Latest News
HIG Capital has sold its portfolio company Amerijet Holdings to an affiliate of ZS Fund, a middle market focused private equity firm.
Since its founding in 1974, Amerijet has grown from a small charter service operator to the leading provider of cargo and logistics solutions to the Caribbean and Latin America.
It operates a fleet of 10 aircraft, offering scheduled and charter cargo services and transporting over 200 million pounds of freight annually. The company maintains its main cargo and flight hub in Miami, a network of field offices throughout the US, and has over 200 agents across 137
- 26/07/2016
- 26/07/2016
Nasdaq Nordic is planning to make changes to the Alternative Investment Funds market on Nasdaq Copenhagen.
The changes include renaming the current market segment OMX CPH Other Collective Investments and adding two new instrument subtypes, AIF and Capital Associations.
In addition, Turnover Lists Foreign funds – indicativeNAV and Other Collective Investment Schemes will be renamed. Related List population Other Collective Inv.DKK will also be renamed and an additional List Population created.
The AIF changes are planned for INET and GCF production as of 5 September 2016 and testing will be available in INET Test (NTF) and GCF
- 26/07/2016
Mid Europa Partners, a private equity firm focused on Central and South Eastern Europe, has acquired full control of CEE road freight transport company Waberer’s International Nyrt by acquiring the shares held by the founder and CEO György Wáberer.
As a result Mid Europa has increased its stake from 56.8 per cent to 97.1 per cent in the company.
Waberer’s is the largest road transport company in Hungary and one of the largest road freight transport companies in Europe, operating a fleet of 3,500 trucks with a regional presence in Belgium, Germany, France, Italy, the Netherlands, Poland and the
- 26/07/2016
Backstop Solutions Group, a provider of cloud-based solutions for hedge funds, funds of funds, pensions, endowments, private equity firms, consultants and family offices, has expanded into the Asia Pacific region with the opening of its sixth office and the hiring of seasoned industry professional Steve Au (pictured) as director of institutional sales – APAC.
Au brings more than 10 years of multicultural sales and management experience to Backstop, having a deep understanding of alternative investments, hedge fund and private equity technology and operational requirements. He previously spent time in senior sales and management positions for Charles River Development and Eze
- 26/07/2016
Knight Corporate Finance has added Steve Stuart to its team bringing his 30 years of experience in financing and business strategy to focus on business development opportunities and to review fund raising opportunities for sister company Knight Ventures.
Formerly a partner at Brabners Stuart Corporate Finance and Ernst & Young, Stuart has extensive experience in funding in the media and technology sectors, across the UK and into Europe.
“In the past year I reassessed where I wanted to be in my working life and decided to embark on new projects and ventures where I could provide input and insight as
- 26/07/2016
Israeli private equity investments totalled USD1.6 billion in 29 private equity deals during the first half of 2016, notably below the USD2.1 billion closed in 53 deals in H1 2015, according to the latest IVC-Shibolet Private Equity Survey.
The two largest deals were performed in the second quarter, accounting for 67 per cent of total capital investments. The average PE deal in H1 2016 stood at USD53 million, a jump from the USD39 million average in H1/2015.
In Q2 2016, 13 Israeli private equity deals accounted for USD1.3 billion, a jump from the USD270 million invested in Q1 2016,
- 26/07/2016
Assured Guaranty has appointed David A Buzen as senior managing director of its newly formed alternative investments group.
Buzen was previously president and chief executive officer of CIFG Holding.
Additionally, Stan Cotek, formerly treasurer and managing director of finance and IT systems at CIFG, has joined the alternative strategies group as managing director, and Robert M Forant, formerly chief operating officer of AIG Global Risk Solutions & Multinational, has joined as director.
“We have known and worked with Dave Buzen for many years and seen his leadership ability in a variety of financial settings in and out of
- 26/07/2016
Lazard has appointed Christopher Mulshine as a managing director in its private capital advisory group, effective immediately. He is based in New York.
“Chris brings more than 15 years of experience as a trusted advisor to institutional investors and fund managers,” says William Riddle, managing director and head of Lazard’s private capital advisory group. “His insight and relationships will further bolster our expertise in credit and debt strategies as we increase our capabilities in this area to meet client demand.”
Mulshine joins from Credit Suisse Securities, where was head of capital services in the Americas. From 2005 to 2008
- 26/07/2016
Hargett Hunter Capital Partners, a North Carolina-based private investment firm focused exclusively on the hospitality industry, has acquired a majority stake in The Original ChopShop Co of Scottsdale, Arizona.
Financial terms of the investment have not been disclosed.
Founded in 2013, ChopShop is an emerging healthy fast casual restaurant concept serving fresh and organic bowls, salads, sandwiches and juice. ChopShop currently operates three units around the greater Phoenix area and was named the 2014 Emerging Restaurant of the Year by the Arizona Restaurant Association.
ChopShop co-founder, Ryan Jocque, will continue to lead the company’s brand positioning and the
- 26/07/2016
G-III Apparel Group, a designer, manufacturer and marketer of branded apparel and accessories, is to acquire Donna Karan International, parent of the Donna Karan and DKNY brands and owned by LVMH, for USD650 million.
The transaction is expected to close in late 2016 or early 2017.
Morris Goldfarb, chairman, chief executive officer and president of G-III, says: “Donna Karan International is an iconic global fashion company. Its lifestyle aesthetic resonates well with consumers throughout the world. We are excited to build upon its strong foundation as we seek to capitalise on a significant market opportunity. Donna Karan brings increased
- 26/07/2016
Special Reports
Featured
- Intel
- May 3, 2024
- Intel
- May 2, 2024
- Intel
- May 1, 2024
- Intel
- April 30, 2024
- Intel
- April 29, 2024
- Intel
- April 26, 2024
Events
16 May, 2024 – 8:30 am
16 May, 2024 – 5:30 pm
05 June, 2024 – 8:30 am
12 September, 2024 – 8:30 am
