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Triloma EIG Global Energy Term Fund I has begun investment operations with an investment in senior secured notes issued by Sabine Pass Liquefaction (Sabine Pass). Sabine Pass is a project company formed to own, develop and operate natural gas liquefaction facilities in Cameron Parish, Louisiana. The notes, which mature on 15 March, 2022, are secured by a first lien security interest in substantially all of the assets of Sabine Pass. The project is supported by fixed price, 20-year liquefied natural gas (LNG) sale and purchase agreements with investment grade counterparties. In February 2016, the project achieved a milestone when the
Private equity firm Main Post Partners has held the final closing of its inaugural fund, Main Post Growth Capital, with a total of USD400 million in third-party limited partner commitments, well in excess of its initial target of USD250 million. The fund received commitments from a select group of prominent investors, including college endowments, insurance companies, family offices, corporate and state pension funds, fund-of-funds and high net worth individuals. Main Post Partners' principals and its executive network also contributed significant capital to the new fund.   "We are very grateful to have the trust and support of a distinguished group
Cleveland-based private equity firm Linsalata Capital Partners (LinCap) has promoted Jeffrey S Wahl to Managing Director and Operating Partner, Murad A Beg to Managing Director and James V Guddy to Principal. Wahl joined Linsalata Capital Partners in 2014 after a 30 year career of progressive operating roles, most recently as President and CEO of EdisonLearning, a private equity-backed international education services provider. Before Edison, Wahl was Executive Vice President and COO at Outsourcing Solutions Inc, a private equity backed global leader of business process outsourcing and revenue cycle management. Prior to that, he rose through senior level positions at GE
Jim Minnick, eVestment
eVestment has expanded its private equity performance analytics capabilities to meet the needs of institutional investors with the addition of new functionality to TopQ – eVestment's solution for the private equity market. eVestment is continuing to work towards its commitment of providing institutional quality data and analytics across all major asset classes.   With these improvements, eVestment and TopQ users will see further enhancements to eVestment TopQ's private equity performance analysis functionality. Additions include the Direct Alpha public market equivalent (PME) analysis methodology in TopQ's PME module. PME analysis enables managers and investors to understand the relative performance of private equity compared
Private equity and investment advisory firm CVC Capital Partners (CVC) has hired Chris Colpitts as a Senior Managing Director and Head of Telecommunications, Media and Technology (TMT) in the US. Colpitts will be based in CVC’s San Francisco office. Colpitts joins CVC from Deutsche Bank, where he was Global Co-Head of TMT Investment Banking based in San Francisco. Chris has over 18 years’ experience working in the San Francisco and Bay area with local and global technology companies, including Avago Technologies’ acquisition of Broadcom Corporation which was the largest strategic transaction in the technology sector since 2000. Prior to joining
Blackrun, a non-traditional investment platform, has launched a new investment vehicle, Half the World Holdings, which supports businesses that target women as their end consumer. As part of the launch, Blackrun has signed two term sheets: EmbraceHer, a maternal health technology company, and Siren, a modern-day relationship platform.   Blackrun Ventures Co-Chairman Mark Pawley, sees the clear opportunity: “We recognise the multidimensional nature of women’s lives and that the pragmatic solutions they seek at different life stages often come from companies founded by women who themselves experienced a similar problem. We have a strong pipeline of complementary investments on the horizon, and
Jersey Finance William McGillivray
Jersey Finance has appointed William McGilivray as Business Development Director for London. In his new role, McGilivray will be the main representative for Jersey Finance in London with responsibility for identifying opportunities and building relationships between Jersey and the City, and for supporting member firms with their private wealth management, funds and capital markets growth strategies.   During a 20-year career in the financial services industry, William has worked closely with ultra-high net worth (UHNW) families and has also focused particularly on alternative investment funds.   Jersey Finance’s Deputy CEO, Richard Corrigan, says: "We are delighted to have William on
Fast Data analytics software vendor Intersec has closed a USD10 million funding led by Omnes Capital, Cisco Systems, Harbert European Growth Capital and its banks, who join Innovacom, Highland Capital Partners Europe and CMC-CIC Innovation. With a strong 50 per cent growth on its core market in 2015 resulting in many new software platforms sold to both existing and new customers, Intersec has now delivered platforms to customers on every continent, expanding its original European and African base to all other regions of the world.   The company’s live solutions address various needs, from Location Data Monetization to Data Analytics
Investment in UK technology companies by private equity firms has reached its highest level since 2012, totalling GBP1.93 billion in 2015, according to international investment bank Altium. The latest figures represent a 124 per cent rise on 2014, where deal values reached GBP865 million. The data, provided by Experian Corpfin, showed that average deal size value stood at GBP50.9 million in 2015 – up 189 per cent from the GBP17.6 million average in 2014.   The largest transaction in the last 12 months was the GBP499 million buyout of insurance technology firm Innovation Group by American private equity firm Carlyle.
Paul Kneen
Pacific Fund Systems is a global leader in supporting investment fund accounting and administration through its integrated share registry/fund accounting platform, PFS-PAXUS. With fund administrators under increasing pressure from AIFMs to provide a broader suite of regulatory reporting services – most notably Annex IV reporting under AIFMD – demand has grown for integrated systems that can house fund data on a single platform. This is precisely what PFS-PAXUS offers, avoiding the need for reliance on multiple systems by utilising a single database infrastructure to deliver greater workflow efficiencies, reduced risk, and more timely valuations.  Two years ago, to keep pace

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