Latest News
Intertrust has appointed Cliff Pearce (pictured) asnted Global Head of Capital Markets. Pearce has over 20 years’ experience working in Capital Markets with premier financial institutions and funds, originating and delivering structured finance transactions to a wide range of clients.
Pearce, who joins from the Bank of America Merrill Lynch, is replacing Robert Berry who recently retired from Intertrust.
In his new role, Pearce will oversee and build on Intertrust’s unique global offering of capital market solutions, with a strong market share in the UK, Ireland, the Netherlands, Luxembourg and Cayman. He will also be responsible for developing a
Early-stage venture capital firm True Ventures has closed True Ventures Select II, a new USD112 million fund focused on supporting the firm’s existing portfolio companies later in their life cycles.
Select Funds make later-stage investments in companies funded by one of True’s core funds (I, II, III, IV or most recently V). The companies have demonstrated product market fit and are generally exhibiting significant traction and product revenues.
“Our Select strategy has proven to be a very successful way to further embolden our best companies, while at the same time providing our Limited Partners with proprietary access to some
The Russian Direct Investment Fund (RDIF), Russian Railways International, alongside the Indian state engineering and construction company Ircon International Limited have agreed to jointly identify and invest in investments into railway infrastructure projects in Russia and India in order to improve commercial, economic and investment cooperation between the two countries.
The relevant agreement was signed as part of the Saint Petersburg International Economic Forum.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), says: “Partnership with Ircon International will allow RDIF and Russian Railways to expand investment geographies and gain access to attractive new markets in Asia. We
EISER Finance Limited (EISER) has reached financial close on a portfolio sale of assets to a fund managed by 3i Group plc (3i) from the EISER Global Infrastructure Fund (EGIF).
As part of the original sales agreement with 3i, EISER’s existing investors in EGIF were offered the opportunity to choose liquidity or to remain invested in the assets through a right to reinvest into the new fund managed by 3i.
The portfolio sale includes all of EGIF’s UK assets, Belfast City Airport and ESP Utilities; its remaining Italian assets HERAmbiente, the Italian waste treatment and disposal company; as well
Atlas Venture has appointed Kevin Bitterman as a partner. Bitterman brings a wealth of experience and an accomplished record in startup creation and venture investing.
“I couldn’t be more thrilled to join Atlas at such an exciting time for the firm,” said Bitterman. “Atlas has a deep commitment to transforming medicine through groundbreaking science and a rich history of partnering with entrepreneurs at the earliest stages of company inception. I’m looking forward to contributing as the team builds the next generation of great biotech companies.”
“Kevin is an exceptional venture investor who brings proven company creation skills and deep scientific
Private markets investment firm Adams Street Partners (Adams Street) has established a new Munich office led by veteran industry professional Martin vom Hagen.
Vom Hagen joins the firm as a Partner and will focus on the development of institutional client and consultant relationships within Germany, Austria, and Switzerland as the firm expands its efforts in the region.
“Adams Street Partners is excited to announce our new Munich office,” says Jeff Diehl, Managing Partner at Adams Street. “Being ‘on the ground’ in Munich enables us to provide our clients with a geographically relevant perspective on private markets. We have been present
KKR has held the final closing of KKR Asian Fund III, a USD9.3 billion fund focused on investments in private equity transactions across the Asia Pacific region.
“The Asia market offers many compelling investment opportunities in private equity given its secular growth and attractive valuations,” says Joseph Bae, KKR Member and Managing Partner of KKR Asia. “This flagship fund is a testament to KKR’s ability to drive meaningful growth and value creation in our investee companies as a partner of choice to leading Asian businesses, families and management teams.”
Ming Lu, KKR Member and Head of Asia Private Equity, adds: “We see a diverse
By A J Alex Gelinas (pictured), Sadis & Goldberg LLP – President Trump has made tax reform a priority and the election of a Republican-controlled Congress has created the possibility for major changes in federal income tax and estate taxes. Despite the current in turmoil in Washington DC, there is a general belief that some sort of major tax reform will be enacted in 2017 or 2018.
On April 26, President Trump unveiled a one-page summary of the “2017 Tax Reform for Economic Growth and American Jobs” (the Trump Proposal). The President’s press release described the Proposal as the “biggest
CIC Capital Canada, a member of the French banking group Crédit Mutuel CM11-CIC, has launched a USD500 million North American Growth Fund, with USD150 million dedicated to Canada, mainly for investment in Quebec and Ontario companies.
Established in Montreal since 2010, CIC Capital has managed the Emerillon Capital venture capital fund, a partnership with Desjardins, since 2013. This fund holds equity positions in a dozen promising Quebec and Ontario technology businesses and was an investor in Maluuba, an artificial intelligence company acquired by Microsoft in 2017.
In Canada, the new North American Growth Fund targets mainly CAD5 million
Alternative investment specialist LGT Capital Partners has completed the acquisition of European Capital Fund Management, a London- and Paris-based private debt manager, from Ares Capital.
European Capital’s funds will remain managed by the same team led by Matthew Gordon Clark, Etienne Haubold, Stéphane Legrand and JC Morales Cortes.
The European Capital team now constitutes the new private debt competence centre of LGT Capital Partners.
With all legal and regulatory approvals obtained, LGT Capital Partners’ acquisition of European Capital, announced in March 2017, was completed on 31 May 2017. The European Capital team of more than 28 specialists
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
