Managers
Genstar Capital has partnered with existing management to acquire Institutional Shareholder Services (ISS), from Vestar Capital Partners for USD720 million.
The transaction is expected to close by early fourth quarter, subject to customary closing conditions. ISS will continue to operate independently once the transaction is completed and the current ISS executive leadership team will remain in place.
“The ISS leadership team and I are extremely pleased to partner and collaborate with Genstar, whose deep experience and successful track record working with industry-leading firms such as ours, will help us further accelerate the growth of our product and service offerings
Noerr has advised the US group HB Fuller, a manufacturer of industrial adhesives, on the strategic acquisition of competitor Royal Adhesives & Sealants in a USD1.58 billion deal.
The seller is the private equity company American Securities LLC.
The acquisition promotes HB Fuller’s continued focus on technical adhesives and other highly specialised market segments. Once the transaction is completed, combined revenue will be around USD2.9 billion. HB Fuller alone had 2016 revenue of approximately USD2.1 billion.
The Noerr team, led by London partners Dr Thomas Schulz and Robert Korndörfer, advised H.B Fuller on the aspects of the transaction
Private equity firm Vance Street Capital has partnered with management to acquire RST Instruments (RST), a provider of complex geotechnical instrumentation and data systems, from Hammond, Kennedy, Whitney & Company.
Founded in 1977 and headquartered in Maple Ridge, British Columbia, RST designs and manufactures highly-engineered geotechnical instrumentation and data systems for applications where structural integrity must be assured. End use applications for RST’s products include critical structures such as bridges, hydroelectric dams, mines, railroads, airports, tailings dams, tunnels and highways.
RST’s products monitor, measure, log and transmit readings of geotechnical properties such as inclination, pressure, displacement and temperature so
Preqin’s latest survey of alternative assets investors finds that they have generally been satisfied with the performance of their portfolios in recent years, and most are seeking to maintain or increase their allocations over the next 12 months.
However, across all closed-end private capital asset classes, investors reported high pricing as a key challenge facing the industry, with deal flow also a prominent concern.
Regarding hedge funds, investors reported performance and fees as key issues facing the industry. As dry powder has reached record highs across the private capital industry, and the number of funds seeking investment has risen,
Cove Hill Partners, a newly formed private equity firm, has closed on its first long-duration private equity fund with over USD1 billion of commitments from investors and founders.
Cove Hill’s first fund significantly exceeded its target with the support of a highly-aligned investor base comprised of families, university endowments and charitable foundations who will invest alongside the founders’ personal capital. Cove Hill focuses on partnering with outstanding management teams to build market-leading consumer and technology companies.
Launched earlier this year, Cove Hill was founded by seasoned technology and consumer private equity investor, Andrew Balson. A 17-year veteran of Bain
East African agribusiness Agilis Partners (Agilis) has completed the acquisition of the Joseph Initiative by buying the stakes of multiple minority shareholders including Dutch Oak Tree Foundation’s (DOTF) shares.
DOB Equity acted for and on behalf of DOTF. Agilis will implement a new capital structure and increase collaboration between JI and other Agilis investments, which will enhance the company’s growth prospects, financing opportunities and profitability.
JI is a leading grain management and merchandising group founded in January 2013. JI has built a network of grain collection, primary processing and storage infrastructure across Western Uganda. DOTF, an impact investor, financed
How UMB Fund Services is utilising proprietary technology to expand its service offering and customisation support to private equity managers…
With private equity enjoying a surge in interest among institutional investors, keen to seek out longer-term yield away from traditional asset classes, the opportunities for fund administrators to provide outsourced services are compelling. And as regulation increases in complexity, in tandem with massive improvements in technology, the appeal of outsourcing to an independent third party continues to grow.
The number of PE funds being offered directly to institutions, or indirectly through intermediaries on behalf of high net worth individuals, is
Mobeus is planning to raise up to GBP80 million across four of its VCTs. Its the first time the company has looked to raise money since 2015 and may be the last for the next three years, according to the manager.
The new offer comes in a year which is expected to see up to GBP1 billion raised in VCTs – nearly double last tax year’s record raise of GBP542 million.
Mobeus paid a total of 311.5p per share across the four VCTs (since 2012 to June 2017), an average of 12.97p per share per VCT per year, which
The Russian Direct Investment Fund (RDIF) and Japan Bank for International Cooperation (JBIC) have launched the Russia-Japan Investment Fund (RJIF), to jointly pursue and implement attractive investment projects to promote economic, trade and investment cooperation between Japan and Russia.
The process of formalising the fund’s establishment is complete and the investment team have already begun a detailed analysis of priority projects. Currently, the deal pipeline extends to various industries such as healthcare, chemicals, metals and services. Several deals are due to be finalised in the near future.
The Memorandum of Understanding (MoU) between RDIF and JBIC, in which each
Private equity firm Auxo Investment Partners has completed its first deals with the acquisitions of Atlas Die and Bernal, two specialists in the die manufacturing industry. Terms of the transactions have not been disclosed.
Atlas Die, based in Elkhart, Indiana, was founded in 1952 by S Ray Miller in his basement. The company went on to develop and introduce laser technology into the die making process and later developed unique flexible rotary die making capabilities. Atlas Die continues to provide solutions for complex cutting needs in the consumer products, packaging, food and beverage, medical and pharmaceutical industries. The company has
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
