Managers
KKR is to back Roland Wessel, Colin Judd and Melvyn Horgan, founders and former management team of Star Energy, to launch Trans European Oil & Gas Limited.
Trans European Oil & Gas intends to build a portfolio of conventional onshore oil and gas properties in proven hydrocarbon plays in Europe, and apply its extensive experience in enhanced oil recovery (EOR) techniques to optimise production.
Established in 1999, Star Energy made several acquisitions of producing assets and successfully applied EOR techniques. Star Energy grew to encompass 25 producing oil and gas fields and a commissioned 10 bcf gas storage facility.
Guernsey’s financial services regulator approved 18 new investment funds during the second quarter of 2015, resulting in a total of 112 additions for the year ending 30 June 2015.
Figures from the Guernsey Financial Services Commission (GFSC) also show that the net asset value of all funds under management and administration in Guernsey fell by GBP2.3 billion (-1 per cent) during the second quarter to GBP219.9 billion. The value of deposits held by banks in Guernsey increased by GBP0.2 billion (0.2 per cent) during the same period to reach GBP83.6 billion; representing a rise of GBP6.1 billion (8 per cent)
Drawing on data compiled for the recently-released 2015 Preqin Alternative Assets Performance Monitor, Preqin has created league tables of hedge funds that have most consistently delivered strong, stable performance. The league tables do not seek in any way to endorse these funds, but rather to illustrate those that have performed the most consistently over the period June 2010 – June 2015. Seven top-level strategies are represented – Equity, Macro, Event Driven, Credit, Relative Value, Multi-Strategy, and CTA – with all of the top 10 equity strategies funds scoring over 90 out of 100 across all metrics.
To identify the
Palatine Private Equity has exited Playnation, a UK supplier of amusement and entertainment machines, selling its stake to the NOVOMATIC Group, one of the largest integrated conglomerates of the international gaming industry.
The Runcorn-based business, which currently employs over 700 staff, owns and operates 20,000 amusement and entertainment machines across over 1,700 sites in the UK. The firm partners with high profile names in the leisure sector across holiday parks, motorway services, bowling centres and airports, with clients including Bourne Leisure, Park Resorts, Parkdean, Moto, Welcome Break and Roadchef.
The company was established in 2013, following a management
Eaton Partners has served as the exclusive placement agent for Asian private equity firm ADV Partners (ADV) on its inaugural pan-Asia fund, ADV Opportunities Fund I, exceeding its target to reach USD545 million.
The fund is the fifth fundraising Eaton has closed this year in Asia, bringing the total amount raised for the region to more than USD3 billion. ADV was co-founded in 2013 by Brad Landes, Suresh Prabhala and Jianyi Zhu who worked together at Mount Kellett Capital and previously held senior management roles with the Asia principal investment platforms of JP Morgan and Goldman Sachs. The firm is
JTC has provided specialist administrative support to HarbourVest Global Private Equity (HVPE), a Guernsey-incorporated investment company, in its major move from listing on the Specialist Fund Market (SFM) to the Main Market of the London Stock Exchange (LSE).
Through its Guernsey and UK offices, JTC provided HVPE with a range of specialist company secretarial and administration services to facilitate the significant move, which now means that HVPE has achieved dual listings status by virtue of already being listed on the Euronext exchange in Amsterdam.
JTC has provided a comprehensive range of administration services to HVPE since its launch in
Media intelligence provider, iQ media, has secured USD9 million in Series B funding from leading growth equity firm, Edison Partners, to support continued rapid growth and product expansion.
Since releasing its flagship media intelligence platform in 2010, iQ media has grown from an organisation of 5 to 80+ media intelligence professionals. iQ media has also expanded its offering to include a first-to-market brand recognition and impact visualisation technology which captures and analyses 3,600 data points during each hour of television. As a result of these technology-driven product advancements, iQ media is uniquely positioned to break into evolving marketing technology landscape,
Glennmont Partners has completed the purchase of the Port Clarence Energy Project from ECO2 and Temporis Capital on behalf of its dedicated clean energy fund, Glennmont Clean Energy Fund Europe II, in a GBP160m deal.
The Port Clarence Energy Project will see a new biomass power generation plant built at Port Clarence, Stockton-on-Tees, providing 40 MW of CHP enabled renewable energy to the UK Energy market. The plant is expected to become operational in the first quarter of 2018.
The purchase and further construction of the Port Clarence Energy Project is being supported by debt arranged by Deutsche Bank
Nexxus Capital Private Equity Fund III has sold it sold its holding in Diagnósticos de México, Diamex (Olab), a diagnostic healthcare provider offering diagnostic imaging and clinical analysis through a network of 40 branches in Mexico.
Nexxus III invested in Olab when the Company had 22 units (12 regular, 2 mobile and 8 on-site sampling), while today Olab has almost doubled its network, operating 40 units (23 regular, 8 mobile and 9 on-site sampling). In addition, the administration of the Company focused on diversifying its revenues by focusing more in the retail sector as well as in the institutionalization of
Indian home healthcare company Portea Medical has secured USD37.5 million in a Series B funding round led by Accel. International Finance Corporation (IFC), a member of the World Bank Group; Qualcomm Ventures and Ventureast also participated in this round.
Portea will use the latest investment to fuel the company’s expansion in India where it currently operates across 24 cities and handles 60,000 visits in a month to patients’ homes. It will also utilize the funding to grow in other markets elsewhere in the region including in Malaysia where it already provides services in four cities.
Portea has more than
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
