Managers
The Fed confirmed its dovish stance at the latest FOMC meeting, significantly decreasing monetary policy uncertainty over the course of the summer. Markets responded positively with US equities and Treasuries posting gains. In the Eurozone, uncertainties associated with Greece materially stepped-up.
Advent International, Bain Capital and Clessidra are to acquire Istituto Centrale delle Banche Popolari Italiane SpA (ICBPI) for a consideration of EUR2.15 billion.
ICBPI is a leading player in the Italian financial services market with strong market positions in payment services (acquiring and issuing), interbank clearing and securities services. ICBPI, headquartered in Milan, has over 1,900 employees and also operates strong brands including Cartasì. In 2014, the Company generated revenues of Euros 670 million, EBITDA of Euros 195 million and net income of Euros 95 million.
ICBPI’s selling shareholders will retain a stake of 8 per cent of the Company
Funds advised by CVC Capital Partners have signed an agreement to acquire a majority stake in international musical and theatre group, Stage Entertainment.
Under the terms of the transaction, CVC will acquire a 60 per cent stake from the company’s founder, Joop van den Ende, who will remain a 40 per cent shareholder in the business and as co-chairman.
Founded 17 years ago, Stage Entertainment is the market leader in musical theatre in Continental Europe, responsible for globally acclaimed productions including the Lion King, Mamma Mia!, the Phantom of the Opera and Les Miserables, which together attract more than
A formal strategic partnership has been signed by the Governor of the Yamal-Nenets Autonomous District, Dmitri Kobylkin, and the Chairman of the Board of private equity infrastructure investor Rise Capital AB (Rise Capital), Gerard Lopez.
This took place at the St Petersburg Economic Forum in Russia and in the presence of the authorised representative of the President of the Russian Federation in the Urals Federal District, Mr Igor Kholmanskih.
The terms of this partnership agreement will give Rise Capital the authority to conduct preliminary negotiations with a view to attracting new capital from international and domestic private investors
Ten Alps has completed a major recapitalisation, brought in new Board members and is acquiring Reef Television, a UK production business.
Mark Wood, Chief Executive Officer of Ten Alps, says: “This is a significant moment in the turnaround of Ten Alps. The proposed acquisition of Reef Television is an important first step in a strategy to achieve greater scale and momentum in our TV and digital content businesses. The new capital structure will enable us to invest in faster growth, with the guidance of our experienced Board members appointed today. Together, as an enlarged Group, we intend to bring in
Belgian-Dutch investment company Waterland Private Equity Investments (Waterland) is to provide growth capital to the Intelligent Group, the Belgian market leader in developing and providing hosting services.
Intelligent was founded in 1999 by Jonas Dhaenens under the Combell brand and has grown to become the most important provider of hosting services in Belgium in recent years, with a strong presence in the Netherlands. The company is primarily known for its strong hosting brands Combell and Unitt. Combell focuses on a diverse offering of hosting services ranging from domain names, e-mail and webhosting to managed hosting server applications and related products,
The Russian Direct Investment Fund (RDIF), the Government of the Republic of Karelia, Nord Hydro, the China Railway 24th Bureau Group and China Civil Engineering Construction Corporation, subsidiaries of the China Railway Construction Corporation, are to invest in constructing small
hydropower plants in Karelia.
The agreement was signed today during the St Petersburg International Economic Forum.
Under the agreement two small hydropower plants, Byeloporozhskaya HPP-1 and HPP-2, will be constructed, each with a capacity of 24.9 megawatts (MW). The project aims to create new, renewable and environmentally friendly energy sources to efficiently develop the Republic of Karelia’s power system.
Ares Capital Corporation and Varagon Capital Partners are establishing a new joint venture that will make senior secured loans to middle-market companies.
The new joint venture will be called the Senior Direct Lending Program (SDLP). The SDLP will work to follow on with the success that Ares Capital enjoyed with its previous senior loan joint venture, the Senior Secured Loan Program (SSLP), with GE Capital.
“As a long-term investor, AIG is attracted to the strong investment fundamentals of middle-market credit. Varagon’s new relationship with Ares Capital and our partnership with Varagon will provide AIG with direct access to the best
Markit has launched an Alternative Investment Fund Managers Directive (AIFMD) external valuer service providing independent valuations for alternative investment fund managers.
Markit’s aim is to help customers address the statutory and policy requirements of fund managers, regulators and investors for independent calculation of prices used in determining net asset valuations.
Massimo Catizone, chief executive officer, Athena Capital, says: “We were looking for a cost effective external valuer service which meets AIFMD requirements and allows us to focus on the management of our fund. We are pleased with the support and quality of the services provided by Markit in each
Djenee, a start up focused on a personal on-demand digital concierge service, has raised almost SGD500,000 on the first day of a crowdfunding campaign on FundedByMe, setting a new record for equity crowdfunding in Asia.
Investor interest in Djenee (pronounced Genie)Dcomes hot on the heels of Magic, a similar service based in the US, which recently raised money at a US$40million valuation just after six months of operations.
“We’re extremely excited about partnering with Djenee to raise their very first round of funding, which broke records for Asia and with investors from all around the world. This is a
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
