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finnCap Group (finnCap) has appointed Leigh Webb to head its private equity sponsor coverage and expand its M&A advisory business across the mid-market private equity community. Webb has an extensive track record in private equity sponsor coverage and finnCapp says his arrival will further strengthen the Group’s offering in the mid-market advisory arena with private equity backed businesses, which make up such a significant portion of the growth company landscape. Webb joins finnCap from leading business advisory firm RSM where as an Associate Director he was a key member of the team focused on UK private equity sponsor coverage for
Independent fund and corporate services provider, the Aztec Group, has made three senior appointments to its Luxembourg Private Equity team. Philippe Detournay has been appointed as Director, while Waqas Khan and Gianmaria Lombardo have been appointed as Associate Directors.   Detournay joins the Group from Luxembourg-based Axior, where he was an advisor and Non-executive Director. Prior to this, he spent 13 years as a Managing Director of Lone Star Funds, overseeing the operation of several European real estate and private equity fund structures across Europe.   Khan joins the Group following tenures with KPMG and PwC Luxembourg, where he led
Akin Gump has added two energy-focused transactional corporate and private equity partners, Shaun Lascelles and Simon Rootsey, to the team in the firm’s London office. Lascelles and Rootsey are expected to join Akin Gump from Vinson & Elkins in October.   Lascelles’s practice focuses on transactional public and private cross-border M&A, private equity and international joint ventures. He advises private equity firms, infrastructure investors and corporates regarding their complex, high-end transactions. Lascelles has particular experience in the oil & gas and energy sectors, often across emerging market jurisdictions, including Africa and Russia.   Rootsey’s practice focuses on transactional cross-border M&A
Wind farm
Hermes Infrastructure, on behalf of Hermes Infrastructure Fund II (HIF II), is to invest in an 813 megawatt (MW) portfolio of five Swedish onshore wind farms in conjunction with consortium partner CGN Europe Energy (CGNEE). HIF II will take an initial 20 per cent equity ownership stake and CGNEE has underwritten the remaining 80 per cent. Aquila Capital will retain an ongoing role in relation to the portfolio.   The portfolio comprises two operational onshore wind farms with an aggregate capacity of 216MW and three onshore wind projects in late-stage construction with an aggregate capacity of 597MW, all located in
Approved_stamp
PGIM has secured approval from the Dutch Authority for the Financial Markets to operate an Alternative Investment Fund Manager (AIFM) from its newly established office in the Netherlands. The office, based in Amsterdam, acts as the AIFM for its existing Irish alternative investment fund and provides investment management, marketing and distribution services in the European Union.   This newly authorised entity follows the announcement in July 2019 that PGIM Investments, the global manufacturer and fund distributor of PGIM, established operations in Switzerland. It further enhances PGIM’s European footprint, which includes operations in the UK, Germany, France, Ireland and Luxembourg.  
Tricor Group (Tricor), an Asian provider of integrated business, corporate, investor, human resources and payroll, corporate trust and debt services, has appointed Karen Cheung as Group Director of Business Development for Trust & Corporate Services based in Hong Kong. Reporting to Tricor’s Group Chief Commercial Officer, Cheung will be responsible for driving the development, promotion and sales for Tricor’s comprehensive range of corporate and private client solutions. Tricor’s Corporate and Trust Services group provides organisations and high net worth individuals (HNWIs) with practical solutions in corporate structuring, management as well as asset protection and succession planning.   Prior to joining
Sidley Austin has appointed Meng Ding as a partner in the firm’s China Corporate and Finance group in Hong Kong. Ding joins from Kirkland & Ellis LLP, where he was a partner in the firm’s Capital Markets practice group.   Ding has extensive experience in a broad spectrum of capital markets and M&A transactions, especially in the TMT, healthcare, financial institutions, hard-tech and other emerging technology fields. He has advised on numerous Hong Kong IPOs, US. IPOs and follow-on offerings, pre-IPO investments, U.S. public company going-private transactions, and Rule 144A and Regulation S bond offerings (investment grade and high-yield). He
Lookiero, an online personal shopping service for clothes and accessories, has closed a USD19 million funding round led by venture capital fund MMC Ventures with support from existing investor All Iron Ventures, and new investors Bonsai Partners, 10x and Santander Smart. The funding will allow the company to continue its international expansion and strengthen its leadership position within its main markets: Spain, France and the UK.   Founded in 2015 by Oier Urrutia, Lookiero combines the knowledge of personal stylists, detailed customer profiles and in-house learning algorithms to provide a fully-personalised online shopping experience to its customers. It delivers a
DustPhotonics, a provider of optical modules for enabling data centre and computing connectivity, has secured a Series B investment of USD25 million led by Intel Capital and joined by WRVI Capital. This series also includes a continued investment from veteran entrepreneur, Avigdor Willenz. This latest round will help fund DustPhotonics’ roadmap and expand its operations and global market presence.   Ben Rubovitch, CEO and co-founder of DustPhotonics, says: “We are honoured to have Intel Capital lead this round, which will help accelerate our vision of next generation optical connectivity.” Ben adds: “Our optical transceiver products address the key and challenging requirements
Edge Performance VCT, a creative industries VCT managed by creative economy specialist Edge Investments (Edge), has sold portfolio company deltaDNA to Unity Technologies, creator of a real-time 3D development platform based in San Francisco. Launched in 2011 by games industry veterans Chris Wright and Tim Christian, and big data expert, Mark Robinson, Edinburgh-based deltaDNA provides games developers and publishers with cutting edge analytics and a real-time engagement platform which drive the commercial performance of the games. Since inception, the business has continued to expand its activities and has developed to become the platform of choice for over one billion users

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