Latest News
Buy-to-build private equity firm Silverfleet Capital is to acquire a majority stake in Coventya from Equistone Partners Europe Limited for an undisclosed sum. The transaction is subject to competition clearances.
Coventya, a Paris-headquartered company with a strong international presence, develops, manufactures and supplies specialty chemicals used for surface treatment. Founded in 1927, Coventya has become one of the world leaders in this niche market, due to its capacity to innovate and the quality of its customer service. The group offers a large range of products used in numerous sectors such as the automotive, luxury and consumer goods, construction, aviation, data
A new study shows domestic economic uncertainty and concerns over lack of access to capital continue to offset indicators of an improving business environment among major private equity providers.
The study from the 2016 Private Capital Markets Project from Pepperdine University Graziadio School of Business and Management also reveals key players in private capital lending including banking, private equity investing, venture capital, and business brokers are worried about private capital access.
The majority of investment bankers surveyed report increases in deal flow, presence of strategic buyers, leverage, and deal multiples – but also slightly worsened business conditions. Investment bankers identified
Private equity firm HIG Capital has sold the Holding VM Industries group (H-VMI) to Actomezz (the mezzanine financing team of ACG Capital) and management.
The H-VMI group was created in late 2009 following the partial acquisition of the automobile connectivity business of the Molex group at the Villemur-sur-Tarn site by HIG Capital. It has 270 employees across France, Germany and the UK, including 65 on the Villemur-sur-Tarn site.
Marc Laisné, CEO of the H-VMI group, says: "We would like to thank HIG for their unflagging belief in our company's potential. Their backing enabled us to turn around a distressed business.
Counselytics has deployed its AI technology in the alternatives investment space. Using machine learning technology, Counselytics is aimed at providing a fast, economical and automated process to find and analyse limited partnership agreements wherever they reside.
As Counselytics finds and centralises LPAs, it classifies and extracts up to 35 key partnership terms, including details on fees and expenses, waterfalls, taxation and governance. Counselytics also works as a question answering system with the ability to query for specific issues related to the LPAs, and the system returns both the correct answer and the most relevant sections of the LPA. The technology can analyse
The Cardiac Valve Research Institute – a joint project between Venus Medtech (Hangzhou) Inc (Venus Medtech) and the Second Affiliated Hospital of Zhejiang University School of Medicine (SAHZU) – has been officially launched in Wanlong Technological Park located in the Binjiang district of Hangzhou, the capital of Zhejiang province.
The Institute is the first research entity that Venus Medtech established along with a hospital and, it will focus on minimally invasive treatment for heart diseases.
As a leading transcatheter cardiac valve developer, Venus Medtech finished first place in the Third National Innovation and Entrepreneurship Competition for its respective sector and
Axol Bioscience has exceeded all expectations in its crowdfunding investment round. The game-changing stem cell tech company listed on SyndicateRoom seeking GBP600,000, but massive investor interest saw the campaign quickly reach a revised overfunding limit of GBP1 million, with a surplus of demand following the close.
Axol’s huge raise is further evidence of SyndicateRoom’s leading position in crowdfunding for life science: SyndicateRoom alone accounts for more than 40% of Europe’s total number of life science raises.
Using Nobel Prize-winning technology, Axol Bioscience produces stem cells from human blood and skin cells. These stem cells can then be turned into a
Jersey’s funds industry will need to embrace FinTech, assert its long-standing expertise and focus on innovation in order to remain at the forefront of a constantly evolving global funds landscape, according to the chairman of the Jersey Funds Association (JFA).
Speaking at this year’s annual JFA Dinner (18 March), Ben Robins (pictured) told an audience of over 450 funds professionals, senior politicians and regulatory representatives that the recent performance of Jersey’s funds industry painted an extremely positive picture and positioned the jurisdiction well as a centre for alternative funds business.
Highlighting that the total value of funds business grew at
Ropes & Gray advised HongDao Advisors (HongDao) on the successful closing of three of its recent investment transactions. Ropes & Gray acted as HongDao’s legal counsel on all three transactions.
In February 2016, HongDao investment funds invested over USD 10 million in Lagou Information Limited and subscribed for newly issued Series C preferred shares of the company. Lagou Information Limited is a company focused on online human resources solutions in China.
Earlier in January 2016, HongDao investment funds also closed an investment in WeBus Holding Ltd. HongDao invested over USD8 million by purchasing outstanding shares from the existing shareholders and
Black Diamond Capital Management is to acquire ArcelorMittal's LaPlace, LA, Harriman, TN and Vinton, TX steelmaking and finishing operations focused on the production and sale of long carbon steel products in North America.
The LaPlace operations are primarily located outside of New Orleans with an additional rolling mill in Harriman, TN and three strategically located stocking depots in Tulsa, OK, Chicago, IL and Pittsburgh, PA. The LaPlace and Harriman facilities are leading producers of light structural shapes and merchant bar quality products. The Vinton facility, located near El Paso, TX, is a leading producer of rebar for the construction industry and
Founders Fund has closed a USD1.3 billion sixth fund, bringing the firm’s total amount of capital under management to over USD3 billion.
Founders Fund VI will be led by partners Lauren Gross, Ken Howery, Geoff Lewis, Scott Nolan, Luke Nosek, Brian Singerman, and Peter Thiel. Members of the team have been founders and early employees of prominent technology companies including PayPal, Google, Palantir Technologies, and Space Exploration Technologies (SpaceX). All of the firm’s partners are generalists, investing across sectors and at every stage, though the firm is known for making large, concentrated investments.
“We look to make a material impact
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
