Managers
US Capital Advisors (USCA) has formally launched its third division, USCA Asset Management. The firm has simultaneously launched its flagship energy investment vehicle, the USCA Private Energy Credit Fund, which will provide direct loans and other bespoke credit solutions to higher quality, lower middle market-sized private energy companies in need of growth capital.
Paul Tice joins USCA as a Senior Managing Director and Head of the Energy Capital Group at USCA Asset Management. Tice will be overseeing the firm's private energy fund business and will be the manager of the firm's new Private Energy Credit Fund. Tice will report directly
Tenable Network Security has raised USD250 million in a series B funding round led by Insight Venture Partners and Accel.
The investment, which is subject to customary closing adjustments, marks one of the largest fundraising rounds completed for a private security company and is expected to accelerate Tenable’s long-term global growth. Today’s funding marks USD300 million in capital raised to-date, following Accel’s USD50 million Series A investment in September 2012.
“Tenable has the only true continuous network monitoring offering on the market and our products defend some of the world’s largest and most complex networks, keeping our customers secure in
LA_based private equity fund Balmoral Funds has acquired Enesco, a designer, developer, and distributor of consumer products to a wide variety of specialty card and gift retailers, home décor boutiques, as well as national retail chains and direct- to-consumer retailers.
“We are excited to welcome Enesco to the Balmoral Fund family of consumer product companies,” says Jonathan Victor, Senior Managing Director at Balmoral. “The Company’s portfolio includes highly recognized company-owned brands, such as Gund, Department 56, Our Name is Mud, and Gregg Gift, as well as iconic licensed brands like Jim Shore, Disney, Britto, and Peanuts.”
Balmoral Funds also announced
Carey Olsen has advised Gravis Capital Partners on the initial public offering (IPO) of a new GBP100 million Jersey fund, Project Finance Investments Ltd, which is now listed on the main market of the London Stock Exchange.
The company’s project finance investments will be largely UK-based, medium-to-long-term fixed or floating rate loans secured against cash flows and/or physical assets; its objective is to generate attractive risk-adjusted returns primarily through regular, growing distributions and modest capital appreciation over the long term.
Carey Olsen partner Robert Milner (pictured) says the IPO and listing on the London Stock Exchange (LSE) main market
Stifel Financial Corp is to acquire Eaton Partners, an independent, partner-owned hedge fund and private equity fund placement and advisory firm.
Eaton's extensive relationships with private equity firms, hedge funds, high net worth family offices, and institutional investors is a growth opportunity for Stifel to leverage both its investment banking platform and its high net worth private client business, which will include the previously announced Barclays Wealth Americas business upon closing in the fourth quarter of 2015.
Eaton has over 60 employees across six offices and relationships with over 4,000 of the largest active institutional investors. Since Eaton's inception
Solar Capital has chosen Ultimus Fund Solutions to provide fund accounting support for the firm’s Business Development Companies (BDCs) as well as middle and back office support for its growing Separately Managed Accounts (SMA) business.
Solar will utilise Ultimus’ experience and technology to add efficiencies to the firm’s fund accounting and reporting for complex investment classes, including middle market senior secured loans.
Under the terms of the agreement, Ultimus will provide fund accounting for Solar Capital’s funds, including certain processing services related to bank debt investing. Ultimus will also provide fund accounting and other middle office services to support
Illuminate Financial Management has closed the first round of capital raising for its new IFM Fintech Opportunities Fund, co-led by financial information services provider Markit and Deutsche Börse Group to further invest in the most promising early stage fintech companies.
“We are delighted to announce the first close of the Illuminate Fintech Opportunities Fund,” says Mark Beeston, Managing Partner and Founder of Illuminate Financial Management. “Markit and Deutsche Börse are global fintech leaders whose clients will benefit from the technology firms Illuminate is already backing. We are pleased to have them both as lead investors.”
“Investing with Illuminate gives
Carey Olsen's Guernsey corporate team has advised on the successful initial public offering (IPO) of Axiom European Financial Debt Fund Limited and its admission to trading on the Specialist Fund Market of the London Stock Exchange.
The fund raised approximately GBP50.7 million and included a placing programme to issue up to 500 million shares.
The new Guernsey fund will invest in a diversified portfolio of regulatory capital financial investments issued by European financial institutions.
Carey Olsen's Guernsey corporate practice advised on the Guernsey aspects of the IPO alongside Berwin Leighton Paisner. Liberum Capital Limited is the fund's sole
A global study of 100 senior executives at life sciences companies by global law firm Reed Smith, in partnership with Mergermarket, reveals that 94 per cent are planning to make an acquisition in the next year.
A further 87 per cent are expecting these to be cross-border transactions.
The report, Life lines: Life sciences M&A and the rise of personalised medicine, explores the main drivers behind the pursuit of cross-border life sciences deals, the challenges faced in executing those deals, and how advances in personalised medicine may change the face of the industry.
The first six months of
Palamon Capital Partners has acquired a majority stake in The Rug Company from its founders Christopher and Suzanne Sharp, who will continue to hold a significant stake in the Company, and minority shareholder Piper.
The terms of the transaction have not been disclosed.
The Rug Company is a global brand in luxury handmade rugs with an established international sales presence through 10 own showrooms and a number of franchisees and concessions worldwide, generating sales of GBP23 million. Founded in 1997 by husband and wife team Christopher and Suzanne Sharp, the Company sells a range of more than 300 high-quality,
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
