Renaissance Capital, an emerging and frontier markets investment bank, has completed two debt capital markets transactions last week. A USD50 million Eurobond issue for ABH Ukraine, the sole shareholder of Alfa Bank Ukraine. The new bond issue was a Reg S market only transaction with a one-year maturity and a coupon rate of 10%. Alfa-Bank Ukraine is a leading Ukrainian commercial bank with international capital. The bank ranks among the ten largest banks in Ukraine, according to the National Bank of Ukraine. Renaissance Capital London acted as the Sole Lead Manager for the issue.   A USD40 million Bond Tender

Gousto, the recipe box delivery company, has raised an additional GBP9 million bringing the total raised to date by the firm to GBP20 million. Founded in 2012, Gousto delivers ingredients boxes for specific, suggested recipes. This latest investment includes GBP3m from BGF Ventures – the first investment for the GBP200 million fund since it opened its doors to early stage technology companies in the autumn of this year – alongside existing investors MMC Ventures, Unilever Ventures and the Angel Co-Fund. Gousto is one of the UK’s fastest growing technology-based companies. Last month, it delivered more than 300,000 meals to homes

Raiffeisen, the third-largest banking group in Switzerland and a partner of Avaloq since 2007, is acquiring 10 percent of the Avaloq group’s shares as part of a strategic plan by Avaloq to strengthen its capital base for upcoming opportunities. As part of its growth strategy, the Avaloq group is expanding its number of shareholders and adding a strategic partner. Raiffeisen, one of the system-relevant banking groups in Switzerland and part of the Avaloq Community since 2007, is acquiring 10 percent of the Avaloq group’s treasury shares. With Raiffeisen’s investment in Avaloq, the two leading companies strengthen their existing partnership and

Monroe Capital has acted as sole lead arranger and administrative agent on a USD14.5 million senior credit facility to support the merger of Nelbud 360 Services Group and TEAM Services. Nelbud 360 Services is an existing portfolio company of Source Capital. Based in Indianapolis, Indiana and founded in 1981, Nelbud 360 Services is a leading provider of commercial kitchen fire prevention and equipment maintenance including kitchen exhaust cleaning, technical services, fire protection services, and wastewater management. TEAM is a provider of full service electric and mechanical solutions including HVAC services, electrical, refrigeration, kitchen equipment, and plumbing and drain cleaning services.

Mid-market private equity firm Bowmark Capital is backing the buy-out of Nexus Vehicle Solutions, a B2B broker of rental vehicles in the UK, from its previous institutional investor, Livingbridge, for a total consideration of GBP51 million. The business connects vehicle rental companies with corporate customers via a proprietary online booking and rental management system that automates and streamlines the procurement process.   Founded in Leeds in 1999, Nexus provides its 800 customers with access to over 500,000 vehicles sourced from 130 rental companies operating from more than 2,000 locations. For rental companies, Nexus provides valuable incremental volumes that are otherwise difficult

Alternative Investment Capital Limited (AIC), a Japanese management firm specialising in private equity investments, has chosen eFront's flagship FrontInvest solution in combination with its eFront Investor Cloud (EIC) solution to integrate the firm's operations and streamline its alternative investments data workflows. FrontInvest is an end-to-end solution for both investors and fund managers. EIC provides services to limited partners by collecting and validating performance data from fund managers.   AIC was founded in 2002 as an investment management firm in Japan focusing exclusively on alternative assets. The firm is headquartered in Tokyo and primarily serves Japanese institutional investors and pension funds.

Dunedin backed Hawksford has received formal permission to operate in the Caribbean region with the award of a full Trust Licence that will enable the business to provide a wide range of trust services in the Cayman Islands.  This move reinforces the company’s ongoing commitment to client choice through building a network of jurisdictions around the globe. Following this expansion into the Cayman Islands, Hawksford can now offer a choice of fiduciary services to clients from Europe, Asia and the Caribbean.   Hawksford was backed by UK mid-market private equity house Dunedin in October 2008.  Since then, it has pursued

Funds advised by CVC have entered into a partnership with GIC and will become a co-shareholder in the RAC through the purchase of Carlyle Group’s stake in the association. The investment was made from CVC’s Strategic Opportunities Platform, established in response to growing demand from large investors to be able to invest for the long term in stable, high quality businesses, and this will be its first investment.   The RAC is the second-largest roadside assistance provider across the UK and has approximately 8.6 million members as of 30 September, 2015. Committed to quality service and innovation over 118 years,

Mentorship accelerator VentureScaleUp is partnering with the online investment platform Florida Funders to provide access to seed capital to support the startup companies accepted into its 2016 Spring and Fall programs.  The accelerator is leveraging the highly selective Growth Accelerator Fund award it recently received from the US Small Business Administration as well as access to the large number of Florida accredited investors on the Florida Funders platform.  Additionally, the accelerator opened applications for its 2016 Spring program.   VentureScaleUp launched a pilot program in August with seven startups. The program provided one-on-one mentoring with successful entrepreneurs who have previously

Omnes Capital and Fonroche Géothermie have signed a partnership agreement for the development, construction and operation of deep geothermal energy generation projects in France. Since 2010, Fonroche Géothermie has developed a fully integrated approach and ambitious industrial plans for developing geothermal energy projects in France. This strategy is supported by a team of specialists in geoscience, drilling and surface mining.   Geothermal energy is a natural and competitive renewable energy source that can supply electricity and heating locally 365 days a year.   Having obtained seven exclusive operation permits in France, Fonroche Géothermie is planning to invest more than EUR400