Managers
Societe Generale Securities Services (SGSS) in Luxembourg has been mandated by Athena Capital to provide a full suite of custody, administration, valuation and registrar services for its alternative investment fund range.
SGSS has been selected in recognition of its alternative investment fund expertise and competitive offering, as well as for its innovative regulatory reporting services. The AIFMD reporting package, “R303”, offers alternative fund managers three different modular options to produce the required regulatory reports and assists in filing them with the local regulator. This overall offering allows Athena Capital to concentrate on its core investment activities whilst ensuring the company
Clearsight Advisors has served as the exclusive strategic and financial advisor to LRA Worldwide (LRA) on its acquisition by Deloitte & Touche.
The transaction underscores Clearsight’s unrivaled position as the advisor of choice for leading companies in the consulting and outsourced services sectors as well as its depth of domain expertise across the complex customer experience ecosystem, where technology, services and data are rapidly converging.
LRA Worldwide is the leading global provider of Customer Experience Measurement services for multinational companies with complex customer interactions. For over 30 years, LRA’s innovative brand standards examinations, quality assurance inspections, mystery shopping programs, research,
Allegion is to acquire, through its subsidiary Allegion Luxembourg Holding & Financing, SimonsVoss Technologies, a German-based electronic lock company, from HgCapital for EUR210 million.
Global middle market investment bank Baird acted as the exclusive financial advisor to SimonsVoss Technologies and HgCapital on the transaction, which is subject to regulatory approvals. Baird’s international deal team involved senior bankers in both the Europe and the US and included Michael Wolff, Sven Harmsen, Joel Cohen, Chris Cooper, and David Silver.
Frankfurt-based Managing Director Wolff, says: “this deal is highly complementary and will enable both sides to penetrate markets and geographies, creating global
In this issue, we present the Lyxor platform’s direct exposure to Greek assets, as well as the Lyxor hedge fund strategies exposures to European assets – most likely to be impacted by a spillover effect, either way.
Six Degrees Group (6DG”) is to acquire Capital Support Group (CSG), a cloud, software and security managed services provider with a significant presence in the financial services sector in London.
In 2014, CSG delivered GBP14m revenue, up 35 per cent on the previous year, and GBP2.5m of ebitda.
CSG is one of the largest providers of cloud and IT services to the alternative investment market sector in Europe and their clients have over USD500 billion of assets under management, powered by CSG’s hosting services. They have 130 employees who support 170 customers and their services span design, build, deploy
Lending Works, the first peer-to-peer lender to have insurance against borrower default risks including illness and loss of employment, has enjoyed a record first half to 2015.
Since its launch 18 months ago, Lending Works has lent over GBP10 million to thousands of borrowers around the UK. More than half of this was lent in the first six months of 2015 alone and the number of new lenders joining the platform since January was greater than the total lending community that joined in 2014. Such growth demonstrates a surge in interest and commitment from lenders to use the Lending Works
Kirkland & Ellis advised Palatine Private Equity on the recent closing of Palatine Private Equity Fund III. The fund was oversubscribed and held a first and final closing at its hard cap with aggregate capital commitments of GBP220 million.
The fund, which will make investments in the UK regional lower mid-market, accepted commitments from a broad mix of global institutional investors, including endowments, foundations, insurance companies, family offices and fund of funds. More information on the fundraise is available here.
Kirkland has one of the largest and most experienced sponsor-side private funds practices in the world with more than
Private equity fund Evolution Capital Partners has accepted Star Mountain Capital as a strategic limited partner in Evolution Investments II LLC.
Star Mountain is a New York City-based asset management firm with a small/medium-sized private business focus and a unique strategic partnership approach to investing in private equity and private credit fund managers.
Jeffrey Kadlic, Co-Founder and Managing Partner of Evolution, says: "We are thrilled to have Star Mountain Capital as not just a limited partner but as a strategic partner with tremendous resources in their network that can be brought to bear as we deliver value to
New Mountain Capital has closed its previously announced acquisition of Zep in a transaction valued at approximately USD692 million. The execution of a definitive merger agreement outlining the terms of the transaction was initially announced on 8 April, 2015.
Zep’s stockholders approved the acquisition on Thursday, 25 June, 2015. As a result of the merger, each outstanding share of Zep common stock was converted into the right to receive USD20.05 per share in cash. Zep common stock (ZEP) ceased trading on the New York Stock Exchange at the opening of market today.
Headquartered in Atlanta, Zep is a leading manufacturer
Oakley Capital Investments Limited is to dispose of Verivox to ProSiebenSat.1 (P7S1), for an initial cash consideration of EUR200 million with further consideration of up to EUR50 million dependent on Verivox’s financial performance in 2015.
OCIL will continue to hold a minority interest in Verivox, through its commitment to Fund II, as will Verivox's founders. P7S1's holding in Verivox will be 80 per cent following completion of the transaction.
The transaction is expected to generate a 15x gross money multiple for Fund I, with an IRR of 73 per cent, based on a company value of EUR200 million, increasing
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
