Managers
Singapore Exchange (SGX) today welcomed the listing of the Astrea IV private equity (PE) Class A-1 bonds issued by Azalea Group, an indirect wholly owned subsidiary of Temasek Holdings. The issuance marks the first such structure in Singapore for retail investors to subscribe to PE bonds.
There are three tranches of the Astrea IV PE bonds – Class A-1, Class A-2 and Class B. The Class A-1 bonds, which have a total size of SGD242 million and an annual interest rate of 4.35 per cent, are listed on the SGX-ST Mainboard. The public offer tranche of the Class A-1 bonds was
The State Street Global Exchange Private Equity Index (GXPEI) ended the fourth quarter of 2017 with a continued strong performance by way of a 4.78 per cent total gain. Buyout Funds lead private equity strategies in gains with 5.23 per cent for the quarter.
The PEI is based on directly-sourced limited partnership data and represents more than USD2.7 trillion in private equity investments, with more than 2,800 unique private equity partnerships, as of December 31 2017.
Buyout funds have now led in gains among the three main private equity strategies (Buyout, Venture Capital and Private Debt) for eight consecutive
NEP Group, an outsourced technical production partner supporting content producers of live sports and entertainment, has completed its acquisition of Telerecord, an Italy-based provider of outside broadcast solutions.
Telerecord, a local industry leader with strong client relationships, covers popular sporting events in Italy and throughout Southern Europe including football, ice hockey and bobsleigh. The deal further diversifies NEP’s business and expands its reach in Europe by adding additional local resources and talent.
As part of the deal, all Telerecord staff members will join NEP. Telerecord will be rebranded as NEP and will be part of NEP Italy, which is
Middle market investment bank Harris Williams & Co is advising Hg on its pending acquisition of IT Relation, a Danish supplier of managed IT services to small and medium sized enterprises (SMEs).
The transaction is being led by Thierry Monjauze and Sylvain Noblet of Harris Williams & Co.’s Technology, Media & Telecom (TMT) Group and Danielius Uznys of the firm’s London office.
“It was a pleasure to act for Hg on another IT services transaction,” says Thierry Monjauze, a managing director at Harris Williams & Co. “The team at IT Relation has built an exceptional business that has firmly
Law firm Paul Hastings has advised CDH Genetech (CDH), part of the CDH Investments group, on its agreement to acquire Australian-based medical device company Sirtex Medical (Sirtex) for AUD33.60 per share in cash through a Scheme of Arrangement.
CDH is transacting the deal in conjunction with Hong Kong-listed China Grand Pharmaceutical and Healthcare Holdings Limited (CGP). On a fully diluted basis, the CDH-CGP Scheme represents a total equity purchase price for Sirtex of approximately USD1.4 billion. Lazard is acting as sole financial advisor to CDH.
CDH is a dedicated alternative asset fund manager with approximately USD20 billion of assets
Oak Hill Capital Partners (Oak Hill) has led a transaction to recapitalise VetCor Group Holdings Corp (VetCor) alongside significant new investment from existing shareholders Harvest Partners, Cressey & Company and the VetCor management team. Terms of the transaction have not been disclosed.
VetCor is one of the largest operators of veterinary hospitals in the US, managing 272 locations across 28 states and employing approximately 900 veterinarians. VetCor hospitals provide a full range of general medical and surgical services for pets, as well as pharmacy needs and ancillary services such as boarding, grooming, and pet products. The management team of VetCor,
Telemos Capital (Telemos) has completed its acquisition of a majority stake in Lovehoney, a leading online retailer of sexual happiness products.
The transaction is Telemos’ first investment in the UK. Financial details have not been disclosed.
Established in Bath in 2002 by Richard Longhurst and Neal Slateford, Lovehoney is a market-leading pure e-commerce retailer, focusing on women and couples.
Selling a mix of own label and third-party products Lovehoney has grown into an international success, delivering record sales in the region of GBP100 million for the year ended 31 March, 2018.
Some 60 per cent of sales
Private equity firm Rcapital has completed a hat-trick of deals across its investment portfolio, including the sale of Cluttons’ Middle East business based in Dubai to Savills.
Rcapital bought the property consultancy in May 2017 and the sale concludes a key step in the growth strategy for Cluttons in the UK which will continue to focus on both the commercial and residential markets.
Rcapital has also sold Coaching Academy which has been in the portfolio since November 2007 and is the longest established coach training organisation in Europe. It offers a range of externally accredited professional qualifications in Life
Healios, a digital therapy company for mental health, has raised GBP2.2 million (USD3 million) in its latest funding round, led by investors Albion Capital and Spice Capital.
Founded in 2013, Healios empowers young patients and families affected by mental illness and neurodevelopmental conditions through combining the use of technology with specialised clinician expertise and evidence-based clinical tools. Utilising its unique digital platform, Healios enables the efficient delivery of family-centric care, delivering a revolutionary interactive experience across multiple family members. Its technology-driven approach increases both access to and engagement with therapy and enhancing the quality of care and outcomes for its
Maranon Capital has acted as agent for a senior credit facility to support Falfurrias Capital Partners’ acquisition of Tax Guard.
Headquartered in Boulder, Colorado, Tax Guard is the leading provider of proprietary data and services that help lenders accurately assess tax-related credit risk associated with potential borrowers.
Tax Guard is the first company in the US to give lenders real-time insights into a client’s hidden tax liabilities, information typically not available to lenders unless and until the IRS files a tax lien.
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
