Latest News
US private equity and real estate groups are paying close attention to the opportunities on offer in Ireland to pick up distressed assets, as the ripples of the '08 financial crisis continue to be felt there. Whether they are buying actual assets, or the debt that is held on those assets, depends on what the individual manager is trying to achieve but as Nicholas Tsafos, Chairman and Director of EisnerAmper Global Ltd, observes: "Whether it is commercial real estate or retail real estate, we are seeing managers invest in a variety of property portfolios, buying landmark properties such as the
There has been a flurry of activity over at ML Capital in the last few months. The company provides a range of UCITS and AIFMD fund solutions to fund managers and currently has over USD1.5 billion of assets under management across its Dublin-based MontLake UCITS Platform and MontLake QIAIF Platform. The MontLake UCITS Platform, in particular, has added a number of new funds including: Mygale Event Driven UCITS managed by Neil Tofts; OTS Asia Opportunity UCITS, managed by OTS Capital Management, and SPARX OneAsia Long Short UCITS, managed by SPARX Asia Investment Advisors.
According to ML Capital's CEO, Cyril Delamare,
Q&A with John Bohan (pictured), Managing Director Europe & Middle East, Apex Fund Services (Ireland).
To what extent is Apex FS seeing interest in the QIAIF? And where is that interest largely coming from?
The non-UCITS QIF (Qualifying Investor Fund) has been one of the most successful fund structures in Ireland to date, its success reflecting the market appetite for a sophisticated regulated product facilitating hedge fund and other alternative investment strategies.
With the advent of AIFMD in 2013, there has been a growth in funds platforms with licensed investment management companies offering a fast track to market
For EU and non-EU managers, the ability to choose between AIFMD or UCITS regimes to bring a regulated fund product to market with minimal fuss is a compelling one. With its unique business model, ML Capital has proven to the marketplace that there are many ways to scale the walls of so-called "Fortress Europe".
ML Capital operates two Dublin-domiciled platforms that between them are capable of supporting a wide range of alternative investment strategies, from the most liquid end of the scale to the most illiquid end. The MontLake UCITS Platform was established in October 2010, while the MontLake QIAIF Platform,
According to Ken Somerville (pictured), head of business development at Quintillion Limited, Ireland's fund administrators are starting to see real interest among global fund managers, running both hedge funds and private equity funds, as Europe's credit markets continue to be restructured. This is leading to a wider, more complex range of credit strategies, with loan origination perhaps the most talked about example.
Quintillion Limited is a European-based affiliate of U.S. Bancorp Fund Services, a global alternative administrator with assets under administration of USD117 billion, with AuA in Europe totalling approximately USD26 billion.
"At Quintillion, we provide loan servicing through our corporate trust arm. This gives us a
Ireland remains Europe's leading onshore hedge fund jurisdiction by some margin, yet up until a couple of years ago it could not offer fund sponsors a corporate fund structure similar to the SICAV in Luxembourg.
The Irish Government was fully aware of this need to improve Ireland's product competitiveness back in 2011, highlighting the fact in its Strategy for the International Financial Services Industry 2011-2016. The end result was the introduction of the Irish Collective Asset-Management Vehicle or ICAV, a new corporate vehicle that over the last 12 months has already proven to be more successful that was initially anticipated.
Stash, a fast-growing investment app for millennials, has raised USD3 million in seed funding to continue the company’s growth. The round was led by Silicon Valley-based Goodwater Capital, which specialises in early-stage consumer technology companies.
Two leading fintech investors also participated in the round: New York-based Valar Ventures, and London-based Entrée Capital; as did previous investors in the company.
Stash is one of the new breed of fintech services aiming to transform the way millennials manage, save and grow their money. This additional funding will support the continued growth and development of the app, including new product features and
Sixpoint Partners, a global investment bank serving the middle market alternatives industry, has appointed Shawn R Schestag as Managing Director and Head of Secondary Advisory & Co-Investment.
The appointment expands the firm's team to 16 professionals across four offices in North America and Asia. In his new role, Schestag will focus on origination, due diligence, and transaction execution across both business verticals.
Schestag brings to Sixpoint Partners nearly 15 years of investment banking experience, focused on the private equity industry. Previously, Schestag served in the Private Fund Group at Credit Suisse, where he was a senior member in the
Nautic Partners has completed the sale of All Metro Health Care Services to private equity firm One Equity Partners (OEP). The terms of the transaction have not been disclosed.
Headquartered in Valley Stream, NY, All Metro is a provider of home and community based services in New York, Pennsylvania, New Jersey and Florida.
All Metro is a licensed home care agency providing primarily non-skilled personal care aide services, including light housekeeping, homemaking, bathing and grooming to seniors and high needs individuals. All Metro provides its services from 10 branches in New York, 17 branches in Pennsylvania, two branches in
Private equity firm Lovell Minnick Partners has made several new additions to its team, hiring Benjamin Kaplan and Steven Korff as vice president and associate respectively in Los Angeles while Greg Dutov is joining the Philadelphia office as an associate.
“We are excited to welcome Ben, Steven and Greg to Lovell Minnick Partners,” says Jeffrey D Lovell, CoChairman of Lovell Minnick Partners. “These new hires reflect the strong commitment we have to growing our staff with talented professionals who share our passion for investing in leading middle market financial services companies.”
Messrs Kaplan, Korff and Dutov will support Lovell
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
