Latest News
Artivest, a technology-driven investment platform that provides investors access to best-in-class alternative investment funds, has implemented new initiatives to enhance its offering to financial advisors and their qualified clients.
Artivest has joined the Depository Trust and Clearing Corporation's Alternative Investment Product Services (DTCC-AIP) platform, thereby integrating reporting for its vetted selection of premier funds with major custodians such as Schwab, TD Ameritrade, Pershing, and Fidelity. DTCC-AIP automates and standardises transactions between funds and participants in the alternative investment space.
Additionally, Artivest has coordinated directly with custodians and advisors to spare clients the administrative fees typically associated with such investments.
Stirling Square Capital Partners, a pan-European mid-market private equity firm, has acquired Mettis Aerospace (Mettis), an international manufacturer of precision forged and machined components for the aerospace sector.
The business was acquired from Saints Chamonix for an undisclosed value.
Mettis offers a fully integrated platform from initial design and development through to forging (with presses ranging from 500 tonnes to 12,000 tonnes), machining, finishing and testing. Mettis has significant technical expertise and know-how in forged alloy components, of increasing importance in the aerospace sector given the emphasis on high strength and lightweight.
Founded over 75 years ago, Mettis now
Private investment firm Saban Capital Group has promoted Philip Han to Executive Vice President.
Han, who has been with SCG since April 2002, most recently served as the company’s Senior Vice President and Chief Investment Officer. In this new role as Executive Vice President, Han will continue to oversee the strategy, design and implementation of the firm’s investment portfolio across equities, fixed income and alternative investments globally. Furthermore, Han will continue to lead the firm’s real estate division, which currently manages a portfolio of self-storage, student housing, retail and government office assets exceeding four million square feet in 18 states.
DS Healthcare Group is to acquire Radiancy, a developer of consumer medical devices and the Neova dermatological products business from PhotoMedex, in a transaction structured in two reverse triangular mergers, with a non-dilutive provision.
The board of directors of both companies have voted unanimously in favour of the transaction. The transaction is subject to customary closing conditions, including shareholder approval and regulatory approvals. Holders of approximately 24 per cent of the common stock of DS Healthcare and approximately 17% of the common stock of PhotoMedex have agreed to vote their shares in favor of the merger, which is currently expected
Canadian private capital continued its climb in 2015: venture capital (VC) activity saw amounts invested and fundraising increase substantially, with exit values reaching historical highs. Private equity (PE) saw solid fundraising numbers and large increases in volume.
These are some of the main findings from the Canadian Venture Capital & Private Equity Association's (CVCA) private capital market activity reports for 2015.
VC investment continued its strong growth in 2015, with 536 deals capturing CAD2.3 billion, an increase of 24 per cent and 12 per cent respectively over 2014. Primarily driven by three large IPOs (Shopify, ProNAi, and Davids Tea),
The vast majority of respondents to private equity fund administrator Augentius’ latest annual survey are cautiously optimistic about the outlook for the industry in 2016.
Approximately 81 per cent of those surveyed believe that the general market climate in 2016 will be either the same (44.44 per cent) or more positive (36.51 per cent). Just over 19 per cent believed the climate will be less positive in 2016.
In addition, approximately 86 per cent of respondents believe that the 2015 general market climate was better (55.22 per cent) or the same (31.34 per cent) over 2014.
The survey also reveals that for 2016, 41 per cent
The introduction of the EU Alternative Investment Fund Managers Directive (AIFMD) is having little impact on the scale of US alternative fund managers’ activity in the European market, according to research looking at US manager attitudes towards the regulation.
The ‘Impact of AIFMD on the European & US alternative fund industries’ research, conducted by IFI Global and sponsored by fund and corporate service provider Crestbridge, was published last month. Surveying US managers with total combined assets under management of USD306 billion, the research focuses on how the AIFMD has impacted approaches across the hedge, private equity, infrastructure and real estate
Cyrus Investment Management (CIM), the specialist engineering turnaround EIS investment adviser, has appointed the Right Honourable the Lord Peter Hain, formerly Secretary of State for Wales, and General Sir Peter Wall, formerly Chief of the General Staff, to CIM’s Advisory Board.
Peter Schwabach, Managing Partner of CIM, says: “We are very pleased to welcome two such distinguished figures to our Advisory Board. As an active investor in British Engineering with a focus on strategic businesses in the Aerospace, Defence and Security industries General Sir Peter Wall and Lord Hain bring to Cyrus a wealth of knowledge and relationships that benefit
Budget gym chain Xercise4Less is planning to roll-out further gyms across the UK after posting an 83 per cent increase in sales and securing a new round of funding from its equity partner, BGF (Business Growth Fund).
The Leeds-headquartered business grew total sales to GBP21.9 million in the 12 months to July 2015, up from GBP12 million in its previous financial year. As a result of its organic roll-out, Xercise4Less now operates 35 gyms and has an increasing national coverage with sites across the north of England, the Midlands, the South West, Scotland and Wales, and opened its first gym
Private equity (PE) in 2015 turned in a solid year against a backdrop of slowing global economy, increasing volatility in public equity markets and feverish competition that drove investment multiples to new highs, according to Bain & Company.
The firm’s seventh annual private equity report reveals that new PE deal-making ground on steadily in 2015, as it has every year since 2010 – the start of this remarkably durable PE cycle. Deal value for announced global buyouts totalled USD282 billion, a shade more than in 2014, and deal count dropped 14 per cent – a tad lower than last year. Yet,
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
