Deals
Neuberger Berman has formed a strategic partnership with Intesa Sanpaolo to pursue direct investments in Italian companies.
As part of this cooperation, Marco Cerrina Feroni and Fabio Canè, who previously led Intesa Sanpaolo’s merchant banking and private equity operations, and several members of their team, have joined Neuberger Berman together with Stefano Bontempelli, a former Managing Director at Neuberger Berman’s European Private Equity business who has rejoined the firm. The three senior partners and their team will continue to be based in Milan and they will be part of the global Private Equity Division headed by Anthony Tutrone, Global Head
The FiveTen Group has accepted an offer from ManpowerGroup Australia for its Australian and Singaporean recruitment business.
The FiveTen Group comprises five specialist recruitment brands – Antal Russia, EMR (Marketing, Digital & Communications), Laurence Simons (Legal & Compliance), Marks Sattin (Accountancy & Finance) and Greythorn (Technology).
The sale primarily includes its Greythorn operations across Australia – in Canberra, Melbourne and Sydney – as well as the Singapore business.
Mark Carriban, CEO, FiveTen Group, says: “The sale largely comprises our Greythorn technology recruitment business across Australia and Singapore, which addresses differing technology markets, and clients, than our remaining Greythorn
Stockholm-based Arctos Corporate Finance (Arctos) is becoming part of Livingstone, an international mid-market M&A and Debt Advisory firm with offices in North America, Asia and Europe.
Arctos becomes part of Livingstone with immediate effect. The newly-named Livingstone Stockholm is a fully integrated part of the firm’s international infrastructure and joins established teams in Beijing, Chicago, Düsseldorf, London and Madrid. The marriage of the two firms creates a 100-strong organisation completing over 50 mid-market transactions each year.
Livingstone has worked closely on transactions with Partners Thomas Karlsson, Kenneth Westlund and Anders Jacobson, and co-founder Bertil Karlsson, for over 10 years.
Aquila Capital has purchased a portfolio of six photovoltaic parks in France. The plants, which have a combined installed capacity of 57 MWp, are located in the Aquitaine region near Bordeaux and are connected to the grid.
The photovoltaic plants benefit from France’s 2011 feed-in tariff scheme and have secured a long-term feed-in tariff of 11.08 cents per kilowatt hour. Investments of this size in the established French photovoltaic market are rare. With a photovoltaic track record of approximately 462 MWp, Aquila Capital is one of the three largest financial investors in the European photovoltaic market¹. With this transaction, Aquila
An affiliate of Fortress Investment Group is to become co-manager with Mount Kellett Capital Management of the Mount Kellett investment funds and related accounts (the funds).
Mount Kellett affiliates will continue to serve as general partner of the Funds. Additionally, affiliates of Fortress will become special limited partners of the Funds. Financial terms of the transaction were not disclosed.
The strategic alliance between Mount Kellett and Fortress brings together teams with significant special situations experience and sector specific knowledge, particularly in credit and global real estate. Mount Kellett will benefit from the scale and resources contained within the institutional framework of Fortress, a global
Stephen Yates examines Preqin’s latest data on wind power deals, including aggregate deal value, average deal size and the most prominent regions for wind power deal activity.
Preqin’s Infrastructure Deals module on Infrastructure Online includes extensive information on over 11,200 completed transactions in infrastructure assets globally. These deals encompass a wide variety of investors, ranging from infrastructure fund managers and direct institutional investors to developers, contractors and other industry-specific trade investors. Over 8,100 infrastructure transactions have been completed since 2006, worth an estimated deal value of approximately USD1.8 trillion. Renewable energy is a prominent sector within the asset class, with
Alternative investments firm QIC has formed a USD764 million (AUD1 billion) Asia-Pacific infrastructure partnership with the California Public Employees' Retirement System (CalPERS).
The partnership represents CalPERS' first Asia-Pacific infrastructure commitment and adds another of the world's largest pension funds to QIC's infrastructure client base. Under the terms of the arrangement, QIC will source, create and manage a portfolio of Asia-Pacific infrastructure assets for the partnership.
Ross Israel, Head of QIC's Global Infrastructure says: "We are very pleased to have entered into this partnership with a pension fund of CalPERS' stature and for an investment mandate of this scale. CalPERS has
Horizon Technology Finance Corporation has closed a USD7.5 million venture loan to SilkRoad Technology, a provider of cloud-based talent management solutions. SilkRoad will use the funds for working capital purposes.
"SilkRoad, a provider of innovative human resources management software, is an exciting addition to our diversified venture loan portfolio," says Gerald A Michaud, President of Horizon. "SilkRoad's product offerings assist companies with a variety of mission critical human resource needs. With our growth capital, SilkRoad has bolstered its liquidity to contribute to its encouraging growth outlook."
John Shackleton, President and CEO of SilkRoad, says: "We appreciate the support and financing
The average time taken to exit private equity-backed buyout investments has increased year-on-year since 2008. In this extract from the Preqin Private Equity Spotlight: May 2015, Anna Strumillo and Ciantelle Lawrence conduct an in-depth analysis of buyout holding periods.
Private equity investments are traditionally long-term investments with typical holding periods ranging between three and five years. Within this defined time period, the fund manager focuses on increasing the value of the portfolio company in order to sell it at a profit and distribute the proceeds to investors. This in turn determines how quickly and how much the investors can
Sterigenics International has closed a recapitalisation with an affiliate of Warburg Pincus and GTCR, which was announced in March 2015. Terms of the transaction have not been disclosed.
GTCR purchased Sterigenics in March 2011.
“We are incredibly energized to be partnering with Warburg Pincus and GTCR,” says Michael Mulhern, CEO, Sterigenics International LLC. “Their commitment enables Sterigenics to accelerate our growth, invest further capital to serve customers and build out our global scale.”
Sterigenics’ growth over the past several years has reinforced its global market-leading position in the contract sterilization services industry. In 2014, Sterigenics acquired Nordion, the world’s
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
