Allocations
Patron Capital Partners’ UK forecourt business, Motor Fuel Group (MFG), which is owned in partnership with Alasdaie Locke, has acquired 90 petrol filling stations from Shell for an undisclosed fee.
Of the 90 sites, 53 per cent are located in the South East of England, including 21 sites in London. This acquisition brings the total number of petrol filling stations that will be owned by MFG to 373, making it one of the largest independent fuel station operators in the UK. MFG was this week ranked No9 in The Sunday Times Profit Track 100 list that ranks private companies by
Credibility Capital, a marketplace lender focused on prime credit small business borrowers, has launched its online lending platform at www.CredibilityCapital.com.
New York-based company seeks to close a critical gap in small business lending, providing affordable financing solutions to businesses many of which are too small for traditional banks and are frequently pushed to more expensive financing solutions that are not commensurate with their credit profiles.
“We are filling a void in the small business financing landscape that took shape in 2008 with the pullback of bank lending,” says Brett Baris, President of Credibility Capital. “Because of our partnership model, we
SEI has launched SEI Firm Compliance, a new global regulatory management framework that equips investment organisations to oversee and orchestrate compliance functions firm-wide, across investment products and regulatory jurisdictions.
SEI’s Investment Manager Services (IMS) division developed the compliance framework as an add-on to the customised global operating platform it provides to its investment manager clients.
SEI’s offering takes a new approach in that it centralises an investment firm’s internal and outsourced compliance functions in a single management framework tailored to the user’s mix of business activities. SEI has incorporated the compliance framework into the Manager Dashboard of SEI’s global
Middlefield is to merge the Energy IndexPlus Dividend Fund into Middlefield Global Infrastructure Mutual Fund effective on or about 17 June, 2015, with Global Infrastructure Fund being the continuing fund.
Given the relative illiquidity of the Fund's units on the Toronto Stock Exchange ("TSX"), the Merger is expected to benefit the Fund's unitholders by providing an opportunity to hold units of Global Infrastructure Fund, a strong-performing mutual fund that offers daily redemptions at net asset value.
Completion of the Merger is expected to take place on or about 17 June, 2015, (the date of completion being the "Effective Date"), and
Ogier has advised Friends Life Group Limited, a London-listed Guernsey company, on its acquisition by Aviva, a deal which has created the UK's largest insurance, savings and asset management firm.
The combined group will have some 16 million UK customers – equivalent to about one in four households – and around GBP340 billion of assets under management. The GBP5.6 billion takeover of Friends Life is the largest insurance deal in the UK since the merger of CGU and Norwich Union in 2000, which created Aviva.
Ogier has been working with international law firm Linklaters LLP to bring the transaction
Newly formed investment group, DW3 Products Group (DW3), which is backed by private equity firm NorthEdge Capital, has acquired Window Widgets, and Eclectic Systems.
Window Widgets was founded in 2004 and has become the first port of call for key components for the window, door and conservatory sectors. Eclectic Systems is best known for developing the fast-growing, revolutionary Residence 9 (R9) window system. The two businesses have been acquired from Dan Gill, who will now take on the role of CEO of the DW3 Products Group Window Division and join the main DW3 Board.
The acquisitions bring the total
Law firm Howard Kennedy’s VCT team has advised on 27 offers in 2014/15 with a combined market value of GBP370m, which have so far raised GBP300m. Just 33 VCTs in total came to market in the 2014/15 tax year.
Keith Lassman, Partner and Head of Capital Markets at Howard Kennedy, says: “For the past 17 years we have led the market advising VCTs. This year we have advised on 27 of the 33 VCTs to come to market, representing over 80 per cent of the market. Howard Kennedy is the go to law firm and sponsor for VCTs.”
Howard Kennedy
HIG Europe (HIG) has acquired Fågelviksgruppen (FVG), a Nordic taxi services provider, which through its well-known and trusted brands and technology serves taxi firms in all the major cities in Sweden and Norway.
FVG has over 30 years built up a market leading position in all market segments – consumer, corporate and public contracts. It pioneered new technology such as apps and B2B process integration and expects to reach nearly SEK5,500 million turnover in the current financial year.
HIG will partner with the existing management team which will benefit from HIG’s operational, strategic and financial know-how as it continues to
Prosper Marketplace has secured a USD165 million Series D financing, led by Credit Suisse NEXT Investors, part of Credit Suisse Asset Management.
Additional participants included JP Morgan Asset Management, SunTrust Banks, a subsidiary of USAA, BBVA Ventures (BBVA’s representative office in San Francisco), Neuberger Berman Private Equity Funds, Passport Capital, Breyer Capital, and others. The latest funding will support the company’s continued growth, expansion, and development of a national brand as it builds new products and services for the marketplace’s borrowers and investors.
The funding comes on the heels of a record quarter, with nearly USD600 million in loans originated
Natixis has arranged a EUR350 million equity bridge financing transaction for funds managed by Antin Infrastructure Partners – the first transaction that is AIFMD compliant, in terms of leverage constraints.
The transaction provides the funds with a performance management tool, while complying with their debt constraint, managing capital calls from investors in an efficient and flexible manner by optimszing cash management.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
