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Debt
Unigestion has launched a Private Debt Allocator tool, which identifies private debt opportunities to exactly match clients’ investment objectives. Through its work with clients, Unigestion has identified a common perception of the universe of private debt opportunities as large, diverse and challenging. Depending on the type of debt, it can yield returns for investors of anything between 5 per cent and 20 per cent. This solution aims to help clients navigate across the myriad of different asset types, investment strategies and differing characteristics. The Private Debt Allocator simplifies the process by taking a structured approach to evaluating each private debt
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Private equity firm Thoma Bravo and Teachers’ Private Capital, the private investor department of Ontario Teachers’ Pension Plan, have completed their acquisition of Riverbed Technology, a specialist in application performance infrastructure.  The acquisition is valued at approximately USD3.5 billion, with Riverbed stockholders receiving USD21.00 per share in cash. With the transaction’s close, Riverbed stock has ceased trading on the NASDAQ under the ticker symbol RVBD. “Riverbed is a clear industry leader and significant addition to our portfolio of software companies,” says Seth Boro, a managing partner at Thoma Bravo. “Our team is looking forward to building upon Riverbed’s world class
Announcement
London-listed private equity firm JZ Capital Partners Limited has acquired Midwest Valve Parts (MVP) alongside its long-term investment partner The Edgewater Funds. The acquisition of MVP is an add-on to Industrial Services Solutions’ (ISS) existing Specialty Products Group (SPG), and marks the third acquisition made into SPG (joining Worthington Compressors and Parts Service International). Led by Jim Rogers, a GE veteran who has extensive industry experience, ISS is generating annual sales and EBITDA in excess of USD260 million and USD45 million, respectively.   MVP is an independent supplier of replacement parts for valves, actuators, and related equipment to valve remanufacturers,
Institutional Venture Partners (IVP), a later-stage venture capital and growth equity firm, has launched IVP XV, a USD1.4 billion fund, the largest fund raised in the firm’s 35-year history, which brings cumulative committed capital to USD5.4 billion.  The fund was significantly oversubscribed, with IVP’s existing Limited Partners contributing the vast majority of the fund.   The fund’s General Partners are Todd Chaffee, Somesh Dash, Steve Harrick, Eric Liaw, Jules Maltz, Sandy Miller, and Dennis Phelps. After 26 years as a General Partner at IVP, Norm Fogelsong will serve the new fund as an Advisory Partner.  Collectively, the Partners have more than
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In this extract from the Preqin Quarterly Update: Real Estate, Q1 2015, we analyse fund performance and take a look at private real estate funds currently in market. Fund Performance Closed-end private real estate funds have posted positive changes in NAV for 18 consecutive quarters, with Q3 2014 seeing an average 1.9 per cent increase in NAV (Fig 1). As of September 2014, funds of vintage years 2009-2012 are posting relatively strong returns, with the median IRR ranging from 12.8 per cent for vintage 2012 funds to 15.8 per cent for vintage 2009 funds.  Examining J-curves of funds of
shaking hands
China Everbright Limited (CEL) and Sinowel Enterprise Group (Sinowel) have signed a strategic partnership agreement to start their co-operation towards the secondary market of trust beneficiary rights.  CEL and Sinowel plan to maximise their value, as well as leveraging their respective experience and advantages in the asset management sector to build a marketing platform for the trust industry.  CEL, a member of China Everbright Group, is a diversified financial services enterprise operating in Hong Kong and mainland China. It leverages a "Macro Asset Management" strategy with specific focuses being placed on fund management and investment businesses, namely Primary Market Investment,
Octopus Investments has completed a development with Transact to enable shares in its Venture Capital Trusts (VCTs) to be bought and held on a financial adviser platform for the first time.  Previously VCTs were unable to be purchased on adviser platforms or by a nominee account as they needed to be bought by the individual directly in order to qualify for the tax reliefs.   The launch of the service from Transact, which is an adviser-facing only platform, follows the change announced in the Finance Bill 2014 last year that allows shares in VCTs to be bought by a nominee
Announcement
Simplilearn, a provider of certification courses to professionals, has raised USD15 million in Series C funding led by Mayfair, with existing investors Kalaari Capital and Helion Venture Partners also participating.  Simplilearn has raised a total of USD27 million in capital. Simplilearn offers a multitude of training and certifications for business use and career advancement. The blended learning platform offers a combination of online classes, in-person workshops and corporate trainings, all led by Simplilearn's over 2,000 qualified trainers. Courses span vendors, industries and platforms: Simplilearn offers training for everything from Advanced Cloud Computing to Six Sigma. "Simplilearn has had an impressive
This extract from the Preqin Quarterly Update: Infrastructure, Q1 2015 reflects on the first quarter’s infrastructure fundraising activity. Fundraising for unlisted infrastructure funds declined in Q1 2015, with just four funds closing, raising an aggregate USD5.3 billion in institutional capital (Fig 1). This represents the lowest amount of capital raised in a single quarter since Q3 2013, when USD4.8 billion was raised. However, those fund managers that are closing funds are often raising large amounts of capital; the average fund size has increased from USD503 million for funds closed in 2011 to USD984 million in 2014. This trend is reinforced
Law firm Ogier in Jersey has acted for the lenders in connection with amendments and an increase to approximately USD6.3 billion to financing provided to the Tullow Oil Group. The lenders (including BNP Paribas) increased their lending facility by USD450 million, including a USD200 reserved based lending facility and USD250 million corporate credit facility.    Amendments were also made to the facilities to address the risk of potential covenant breach due to oil price volatility and to allow investment in the production and development of assets in West Africa.   The Ogier team was led by partner Chris Byrne with

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12 November, 2026 – 8:00 am

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