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The private equity team at Foresight Private Equity invested over GBP17 million into nine companies across the UK during the last quarter of 2016. The Foresight Regional Investment Fund, targeting companies in the North West of England, North Wales and South Yorkshire, supported by Foresight’s new Manchester office, has already deployed one third of funds within its first 12 months and has a strong pipeline of investment opportunities under consideration.   The Foresight Nottingham Fund has now made investments into 12 companies and is over 50 per cent deployed. Portfolio company TheIdleMan.com announced a further investment from Channel 4 in
Kartesia, a provider of financing solutions for small and mid-sized European companies, has provided EUR10 million financing to GT Motive, a software provider for the European automotive insurance market. The company was born out of an alliance between the European company GT Motive and America's Mitchell International.   The new company formed from this alliance is seeking to revolutionise the European market with its communication platforms and claims management systems.   Jaime Prieto, managing partner at Kartesia, says: “We are pleased to support GT Motive and its management team in expanding across Europe. The investment made over the last few
UpWest Labs, Singulariteam and OurCrowd Funds were the most active venture capital funds in Israel during 2016, according to a report from IVC Research Center, in cooperation with Israeli law firm APM & Co. All three completed eight first investments in 2016, and while considered early stage, low-placement, small funds, their new portfolio strategies in 2016 were varied.   UpWest Labs, a micro VC with approximately USD9 million under management, performed six first investments in seed rounds, in addition to two A rounds.   Singulariteam, managing a total of USD152 million in three funds, evenly split its eight first investments
M&A deals in Central-Eastern Europe peaked in value in 2016 at EUR86.7 billion, a 62 per cent increase compared to 2015 and the highest result since 2013. This is according to the Emerging Europe M&A report 2016/2017, published by CMS in cooperation with EMIS.   With 1,985 transactions, the CEE region experienced a 7 per cent decline in the volume of announced deals, but their median value increased by EUR2 million to EUR11.2 million.   Helen Rodwell (pictured), partner, CEE corporate practice, CMS, says: “Dealmakers acted cautiously as global economic growth remained weak, amid uncertainty about election and referendum results. Confidence
SVL Business Solutions is to acquire a 25 per cent equity interest in Liquid Voice, a developer of enterprise call recording and contact centre solutions. Peter Gough, sales and marketing director of SVL Business Solutions, says: “This investment is the latest development in a long-term strategy to diversify our business, and consolidate our position as the UK's leading provider of contact centre and public safety control room solutions. Liquid Voice provides a range of latest generation solutions that perfectly complements our current portfolio of high end products and services. It will enable us to significantly expand our customer base across a wide
AlphaCore Dick Pfister
Alternative investment advisory firm AlphaCore Capital has doubled its assets under administration to approximately USD205 million following the acquisition of a San Diego-based registered investment adviser and the addition of five new team members. The firm's expansion will double assets under advisement, with approximately USD205 million as of year-end, after launching less than 24 months ago.   The firm has used alternative investments as the central theme in well-balanced portfolios. The recent expansion will increase the firm's capacity to serve the increasing number of investors and advisers who are turning to alternative investments as a core part of their investment
Moore Management has assisted Bank Saint Petersburg (BSPB) with the launch of its first private equity fund structure, BSPB Capital VPF. One of the largest Russian regional banks, BSPB has key operations in Saint Petersburg, Leningrad Region, Moscow and Kaliningrad and is one of the top 20 Russian banks.   The fund will focus on private equity investments aimed at high growth technology companies across Russia and the wider globe. The fund is the first investment structure launched by BSPB and plans to raise between USD30 million and USD70 million, with the investor base consisting primarily of BSPB’s own capital
Baird Capital, the direct private investment arm of Robert W. Baird & Co, has appointed Andy Tse as a partner to help lead the firm’s investment efforts in Asia. Tse is a member of Baird Capital’s global team working to identify and pursue investments in the technology & services sector.   A veteran executive with more than 20 years of private equity experience, Tse most recently served as managing director of AIF Capital where he led investments in industrial and services sector across Greater China, South Korea, South East Asia, India, Sri Lanka and Australia.   Prior to AIF Capital,
Private equity firm Arsenal Capital Partners has appointed Joseph M Salley, former chief executive officer of Milliken & Company, as an operating partner working within the firm's specialty industrials group. Salley served with Milliken & Company for 20 years, holding a variety of positions at this leading, privately-held, multi-billion-dollar, diversified industrial company. Most recently, he served as president and CEO since 2008. Prior to that, he served as chief operating officer since 2006.   Milliken has 5,000+ patents worldwide, 35+ manufacturing facilities globally, and more than 7,000 associates. Throughout this same period and in the 14 years prior, Salley overhauled Milliken's
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StepStone Infrastructure and Real Assets (SIRA), a global infrastructure and real assets advisory and asset management team within StepStone, has made a number of new senior appointments globally, bringing the investment team to almost 30 professionals. Todd Lapenna, formerly at CalPERS in the US, has joined as a partner, based in New York. Varun Kapoor, formerly at Hastings Funds Management in the US and Australia, has joined as the head of investment operations, based in Sydney, and Sid Chandrasekaran, formerly at GIC in Singapore, has joined as an investment manager based in London.   James O’Leary, partner and head of

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