Latest News
Foresight Group (Foresight) has invested several million pounds of growth capital from Foresight VCT (FVCT) into PowerLinks Media Limited (PowerLinks).
The investment completes a larger Series A round of funding, with additional participation from leading angel investors and PowerLinks management.
PowerLinks is a software platform, which automates the buying and selling of personally relevant and user-friendly “native” advertising. PowerLinks is emerging as a leader in a new generation of advertising platforms, connecting advertisers and publishers in a data-rich marketplace, which processes over 6 billion auctions each day. Ads are bought and sold in real-time, based on precisely defined customer
An affiliate of Blue Wolf Capital Fund IV has acquired a majority stake in Petrosmith, a provider of production equipment and oilfield tubular goods (OCTG) to the domestic oil and gas industry. Terms of the transaction have not been disclosed.
Petrosmith manufactures a broad suite of tanks (including oilfield storage tanks and gun barrel tanks) and vessels (including heater treaters, separators and vapour recovery towers) used by large E&P companies primarily in the Permian Basin, Eagle Ford and Mid-Continent region. The Company also sells a variety of new and used OCTG and provides a wide array of OCTG refurbishment services.
Orion Energy Partners, a private equity firm providing creative capital solutions to middle market energy infrastructure businesses, has closed Orion Energy Credit Opportunities Fund II. The fund was oversubscribed with commitments totalling USD816 million, exceeding the target fund size of USD750 million.
Capital commitments to Orion Energy’s new fund represent major global investor markets, with nearly 50 per cent from the US, approximately 20 per cent from the UK & Europe and the remainder from Australia. The investor base comprises multiple state and corporate pension plans, endowments and foundations, asset managers, family offices and high net worth individuals. Together with
Investment and strategic advisory firm Brown Advisory is teaming up with network-driven venture capital firm, NextGen Venture Partners (NextGen).The NextGen team will officially join their new Brown Advisory colleagues in offices across the United States from 22 February.
NextGen was founded by investment industry veterans Dan Mindus and Brett Gibson as a means to bring their Washington, DC-based network together to make more informed and successful venture capital investments. Today, the firm has a national network of over 900 entrepreneurs and investors that source, analyse, support and invest in startup companies.
The growth of their organisation has been driven
King & Spalding has appointed Kevin Glenn as a partner in the firm’s New York office. Glenn, a former partner at KPMG, joins the firm’s Corporate, Finance and Investments practice group, which includes the firm’s tax practice, to provide US tax advice to US and foreign multinational companies on cross-border financing, joint venture, and M&A transactions.
Glenn spent over 25 years at KPMG, where clients sought him out for his extensive experience in supply chain planning, post-merger global integration, cash repatriation, and foreign tax credit planning. His practice cuts across multiple industries including consumer products, financial institutions, automotive, retail and
Ares Management has appointed Myles Gilbert (pictured), former Managing Director at Cambridge Associates and Co-Chairman of its Credit Investment Committee, as Partner, Head of Investor Strategy & Solutions.
In this newly formed position, he will oversee a team of professionals within the Ares Strategy & Relationship Management Group. He is charged with supporting new product development, coordinating cross-platform mandates and overseeing consultant strategy.
Mike Arougheti, Co-Founder, Chief Executive Officer and President, says: “There has been a notable uptick in the number of large investors looking to develop significant strategic mandates across our platform – which I believe speaks to
There has been a 65 per cent jump in the number of firms referred to the Regulatory Decisions Committee, suggesting an acceleration in FCA investigations, according to Cleveland & Co, the boutique legal advisory business.
Information provided to Cleveland & Co by the FCA shows there were 476 firms in 2017 that were referred to the Regulatory Decisions Committee (RDC) in 2017, a significant rise from the 289 in 2016.
The RDC makes certain decisions on behalf of the FCA relating to enforcement and supervisory actions for firms, as well as firm authorisations. The RDC is the final stage
A new report entitled ‘Plant-based profits’, backed by a USD2.4 trillion coalition of 57 large investors, has urged global food companies to diversify their protein sourcing away from a reliance on animal proteins.
An analysis of 16 multinationals concluded that Nestlé and Tesco were best positioned to benefit from a transition to alternative plant-based proteins. Other companies engaged included Kraft Heinz, General Mills and Unilever.
The investor coalition is coordinated by the FAIRR initiative, founded by private equity pioneer Jeremy Coller (pictured), and includes pension funds such as AP2, AP3 and AP4 and institutional investors such as Aegon, Aviva Investors,
Gusto Restaurants has appointed Matt Snell as its new Managing Director. Snell recently joined the group as Commercial Director and will take over the reins from current MD Sue Crimes in April. Crimes will move into a Non-Executive board position as part of a planned succession process.
Gusto’s Chairman, Jeremy Roberts, says: “Matt brings a wealth of relevant experience to the role and we are very excited at his appointment. He will bring a different perspective and outlook to the business, enabling him to build on the strong foundations laid to date.”
Snell says: “Sue and the team have
Leading independent fund and corporate services provider, the Aztec Group, has made two senior promotions in Jersey with Michael Wood and Erique Mvalo both being appointed as directors within the private equity team.
Wood and Mvalo have played a vital role in the growth of the Group’s private equity offering, which was recently named Jersey’s leading fund administrator with USD77.5 billion net assets and 144 funds in the 2017 Monterey Report.
Wood has been with the Aztec Group for over 10 years, joining as a Client Relationship Manager in 2006. Over the years, Wood has watched the Group go
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
