor, Howard Kennedy Corporate Services, have advised Hazel Capital on the launch of two VCT funds with an exclusive focus on renewable energy. The Hazel Renewable Energy VCT 1 and Hazel Renewable Energy VCT 2 prospectuses were launched on 18 February.

BDC Capital has launched IT Venture Fund II, a new CAD150 million venture capital fund for the Canadian information technology (IT) sector. This second fund brings the amount under management by the BDC Capital IT Venture Fund group to CAD300 million, all of which is helping to build and support

Global sportswear brand, SKINS, has launched an equity crowdfunding campaign in the UK, Europe, Australia and New Zealand. SKINS is working with Seedrs (and partner company, Equitise in Australia and New Zealand) to launch the GBP2 million fundraising campaign. SKINS, which was founded in 1996 and currently sells products in

EFG Fund Services has been selected as full service provider to Index Ventures’ latest fund; its third Index fund appointment in as many years. Index Ventures VIII is a Jersey Expert Fund which has raised USD 550m in commitments and will continue Index Ventures’ seed and venture investment in technology

The Global Legal Entity Identifier Foundation (GLEIF), the body responsible for ensuring the operational integrity of the Global Legal Entity Identifier (LEI) System, has launched its data quality management program. Based on a set of clearly defined criteria, the program allows the quality of the LEI data pool (the publicly

Chubb has created a new Private Equity Practice to provide specialised insurance solutions to US and Canadian private equity firms and their portfolio companies. Seth Gillston, the Executive Vice President who previously had been named to lead the practice, will manage a team of underwriters with deep industry knowledge and

The Institutional Limited Partners Association (ILPA) has launched the Fee Reporting Template, which builds upon ILPA’s reporting guidelines first issued in 2011 and is the first deliverable of the ILPA’s Fee Transparency Initiative launched in May 2015. The Template marks the industry’s first attempt to unify and codify the presentation