Latest News
Private equity chief financial officers (CFOs), facing pressures including increased investor scrutiny and intensifying market competition, are seeking operational success via different pathways, according to the EY 2018 Global Private Equity CFO survey: ‘Operational excellence: one path or many?’
The fifth annual survey of 110 private equity (PE) CFOs – ‘Operational excellence: one path or many?’ – finds that many firms, especially larger firms with over USD2.5 billion in assets under management (AUM), consider technology transformation and talent development as key priorities, while smaller firms (under USD2.5 billion AUM) are more likely to view outsourcing as an alternative.
Mike
Vectra Co (Vectra), a portfolio company of certain funds managed by affiliates of Apollo Global Management, has signed a definitive agreement to sell its EaglePicher business to affiliates of private equity firm GTCR.
EaglePicher is a provider of power and energy solutions for mission-critical applications with over 170 years of materials and electrochemistry expertise. The company is focused on specialised applications within high growth areas of defence, aerospace and medical products. As part of the transaction, it is anticipated that the existing management team at EaglePicher and its approximately 800 employees will remain with the business upon the closing. Terms
Aspect Ventures, an early stage venture capital firm in Silicon Valley, has closed its second institutional venture fund of USD181 million, above the top end of its target range.
The firm will use the funds to continue to invest in early stage technology companies.
Aspect was founded in 2014 by industry veterans Jennifer Fonstad and Theresia Gouw and raised its first institutional fund of USD150 million in 2015. The firm boasts an impressive roster of over 25 portfolio companies. Fund I investments include cybersecurity providers Forescout Technologies, Cato Networks, and Exabeam, future of work-focused companies Crew, Gusto, Chime, and
Brand Industrial Services, known as BrandSafway, has acquired Venko Groep BV, a portfolio company of Mentha Capital, effective 1 January, 2018.
Moving forward, the company will operate as Venko, A BrandSafway Company and become a part of Brand Energy & Infrastructure Services (Brand) in Europe.
“We’re excited to announce the closing of the acquisition of Venko,” says Dave Witsken, President of Energy and Industrial for BrandSafway. “Venko is a leading offshore coatings maintenance provider for platforms in Europe. By leveraging the highly specialised knowledge and capabilities of Venko, we will be able to provide expanded coatings services to Brand’s European customers.
Tikehau IM, a subsidiary of Tikehau Capital, has arranged a EUR14.4 million add-on Unitranche to support Terratest’s acquisition of Geostructures, a US-based provider of ground improvement services for commercial, residential and institutional construction.
Founded in 1959 in Spain and majority owned by Platinum Equity since 2014, Terratest is a leading international provider of foundation work, ground improvement and micro-tunnelling services for large-scale international infrastructure projects, industrial, commercial and residential construction.
In May 2017, Tikehau led the refinancing of Terratest with a EUR60 million Unitranche. This transaction is another illustration of Tikehau IM’s expertise to offer private debt financing solutions
By George Ralph, RFA – Last year was all about the compliance; with MiFID II and GDPR, about understanding your data, knowing where it is, protecting it and how to extract what you need to report to the right authorities, within the nominated timescales.
This year may be a tough year for the alternative investment sector and for hedge funds, with Agecroft Partners, in its annual predictions post, suggested that as many as 90 per cent of all hedge funds do not justify their fees, don’t deliver good returns and could be in danger of closure in this overcrowded market.
The Alternative Investment Management Association (AIMA) has published a GDPR Implementation Guide to help members understand and comply with new EU-wide rules that come into effect on 25 May.
The General Data Protection Regulation (GDPR), which replaces the EU Data Protection Directive, represents the biggest change in EU data privacy law in a generation. Due to the GDPR’s extraterritorial scope, the Guide is relevant to alternative investment managers whether they are based in the EU or elsewhere.
The new rules cover how organisations process personal data and extend to the activities of non-EU organisations that offer goods or services to
Vinson & Elkins has expanded its global corporate practice with the addition of acquisition and leveraged-finance partner Paul Simcock in London.
With nearly two decades of experience in leveraged finance, Simcock joins V&E from Jones Day where he worked with clients on multi-billion dollar matters across a variety of leading industries, from retail and real estate to life sciences and mining.
“Our corporate team has been growing rapidly, and with the addition of another top-tier hire, we’re positioned to push even further into one of the leading finance capitals of the world,” says London-based Jeff Eldredge, co-head of the
Monarch Private Capital (MPC) has appointed Matt Bagwell as Director of Asset Management.
Bagwell will be responsible for managing a portfolio of real estate investments that are under construction, in lease-up, or are stabilised.
Over the past decade, Bagwell’s work in the real estate industry allowed him to gain extensive knowledge working with LIHTC investments in the construction, lease-up and pre-conversion stages, as well as acquisitions and dispositions. He also managed relations with industry professionals and large portfolios of real estate.
Bagwell has held various positions specifically related to LIHTC. Prior to joining MPC, he served as Executive
Private equity firm Mid Europa Partners has completed the acquisition of Hortex, a consumer goods player in Poland, operating in juice and frozen food sectors.
Hortex is the largest manufacturer of branded frozen food and second largest juice producer in Poland. The Company has one of the most iconic and recognisable FMCG brands in Poland and CEE, state-of-the-art production facilities, and nationwide distribution capabilities. Mid Europa will support Hortex in executing strategic initiatives, including new product development, expansion into adjacent categories and selective add- on acquisitions.
The transaction was executed by Berke Biricik, Marek Rodak, Bartosz Malecki, and Elzbieta
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
