Managers
RCP Advisors has acquired Atlas Diligence and their proprietary private equity manager research platform – GPScout.
Atlas Diligence, based in Chapel Hill, NC, provides investors with independent research and unique due diligence tools to assist in the identification and evaluation of private capital fund opportunities. GPScout, a unique subscription based platform, allows limited partners to access Atlas’s library of research and analysis. As a part of the transaction, Atlas Diligence investment professionals have joined RCP Advisors’ investment and research team.
“In Atlas, RCP has chosen a like-minded partner to help expand our team, enhance our investment process and analysis
Private equity firm Crestview Partners has closed its latest fund, Crestview Partners III, surpassing its USD3 billion target.
The new fund includes over USD3 billion of third-party limited partner capital commitments and USD250 million in general partner participation, including affiliates. Fund III is Crestview's largest fund raised to date.
Fund III will pursue the same investment strategy on which Crestview was founded in 2004 and has closely followed ever since—namely identifying and investing in companies with a contrarian, value orientation. Crestview's investment strategy focuses on opportunities that arise from market dislocations or through proprietary relationships. The firm typically targets USD100–400
Evercore and Luminis Partners have formed a strategic alliance to provide cross-border M&A advisory services.
The two firms will leverage their combined expertise and broad network of corporate relationships to provide independent, objective advice to their clients.
Luminis Partners recently has been formed by Ron Malek, Simon Mordant and Jamie Garis to provide conflict-free advice to major corporations, private equity firms, institutions, and government bodies on strategy, mergers, acquisitions and divestitures, restructurings and capital markets activities. This strategic alliance will also include an investment by Evercore in Luminis Partners. The three founding partners of Luminis have worked together for 15
MidCap FinCo and Apollo Capital Management have launched a direct origination platform for MidCap Financial focused on direct lending opportunities in the senior secured credit market.
MidCap Financial includes the existing operations and assets of MidCap Financial LLC (MidCap), a specialty finance firm focused on senior secured direct origination in the healthcare sector with more than USD2 billion of assets and a seasoned team of more than 75 employees headquartered in Bethesda, MD, complete with fully scalable asset management and back office infrastructure, systems and processes capable of full lender services.
Through an investment management agreement between Apollo and MidCap
Spencer Capital Holdings is to acquire USA Risk Group an independent captive insurance manager. The transaction is subject to customary closing requirements and regulatory approval, and is expected to close during the first quarter of 2015.
USA Risk currently serves over 300 clients, holding $9 billion assets under management. Financial terms of the transaction were not disclosed.
USA Risk is an independent captive insurance manager founded in 1981 by H Lincoln Miller, Jr, a leader in helping to enact legislation enabling Vermont to become the pre-eminent captive domicile within the United States. USA Risk has since established member companies in
Cerner Corp has completed its acquisition of Siemens Health Services' assets, client relationships and associates.
Cerner and the former Siemens business unit have a combined annual research and development investment of more than $650 million. The cumulative resources are expected to speed delivery of the company's next generation of health IT solutions, enabling clients to control costs and improve health care outcomes in their communities.
"By combining client bases, investments in R&D and associates, we are in a great position to lead clients through one of the most dynamic eras in health care," says Neal Patterson, Cerner chairman, CEO and
Presidio Holdings has been acquired by funds affiliated with Apollo Global Management from affiliates of American Securities.
In accordance with the terms of the definitive agreement, which was announced on 1 December, 2014, funds affiliated with Apollo have acquired all outstanding common stock of Presidio. Going forward Presidio Holdings, Inc. will continue to do business as Presidio. Terms of the transaction were not disclosed.
"We are pleased to complete the acquisition and begin moving forward with a new partner. We believe Apollo is a great partner for Presidio, and we are excited about the opportunities this will bring us to
Law firm White & Case advised Mid Europa Partners on its acquisition of a controlling stake in Danube Foods Group BV and Clates Holding BV.
The value of the transaction, which is subject to customary closing conditions and is expected to be completed during the second quarter of 2015, has not been disclosed. Mid Europa Partners (MEP) is a leading buyout investor focused on the growth markets of Central & Eastern Europe. Danube Foods Group, which achieved revenue of more than EUR400 million during 2014, is the leading branded fast moving consumer goods platform in the former Yugoslavia. It includes
Augentius, the global private equity and real estate fund administration specialist, has launched a new compliance consultancy, Augentius Compliance.
The service will support the entire alternatives sector, and marks the very first time a fund administrator has moved into compliance consultancy. Augentius Compliance will offer new customers a free ‘compliance health check’, available on request.
The move comes in response to high demand from clients. Alternatives funds today face an unprecedented, ever-expanding, and ever-changing maze of new regulatory rules and reporting obligations, the details of which differ considerably across jurisdictions. Augentius has already been assisting its clients with FATCA
Micro-fund High-Tech Employees Index, which has been established by Israel’s first secondary market platform, is the first fund in Israel to allocate capital solely for investment in securities that will be purchased from senior employees who work or worked at private Israeli high-tech companies.
Oren Harel (pictured), the Chairman of PrivatEquity.biz, says: “We see strong demand from Israeli and foreign private investors to invest in securities of senior employees at private high-tech growth companies. We intend to act for them and identify the securities of the best high-tech companies in Israel.”
PrivatEquity.biz, Israel’s first secondary market trading arena, is
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
