Latest News
Abacus Group, a provider of hosted cloud IT solutions for alternative investment funds, has welcomed the launch of the UK’s new National CyberSecurity Strategy, which includes stepped up efforts to combat data breaches, identify theft, fraud and money laundering in the financial services sector.
Abacus says its services already meet or exceed these standards.
Abacus, which in October announced a major expansion of its services and the opening of a second data centre in London, provides cyber defences to its more than 400 clients in the alternative investment field globally.
Noting that the US Securities and Exchange Commission
Statkraft Ventures, with the participation of ETF Partners, has led a USD5 million investment into European smart meter software company Greenbird.
Greenbird is a profitable and rapidly growing software vendor and IT integration specialist based in Norway.
The company has served utilities representing more than 80 per cent of the Norwegian market, and it is continuing to build its international customer base.
Its Software as a Service (SaaS) offerings Metercloud.io and Ghostwriter enable utilities to quickly implement flexible IT architectures for modern smart meter operations.
"At Statkraft Ventures we are well aware of the software integration challenge
Gide is advising Inner Mongolia Furui Medical Science, a Chinese company dedicated to pharmaceutical, diagnosis and medical services, on its investment in Median Technologies.
Median specialises in medical imaging software and services dedicated to oncology clinical trials, cancer screening and clinical practice.
The transaction, which is subject to customary conditions, will consist in a capital increase of Median Technologies at a price of EUR13 per share, representing a total amount of EUR19,599,996 reserved to Furui Medical Science Company Luxembourg, a wholly owned subsidiary of Furui.
The completion of the transaction will allow Furui Medical Science Company Luxembourg to
Frazier Healthcare Partners, a provider of growth capital to healthcare companies, has added Kent Berkley, Jeremy Janson, Neeraj Prathipati, and Shyamal Swami to its growth buyout team.
“We are pleased to welcome these four professionals to the Frazier growth buyout team, as they will be valuable additions to the existing depth and expertise of our investment team,” says Ben Magnano, general partner.” We look forward to leveraging their talents and insights as we continue to grow our investment platform, and we are delighted that they have chosen to join us.”
Berkley, vice president, comes to Frazier after four years
In the third quarter of 2016, Israeli private equity deal-making rose to USD1.7 billion in 18 deals, the highest quarterly amount in the past two years.
The amount was 32 per cent above the USD1.3 billion reached in the previous quarter and over four times the USD358 million achieved in the third quarter of 2015.
The number of deals was the same as in the last quarter, but slightly down from the 22 deals quarterly average of the past five years.
While the Q1-Q3/2016 period in Israeli private equity can be viewed as having the best performance in
Equistone Partners Europe-backed Apogee Corporation has bolted on Hibernian Business Equipment, an Irish print management and managed print services provider.
The deal marks the second acquisition since Equistone provided a significant investment in September 2016.
Apogee has completed acquisitions in Scotland, Wales and Germany this year and will continue to make further acquisitions to drive growth in the UK and Europe.
Based in Limerick, County Tipperary with additional offices in Dublin and Galway, Hibernian is a provider of print technology and services to both the public and private sector. Many government agencies and commercial organisations rely on Hibernian
The number of European private equity-backed deals declined during the summer holiday period, down 15.1 per cent to 309 transactions in Q3 2016 from the 364 transactions seen in the previous three months.
This is according to preliminary figures from the Q3 2016 Private Equity Barometer, published by unquote” in association with SL Capital Partners.
The combined deal value also decreased by 23.5 per cent.
The average deal value in the third quarter (EUR80 million) was 9.9 per cent lower than that of the second quarter (EUR88 million).
Overall the year to Q3 2016 witnessed total deal
Alter Domus, a provider of fund and corporate services, has secured a significant investment from funds advised by global investment firm Permira to accelerate its international growth strategy.
Founded in Luxembourg in 2003, Alter Domus has expanded its global service offer and today counts 31 offices and desks across five continents.
The international network enables clients to benefit globally from more than 1,000 experienced professionals active in fund administration, corporate secretarial, accounting, consolidation, tax and legal compliance, depositary services and debt administration services.
Permira has a long track record of partnering with financial and professional services businesses to
IK Investment Partners’ IK VIII Fund has reached an agreement to acquire Granite Holding (Schock), a granite kitchen sink manufacturer, from HQ Equita.
Financial terms of the transaction have not been disclosed.
The original inventor of the manufacturing technology commonly used in the production of granite sinks, more than 60 per cent of all quartz composite sinks manufactured worldwide are based on the production technique developed by Schock.
Based on a quartz-acryl composite developed by Schock, the company’s premium product is three times as hard as natural granite and superior in product performance to sinks made from other
UK venture capital investor Albion Ventures has completed the acquisition of OLIM from Close Brothers Group.
The acquisition was first announced on 27 September 2016, subject to regulatory approval.
OLIM is a fund manager specialising in UK quoted equities, with around GBP500 million of assets under management.
The completion of the acquisition further diversifies Albion’s investment management expertise into quoted equities and increases its assets under management and administration to over GBP950 million.
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
