Allocations
Carey Olsen is the fastest growing legal adviser to investment funds domiciled in Jersey, according to the latest Monterey Insight Fund Report.
The annual report provides a comprehensive analysis of the performance of funds in Jersey and offers an insight into the primary service providers, including their overall market share.
Carey Olsen advised a total of 296 Jersey-domiciled investment funds at 30 June 2017 (up from 274 on last year). Significantly, the firm is one of two Jersey law firms to increase the number of Jersey-domiciled funds it advises.
The firm’s investment funds team has been involved in
Asset manager 1Sharpe Capital has completed an initial capital raise of USD500 million. The income generating strategy attracted strong support from global pension plans and foundations and will focus its investments on real estate related loans that can deliver superior risk-adjusted returns.
“We are very pleased by the strong backing we have received from institutional partners,” says Rob Bloemker, co-founder and chief investment officer at 1Sharpe. “We believe our unique strategy will help us identify opportunities in private and public markets, generating solid returns for our investors.”
The firm’s co-founders, Rob Bloemker and Gregor Watson (pictured), have vast experience
Noerr has advised IDI Gazeley on the acquisition of its European division Gazeley by the Singaporean warehouse operator Global Logistic Properties (GLP).
GLP acquired Gazeley for USD 2.4 billion from the portfolio of the Canadian real estate investor Brookfield Asset Management.
Gazeley, the European division of global logistics company IDI Gazeley, is a leading investor and developer of logistics warehouses and distribution parks with a 33 million square foot portfolio concentrated in Europe’s key logistics markets, namely the UK, Germany, France and the Netherlands.
Noerr advised IDI Gazeley on the legal aspects of the transaction in Germany and
Onex Corporation (Onex) has raised USD7.15 billion for Onex Partners V, surpassing its USD6.5 billion target.
The fundraising was supported by both existing and new investors, including large public pension plans, sovereign wealth funds and other institutional investors globally.
“This is a terrific outcome,” says Emma Thompson, Onex’s Managing Director – Investor Relations. “We’re proud to have an enviable group of sophisticated investors supporting our team and our strategy. Many of our limited partners have been with us since 2003 when we raised Onex Partners I and invest across the Onex platforms, but we also have some great new investors
Ametros Financial Corporation, a specialist in post-settlement medical administration, has secured a growth capital investment from Long Ridge Equity Partners.
Founded as an independent company in 2010, Ametros provides settlement recipients and self-pay individuals (its “members”) with a broad set of financial and medical management tools, including integrated medical administration tools and reporting, seamless and automated payment technology, and access to significant healthcare discounts for pharmaceuticals, provider visits, and medical equipment.
Ametros has become a trusted partner for thousands of members receiving funds from workers’ compensation and liability settlements, in addition to providing services and solutions for all parties
Gide’s Casablanca and Brussels offices assisted Renault Trucks (Volvo group) on the divestment of its Moroccan subsidiary, Renault Trucks Maroc, to longstanding distribution partner Groupe Bernard Hayot (GBH).
The closing took place on 1 November 2017, following the approval of the transaction by the Moroccan competition authorities.
A long-standing distributor of Renault Trucks in the French Antilles, Reunion Island, Ghana and the Ivory Coast, GBH intends to expand its development in Africa and strengthen its offer on the Moroccan market. GBH was already present in North Africa with the Hertz franchise in Morocco and the distribution of Citroën and
Danish environmental services group Reconor, a portfolio company of private equity firm Agilitas, has completed its third acquisition of 2017. Financial terms of the deal have not been announced.
Reconor, based in Farum, Denmark, is further strengthening its activities in Southern Jutland with the acquisition of the business of 7-9-13 Recycling, a waste collection and recycling company established in 2000 and counting more than 250 customers, served with over 250 mini-containers and over 85 skips. The acquisition follows the purchase of Mijodan a/s, also based in Southern Jutland, in October 2017 and the acquisition of Lotra a/s in June 2017.
Noerr had advised Bridgepoint and its portfolio company WiggleCRC on the acquisition of Bike24 from the private equity fund Riverside.
Bike24 is an e-commerce platform for bicycles, sports equipment and clothing active in Germany, Austria and Switzerland. The company, which is based in Dresden, was taken over in 2011 by Bridgepoint and is one of the fastest-growing online bicycle retailers in Europe.
The Noerr team led by Munich partner Georg Schneider advised Bridgepoint and WiggleCRC comprehensively on all German aspects of the transaction. Travers Smith advised on English law.
A new fund that aims to invest in EIS-qualifying companies in the media and entertainment industries has been launched by Atlantic Screen Media Limited. Atlantic is seeking to raise GBP15m in the current tax year for identified projects.
Demand for content in film and television worldwide is growing exponentially as consumers move to watching TV and film on their mobile devices in increasing numbers. Streaming video devices and smartphones are fast becoming the channel of choice for both old and new generations of customers. This, added to the range of delivery mediums such as Netflix, Amazon, Hulu and all the
Arrowroot Capital Management has held the closing of its third fund, Arrowroot Capital III with over USD177 million in limited partner and general partner commitments.
The fund was oversubscribed and closed at its fundraising cap. The firm has already completed a number of investments throughout 2017 and expects to close additional opportunities prior to the end of the year.
Founder & Managing Partner, Matthew Safaii, says: “We are pleased to have brought in an impressive core of leading endowments, foundations, consultants, pensions, alternative asset managers, and other institutions who we look forward to working with in the months and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
