Managers
DP World and the Russian Direct Investment Fund (RDIF) have launched a new joint venture company targeting ports, transportation and logistics infrastructure in Russia.
Sultan Ahmed Bin Sulayem, DP World Chairman and Kirill Dmitriev, Russian Direct Investment Fund CEO, have signed a document determining the key terms and principles of the joint venture in which DP World will own an 80 per cent shareholding with the remaining 20 per cent held by RDIF.
Under the name ‘DP World Russia’, the company will target marine, dry ports and logistics infrastructure in different parts of Russia.
‘DP World Russia’ is
Maslow Capital (Maslow), a provider of development finance in the UK, and TPG Special Situations Partners (TSSP), the dedicated credit and special situations platform of TPG , have formed a joint venture to leverage their collective expertise in the real estate lending sector.
The relationship will bring together the regional expertise, relationships and deal origination capabilities of Maslow and the global strength and resources of TSSP’s investment platform.
Maslow, established in 2009, is a leader in the UK residential property development finance market, providing Senior Stretch and Mezzanine Finance to experienced developers. TSSP has extensive experience with global public
Baltic region private equity and venture capital investor BaltCap has exited its investment in a the 18MW Tuuleenergia wind farm in Estonia and the 24MW Eurakras wind farm in Lithuania. These wind farms were acquired by Lietuvos energija, the Lithuanian state-owned energy group.
“BaltCap has always believed in the future of green energy and the wind farm investments matched well our investment criteria,” says Peeter Saks, Managing Partner of BaltCap. “As a private equity investor, our task was to be engaged in these projects during the development phase which was successfully completed in 2015 when both wind farms were commissioned.
For the third year in a row, Baird has posted record results for its Global Investment Banking business.
During 2015 Baird generated record revenues following previous record revenue years of 2013 and 2014, set new firm records in virtually every M&A advisory category – total revenue, number of closed deals, number of closed sell-side deals, total transaction volume and average fee per deal – and, increased debt advisory activity by 70 per cent with unique embedded leverage process.
With an increasing focus on growth sectors, over half of Baird’s 2015 capital raising activity was in Healthcare, Consumer and Technology
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has reported rapid growth throughout 2015, including the expansion of its US market footprint into key geographies, and new strategic partnerships.
Continued demand for Abacus’s managed cloud service offerings has produced in excess of 50 per cent annual year-over-year growth, leading the company to expand its presence into several key geographies including Los Angeles, Dallas, and Charlotte, and most recently Boston. These new locations are dedicated to improving and providing support for Abacus’s private cloud products and services that hedge fund and private equity firms,
The 2016 Private Equity & Venture Capital Compensation Report shows that slower industry activity is reflecting in private equity and venture capital pay.
Although 65 per cent of professionals reported an increase in expected salaries and bonuses, the growth in cash compensation has slowed. This year's average compensation for private equity and venture capital professionals was USD272,000 USD, a slight decrease from last year.
This marks the second consecutive year of diminished correlation between bonus pay and firm performance. Respondents working in firms that were down 10 per cent or more, report anticipated bonuses averaging USD43,000 USD. This disconnect
Neuberger Berman’s third global private equity co-investment fund has closed at its hard cap of USD1.5 billion. The target of NB Strategic Co-Investment Partners III (NBCIP III) was USD1.25 billion.
NBCIP III seeks to achieve strong risk-adjusted returns by investing directly into attractive deals alongside high-quality private equity firms in their core areas of expertise. It seeks to build a diversified portfolio of strategic co-investments primarily in buyouts and growth financings on a global basis across multiple industries.
NBCIP III is managed by six senior professionals with significant experience and a proven track record in private equity as co-investors.
Neonet, an independent agency broker and execution specialist, has joined Merkur Market, a multilateral trading facility operated by Oslo Børs.
Merkur Market’s rules and regulations are less onerous than for companies listed on Oslo Børs and Oslo Axess. Whilst Merkur Market is not a regulated market, it uses the Oslo Børs trading system, ensuring an orderly market with transparent order book trading. Market surveillance is carried out in the same way as for trading on Oslo Børs and Oslo Axess.
“As an independent execution specialist, it is essential for us to offer comprehensive access to a range of liquidity
LendUp has raised USD150 million in a combination of Series B round financing and an expanded credit facility. The round will allow for the expansion of LendUp's team and platform.
Led by Susa Ventures and Data Collective, the round included participation from almost all of the company's major investors including Google Ventures, QED, Kapor Capital, Yuri Milner, SV Angel, Eagle Cliff, Bronze Investments and Victory Park Capital. In addition, Victory Park also provided a second credit facility to support new product growth.
“Over the last two years we've been growing rapidly by increasing the number of US states where
Fluid Delivery Solutions (FDS), a provider of oilfield water management services in the Permian, Eagle Ford, Marcellus and Utica basins, has acquired Water Transfer, a water transfer and equipment rental business focused on the Permian Basin.
Based in Midland, Texas, Water Transfer works with top tier operators to deliver cost effective water transfer and equipment rental services. Founded in 2013, Water Transfer has developed a reputation for safety and reliability by delivering superior customer service throughout the Permian Basin.
“We are thrilled to lock arms with the Water Transfer team and are excited to welcome them to the FDS
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
