Allocations
TVV Capital, an operationally-focused private equity firm, has acquired Pensacola-based Ian-Conrad Bergan (ICB), a provider of engineered sensors, electronics and software for monitoring and gauging marine storage tanks.
Terms of the transaction have not been disclosed.
The acquisition of ICB is the sixth investment for TVV Capital’s latest fund, TVV III.
“The acquisition of ICB highlights TVV’s focus on acquiring niche companies with proprietary products, a strong management team and solid growth opportunities,” says Andrew W Byrd (pictured), President of TVV Capital. “ICB’s products and solutions enjoy a strong market share for inland tank barge sensors and coast-hugging
You.i Labs Inc, a user-interface technology company, has partnered with Los Angeles-based Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors, an alternative investment firm managing over USD27 billion in assets.
Headquartered in Ottawa, Canada, You.i TV provides a proprietary user-interface engine to enterprise-level media and telecommunications companies to create world class video applications that run across multiple media devices, including mobile phones, tablets, game consoles, smart TVs and set-top boxes. You.i TV’s technology and unique work flow process helps deliver a high quality and consistent user experience, increases cost savings, provides a faster time to market
SS&C Technologies Holdings has acquired Primatics Financial for approximately USD122 million on a cash and debt free basis from The Carlyle Group. The acquisition is expected to close in the fourth quarter of 2015.
Primatics has 384 employees, 2014 annual revenues of USD51 million and adjusted EBITDA of USD12 million.
Headquartered in McLean, Virginia, Primatics is a leader in accounting, forecasting, regulatory reporting, reserving and stress testing solutions to financial institutions holding or acquiring loans. The Primatics EVOLV platform is a cloud-based, integrated risk and finance solution designed to tackle the end-to-end process challenges impacting all loan lifecycle events
Here, we take a detailed look at the infrastructure industry in Australia, including a breakdown of Australia-based investors’ by preferred route to market, source of infrastructure allocation and assets under management.
Read the full factsheet here, featuring charts and tables showcasing the latest Preqin data on the Australian infrastructure market.
Figures compiled for the forthcoming 2015 Preqin Private Equity Fund Terms Advisor show a significant disparity in the fees private equity fund managers offer investors in their separate accounts and co-investment opportunities, compared with fees for commingled fund investments.
When calculating performance fees, 48 per cent of fund managers charge a 20 per cent carry rate for separate accounts, compared to 85 per cent of managers running commingled funds. 48 per cent of managers charge no carried interest on co-investments, while only a quarter keep the same rate as in their main vehicle.
With regards to management fees, private
HIG Capital’s (HIG) affiliate has reached an agreement with the shareholders of Finangeste, a Portuguese asset manager, to acquire two real estate-based portfolios.
The portfolios are comprised of 77 Real Estate assets and 114 secured loans with a face value of over EUR110 million.
The transaction represents HIG’s 21st real estate investment in Europe since the beginning of 2013. HIG continues to add to its sizeable portfolio of Real Estate assets in Europe, especially in its target market of small/midcap opportunities with a meaningful value-added component.
Ahmed Hamdani (pictured), Managing Director at HIG in London, says: “This investment
Cloud Equity Group, an investment management company focused on opportunistic acquisitions of established web service providers, has acquired Virpus, a Xen virtual private server and bare metal cloud hosting provider.
Virpus is currently one of America's largest budget-friendly Xen VPS hosting providers offering both Pure SSD and SSD-Cache services out of their Seattle, Los Angeles, and Kansas City facilities. Virpus currently owns all of its enterprise-grade hardware which allows the company pass along significant savings to their end-users. Cloud Equity Group plans to bring on a variety of new features including high-availability setup options and customer directed on-the-fly server resource
Clearwater International has advised global marketing services business adm (Group) Limited on a finance package of GBP24 million, with funding being provided by HSBC.
adm is the market leader in the promotional product industry with 18 offices in 13 countries. Since 1992 they have been worked to develop bespoke promotional materials and out sourced solutions for many of the largest international consumer brands.
The multi jurisdictional asset based financing, provided by HSBC, will be used by adm to support their aspirations for continued global growth. Following an MBO at the end of 2014 the business is in an exciting phase
SEI has introduced a new global regulatory risk and compliance platform that centralises handling of an investment firm’s regulatory and compliance functions across investment vehicles, products, and jurisdictions around the globe.
SEI’s Investment Manager Services (IMS) division developed the suite to help its diverse investment manager clients rein in the escalating costs and risks resulting from the industry’s fast-rising tide of regulations.
“For years, investment managers have dealt with regulatory compliance in a reactive and siloed way, focusing on one product type, regulator, or regulatory regime at a time. But that approach is inefficient and error-prone, poses risks of non-compliance,
Wermuth Asset Management’s (WAM) Greater Europe Deep Value Fund SPV has exited it investment in National Recovery Service (NRS), a debt collection service provider based in Russia and Eastern Europe. The investment generated a return of 3.2x on capital invested and an IRR of 17 per cent.
NRS services 450 clients through its 72 offices across Eastern Europe. It currently employs over 1,500 professionals and operates four state-of-the-art call centres in Moscow, Novosibirsk, Volgograd and Kiev. Since 2006, NRS has recovered over 10 billion roubles for its clients, which include major Russian and international financial service institutions, telecoms and other
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
