Latest News
State Street Corporation has launched Direct Access Lending, a securities finance product that enables direct, principal loans between the company’s lending and borrowing clients.
The new peer-to-peer product will leverage the size and strength of State Street’s Agency Lending and Enhanced Custody programs, and underscores a continued focus on aligning solutions and technology across State Street to help clients achieve their objectives.
To facilitate the direct lending transactions, State Street will leverage both its Agency Lending and Enhanced Custody programs to offer both sets of customers the benefits of each program required to operate in a peer-to-peer transaction
HelpSystems, a provider of IT operations management, security and analytics solutions, has secures a strategic investment from private equity firms TA Associates and Charlesbank Capital Partners.
The firms will join existing investors HGGC, management and employees. Financial terms of the transaction have not been disclosed.
Founded in 1982, HelpSystems is a provider of systems and network management, business intelligence, and security and compliance solutions. The company’s software and services monitor and automate processes, encrypt and secure data, and provide access to the information that large organisations need every day. HelpSystems maintains offices around the world with customers ranging from
Muzinich & Co has appointed Alok Wadhawan to head up a newly-created Aviation Finance business. Aviation Finance will be a part of Muzinich’s growth in offerings of alternative investments and private debt.
“Aviation Finance seeks to offer investors the opportunity to access cash-yielding, fixed-income-type returns on a risk-adjusted basis with low volatility. It is our view that the asset class has shown resilience through market cycles and may be ideal for clients seeking capital preservation with low levels of correlation to other asset classes,” says Alok. “Muzinich provides a strong platform upon which to build a market-leading Aviation Finance proposition.”
Emplify, a data-driven employee engagement improvement company, has secured a USD15 million investment led by growth equity investor Edison Partners.
The company plans to reinvest the funds back into its core product and service innovation and into expanding its sales and marketing teams to drive future growth. Prior investors, including Allos Ventures, Cultivation Capital, Mark Hill, Bob Davoli from Gutbrain Ventures and 4G Ventures managing director Bill Godfrey, also participated in the round.
“Emplify is scientifically tackling the most pertinent issue employers face today: building a culture that attracts, engages and retains talent,” says Ryan Ziegler, general partner at
Audax Private Equity (Audax) has completed its acquisition of EIS, a distributor, fabricator, and converter of electrical process materials, wire, cable and assemblies serving end-user segments in electrical power and related markets.
EIS provides more than 100,000 products from 38 branches and four fabrication facilities to more than 20,000 customers across North America.
Larry Griffin, CEO of EIS, says: “We are excited to partner with Audax as we embark on our next phase of growth. Our independent structure will allow us to devote renewed energy on better serving our core end markets as we look to expand both organically
UK private equity house Maven Capital Partners (Maven) has expanded its investment team with the appointment of David Nixon to help manage funds across the North East.
Joining as Investment Manager to source and complete deals on behalf of Maven’s private equity funds, Nixon will also help manage the GBP27 million North East Development Capital Fund (NEDCF), supported by the European Regional Development Fund and the GBP20 million Finance Durham Fund, established by Durham County Council.
Based across Maven’s Newcastle and Durham offices, David will be responsible for new investments across the North East of England. Prior to Maven,
The infrastructure division of GED, GED Infrastructure SGEIC, is to sell its stake in Telecom Castilla – La Mancha (Telecom CLM) to a pan-European fund manager specialising in infrastructure Equitix.
The closing of the transaction will take place after the accomplishment of the Condition Precedents (Antitrust clearance amongst others).
Once the operation is completed, Equitix will control 55% of the company. GED’s stake in Telecom CLM was initially acquired by Ahorro Corporación Infraestructuras in September 2007. GED has been managing this fund since 2015, when the private capital funds manager acquired the infrastructure fund management business of Ahorro Corporación.
ProFinda has received GBP1 million of funding from Nesta Impact Investments, a venture capital arm of one of the UK’s leading innovation foundations.
Nesta Impact Investments supports businesses like ProFinda which have the potential to deliver clear social impact as a part of their business model.
ProFinda’s mission is to revolutionise how organisations and their supply chains of people understand their collective skills so that work and projects can be directly matched to actual knowledge, capability, experience and skills.
The Nesta investment will be used to:
● build on success with blue chip clients and partners
●
This week we look at the growing popularity of private equity secondary investments, with Cari Lodge, Head of Secondaries at Commonfund Capital, forecasting that secondary market volume is “on track to reach USD100 billion this year”.
We also have news of the latest fund from One Equity Partners which has closed with total capital commitments of USD1.75 billion, plus funds from Sverica Capital Management fund and KGAL Investment Management which have closed at USD450 million and EUR750 million, respectively.
And we also look at new deal research from CEPRES which shows the IRR spread between top performing funds and the market
Sidley Austin has appointed Eleanor Shanks as a partner based in London. Shanks, who will be a member of Sidley’s global M&A and Private Equity practice, joins from Proskauer Rose LLP.
“Eleanor is one of the most respected private equity lawyers in London and highly regarded for her work across the European transactional market,” says Tom Thesing, managing partner of Sidley’s London office and member of its Executive Committee. “She has also been recognised as one of the leading women private equity lawyers in Europe. Her arrival supports our strategy to continue diversifying our team and investing in key practices
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm