The Indian Private Equity & Venture Capital Association (IVCA) is partnering with Cambridge Associates to provide extensive, independent Indian private equity and venture capital performance data to industry participants. As part of the strategic partnership, IVCA will give its members access to aggregate Indian private equity (PE) and venture capital (VC) benchmark data and statistics, once launched. Cambridge Associates, a global provider of independent research and investment advice, derives PE and VC benchmarks from the financial information in its proprietary database of institutional-quality PE and VC funds, which is one of the largest such data repositories in the world, and

Global economic uncertainty and regulatory change will continue to impact M&A activity in the coming year, according to the latest trends insights by Clifford Chance. Worries about sovereign debt, global economic slowdown and the continued lack of a resolution to the Eurozone crisis are contributing to an unsettled global picture. However M&A is continuing despite the challenging environment, and in some areas, Clifford Chance expects to see significantly more confidence in doing deals as the year progresses.   Matthew Layton, Global Head of Corporate at Clifford Chance, says: “The first half of last year showed that there is an appetite

AlienVault, creator of OSSIM, the de-facto standard open source SIEM (Security Information and Event Management) solution, has closed an USD8 million Series B financing led by new investor Trident Capital with participation from existing investors Adara Venture Partners and Neotec. The company has named Trident managing director J Alberto Yepez Chairman of the Board. Trident principal Michael Biggee also joins the AlienVault Board of Directors. The funding will be used to accelerate research and development and aggressively expand sales and marketing to meet increasing demand for unified security management from around the world. AlienVault also recently announced the appointment of

The Aureos South Asia Fund (ASAF) has completed a USD7million investment in Sai Security Printers Private Limited (Sai), a paper packaging company based in Faridabad and Bangalore, India. ASAF is managed by Aureos South Asia Managers Ltd, a subsidiary of Aureos Capital Limited, a private equity fund management company specialising in investing in small and medium sized businesses in emerging markets.   Sai started out as a security printing business and transformed itself into a multi-product packaging company, manufacturing labels and mono-cartons for food and beverage, pharmaceutical and FMCG industries. The company employs 600 people and has seen its paper

Independent Swiss private equity company, Constellation has selected Ipes as the administrator for its Constellation III German Asset Light Fund. The fund, which will focus on investing in growth companies in the service sector in German speaking Europe, reached its successful final closing in early December 2011. Ipes Luxembourg will provide a complete range of services for the fund, including domiciliation, central administration, registrar and transfer agency services and the provision of directors. Constellation chose to work with Ipes following a competitive tender process involving a total of four administrators. Marinus Schmitt, Associate Director at Constellation, says: “Looking ahead we

Physio-Control, a provider of emergency medical response technology for use in the intervention and treatment of cardio-respiratory sudden cardiac arrest and other medical emergencies, has completed the sale of the company to an affiliate of private investment firm Bain Capital.  The transaction, which was announced on 17 November, 2011, was valued at approximately USD487 million. Simultaneous with the closing, Brian Webster, formerly President, has been named Chief Executive Officer of the newly-independent company.   Headquartered in Redmond, Washington, Physio-Control is the global leader in professional emergency response products and services. The company’s professional products include LIFEPAK monitor/defibrillators, the LUCAS 2 chest

Alternative asset manager, Duet Group has made a significant investment into Dashen Brewery Plc. The investment will take the form of an equity injection from the newly formed Duet Beverages Africa Ltd, which will be managed by the Duet Africa Private Equity team, together with Vasari as the industrial partner. Proceeds of the investment will be used to expand the Company’s capacity and enhance distribution channels. The Ethiopian brewery sector experienced significant M&A activity in 2011, with international operators paying more than USD400 million for three state-operated breweries. Duet believes this investment reflects the potential of the Ethiopian brewery sector,

Hogan Lovells has advised long-standing client UnitedHealth Group (UHG) on the acquisition of medical services outsourcing specialist FrontierMEDEX from private equity house MML Capital Partners and the senior management of FrontierMEDEX for an undisclosed sum in a transaction that closed on 22nd December 2011. UHG is a leading health care company, serving more than 75 million people across the globe. FrontierMEDEX provides medical, safety and security solutions worldwide. The Hogan Lovells team advising UHG was led corporate partners John Basnage in London and Tim Aragon in Denver, supported by corporate associates Francesca Hazlett, Anthony Long and Jonathan Keyser. Tax support was

Jazz FM, Neopolitan Music and The Ingenious Entertainment VCTs has completed a GBP2 million investment into the UK’s first three day, outdoor, camping jazz festival, Love Supreme Jazz Festival, to take place in Brighton in the summer of 2013. Launched this month, the Love Supreme Jazz Festival is set to play host to some of the world’s finest jazz musicians. The festival aims to champion the eclectic music scene found in its neighbouring Brighton, and is expected to attract thousands of music lovers in its first year.   Paul Bedford (pictured), Investment Director at Ingenious, says: “At a time when

Venture capitalists put EUR4.4 billion into 1,012 deals for European companies in 2011, a 14% decline in investment and 19% decline in deal flow from 2010, according to Dow Jones VentureSource. This marks the lowest annual deal count for Europe since VentureSource began tracking the region in 2000. The fourth quarter was the weakest of the year in terms of deal activity as 194 deals collected EUR1.1 billion, a 43% drop in deals and 38% decline in investment over the same period in 2010. Weakness in the fourth quarter is notable as it is traditionally one of the most active