Allocations
Following the recent headlines on Mergers and Acquisitions, Julia Scheufler (pictured) of Cerno Capital comments on the current market conditions and what this means for future mergers and acquisitions…
Merger and Acquisitions (M&A) continue to be a regular feature in news headlines. In the first quarter of 2015, global M&A have reached their highest levels since 2007 with a volume of USD887bn. This is an increase of 14% compared to the same period last year. Healthcare, Real Estate and Technology are the most targeted sectors globally this year so far with 34% of total combined volume. (source: Dealogic).
Conditions that have powered
By James Williams – Private equity has never been synonymous with the word liquidity when it comes to investing in alternative assets, but a new report by SEI’s Investment Manager Services division suggests that this may be changing.
The report, entitled “Private Equity Liquidity – A Work in Progress”, finds that nearly half of general partners (47 per cent) and a third of limited partners (36 per cent) and consultants (33 per cent) agreed that the private equity market was “more liquid than it used to be”. For reference, SEI surveyed 212 private equity professionals during November 2014 to canvass
AbilTo, a provider of behavioural change programs proven to improve medical health and lower cost for high-cost medical populations, today announced that it has closed a USD12million Series C round of financing.
The new funding will allow the Company to accelerate the deployment of engagement, care delivery and infrastructure capabilities. HLM Venture Partners (HLM) led the round, and Yumin Choi, Partner, HLM, has joined the company's board of directors. Previous investors BlueCross BlueShield Venture Partners, .406 Ventures and Sandbox Industries/ also participated in the financing.
"We were fortunate to have several high-quality venture capital firms interested in our Series C,
Adents, a product unit identification and traceability software provider, has secured EUR8.5 million in additional funding.
This round of financing will allow the fast-growing company to expand its international presence and ensure the rapid deployment of its software solution on pharmaceutical product packaging lines in Europe and North America.
Founded in 2007, Adents has quickly become a major player in product unit identification and traceability software in France, particularly in the pharmaceutical sector.
In a context where counterfeit medicines are flooding the internet and arrive at the pharmacy or hospital, sometimes becoming part of the official distribution channel
Quercus Assets Selection is launching its third fund in the renewable energy sector, an Italian wind fund aimed at institutional investors both in Italy and internationally.
Investors will be required to invest a minimum of EUR10 million to gain access to the fund, which will build a geographically diverse portfolio of Italian wind farms that have been operational for two to five years, each generating a minimum of 20/25MW of electricity.
The fund will initially look to invest in existing plants in Central and Southern Italy and it will have an investment horizon of 15 years, with an annual Internal
Global alternative asset manager The Carlyle Group and global private equity and investment advisory firm CVC Capital Partners, are to fund Neptune Oil & Gas Ltd, a new oil & gas investment vehicle that will be headquartered in London.
Neptune will focus on investing in large oil & gas portfolios that may come available as a result of current energy market dynamics.
Neptune will be led by Sam Laidlaw, an industry veteran, who has more than thirty years’ experience in the energy sector. Laidlaw will work alongside Carlyle and CVC to identify large-scale investment opportunities arising in the North
Fordhouse Equity has successfully completed the acquisition of Livetel Solutions, a telephone answering, virtual PA and lead generation provider.
The acquisition of Livetel Solutions forms part of multi-million pound investment strategy to grow the MessageBase brand, which was acquired by Fordhouse Equity in August 2014. MessageBase provides call answering, call handling and message taking services for both small and larger businesses, as well as public organisations looking to reduce costs and improve customer service levels.
The new acquisition, which was completed in May 2015, forms part of an expansion plan and wider strategy to shake up the call industry and
Aquila Capital’s newly launched Aquila Renewables Fund III SA (ARF III) has secured a significant amount at first close from a large institutional investor. A high double digit million amount of the capital has already been allocated to operating assets.
The fund, which invests in a diversified portfolio of photovoltaic and wind power plants in Europe, pursues a conservative investment strategy and aims to generate early and stable current yield as well as an attractive overall return. ARF III is suitable for institutional investors who are seeking stable and predictable returns and who wish to diversify their portfolio to include
In this extract from the Preqin Real Estate Spotlight | June 2015, Abbie Smith examines the recent fundraising successes of private real estate funds focused on non-traditional property types, such as medical/healthcare facilities, senior homes, student housing and self-storage.
Fundraising
Preqin’s Real Estate Online contains extensive information on 131 funds which are focused solely on niche property types. Vehicles that solely target niche property have raised USD11.1 billion since 2009 (Fig 1). Fundraising was slower prior to 2013 with USD3.4 billion raised in the period, whereas since the start of 2013, more than double (USD7.7 billion) this amount has
Law firm Ogier has acted as Jersey counsel to a consortium of 60 lenders in relation to Glencore's USD15.25 billion revolving credit facilities.
The deal involved the refinancing of Glencore's existing revolving credit facilities entered into in June 2014, comprising of a new USD8,450,000,000 revolving credit facilities agreement and an amendment to an existing facility, expanding it to USD6,800,000,000. The new facilities will be used for general corporate purposes and included a guarantee from Jersey incorporated parent company Glencore plc. The international law firm Clifford Chance (Russell Wells, Richard Tomlinson, Jay Gavigan and Philip Sealey) acted for the lenders as
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
