Allocations
CTPartners Executive Search has signed a binding letter of intent to acquire Austrian-based Neumann, a leading executive search and leadership consulting firm.
The transaction includes offices in Germany, Austria and Switzerland as well as across Eastern Europe.
Neumann focuses on several key industries that complement CTPartners’ targeted practice areas including: Industrial, Consumer, Life Sciences, Technology, Professional Services and Financial Services. Neumann’s consultants will increase CTPartners’ presence in key German-speaking markets, including Europe’s largest and fastest growing economy, Germany.
“This transaction is consistent with our growth strategy to expand the CTP global footprint. Acquiring one of Europe’s leading executive
Ogier recently advised English entrepreneur and businessman Richard Caring on his GBP135m sale of the world famous Wentworth Club to China-based Reignwood Group.
Wentworth Club provides the headquarters for golf's PGA European Tour and hosts the annual BMW PGA Championship, making it one of the most desirable golfing locations in the world. It also played host to the 1953 Ryder Cup and, until 2007, the annual HSBC World Match Play Championship.
Caring, the owner of a range of prestigious clubs and restaurants across London which includes The Ivy, Scott's and Annabel's, purchased the celebrated venue in 2004 prior to
Solar power specialist SunEdison has signed a joint venture agreement with JIC Capital to finance, develop, construct and own up to 1 GW of utility-scale solar photovoltaic (PV) projects in China over the next three years.
The joint venture will focus on facilitating and structuring non-recourse financing for solar PV plants in one of the world's largest and most attractive solar markets. SunEdison, directly or through an affiliate, including a yieldco, may purchase the projects developed by the joint venture at fair market value.
"This historic joint venture is a great step forward for SunEdison," says Ahmad Chatila, president
Despite infrastructure fundraising showing signs of growth, achieving a successful fundraise is more difficult than ever in such a competitive market. Preqin examines which funds are more likely to achieve their target size and the key factors for fundraising success.
As Q3 2014 draws to a close, the unlisted infrastructure market appears to show slight signs of improvement, with the USD25bn raised by 26 funds reaching a final close this year so far exceeding the capital raised from Q1 to Q3 2013, when USD23bn was raised by 41 funds closing. Additionally, unlisted infrastructure funds are increasingly exceeding their target sizes,
AnaCap Financial Partners has completed the acquisition of EUR1.9 billion non-performing loans (NPLs) from Italian lender UniCredit Group.
Under the terms of the agreement, funds advised by AnaCap will acquire the portfolio.
The portfolio primarily consists of secured and unsecured bankruptcy and other enforcement claims. A significant portion of the portfolio will continue to be serviced by UniCredit Credit Management Bank, with the management of a portion of claims migrated to third parties. Investments completed with UniCredit in 2013 also paved the way for this transaction, establishing a strong partnership between the seller and incumbent servicing partner.
The latest
Vista Equity Partners, a private equity firm focused exclusively on investments in software, data and technology-enabled companies, has completed fundraising for Vista Equity Partners Fund V.
The fund closed at USD5.775 billion in limited partner commitments and was substantially oversubscribed.
This brings Vista's total cumulative capital commitments to over USD14 billion.
At USD5.775 billion, Fund V is Vista Equity Partners’ largest private equity fund to date.
“We are pleased by the tremendous demand for our flagship fund. The oversubscription is an acknowledgment of the Vista's strategy,” says Robert F Smith, founder, chairman and CEO of Vista Equity
Following industry debates that the leveraged buyout market has all but dried up, Preqin examines whether or not buyouts and, in particular, public-to private transactions are still attractive to the investment community.
In recent years, trillions of dollars have been spent on private equity-backed buyout deals and they remain the most favoured private equity strategy among investors and fund managers. Public-to-private transactions constitute a very small quantity of buyout deals, but have historically represented a disproportionately large amount of overall buyout value. This article will examine if there has been a shift in the overall private equity buyout landscape, and
Sand Oak Capital has partnered with Carl Marks & Co, a New York-based merchant bank, to acquire privately held industrial companies.
Sand Oak teams with existing ownership or management by investing USD10 million to USD50 million of equity and providing strategic and operational support to companies across the US with a particular focus on the US Rust Belt, the region spanning New York to Wisconsin.
“The US Rust Belt is an extremely attractive area for investment,” says Jeremy Schwimmer, partner at Sand Oak. “With a rise in families looking to transition business ownership combined with asset-heavy barriers to entry,
The value of global private equity deals targeting Africa has more than doubled (137 per cent) in the first half of 2014 compared to the same period last year, according to research by global law firm Freshfields Bruckhaus Deringer.
Global PE funds competed 15 deals collectively worth USD1.5bn in the period between 1 January and 30 June 2014, up from 10 deals totalling USD621m in the first half of 2013.
As a proportion of total African PE spend (83 per cent in 2014 H1) and deal volume (44 per cent in the same period), global PE firms are now
Carolon Capital and Red Rocks Capital are planning to launch a UCITS fund with an investment strategy focused on listed private equity.
The Red Rocks Global Private Equity UCITS Fund is targeted for launch in late 2014 or early 2015 subject to various regulatory approvals from the Central Bank of Ireland.
Through an open-ended structure, the fund will be organised as a sub-fund of a Dublin based corporate entity, Carolon Investment Funds plc, which will be a variable capital investment company. The authorisation of Carolon Investment is subject to regulatory approval.
Red Rocks will serve as the fund’s
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
