Latest News
Redbox founder and former CEO and former Coinstar President and COO Gregg Kaplan has joined Pritzker Group Private Capital as its operating partner for the services team.
Kaplan will be based in Chicago, where he and investment partner David Rosen will lead the services investment and operations team. Rosen and Kaplan will source, invest in and oversee a group of services companies for Pritzker Group Private Capital. Pritzker Group Private Capital’s services companies today include PECO Pallet and Entertainment Cruises.
Kaplan, 45, has spent his career building and operating high-growth businesses. Kaplan founded Redbox, the ubiquitous movie-rental kiosk network,
London-listed private equity firm JZ Capital Partners Limited has acquired Midwest Valve Parts (MVP) alongside its long-term investment partner The Edgewater Funds.
The acquisition of MVP is an add-on to Industrial Services Solutions’ (ISS) existing Specialty Products Group (SPG), and marks the third acquisition made into SPG (joining Worthington Compressors and Parts Service International). Led by Jim Rogers, a GE veteran who has extensive industry experience, ISS is generating annual sales and EBITDA in excess of USD260 million and USD45 million, respectively.
MVP is an independent supplier of replacement parts for valves, actuators, and related equipment to valve remanufacturers,
Institutional Venture Partners (IVP), a later-stage venture capital and growth equity firm, has launched IVP XV, a USD1.4 billion fund, the largest fund raised in the firm’s 35-year history, which brings cumulative committed capital to USD5.4 billion.
The fund was significantly oversubscribed, with IVP’s existing Limited Partners contributing the vast majority of the fund.
The fund’s General Partners are Todd Chaffee, Somesh Dash, Steve Harrick, Eric Liaw, Jules Maltz, Sandy Miller, and Dennis Phelps. After 26 years as a General Partner at IVP, Norm Fogelsong will serve the new fund as an Advisory Partner. Collectively, the Partners have more than
In this extract from the Preqin Quarterly Update: Real Estate, Q1 2015, we analyse fund performance and take a look at private real estate funds currently in market.
Fund Performance
Closed-end private real estate funds have posted positive changes in NAV for 18 consecutive quarters, with Q3 2014 seeing an average 1.9 per cent increase in NAV (Fig 1). As of September 2014, funds of vintage years 2009-2012 are posting relatively strong returns, with the median IRR ranging from 12.8 per cent for vintage 2012 funds to 15.8 per cent for vintage 2009 funds.
Examining J-curves of funds of
China Everbright Limited (CEL) and Sinowel Enterprise Group (Sinowel) have signed a strategic partnership agreement to start their co-operation towards the secondary market of trust beneficiary rights.
CEL and Sinowel plan to maximise their value, as well as leveraging their respective experience and advantages in the asset management sector to build a marketing platform for the trust industry.
CEL, a member of China Everbright Group, is a diversified financial services enterprise operating in Hong Kong and mainland China. It leverages a "Macro Asset Management" strategy with specific focuses being placed on fund management and investment businesses, namely Primary Market Investment,
M&A activity in Europe is predicted to increase 14.4 per cent, and 13.3 per cent throughout the whole of EMEA, over the next six months compared to the same period last year, according to data from Intralinks.
These rises mean EMEA is the top performing global region for expected merger and acquisition (M&A) activity in the next six months, with the manufacturing/industrials, technology and consumer sectors dominating deal pipelines in Europe.
Intralinks reveals these findings as part of its latest Intralinks Deal Flow Predictor (DFP). The Intralinks DFP accurately forecasts the volume of future M&A announcements by tracking M&A
Octopus Investments has completed a development with Transact to enable shares in its Venture Capital Trusts (VCTs) to be bought and held on a financial adviser platform for the first time.
Previously VCTs were unable to be purchased on adviser platforms or by a nominee account as they needed to be bought by the individual directly in order to qualify for the tax reliefs.
The launch of the service from Transact, which is an adviser-facing only platform, follows the change announced in the Finance Bill 2014 last year that allows shares in VCTs to be bought by a nominee
Simplilearn, a provider of certification courses to professionals, has raised USD15 million in Series C funding led by Mayfair, with existing investors Kalaari Capital and Helion Venture Partners also participating.
Simplilearn has raised a total of USD27 million in capital.
Simplilearn offers a multitude of training and certifications for business use and career advancement. The blended learning platform offers a combination of online classes, in-person workshops and corporate trainings, all led by Simplilearn's over 2,000 qualified trainers. Courses span vendors, industries and platforms: Simplilearn offers training for everything from Advanced Cloud Computing to Six Sigma.
"Simplilearn has had an impressive
Osborne Clarke has advised Funding Circle, an online marketplace for business lending, on its USD150 million (circa GBP100 million) in equity capital fundraising.
Osborne Clarke's team was led by VC Partner Rob Wood, assisted by Simon Jones and James Taylor.
Omar Al-Nuaimi, OC's Finance Partner and client CRM for Funding Circle, says: "We're proud to have supported Funding Circle and its founders from the outset. They are on course to surpass the USD1 billion mark for investments made via their platform over the next year. It's been great to have been part of their journey so far and we're
This extract from the Preqin Quarterly Update: Infrastructure, Q1 2015 reflects on the first quarter’s infrastructure fundraising activity.
Fundraising for unlisted infrastructure funds declined in Q1 2015, with just four funds closing, raising an aggregate USD5.3 billion in institutional capital (Fig 1). This represents the lowest amount of capital raised in a single quarter since Q3 2013, when USD4.8 billion was raised. However, those fund managers that are closing funds are often raising large amounts of capital; the average fund size has increased from USD503 million for funds closed in 2011 to USD984 million in 2014.
This trend is reinforced
Special Reports
Featured
- Insight
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
