Allocations
Latest figures released on Jersey’s finance industry show a steady performance including a small increase in banking deposits and signs that a change to fund regulation will support certain types of new funds business.
Banking deposits have reached their highest level since last summer and while there was a small fall in the value of funds, this has followed a period of consistent growth each quarter, so overall the economic picture is very stable. The statistics, collated and prepared by the Jersey Financial Services Commission (JFSC), are for the three month period ending 31st March 2015. Headline figures include:
The
Kurma Partners (Kurma) has teamed up with Insitut Pasteur to launch its third fund Kurma Diagnostics (KDx), a venture capital fund Venture Capital fund dedicated to financing early-stage European innovative Diagnostic projects and companies.
The new fund supported by the European Investment Fund, Fonds National d’Amorçage, Institut Pasteur, and BNP Paribas, will benefit from the extensive network of European clinical and academic research institutes that has been cultivated over the past six years.
To date, Kurma has made investments across Europe via two funds, in therapeutics, devices, and diagnostics companies, and has demonstrated its value as a financial and
Ontario, Canada is making it easier for businesses that produce positive social or environmental impacts, along with a sustainable financial return, to grow and succeed.
The province, in partnership with the Network of Angel Organisations–Ontario (NAO-Ontario), is launching the Impact Angel Alliance. The Alliance will encourage more investors to help kick-start promising, high-growth social ventures in Ontario. This will be Canada’s first impact investing angel network.
The Alliance will work with NAO-Ontario to:
• Raise awareness of social ventures among established angel investor groups.
• Help diversify angel group membership to help bring in more women, visible minorities, and
Aquila Capital has purchased a portfolio of six photovoltaic parks in France. The plants, which have a combined installed capacity of 57 MWp, are located in the Aquitaine region near Bordeaux and are connected to the grid.
The photovoltaic plants benefit from France’s 2011 feed-in tariff scheme and have secured a long-term feed-in tariff of 11.08 cents per kilowatt hour. Investments of this size in the established French photovoltaic market are rare. With a photovoltaic track record of approximately 462 MWp, Aquila Capital is one of the three largest financial investors in the European photovoltaic market¹. With this transaction, Aquila
notonthehighstreet.com, the UK’s largest curated online marketplace, has secured a GBP6M term loan from Silicon Valley Bank. The funding will be used to provide additional liquidity as the business continues to grow.
notonthehighstreet.com brings together over 5,000 of the UK’s best small creative businesses offering over 170,000 original, inspirational lifestyle products, many of which are bespoke and made to order. Investors backing the business include Venrex Investment Management, Index Ventures, 83North, Fidelity Growth Partners and Industry Ventures LLC.
Andy Botha, CFO at notonthehighstreet.com, says: “Our business has continued to go from strength to strength and this financing will enable
HVAC&R Limited (HVAC&R), a provider of heating, ventilation and air conditioning solutions to the oil and gas sector, has been acquired for GBP10.25million with capital from
Lonsdale Capital Partners has acquired HVAC&R Limited (HVAC&R), a provider of heating, ventilation and air conditioning solutions to the oil and gas sector, in a GBP10.25 million deal and will integrate the company into its existing investment, Oteac.
Royal Bank of Scotland are the senior debt advisors on the deal.
Oteac provides fire and safety services to the oil and gas, drilling, marine, public service and industrial/commercial sectors. The company’s acquisition and integration with
The German private equity market is showing signs of a slight downturn after the buoyant mood experienced since last summer. Deteriorating financing conditions and business prospects mean that investors in the SME sector are increasingly joining the ranks of the sellers.
However, private equity professionals expect conditions to improve in the second half of the year, according to the findings of the latest private equity panel survey, which is conducted three times a year by CMS Germany and FINANCE magazine. Some 40 private equity (PE) firms provide anonymous assessments of the market for the survey.
Overall, private equity investors in
All lights turned green for Hedge funds after a difficult start to the month. All strategies ended the week in the black pushing the Lyxor Hedge Fund index higher, however, the index remains negative at -0.2 per cent month to date. Earlier in May, the higher volatility regime exhibited by several asset classes impacted hedge funds negatively.
An affiliate of Fortress Investment Group is to become co-manager with Mount Kellett Capital Management of the Mount Kellett investment funds and related accounts (the funds).
Mount Kellett affiliates will continue to serve as general partner of the Funds. Additionally, affiliates of Fortress will become special limited partners of the Funds. Financial terms of the transaction were not disclosed.
The strategic alliance between Mount Kellett and Fortress brings together teams with significant special situations experience and sector specific knowledge, particularly in credit and global real estate. Mount Kellett will benefit from the scale and resources contained within the institutional framework of Fortress, a global
Baring Private Equity Asia is to acquire a majority stake in Vistra Group from IK Investment Partners’ IK 2007 Fund. The Vistra Group management team will continue to hold a significant shareholding in the Company after completion.
The completion of the transaction is subject to regulatory approvals. The parties have agreed not to disclose the financial terms of the transaction.
Baring Asia is one of the largest and most established independent private equity firms in Asia and advises funds that manage more than USD9 billion in committed capital. The firm runs a panAsian investment program, sponsoring management buyouts and providing
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
