Latest News
Assetz Capital has facilitated trading in second-hand loan parts of GBP300 million on its secondary market since its inception.
Trades on the secondary market (or aftermarket) have given a whole new range of investors access to loans in Assetz Capital’s various non-access accounts, including the Manual Loan Investment Account, Great British Business Account and Green Energy Income Account. Secondary market trading is important for those who find they need access to their cash sooner than the end of the loan term and also to assist in them rebalancing their portfolio diversification over time.
In addition to the GBP300 million worth
Independent fund and corporate services provider, the Aztec Group, has appointed private equity specialist Dean Tower as Associate Director of its UK operations.
Based in Southampton, Tower will take on relationship management responsibilities for the delivery of fund services to a portfolio of UK-domiciled private equity funds. He will also play an integral role in both business development and strategic initiatives designed to grow and strengthen the Group’s onshore UK operations.
Formed in Jersey in 2001, the Aztec Group has had a presence in the UK since 2007, when it first opened an office in London. Three years later,
Global law firm Ropes & Gray has advised Bain Capital Private Equity on its acquisition of NGA UK – a leading UK-based software provider of payroll and HR solutions – from NGA Human Resources.
The financial terms of the proposed transaction, which is expected to close in early 2018 subject to anti-trust and FCA approvals, have not been disclosed.
The Ropes & Gray team was led by private equity partner Will Rosen, with tax partner Brenda Coleman, IP transactions partner Rohan Massey and private equity partners John Newton and Kiran Sharma, all based in the firm’s London office.
By Nick Bayley (pictured), Duff & Phelps – With less than three months until the introduction of MiFID II, in some parts of the industry there is a palpable sense of panic as the deadline looms. Following the 20 September speech by FCA Enforcement chief Mark Steward, firms can take some comfort that the FCA will not immediately enforce MiFIDII in its entirety, provided firms can demonstrate that they have taken “sufficient steps to meet the new obligations”.
Although firms might not have all their ducks in a row, there are likely to be a couple of areas they should prioritise.
Brookfield Asset Management’s Public Securities Group is to acquire Center Coast Capital Holdings,, an affiliate of Center Coast Capital Advisors, LP (“CCC”), a Houston-based SEC-registered investment adviser focusing on energy infrastructure investments, including master limited partnerships (MLPs), with over USD4 billion in assets under management.
In conjunction with the transaction, Brookfield also will acquire certain assets of Liberty Street Advisors (Liberty Street), a New York-based SEC-registered investment adviser that serves as the investment adviser to the Liberty Street family of funds. Additionally, Brookfield will acquire certain assets of Liberty Street’s affiliates, HRC Fund Associates, and HRC Portfolio Solutions (collectively, HRC),
Livingstone has promoted Barry Sheehan to Director and Will Evans and Tom Reece to Associates, as it continues to invest in developing talent from within the firm.
Sheehan works across the Business Services and Industrial sectors and is widely respected for his knowledge and network within the Packaging sector. Since joining the firm in 2014 from Deloitte, he has advised on a broad range of transactions including the sales of Adare Advantage to Americk Packaging and the Electro-Ceramics division of Morgan Advanced Materials, the buy-out of Panther Logistics backed by LDC and the sale of Brookdale Care to Tracscare.
Evans
PerformLine, a regtech company that delivers automated compliance solutions, has acquired social media technology company Silverback Social, with former CEO Chris Dessi joining as VP of Sales.
Former Silverback Social CMO John Zanzarella will be joining PerformLine as Director of Sales and Marketing Operations.
Dessi was CEO of Silverback Social since 2012 and brings 20 years of sales leadership expertise in the software and tech sectors. He joined Silverback Social as CMO in 2013 and acted as CEO of the Westchester Digital Summit.
“This acqui-hire is a clear sign of how intelligently PerformLine is growing. When your customers are the
Global law firm Ropes & Gray and Japanese firm Anderson Mori have advised Bain Capital on its tender offer for Asatsu DK, Japan’s third largest advertising agency. The tender offer price for 100 per cent of the company is approximately JPY152 billion, or approximately USD1.38 billion – making it one of the largest buyouts in Japan this year.
The Ropes & Gray team was led by private equity counsel Saeko Inaba and private equity partner Tsuyoshi Imai, with support from finance counsel Ben Morris, all based in the firm’s Tokyo office.
It is the forth deal that Ropes & Gray
PrimaLoft, a materials science company specialising in advanced branded technical products including insulation, fabric, and yarn for outdoor, fashion, and other industries, has completed a management-led transaction to recapitalise the business.
The new investor group is led by private equity firm Victor Capital Partners in partnership with the private equity group at Allstate.PrimaLoft management will continue to maintain a significant investment in the business.Financial terms of the transaction were not disclosed.
Founded in 1988 and headquartered in Latham, NY, PrimaLoft is a leader in research and development of high performance materials for leading outdoor and fashion brands, as well as
Augentius has appointed industry veteran Erin Sarret as its new European Business Development Director.
The move follows another successive year of 20 per cent growth for the firm, and marks its intention to build on this expansion in a region blessed by record fundraising and beset by unique regulatory challenges.
Sarret, who will lead the growth initiative, is a well-known figure within the Private Equity and Real Estate industries, and will bring nearly two decade’s worth of top-tier experience to the role. Having originally qualified as a lawyer and been admitted to the Californian Bar in 1994, Sarret entered
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
