Latest News
Nyca Partners, which was launched in 2014 by Hans Morris, a long-time Citigroup banker and former president of Visa, has held the closing of its second venture capital fund with more than USD125 million in total commitments.
Nyca closed its USD30 million first fund in July 2014. Over the course of the next 30 months, Morris along with Ravi Mohan, David Sica, and Jeff Reitman, and five Investment Partners: Osama Bedier, Brian Finn, Max Levchin, Tom Miglis, and Charlie Songhurst, invested in more than 30 companies across four distinct fintech subsectors: merchant payment solutions, alternative credit, digital advice, and financial
An affiliate of private equity firm Veritas Capital is to acquire Harris Corporation’s government IT services business for USD690 million in cash.
Proceeds from the transaction will be used to support the company’s capital allocation strategy, including pension pre-funding and share repurchases.
The transaction is subject to regulatory review and other customary closing conditions and is expected to close before the end of fiscal 2017.
Headquartered in Herndon, Virginia, the business provides IT and engineering managed services to US government agencies, including supporting NASA’s Space Communications Network and Deep Space Network programmes, and operates within the company’s critical
Gowling WLG is growing its corporate presence in Germany by hiring Petra Beyer, who joins Andreas Woelfle in Stuttgart, as a director in the corporate law team.
Beyer specialises in corporate, banking and capital law, as well as general contract law and international commercial law. In 1997, she joined Haver & Mailaender, where she became a partner in 2001. She left the firm in 2016.
Beyer focuses on advising mid-sized OEMs with an international footprint, as well as companies from the IT-sector on M&A transactions and other areas of corporate law.
Another one of her focus areas is
Mercury Capital Advisors has launched Mercury iFunds, an end-to-end, digital solution offering RIAs, family offices and other wealth advisers a broad range of alternative investments across the liquidity spectrum.
The mobile-responsive fintech platform of curated institutional-quality offerings is the only digital platform operated by a global capital intermediary having relationships with over 2,500 of the largest institutions in the world including sovereign wealth funds, pension funds, insurance companies and endowments.
Mercury is now providing the RIA community, family offices, and other wealth advisers transparent institutional pricing and exclusive access to alternatives across 18 different investment categories.
An investment
Confluence has signed licenses with the first four clients for the firm’s Unity NXT Regulatory Reporting platform to manage end-to-end filing processes for the new regulatory reporting requirements imposed by the SEC Investment Company Reporting Modernisation rules.
Following the announcement of the final rules in October of 2016, Confluence has been working on a solution to solve the data-intensive reporting challenges imposed by Form N-PORT and Form N-CEN to ensure preparedness well in advance of the initial filing deadlines in 2018.
The Unity NXT Regulatory Reporting platform, powered by Synapse and introduced by Confluence in May 2016, will assist
An affiliate of private equity investor Sun Capital Partners has completed the acquisition of Arrow Tru-Line (Arrow), a manufacturer and distributor of garage door hardware and fittings. Terms of the private transaction have not been disclosed.
Founded in 1970, Arrow Tru-Line has built its brand on providing a wide range of high-quality products for both residential and commercial customers. The Archbold, Ohio-based Company currently operates two plants and four distribution centers in the US and Canada.
“Our investment in Arrow Tru-Line is an exciting opportunity for Sun Capital to leverage its resources and expertise to drive growth,” says Marc Leder,
Atlantic-Pacific Capital, an independently owned global placement and advisory firm focused on alternative investments, has appointed Raed Elkhatib as Partner and CEO, and Hank Gurley as Principal.
Elkhatib will focus on origination for Atlantic-Pacific and will be a full voting member of the partnership group, which has overseen day-to-day operations and strategic direction of the firm since 2009. He joins the firm after spending 11 years in the Private Fund Group at Credit Suisse, where he was a Managing Director responsible for leading the due diligence and origination efforts for Credit Suisse’s private equity fundraising team.
“I was attracted to
Meridia Capital has acquired a significant minority stake in Grupo Andilana, a casual dining restaurant chain and hotel operator in Spain.
As a result of Meridia’s investment in the company, Andilana will now look to accelerate its growth plans both organically and by increasing its restaurant rollout programme.
Meridia will work in close cooperation with Andilana’s current managing team that will continue leading the firm’s activity.
Established in 1958 and with over 25 restaurants across Spain, Andilana offers its customers traditional Mediterranean cuisine in a cosy and fashionable atmosphere at affordable prices. With more than 2.5 million customers
UK fund management company Octopus Investments has appointed Chris McVey as a fund manager in the smaller companies team.
McVey (pictured) joins a team which, following significant growth in funds under management in recent years, now invests over GBP1 billion in UK quoted smaller companies.
McVey will focus on management of the Octopus AIM inheritance tax portfolios, the Octopus AIM Venture Capital Trusts and the FP Octopus UK Micro Cap Growth Fund.
McVey brings with him over 16 years’ experience within the UK smaller company equity market. He joins Octopus from Citigroup where he was a director for
The Longfort Group, through L Concepts, has completed its acquisition of Scoozi Italian Restaurant, its maiden acquisition in Thailand.
Scoozi has 24 branches located across the Great Bangkok area having opened its first location in downtown Bangkok in 2004.
It specialises in Neapolitan-style pizzas made in traditional wood-fired ovens.
Scoozi operates both dine-in and delivery formats.
"We are excited about our foray into the Thai consumer market especially through such an established platform as Scoozi," says TW Pang, chief executive of The Longfort Group. "The potential of the brand is enormous and we look forward to stewarding
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
