Allocations
More than 500 people attended the Guernsey Funds Forum 2015 in London last week, which was hosted by ITV news anchor, Alastair Stewart, OBE.
The keynote speech was delivered by Guernsey resident and private equity specialist Guy Hands, Chairman and Chief Investment Officer of Terra Firma Capital Partners Limited.
Dominic Wheatley, Chief Executive of Guernsey Finance, says he was delighted with the number and quality of attendees, as well as the content of the sessions.
“The event allows us to reinforce and build upon our key relationship with the City of London so to have attracted such an impressive number
Waterland Private Equity Investments has closed Waterland Private Equity VI following a successful fund-raising after just three months in the market.
Carey Olsen advised the sixth fund for the Dutch private equity firm which has raised EUR1.55 billion in the short time frame. EUR1.25 billion sits within the fund (a Guernsey vehicle that invests into the Dutch fund) with the remaining EUR300 million in an overflow fund – also a Guernsey vehicle that invests into the Dutch overflow fund – that will be used when the principal vehicle reaches its concentration limits.
The Carey Olsen team of partner Ben Morgan,
Sterigenics International has closed a recapitalisation with an affiliate of Warburg Pincus and GTCR, which was announced in March 2015. Terms of the transaction have not been disclosed.
GTCR purchased Sterigenics in March 2011.
“We are incredibly energized to be partnering with Warburg Pincus and GTCR,” says Michael Mulhern, CEO, Sterigenics International LLC. “Their commitment enables Sterigenics to accelerate our growth, invest further capital to serve customers and build out our global scale.”
Sterigenics’ growth over the past several years has reinforced its global market-leading position in the contract sterilization services industry. In 2014, Sterigenics acquired Nordion, the world’s
Audax Group has partnered with management to acquire TPC Wire & Cable Corp (TPC) from Chicago based private equity group, Pfingsten Partners.
Headquartered in Macedonia, Ohio, TPC is a producer of high performance, ruggedised wire, cable, and connectors used in harsh industrial applications. Founded in 1978, TPC’s products serve a broad spectrum of industries including steel, utility, mining, automotive, food & beverage, government, oil & gas, nuclear, transportation and wood, pulp & paper markets. TPC’s products outperform and outlast ordinary cable and help reduce down time from lost production, replacement costs, maintenance, repair and administrative or regulatory challenges caused by
Abcodia has raised GBP5.25 million funding from existing and new investors to bring the world’s most sensitive and specific ovarian cancer screening test, ROCA to market.
The financing was co-led by Cambridge Innovation Capital (CIC) and Scottish Equity Partners (SEP), who join existing investors Albion Ventures and UCL Business. Dr Robert Tansley, from CIC and Jan Rutherford, from SEP have been appointed to Abcodia’s Board.
Dr Julie Barnes, Abcodia’s CEO, says: “The funding will allow Abcodia to launch the ROCA test in the UK this summer and US markets later in 2015. This is the first cancer screening test that
Independent fund, corporate and private client service provider JTC has been granted an extension to its licence to offer an enhanced level of fund servicing capabilities in the UK.
The amendment to JTC’s permissions by the FinancialJTC Will Cameron Conduct Authority (a ‘Variation of Part 4A Permission’) means that JTC is now authorised to act as an operator of unregulated collective investment schemes (UCIS) in the UK.
As well as enabling JTC to establish, operate and wind up such schemes, the authorisation means it can also take on various oversight responsibilities including ensuring schemes comply with all regulatory requirements and
In an extract from the recently launched 2015 Preqin Sovereign Wealth Fund Review, Lauren Mason, Amy Bensted and Oliver Senchal provide an insight into this secretive and exclusive subset of the investor community.
Sovereign wealth funds, despite being small in number and secretive in nature, continue to capture attention as a result of their ever growing assets under management and corresponding influence on global financial markets. Today, the total assets of sovereign wealth funds top USD6.31tn (Fig 1), more than double the capital these entities represented in 2008, the year Preqin launched its first Sovereign Wealth Fund Review.
Investing
The Irish Funds Industry Association (IFIA), the trade body representing the largest sector of the financial services industry in Ireland, has responded positively to the European Commission’s Green Paper on Capital Markets Union (CMU).
CMU is a project to build a genuine single market for capital in the EU by 2019. The CMU forms part of the Commission’s “growth and jobs” agenda with the aim of promoting investment in Europe’s economy and is not intended to be a regulatory driven initiative. The intention is to address Europe’s overreliance on bank credit by boosting investment via capital markets which should result
Propel Equity Partners, a private equity firm focused on investing and creating value in leading consumer brands, has acquired Buzz Bee Toys.
Buzz Bee Toys, a diverse line of active play toys, will join the ALEX BRANDS family of brands, which includes ALEX TOYS, POOF, SLINKY, SCIENTIFIC EXPLORER, IDEAL, ZOOB, BACKYARD SAFARI, ZILLIONZ, CITIBLOCS and SHRINKY DINKS.
The acquisition marks the eighth by Propel Equity Partners since August 2012 on behalf of the ALEX BRANDS family of brands.
“This acquisition is yet another step in our strategy of building ALEX BRANDS into a home of best-in-class brands in the toy
Poundworld Retail Ltd (“Poundworld” or the “Company”), a leading value variety retailer in the United Kingdom, today announced an agreement under which
Private investment firm TPG is to acquire a majority stake in Poundworld to support the founder-led Company as it enters the next chapter of its dynamic growth.
Founder and CEO Christopher Edwards Sr, Chief Procurement Officer Christopher Edwards Jr and other senior executives will retain a substantial minority equity position in the Company.
Founded in 1974, Poundworld is a leading player in the fast-growing UK value retail sector, serving over two million customers weekly from over 280 sites
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
