PE Tech Report

Results & performance

2014 PE-backed buyout deals and exits reach highest level since crisis

2014 represented the highest ever aggregate exit value for private equity buyout fund managers, with a total of 1,604 exits globally valued at USD428bn, according to Preqin. This is up over 30% on the total value of exits in 2013, and is the highest ever annual value of private equity-backed

Fund managers look to outsourcing to overcome Annex IV reporting headache

With As the first AIFMD reporting deadline for many managers of Alternative Investment Funds (AIFs) looming large on 30 January 2015, firms may turn to outsourcing to meet their obligations. A survey conducted by the Financial Services team of Moore Stephens highlighted that only half of AIFMs are fully aware

Global VC capital financing up 58% in 2014

Over the past year, a total of 7,474 venture capital financings were announced globally with an aggregate value of USD86.6bn, according to Preqin. This represents an 11% fall in the number of financings taking place compared to 2013, but a 58% rise in the aggregate value of deals compared to

Bumper year for MMC Ventures

Venture fund manager MMC Ventures has enjoyed a bumper 2014, attracting GBP74m in total investment into its portfolio in the past 12 months.  2014 saw the team make 23 investments in total, demonstrating why CB Insights named MMC as one of the UK’s most active early stage investors for the third

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Prairie Cloudware closes USD3.2m capital raise

Prairie Cloudware has completed a USD3.2 million capital raise. The company was founded to help financial institutions protect and extend their payments franchise while improving security, convenience and control for their customers. “Three times as many consumers trust financial institutions over other providers to make payments safe,” said Kevin Kammer,

Australian PE deal activity lower in 2014, says AVCAL

Deal activity in the Australian PE market in FY2014 was lower than in the previous year in terms of total deal size, but deal numbers were up, largely due to more bolt-ons and follow-on investments.  That’s according to the sixth annual AVCAL Deal Metrics Survey of private equity (PE) and

Veritas Financial Partners raises USD125m for growth

Veritas Financial Partners has raised USD125 million in debt and equity to provide for future growth. The company recently entered into a credit facility with BMO Harris Bank NA.  Veritas also secured a private equity investment from funds managed by Atalaya Capital Management as part of a strategic transaction which

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SLEPET NAV up 5.8% in year to end September

The Standard Life European Private Equity Trust’s (SLEPET) net asset value per ordinary share (NAV) rose by 5.8% to 257.4p during the year ended 30 September 2014. The NAV total return to shareholders was 7.7%. The Company’s portfolio, including net realised gains and income, generated a return of 9.7% during

Geoff Cook, Jersey Finance

Jersey funds figures reach five year high

The latest figures for Jersey’s finance industry reflect a particularly strong performance for the funds sector, with the value of funds business in the island reaching the highest level in five years. The statistics highlight that the net asset value (NAV) of regulated funds increased by GBP5 billion in the

Richard Corrigan, Jersey Finance

Jersey strengths showcased to key Asian advisers in inaugural Roadshow series

Jersey’s strengths as a centre for wealth management, company listings and fund servicing were showcased to over 500 stakeholders in key Asian markets last month, through Jersey Finance’s inaugural Asia Roadshow. Between 17 and 26 November, Jersey Finance hosted a range of breakfast and lunch events in Hong Kong, Kuala

Events

12 September, 2024 – 6:00 pm

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