Allocations
Intelligent Highway Solutions has entered into a Private Equity Line Financing for up to USD5,000,000.00, subject to terms and conditions.
"This news is great for our shareholders and the timing is perfect," said Devon Jones, CEO of IHSI. "This type of financing is excellent for our company because it has no downward convertible mechanism and it gives us what we need to accelerate the execution of our business plan."
Arise AB has entered into an agreement with a fund managed by Allianz Capital Partners (ACP), for the sale of the construction-ready 33 MW Mombyåsen wind farm.
In addition to the sale, Arise will deliver civil and internal grid works under a turn-key contract as well as manage the construction, and once operational, operate the Project on behalf of ACP through asset management agreements.
As a result Arise estimates to receive revenues under the various contracts relating to the sale and construction phase with a corresponding positive earnings impact of approx. 33 MSEK in 2015 and 2016, combined. Arise will
Institutional asset owners recorded a median gain of 0.2 per cent in Q2, according to Northern Trust Universe data. This marks a drop from the 4 per cent median gain in the second quarter last year and 2.3 per cent median gain in the previous quarter.
The Northern Trust Universe tracks the performance of about 300 large US institutional investment plans, with a combined asset value of approximately USD899 billion, which subscribe to performance measurement services as part of Northern Trust’s asset servicing offerings.
There was a noteworthy divergence of returns among plan types in the second quarter of 2015.
American Capital is to launch American Capital CLO Fund I, LP, a new USD450 million fund focused on investing in equity tranches of collateralised loan obligations (CLOs).
Closing of the Fund is expected to occur within 90 days and is subject to standard conditions. The transaction further expands American Capital's asset management business and will increase American Capital's third-party earning assets under management by USD450 million, or 3 per cent.
The Fund, which will be comprised entirely of third party investors, will purchase USD300 million of American Capital's existing CLO equity portfolio at its fair value as of 30 June,
Ogier has acted for Golden Star Resources in connection with its USD150,000,000 financing obtained from Royal Gold.
The USD150,000,000 financing consists of a USD20,000,000 term loan from Royal Gold, Inc. and a USD130,000,000 stream transaction with Royal Gold, Inc.’s wholly-owned subsidiary, RGLD Gold AG.
Golden Star Resources Ltd is an international gold mining and exploration company producing gold in Ghana, West Africa. The financing will facilitate the development of the company’s Wassa and Prestea underground mines located in Ghana.
Ogier worked with Fasken Martineau, Canadian counsel to Golden Star Resources. Managing associate James Heinicke, partner Bradley Kruger and associate
New York City is home to over a third of all the assets in the hedge fund industry today. We provide a comprehensive overview of the hedge fund industry in New York City, including New York City-based investors’ plans for the next 12 months, the number of hedge fund launches each year, fund terms and conditions, the largest hedge fund managers and performance.
Read the full factsheet here, featuring charts and tables showcasing the latest Preqin data on New York City-based hedge funds.
Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a USD36 million unitranche credit facility to support the acquisition of Virtium by private equity sponsor, L Squared Capital Partners.
Founded in 1997 and based in Rancho Santa Margarita, California, Virtium is a leading provider of customised, ruggedised, and highly engineered industrial memory and embedded solid state drive products to the industrial market. In recent years, the company has experienced significant growth as a result of increasing demand for highly customised memory and storage products.
Private equity firm Thoma Bravo has acquired iPipeline, a provider of cloud-based software solutions to the life insurance industry. Financial details have not been disclosed.
“iPipeline typifies what we look for in an investment opportunity,” says Holden Spaht, a managing partner at Thoma Bravo. “The Company is a market leader with a mission critical product offering and has a strong secular growth opportunity from the continued migration of life insurance applications from print to digital.”
Founded in 1995, iPipeline provide SaaS solutions that drive straight-through processing for the insurance and financial services industry. With more than 400 employees worldwide,
CIT Sponsor Finance has provided senior secured credit financing to Altamont Capital Partners (ACP) and Douglas Products, LLC (Douglas) to acquire the Vikane and ProFume businesses from Dow AgroSciences.
ACP is a San Francisco Bay area private equity firm focused on middle market businesses and partnering with leading management teams to help them reach their full potential. Douglas is a leading manufacturer and distributor of specialty chemical products for pest management, thermal fluids and sanitary sewer applications. Financing for CIT was provided by CIT Bank, the US commercial bank subsidiary of CIT. Terms of the transaction have not been disclosed.
London is the second largest centre for hedge funds globally, behind New York City. Here, we take a detailed look at the hedge fund industry in London, including London-based investors’ plans for the next 12 months, the number of hedge fund launches each year, fund terms and conditions, the largest hedge fund managers and performance.
Read the full factsheet here, featuring charts and tables showcasing the latest Preqin data on London-based hedge funds.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
