Managers
Malta will benefit more than any other financial centre in Europe from Brexit, according to international asset management firm Managing Partners Group (MPG).
While Malta offers financial firms wishing to operate in the European Union several benefits, the alternatives all have serious flaws that make them comparatively less attractive, MPG says.
MPG’s capital markets team will be expanding on the company’s views at The Malta Solution – Ahead of the Curve seminar in London on 30 March.
Jeremy Leach (pictured), chief executive officer at MPG, says: “Malta will be the biggest beneficiary following Brexit. After London, it should
Independent Growth Finance (IGF), a commercial finance provider for SMEs, has provided a GBP2 million asset based lending line to Insite Contracts Ltd, a high-end office fit out and refurbishment company based in Scotland.
Based in the north of Glasgow, Insite has a client portfolio spanning the public, commercial fitout/refurbishment, industrial and retail markets.
Founded in 2004, Insite began its operations providing refurbishment and fit out services primarily within the office and healthcare sectors. Initial success saw the company introduce an additional maintenance/FM service for a number of its key clients, followed recently by the formation of a subsidiary company, Insite Cladding and Roofing Ltd. which also predominantly operates in the refurbishment sector effectively complimenting their existing services. Working
Brazilian investment manager Captalys has launched its first offshore fund with the support of Apex Fund Services as administrator.
Captalys has BRL1.5 billion in AUM and invests in Brazilian private credit.
The onshore fund has a six-year track-record (returning 20.2 per cent last year and 19.3 per cent in 2015) and started 2017 positively, gaining 1.7 per cent in January.
The recently launched offshore fund, Captalys Private Credit USD, is registered in the Cayman Islands and will operate a credit vehicle with a partial currency hedge to protect against the Brazilian real.
Running the new fund, which
Investec Growth & Acquisition Finance has provided USD12.1 million to support the US expansion of existing client James Grant Group, a management and professional services provider to clients including Ant & Dec, The Script and Davina McCall.
The funding package consists of term loans and acquisition facilities to support James Grant Group’s purchase of US talent management business Deckstar Artist Management.
Investec has been working with James Grant Group since 2014, when it backed the buyout of the business by European private equity firm Metric Capital. This latest transaction includes funding to support further acquisitions.
James Grant Group
NTR has closed two project debt facilities back-to-back in a matter of weeks with Nord/LB, totalling EUR50 million.
The debt facilities will be used to finance the construction of the Coollegrean wind farm, a 17 MW wind farm based in County Kerry, Republic of Ireland, and the Teevurcher wind farm, a 9 MW wind farm, located in County Meath, Republic of Ireland.
NTR’s chief financial officer, Marie Joyce (pictured), says: “NTR has had a longstanding and successful relationship with Nord/LB in financing our wind projects in the US and we are delighted to now transact with Nord in the
Private equity firm Beaubridge is leading a GBP2.5 million investment in Florismart, an online marketplace connecting florists throughout Europe.
Beaubridge has chosen CoInvestor to make this EIS investment opportunity available to investors to access directly and invest in online.
The Florismart platform is designed to allow florists to come together to create a competitive marketplace between suppliers resulting in greater product choice and improved prices for the florists with all their purchases delivered direct to their premises overnight. Savings can be as high as 20 per cent over the tradition supply model with flowers delivered direct from the grower
KKR and CDPQ have teamed with employees of USI Insurance Services to acquire the US insurance brokerage and consulting firm.
As partners with equal ownership, KKR and CDPQ will acquire USI from Onex Corporation and its affiliates in a transaction that values USI at USD4.3 billion.
With more than 4,400 professionals operating out of 140 local offices throughout the US, USI delivers property and casualty, employee benefits, personal risk and retirement solutions.
The investment will primarily be made through KKR and CDPQ’s core private equity partnership which includes funds from KKR’s balance sheet and from CDPQ’s pool of
Italian private equity firm Progressio SGR has sold its majority stake in the Duplomatic group, a Milan-headquartered provider of hydraulic components and systems.
In fewer than four years of Progressio ownership, Duplomatic increased both revenues and EBITDA by approximately 50 per cent each. The enterprise value at closing was EUR69 million.
Progressio acquired a majority (86 per cent) stake in Duplomatic Oleodinamica, the operating holding, in April 2013 from Axa Private Equity (the remaining 14 per cent was held by the management team). At the time of the acquisition, the group also held US company Continental Hydraulics, and had
HIG Bayside Capital (Bayside), the distressed debt and special situation affiliate of private equity firm HIG Capital, is to sell the Beauty Bell Chain (Bodybell) following a restructuring of the company’s operations, to Douglas, a European retailer in the selective beauty market.
Bodybell, founded in the 1970s, is a distributor of perfumery and household products in Spain. The company’s product range comprises selective and mass-market beauty as well as personal and home care products.
Bayside acquired control of Bodybell through a complex financial restructuring that resulted in a debt-for-equity swap in 2015. Bayside also underwrote a new money facility
TTV Capital has held the final close of TTV Fund IV at USD93 million, well over two times the size of Fund III.
TTV added several new limited partners, including a sovereign wealth fund, endowments, foundations, family offices, Invest Georgia, and strategic investors.
“The TTV team is thrilled to have Fund IV fund raising wrapped up so we can focus all of our attention on building out the rest of the portfolio and helping all of our companies achieve notable revenue growth and scale,” says Gardiner Garrard, co-founder and a managing partner of TTV.
To date the fund
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
