Managers
Plutos Sama has completed the acquisition of The Fisher Law Group, a default law firm practicing in Maryland and the District of Columbia.
Plutos Sama is a vertically integrated holding company, providing its clients with the legal resources needed to develop across a variety of sectors, asset classes and regions around the globe. Included among its holdings are BP Law Group, LLP, a creditors' rights law firm with a network of offices throughout the country, and Wilson & Associates, PLLC, a foreclosure law firm primarily serving Arkansas and Tennessee. The acquisition further solidifies Plutos Sama’s representation in more than 18
Neuberger Berman is to acquire the management rights to certain Merrill Lynch traditional non-registered and 40-Act-registered private equity fund of funds.
Merrill Lynch selected Neuberger Berman following an extensive due diligence process focused on private equity investment expertise, 40-Act capabilities and dedication to client service. Key private equity professionals from Merrill Lynch will be joining Neuberger Berman concurrent with the transaction.
Anthony Tutrone, Global Head of Alternatives at Neuberger Berman, says: "We are delighted to add these Merrill Lynch funds and team members to our growing platform of traditional and registered alternative investments. This transaction provides an exciting opportunity to
Future economic growth and development in Asia is inextricably tied to the funding of infrastructure projects on the continent at present. In this extract from Preqin Infrastructure Spotlight – June 2015, Oliver Senchal examines the current state of the Asian infrastructure market, detailing fundraising, fund managers, investors and deals in the region.
Unlisted infrastructure fundraising
The unlisted infrastructure market in Asia remains a difficult place to raise capital; only six funds closed last year raising an aggregate USD2.7 billion and only three vehicles have held a final close so far this year (Fig 1). At this rate, 2015 is
European private equity firm Cinven is to acquire a majority stake in the synlab Group, a German headquartered provider of human and veterinary laboratory services and environmental analysis across Europe.
This transaction follows Cinven’s acquisition in May of Labco, one of the largest European operators of medical diagnostics laboratories, headquartered in France, for an enterprise value of EUR1.2 billion.
synlab, headquartered in Augsburg, in Bavaria, Germany, has operations in 23 European countries. The Group has a proven track record of identifying and executing buy and build opportunities and has completed 52 acquisitions since 2011. Today synlab operates laboratories in
Lawson Conner has launched ‘FinTechPLUS’, a programme to help FinTech startups to launch their new businesses quickly, compliantly and cost-effectively, with the support of an experienced team of entrepreneurs, compliance and regulatory experts.
The ‘FinTechPLUS’ programme is designed for companies offering e-money, payments, consumer loans, crowdfunding and other financial technology related services currently revolutionising the banking and finance sectors. The programme includes a number of innovative solutions, one of which is the FinTech Regulatory Incubator Platform ‘FinTIP’, which allows selected companies to become authorised in less than a month and at a fraction of the cost usually associated with
KKR Credit has launched a pan-European platform that aims to support banks in managing their exposures to non-core and under-performing assets by improving the performance and value of the businesses which underpin the exposure.
The platform is intended to provide long-term capital and operational expertise to businesses to help them stabilise and grow, creating value for all stakeholders. The platform will be structured so that the participating banks share in the upside of the recovery in performance of the businesses and the value of the related assets on the banks’ balance sheet.
There are EUR1.9 trillion of non-performing and non-core
Asset under custody for private funds at Millennium Trust Company, a provider of alternative asset custody solutions to institutions, advisors, and individuals, have surpassed USD5.6 billion as of 1 June, 2015.
This represents an increase of USD600 million within the last six months. The firm’s total assets under custody exceed USD13.5 billion.
“We have experienced strong growth in all areas of Millennium’s business,” says Scott McCartan, chief executive officer of Millennium Trust Company. “However, we continue to see substantial acceleration in growth from our Private Fund Custody (PFC) service. We launched this business in late 2010 to address the
TV production and distribution company Twofour Group has been acquired by ITV plc for an initial cash consideration of GBP55m.
Livingstone’s Media & Technology team advised the shareholders of Twofour Group, including mid-market private equity investor LDC and the company’s management team, on the transaction.
Twofour Group is a family of award winning companies striving to deliver world class TV production. Working for broadcasters around the world, the Twofour Group spans drama, comedy, factual, childrens’ and entertainment and produced over 1,200 hours of programming in 2014.
The group’s production labels, based in the UK and US, include Twofour, Twofour America,
The performance of French private equity since inception, measured at the end of 2014, totalled an average 10.1 per cent IRR net of charges per year, up from 9.5 per cent at end 2013 on a like-for-like basis.
Over a 10-year horizon the average IRR increases to 11.3 per cent net (compared with 10.9 per cent like-for-like at end 2013).
That’s according to the latest annual report by the French private equity and venture association, AFIC (Association Française des Investisseurs pour la Croissance) and EY.
These figures reflect the robust long-term profitability of this asset class and the stable performance.
Private equity firm Agilitas has acquired Danish environmental services company MH Gruppen. Agilitas is backing the management buy out of the business from Michael Henriksen Holding, supporting CEO Christian Rindbøl.
MH Gruppen is one of the leading waste management businesses in Denmark and is active across the value chain with particular emphasis on soil remediation and the collection, sorting, treatment, and recycling of waste. Through its subsidiary Norrecco, it is one of two large providers of soil recycling and remediation services in Copenhagen, and, through its City Container subsidiaries, provides collection, transportation and disposal services for municipal and commercial and
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
