Managers
The publication of this Guide comes as shockwaves from the UK's decision to withdraw from EU membership continue to reverberate across the world, raising several challenges for UK-based asset managers distributing across the EU.
As Bobby Johal, Managing Consultant, Cordium, notes: "UCITS funds will still be distributed across Europe, but not in quite so straightforward a manner as is the case presently. UK UCITS will lose their status (under the UCITS directive) and most likely become alternative investment funds (AIFs). If we assume the UK is to be a `third country' (the so-called WTO option: a big assumption, subject to
Global law firm White & Case has advised Avast Software on its agreement to acquire New York Stock Exchange-listed AVG Technologies, a developer of business, mobile and PC device security software applications, for a total consideration of USD1.3 billion.
“White & Case has forged a close relationship with Avast in recent years by advising on a number of key transactions, including the initial private equity investment by Summit Partners in 2010 and the minority investment by CVC Capital Partners in 2014,” says White & Case partner Ian Bagshaw, who led the firm’s deal team. “Advising on this exciting acquisition is
France-based SME lending marketplace Lendix has received its formal CNMV accreditation to operate as a P2P lending platform in Spain.
In April 2016, Lendix completed a Series B financing round of EUR12 million led by major institutional investors including CNP Assurances, with the objective to become a leading Continental Europe actor of P2P SME financing with major ambitions in France, Italy and Spain.
The Spanish entity will be the first Lendix international market to open. It will target financing of credits to SME, for amounts ranging from EUR30,000 to EUR2 million, duration of 18 to 60 months and at
Black Swan Data has closed its Series B funding, raising a total of GBP6.2 million. The round sees Albion Ventures join initial institutional investors Blackstone and Mitsui, to help further accelerate Black Swan’s international growth and expansion of its product platform, ‘The Nest’.
Founded in 2011 by Steve King (CEO) and Hugo Amos (CSO), Black Swan has achieved outstanding growth based on its unique capability of applying big data and predictive data science techniques to consumer marketing.
It works with many of the world's leading consumer-focused brands including PepsiCo, Vodafone, Samsung, Disney and Panasonic, to help them think differently
Less than a year after the creation of its buy-and-build platform, Alliance Etiquettes has acquired Imprimerie D3, its fourth build-up acquisition.
Founded in 1987, Imprimerie D3 is located in Cépie, in the Languedoc-Roussillon Midi-Pyrénées region, in the department of Aude.
Led by Anthony Gleize, the company has 16 professionals.
Imprimerie D3 joins the Alliance Etiquettes Group, chaired by Olivier Laulan and hitherto composed of Groupe Laulan, Groupe Enes and Maumy Impression.
Laulan says: "We are delighted to welcome the Imprimerie D3 team to the Alliance Etiquettes Group thereby strengthening our presence in this important French wine region.
HIG Bayside Capital, the distressed debt and special situation affiliate of private equity firm HIG Capital (HIG), has closed the HIG Bayside Loan Opportunity Fund IV with aggregate capital commitments of USD1.1 billion, exceeding its USD1.0 billion target.
The fund will continue HIG’s investment strategy of focusing on investments in small-cap special situation credit opportunities in the US.
Sami Mnaymneh (pictured) and Tony Tamer, co-chief executives of HIG, say: “We are grateful for the support from our investors for this offering. The strong response to the fund reflects their confidence in the capability of our team and our differentiated
Legal & General Capital, through LGV Capital, has agreed terms to sell its majority interest in The Liberation Group to Caledonia Investments in a transaction valuing the company at GBP118 million.
Liberation is held principally on behalf of the with-profits fund for customers.
Completion is expected over the course of the summer, and Caledonia is backing the existing management team.
Legal & General Capital focuses its investments in four key sectors: UK housing, UK urban regeneration, clean energy and SME finance. These reflect its aim to invest for the long term in economically and socially useful assets, securing
Asset International, which is backed by private equity firm Genstar Capital, has closed its acquisition of Market Metrics and Matrix Solutions, data and research firms for adviser-sold investments and insurance worldwide.
The acquisition broadens Asset International’s portfolio of proprietary, actionable data, insights and business intelligence. Through this acquisition, Asset International is now the one-stop shop for data and insights supporting product innovation, manufacturing, sales and distribution for the asset management and insurance communities, as well as providing market surveillance solutions and marketing channels for this community.
The Market Metrics and Matrix Solutions acquisition expands Asset International’s deep proprietary asset
Apricus Biosciences has entered into a common stock purchase agreement with Aspire Capital Fund.
Aspire Capital will complete an initial purchase of 2,531,645 shares of common stock for proceeds of USD1.0 million and has committed to purchase up to USD6.0 million in additional shares of common stock over the next 24 months at prices based on the market price at the time of each sale.
No warrants are associated with this agreement.
"This agreement with Aspire Capital will enable Apricus to sell shares from time-to-time on market-based terms to a committed, long-time investor," says Richard Pascoe, CEO
Chicago-based private equity firm NextGen Growth Partners (NGP) has held the first closing of its inaugural fund.
The goal of the first close is to create a solid base for the firm’s entrepreneurs-in-residence (EIR) to begin targeting industries, sourcing and acquiring companies in the lower middle market.
Founded in early 2016, NGP pins its early success on the collaboration between some of Chicago’s most distinguished investment minds. NGP’s business model is to identify and mentor top talent within Chicago’s world-class entrepreneurial community to serve as the leaders of growing lower middle market companies across the country post-acquisition.
NGP
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
