Latest News
Ares Management Corporation has completed its conversion to a corporation under Delaware law and changed its name from Ares Management to Ares Management Corporation.
Since Ares had already elected to be taxed as a corporation for US federal and state income tax purposes effective 1 March 2018, no material tax or financial changes are expected from the state law conversion.
Existing common and preferred shares of Ares Management have been converted into Class A common and Series A Preferred shares of Ares Management Corporation, respectively. Following the conversion, the Class A common shares will have voting rights equivalent to
TigerRisk Partners, a risk, capital and strategic advisor to the global insurance and reinsurance industries, has appointed Stephen Fromm as Vice Chairman of TigerRisk Capital Markets & Advisory.
“Steve Fromm is one of the most experienced and skilled insurance investment bankers in the industry today,” says Tony Ursano, President of TigerRisk Partners. “Over his 25-year career, Steve has played an important role in many of the deals that have shaped our industry. He is a sharp, strategic thinker and an invaluable addition as we continue to deliver unique and integrated risk, capital and strategic advice to our clients and prospects.
Neotas, a ‘digital intelligence’ business which provides enhanced due diligence and HR screening, has closed a funding round of over GBP1 million backed by Symvan Capital, Force Over Mass and a number of private investors.
The London-based company analyses individuals’ ‘digital trails’ to provide deeper insights into their background, behaviour and networks. The service enables investors and employers to screen key personnel, safeguard their investments, mitigate against fraud and insider threats and evidence compliance standards.
Neotas’ advanced digital intelligence platform, which is operated by former military and intelligence analysts, leverages open source intelligence (OSINT). This includes analysis of international
A business which has developed a better and safer X-ray technology has completed a GBP1 million funding round which will allow it to bring its systems to market.
IBEX Innovations, which is based in Sedgefield, County Durham, has secured investment from the new North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia Fund Managers, and an existing investor, IP Group plc.
The funding, which will create 13 new jobs, will help drive adoption of the IBEX technology in the global healthcare market.
IBEX’s systems, which fit to existing X-ray machines, improve
Innova Capital, a CEE private equity fund, is to acquire 33 per cent of the shares in OSHEE, a provider of isotonic and functional drinks in the Polish market.
In the last 10 years, OSHEE became the indisputable leader on the Polish sports and vitamin functional beverage market, selling its products to 45 countries on 6 continents and generating revenues of approximately PLN250 million. In 2017, the Company acquired Kinga Pienińska, a high-quality mineral water producer in Poland. Following the integration of both companies and the expansion of the production facility, the production capacity in mineral water increased almost threefold.
Hogan Lovells has advised Monzo, a UK digital, mobile-only bank, on its biggest ever crowdfunding round. Monzo has just published a prospectus in connection with a GBP20 million raise from its existing customers.
This follows the close of GBP85 million of funding in October this year from General Catalyst, Accel and existing investors, on which Taylor Wessing advised.
The Hogan Lovells team was co-led by London Corporate Partners Richard Diffenthal and Daniel Simons, working alongside Monzo relationship Partner Jon Chertkow, assisted by Nagham Al-Turaihi and Peter Finch. The Taylor Wessing team was led by corporate technology specialists, Adrian Rainey
Private investment firm Atar Capital has completed the acquisition of Microcel Corporation, a distributor of technology products in Canada, partnering with Rick Henry, Founder of Microcel.
Henry will remain a shareholder and will continue as Microcel’s President and CEO. The transaction was officially closed on Monday 19 November 2018.
“We are excited to partner with Rick and the Microcel team on this transaction. We see tremendous opportunity in Canada’s growing retail and e-commerce markets,” says Cyrus Nikou, Founder and Managing Partner at Atar Capital. “Microcel’s best-in-class portfolio of brands within the Canadian consumer electronics space, complimented by Atar’s direct-to-consumer,
Duff & Phelps has appointed Nadine Stuttle as a managing director in the Legal Management Consulting Practice (LMC), based in Zurich.
Stuttle brings over 18 years of experience advising intellectual property (IP) and legal clients on technology implementation, global IP management and operational improvements. She will draw on this expertise to lead and expand the LMC practice in Switzerland and EMEA.
Hassan El Asraoui, Managing Director and Global Head of the Legal Management Consulting practice at Duff & Phelps, says: “As legal and compliance business environments evolve, clients strive to increase efficiency and demonstrate measurable value, and they look
NWT, a Mauritius-based full service fund administration firm that forms part of the AXYS group of companies, has selected the Pacific Fund System’s PFS-PAXUS fund administration system for its third-party fund admin business operations.
PFS-PAXUS offers a complete back-office fund accounting, portfolio valuation, fund pricing and transfer agency administrative solution that includes regulatory reporting, on a single, fully integrated system that satisfies the needs of the most sophisticated fund administrators.
NWT provides a full array of fund administration services for both open and closed-ended collective investment schemes including hedge funds, private equity investment vehicles and venture capital funds.
Hermes Investment Management, the USD46.9 billion manager, has appointed Nachu Chockalingam as Senior Emerging Market Debt Portfolio Manager.
Based in London, Chockalingam reports into Fraser Lundie, Co-Head of Credit. She will help manage the performance and risk of existing emerging market allocations across all liquid credit strategies. This includes the Hermes Unconstrained Credit Fund, which was launched in May 2018 and has since raised USD386 million. The fund invests across the global liquid credit spectrum, which includes emerging market debt, along with investment grade, high yield, convertibles, asset-backed securities and loans.
Chockalingam joined Hermes from Jupiter, where she worked
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
