Managers
Stanhope Capital, the global investment office, is adding significant resources in private equity to address growing client demand for further investments in this area.
Edward Clive, a Senior Director within the firm’s investment research department, has been appointed Head of Private Funds. He previously worked at Lazard and Vantage Group, and has been with Stanhope for five years. In addition, Jerome Sibony has been appointed as Head of Direct Investments.
Sibony, who has over 15 years of experience in direct private equity, joins Stanhope Capital from Neo Investment Partners where he was the Senior Principal on its EUR300 million Small/Mid
Peer-to-peer lender Lending Works is launching an Auto Income tool that allows lenders to draw down a regular income over the course of their lending term.
From 6 April, Lending Works customers will be able to elect to draw down their interest repayments, or a combination of their capital and interest repayments from the funds they are lending, creating a monthly source of income.
While peer-to-peer platforms are typically viewed as a growth tool, the Lending Works Auto Income tool transforms peer-to-peer lending into an income device for those who desire it.
Lending Works expects Auto Income to attract the
ARX Equity Partners, together with experienced healthcare investor Joseph Priel, has completed the 100% buy-out of Slovenian healthcare services provider, Diagnosticni Center Bled doo (DCB).
Details of the transaction have not been disclosed.
DCB is the largest private healthcare service provider in Slovenia. The Company provides comprehensive outpatient and inpatient medical services in four locations. DCB performs more than 20,000 specialist examinations each year, primarily in the areas of gastroenterology and urology. ARX acquired DCB in order to utilize its robust existing business as a platform to further consolidate and grow its leading position in the Slovenian diagnostics sector.
Priel
A USD 1 billion sector focused private equity fund underwritten by Cairo Financial Holding is behind a plan to revive the tourism sector in Egypt, battered by four years of turmoil and instability.
Tourism revenues have dropped by 55 per cent over the past four years, but the return of political stability coupled with a focus on developing higher-value added tourism activities, has encouraged the launch of the Papyrus private equity fund to support the development of tourism projects that will have a significant economic impact.
With year round sunshine, a rich cultural heritage and a unique geographical position,
Värde Partners, KKR and Deutsche Bank are to acquire GE Capital’s Australia and New Zealand Consumer Lending Business (the company) at an enterprise value of AUD8.2 billion.
The company is a leading financial services provider offering a range of services and products including personal loans, credit cards and interest free retail finance. It has more than three million customers and is a long-standing partner to many of the major retailers in Australia & New Zealand. All of these products and services will remain under the Company’s new ownership.
GE Capital Australia & New Zealand Chief Executive Officer Duncan Berry, says:
NetBase, a social media analytics company, has completed a new round of growth funding with USD24 million in Series E financing led by new investor Spring Lake Equity Partners.
Also participating in the financing were long-time investors Thomvest Ventures, Altos Ventures, and WestSummit Capital.
NetBase will use this additional funding to accelerate its market position within the core listening and analytics space, continue developing a rich innovation roadmap, support critical alliances and drive global expansion.
“We seek to partner with great management teams at later-stage, technology-oriented private companies to help them take their businesses to the next level, creating value
The California Public Employees' Retirement System (CalPERS) has committed USD75 million to private equity firm Siris Partners.
This is the first direct commitment to Siris, which has previously received commitments from CalPERS through the System's emerging manager fund-of-funds.
"CalPERS is committed to emerging manager strategies," says Ted Eliopoulos, CalPERS Chief Investment Officer. "The transition from a fund-of-funds relationship to a direct relationship with CalPERS is the outcome we hope to see with our emerging manager programs."
Siris will use the commitment to make private equity investments in middle-market technology companies in North America, with a focus on data storage and
Ogier has advised Cinven on its acquisition of Premium Credit Limited for an enterprise value of GBP462 million.
Premium Credit Limited is a UK specialty finance provider which provides financing for insurance premiums and a variety of annual fees, including school fees and membership subscriptions. It has 2 million customers, works with 4,000 intermediaries and achieved advances of £3.7 billion in 2013.
The acquisition of Premium Credit Limited is the eleventh investment by the Fifth Cinven Fund.
The Ogier legal team consisted of partner Nathan Powell, managing associate Richard Daggett and associates Alexandra O’Grady and Amy Galley, who worked alongside
Webgility, a provider of e-commerce accounting integration software for small and medium-sized businesses, has raised USD2.5 million in growth funding from SaaS Capital.
Webgility will use the funds to increase headcount, ramp up product development, and expand into new vertical markets.
“This funding from SaaS Capital will be instrumental as we continue to build momentum,” says Parag Mamnani, Founder and CEO of Webgility. “This is our first institutional investment and although we received several outside funding offers, we knew SaaS Capital was the best fit for us at this stage. Working with SaaS Capital we’re able to avoid both the strict
Funds managed by KKR are to acquire Air Medical from affiliates of Bain Capital and Brockway Moran & Partners. Financial terms of the transaction have not been disclosed.
Air Medical provides emergency transportation services to individuals with critical health issues or injuries who are located too far from hospitals to be transported by ground in a timely manner. Air Medical’s subsidiaries transport more than 75,000 critically injured patients each year through a fleet of helicopters and airplanes that operate 24 hours a day and seven days a week. In addition Air Medical provides over 120,000 ground transports on an annual
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
