Managers
International investment bank Altium has rounded off another active year, completing over 50 deals and pushing the total deal value for the firm in the last three years past GBP9bn.
In the UK, the firm has seen exceptional levels of growth, with deal values up 94 per cent in 2014. Notable transactions from the period include The Riverside Company buying a majority stake in specialist accountancy firm Brookson and the sale of Scientific Analysis Laboratories (SAL) to the newly formed Concept Life Sciences, which is backed by Equistone. Most recently, Altium advised on the GBP303.7m takeover of Italian restaurant chain
The commercial law firm Noerr has advised and assisted Oakley Capital in its acquisition of majority stakes in the German and Polish subsidiaries owned and operated by the consulting and systems company Damovo.
Damovo is specialised in integrated solutions in the field of unified communications and collaboration (UCC).
The buyer is the fund “Oakley Capital Private Equity II”, which is acquiring the shares from Damovo II. Besides the German and Polish operations, Oakley is also acquiring Damovo’s operations in Belgium, Ireland and Switzerland as well as Damovo’s Global Services business. The British telecommunications provider Daisy Group is also investing
Prudential Capital Group provided more than USD11.3 billion to companies and projects worldwide, and increased its total assets under management to a record high of USD71.6 billion in 2014.
Additionally, the company announced that it has the capacity to provide more than USD12 billion in financing in 2015. Prudential Capital Group is an investment business of Prudential Financial Inc.
“Our ability to offer a financial capability that meets the needs of middle market companies around the world was a driving factor in helping us achieve a strong 2014,” says Allen A Weaver, senior managing director and head of Prudential Capital
ClusterHQ has secured a USD12 million Series A funding round led by Accel Partners London, with participation from Canaan Partners as well as existing investors.
DN Capital seeded the fund in 2013 and participated in this follow-on round where ClusterHQ will use the funds to expand technical and go-to-market resources to help organisations use containers in production. The funding represents the largest Series A investment in the container ecosystem to date.
With five years' experience solving data problems for container-based applications, ClusterHQ is the company behind Flocker, the popular open-source project for containerising stateful services – for example, the databases,
LGT Capital Partners has held the final close of Crown Co-investment Opportunities plc (CCO), its first dedicated co-investment fund, with total subscriptions of USD432 million.
The program’s investor base consists of 20 institutions, including pension funds, endowments and family offices in Europe, the United States and the Middle East.
Tycho Sneyers, Managing Partner at LGT Capital Partners, says: “Institutional investors have shown an increasing interest in co-investments over the last few years, and with CCO, they achieve exposure to a differentiated strategy. The fund focuses on small and middle market buyouts, investing alongside high quality fund managers in the
Energy-focused private equity firm EIV Capital (EIV) has held the final closing of its second fund, EIV Capital Fund II, with total committed capital of USD267 million, surpassing the fund’s USD200 million target.
Fund II will focus on making growth investments primarily in midstream and related oilfield service energy companies.
After receiving 100% participation from limited partners in its first fund, EIV launched its institutional fund raise for Fund II in June 2014 and completed the raise in six months; attracting a diverse base of limited partners providing strong support for EIV’s midstream focus.
“Our inaugural fund’s strong performance and
Ogier has advised the lenders on the GBP122.6 million acquisition of LSE-listed Waterlogic plc by Castik Capital.
The lenders include GE Capital, HSBC, ING, Santander and Societe Generale and together they provided GBP113 million of senior debt facilities supporting the take-private by private equity fund Castik Capital of the UK based provider of mains-fed drinking water purification and dispensing systems.
Edward Scott, Managing Associate, led on the transaction with Sara Johns, Managing Associate advising on the listed acquisition elements.
Scott says: “The transaction was unusual because the practicalities of taking Jersey law security over the shares in Waterlogic
Preqin has analyzed the performance of over 5,200 hedge funds worldwide throughout 2014 to identify the top performing funds. In an excerpt from the 2015 Preqin Global Hedge Fund Report, league tables reveal the 10 top performing hedge fund vehicles by various strategies and regions, and looks at the characteristics of these successful funds.
The data reveals that three-quarters of the 20 top performing hedge funds employed equity strategies. Other interesting findings include:
• Fifty-seven percent of all top performing funds in 2014 have been active for more than five years.
• Twenty-seven percent of all top performing funds in
Pioneer Underwriters (Pioneer) has launched a new EU regulatory compliant product for alternative investment fund managers (AIFMs).
This specialist product is aimed at AIFMs domiciled outside of the EU, which in addition to providing traditional financial lines cover, also ensures policyholders are compliant with the insurance provision requirement of the EU Alternative Investment Fund Managers Directive (AIFMD) which came into force in July 2013.
Pioneer believes that this is the market’s first solution addressing the needs of non EU domiciled fund managers and forms part of a suite of products covering the specialist risks faced by a wide range
Crosslink Capital has closed its seventh venture capital fund (Ventures Fund VII), with USD170 million of capital commitments.
The new fund, which includes support from both new and existing investors, will enable the Crosslink team to continue to successfully invest in early stage software, mobile, consumer startups that are pioneering innovation in cloud computing, infrastructure, security, and Software-as-a-Service technologies.
Ventures Fund VII will have a strong focus on seed and Series A opportunities, as the Crosslink team continues to collaborate with the leading micro-VC funds to identify emerging investment areas and opportunities. The fund is an equal partnership of four
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
