Managers
The fortunes of European and US funds of hedge funds have become increasingly polarized over the past year, as the 2015 Preqin Global Hedge Fund Report found. In an extract from March’s edition of Preqin’s Hedge Fund Spotlight, we look at this trend and assess whether it is likely to persist in the longer term.
Funds of hedge funds have had a challenging road to recovery following the fallout of the global financial crisis and the events surrounding the Madoff scandal in 2008. The industry’s assets under management fell from a peak of USD1.2tn in December 2008 to USD948bn by
LFPI Gestion acquired Accolab, a group of eight clinical laboratories located in the area of Bordeaux, Lyon and in Spain.
For this acquisition, LFPI Gestion invests alongside Alain Dalléac, former CEO of Unilabs in France and renowned medical biologist. The new shareholders, with substantial financial resources allocated to this project, intend to pursue a dynamic build-up strategy partnering with additional medical biologists.
Alain Dalléac commented: “This project is a significant opportunity in the medical field with a special focus on patients’ needs and a high level of quality of service. The innovative environment of operational excellence in this level of
HIG European Capital Partners (HIG Europe) has acquired Monal Group through its Spanish-based portfolio company Tres60 Servicios Audiovisuales.
The acquisition, which will result in the creation of an entity generating sales of nearly 100 million euros, was successfully executed by the French and Spanish offices of HIG Europe, supported by Monal Group’s management team and by its founding shareholder, Denis Auboyer.
Tres60, a leader in providing comprehensive technical services and equipment for audio-visual production, post-production and advertising, broadcasting television channels and live events, is a major player in the Spanish market. The Monal Group offers its customers recognised technical expertise
Capitala Group, a leading provider of financial solutions for lower and traditional middle-market companies, is pleased to announce the final closing of its fourth private equity fund, CapitalSouth SBIC Fund IV.
The fund exceeded its initial target thanks to strong support from existing investors and new commitments from other leading institutional investors including public and private pensions, fund of funds and family offices.
“We are excited to announce the final close of the Growth Fund,” says Joe Alala, Chairman and CEO. “We appreciate the interest expressed in the Fund by many long-standing relationships, as well new investors.”
The CapitalSouth Growth
Ashurst has advised Recover Nordic, a portfolio company of the pan-European mid-market private equity firm Agilitas, on the acquisition of Relita Industri och Skadeservice (Relita), a provider of damage control services in Sweden.
Recover Nordic, which was acquired by Agilitas in 2013, is the largest emergency response and damage control business in the Nordic region that mainly provides water and fire damage recovery services.
Prior to this transaction the business had operations in Denmark, Norway and Finland, and Relita will now give the group coverage in Sweden.
The Ashurst team was led by corporate partner David Carter, with counsel Fredrik
Amplience has closed of a USD10.5 million Series B funding round led by Octopus Investments, with participation from existing stakeholders and investors including Northstar Ventures and Silicon Valley Bank.
Applience will use the funds to support its continued growth in the North American and Northern European regions.
Since opening its first US office in 2013, Amplience has enjoyed significant expansion across the region, a complement to the company’s growth in Northern European markets. This development is supported largely by a stream of strong customer wins, expansion of existing accounts, and the development of its AmplienceOne Big Content Platform. The
Swiss private equity investor HBM Partners (HBM) has acquired a minority stake in the Swiss company APR Applied Pharma Research SA (APR) for an undisclosed amount.
The fund’s advisor, Alexander Asam, will become a member of the Board of Directors of APR.
“We have followed the progress of APR for quite some time and are pleased to invest in APR. This investment underlines our strategy to invest in attractive, growing and internationally oriented firms. APR with its proven track record in formulation and development provides growth opportunities in various segments of the Healthcare industry,” says Dr Alexander Asam of HBM.
Gentoo Fund Services has expanded into Europe with the acquisition of SHRM Financial Services (Luxembourg), a Luxembourg-based provider of fund administration and domiciliation services.
Having gained regulatory approval, the 13 strong Luxembourg team will continue to serve existing clients, supported by Gentoo’s 29 employees based in Guernsey. The company will be renamed Gentoo Financial Services (Luxembourg).
The acquisition increases the group’s assets under administration to USD15bn. In addition to offering specialist administration services for private equity and family office structures, the Gentoo group also includes Gentoo Depositary Services Limited – the first non-financial asset depositary established in Guernsey under the
Private equity firm Genstar Capital is partner with management to acquire a majority interest in Mercer Advisors from Lovell Minnick Partners
Mercer is a leading registered investment advisor with a full suite of wealth management services and over 30 years of experience. The Company services primarily the mass-affluent and high-net-worth clients and today has a strong base of individual clients with assets of nearly USD6 billion. Mercer Advisors offers comprehensive wealth management solutions, including: financial planning, investment management, tax management, retirement income and benefits planning, and estate planning.
Genstar's operational expertise and industry experience will be valuable in assisting the
Mooreland Partners has acted as the exclusive financial advisor to SugarSync, on its sale to j2 Global.
The acquisition of SugarSync's core operating business, which offers cloud file sharing, file sync and online backup services, further solidifies Mooreland's position among the most active advisors to the enterprise software sector.
"This transaction serves as a critical milestone for SugarSync, which helped to pioneer the online sync and storage industry. We are pleased to have played a role in orchestrating such an important and strategic combination, which joins SugarSync's highly-regarded technology and track record of innovation with an industry leader in j2,"
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
