A recommendation by the European Securities and Markets Authority (ESMA) to grant Guernsey a ‘third country’ passport under the Alternative Investment Fund Managers Directive (AIFMD) has been welcomed by Guernsey’s funds sector. In announcing its findings from the ‘Call for Evidence – AIFMD passport and third country AIFMs’ consultation ESMA
DLA Piper has advised a syndicate of mezzanine lenders made up of credit affiliates of Ardian GoldenTree Asset Management, KKR Creditor Advisors (US), Babson Capital Management, Alpinvest Partners, Idinvest Partners and Ares Management on their debt for equity restructuring, which has resulted in the group of mezzanine lenders writing off
Private equity firm Arle Capital Partners (Arle) has agreed to sell Fokker Technologies BV (Fokker) to GKN plc (GKN) for an enterprise value of EUR706 million. Fokker specialises in the design, development and production of lightweight aero structures, electrical wiring interconnection systems and landing gear. It also provides maintenance,
Marwyn Value Investors (MVI) has entered into a conditional placing letter to subscribe for a further GBP55.0 million of new ordinary shares in Zegona Communications as part of the placing of new ordinary shares to fund the proposed acquisition of Telecable Capital Holdingand its subsidiaries. This would increase the MVI
Private equity firm Swander Pace Capital is, is selling Merrick Pet Care, a natural and organic pet food leader, to Nestlé Purina PetCare. Terms of the deal have not been disclosed. Other selling shareholders include founder Garth Merrick, Monitor Clipper Partners, and Highland Consumer Partners. Since Swander Pace acquired the
Private equity firm GTCR has signed a definitive agreement to sell AssuredPartners to Apax Partners. Founded in 2011, AssuredPartners is the 6th largest independent P&C insurance brokerage in the nation with offices in over 30 states, the District of Columbia and London. Through Assured’s network of agencies, the Company provides
Venable has co-advised, with Canadian business firm McMillan LLP, client PlentyOfFish Media, Inc on its sale to the Match Group, a subsidiary of IAC, for USD575 million in cash. The parties have entered into a definitive acquisition agreement and expect to close the transaction early in the fourth quarter.
Marwyn Value Investors has sold 26.5 million depositary interests representing common shares in Entertainment One (ETO LN) at a price of GBP3.30 per share, raising gross proceeds of approximately GBP87.5 million, of which approximately GBP61.1 million is attributable to the Company. The Master Fund is now beneficially interested in approximately
Noerr has advised the Munich financial investor Deutsche Invest Equity Partners on the acquisition of a participation in PlanetHome AG structured as a co-investment with the US financial investor AP Capital Investments. The seller is HypoVereinsbank (UniCredit Bank AG). PlanetHome is a real estate service providers in Germany and Austria.
To help overcome the increased reporting burden faced by private equity managers, SEI has developed an automated end-client reporting capability. It comes at a time when global PE firms are having to adapt to regulation in the form of AIFMD and Annex IV reporting, not to mention a desire by
12 November, 2026 – 5:00 pm
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