Latest News
Softbank’s decision to choose a Jersey-based financial services company to administer its USD100 billion technology fund is expected to lead to more funds domiciling in the island.
The Softbank Vision Fund was launched in October 2016 with the aim of becoming the biggest investor in the technology industry over the next decade.
The decision to have the fund administered in Jersey has been described as a “game changer” in the selection of fund domiciles by several attendees at the Jersey Finance Annual Funds Conference in London last week.
Christopher Griffin, counsel at law firm Carey Olsen, says Softbank’s choice
BGF Quoted has provided Accsys Technologies with a GBP12 million investment to support its growth strategy, including the development of the world’s first Tricoya wood chip manufacturing plant in Hull, along with expansion of its existing Accoya facility in the Netherlands.
BGF Quoted has provided funding alongside BP and Medite, the Irish MDF producer, who will own and operate the new site in Hull together with Accsys. Henderson Volantis and RBS are also supporting the venture.
London-headquartered Accsys develops and manufactures modified wood products used by construction and timber companies around the world.
Medite and Accsys have been
Quilvest Private Equity, the private equity arm of the Quilvest group, and Antoine Henry, former head of Sage France, have acquired Eudonet, a publisher and integrator of CRM solutions, from its current founders (Christophe Morizot, Bertrand de La Villegeorges and Guillaume Bouillot) and additional shareholders NAXICAP Partners.
The acquisition will be made through an organised divestiture process. Financial terms have not been disclosed.
Eudonet is a publisher and integrator of generalist and verticalised CRM (Customer Relationship Management) solutions. Available in SaaS, Cloud and On Premise mode, Eudonet solutions are adapted to the needs of any type of structure: SMEs,
German law firm Noerr is opening an office in Hamburg and admitting three partners from White & Case to the partnership, effective 1 April 2017.
At the same time, four Noerr partners will be joining the team in Hamburg.
By the summer, more than 20 advisers will be working for Noerr in its Hamburg office, with further growth planned.
Three partners from White & Case’s Hamburg office – Kai-Michael Hingst, Volker Land and Matthias Stupp – will be moving to Noerr.
Their practice areas focus on banking and financial regulatory law and financing (Hingst), corporate/M&A and capital
Middle-market private equity firm Genstar Capital has acquired Bracket, a scientifically-driven clinical trial technology and specialty services provider, from Parthenon Capital Partners.
Bracket offers solutions that help pharmaceutical and biotechnology companies, as well as contract research organisations, maximise clinical data integrity and ultimately improve outcomes with clinical trials.
Bracket has over 700 employees and delivers services in more than 90 countries to a diverse base of global customers, including 15 of the top 20 biopharma companies.
Jeff Kinell, chief executive officer of Bracket, says: "Bracket has built a strong reputation with its customers to help them increase efficiency
Tilak Healthcare, a start-up from the iBionext network developing medical video games for both the diagnosis and follow-up of chronic diseases, has secured funding of EUR2.5 million from iBionext Growth Fund.
The funds will help the company accelerate the development of its therapeutic mobile games, first targeting the ophthalmology field, with macular diseases.
The alliance of digital innovation and clinical expertise will allow Tilak Healthcare to offer screening and prevention solutions, thus leading to a better follow-up of many chronic diseases.
Edouard Gasser, CEO of Tilak Healthcare, says: “At Tilak we are proud to adapt the power of
A rise in interest rates, lower pricing and credit quality remaining the same are some of the predictions made by respondents to the inaugural market survey carried out by Proskauer’s private credit group.
Top lending institutions responded to the benchmarking survey with their predictions for the next 12 months. The results, in conjunction with market data Proskauer has collected from over 180 transactions in the last 12 months, provide an insight into market conditions and forecasts for the remainder of the year.
Respondents are also expecting competition to drive prices lower and leverage higher, while most also indicate that
Next Coast Ventures, a venture capital firm focused on investing in disruptive ideas and marketplaces, has hired venture partner Zeynep Young.
With experience as the founder and CEO of ed-tech company Double Line Partners, portfolio director at the Michael & Susan Dell Foundation and an associate principal at McKinsey & Company, Young brings experience in entrepreneurship, technology and the social sector.
She is currently the CEO of milk + honey, a wellness and beauty company with a portfolio of day spas, salons and products in the organic, luxury market.
“I’m thrilled to bring my expertise to a forward-looking
Clessidra SGR’s board of directors has appointed Federico Ghizzoni as executive deputy chairman and member of its investment committee.
Ghizzoni joined Clessidra in September 2016 as an independent board member, following the change of ownership of Clessidra by Italmobiliare.
Clessidra’s shareholders also appointed Matteo Canonaco as independent board member of the firm. Canonaco has an extensive experience in international investment banking.
“Clessidra and its investment team will further benefit from the competencies and skills of Federico Ghizzoni, who in his new role will support in particular, the origination and selection of investment opportunities,” says Mario Fera, CEO of
By Kulvinder Gill – The technology treadmill is a tough place to be these days. Technology refresh cycles last only a mere three years, forcing firms to replace their infrastructures and make costly software and hardware upgrades on a too-frequent basis. And with hedge fund budgets tighter than ever, many firms cannot afford to stay on this path.
But the hedge fund technology treadmill is not a firm’s only option. Costly in-house, ‘traditional’ IT services have given way to more cost-effective outsourced IT and managed services that get firms off the treadmill and on a path to success.
Let’s have
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
