Latest News
Pricing tops the list of challenges facing private equity firms in 2015, according to the sixth annual PErspective Private Equity Study by BDO USA.
Forty-two per cent of fund managers say it will be the primary challenge facing their firm during the next 12 months, marking the second year in a row that private equity professionals identified pricing as their most significant pressure point. The identification and quality of targets came in second, with 27 per cent of fund managers saying it represented their top challenge in 2015.
"We're coming off of a strong year for private equity activity across
GE Antares is serving as administrative agent on a USD145.6 million senior secured credit facility to support the acquisition of Lazer Spot by Greenbriar Equity Group.
GE Capital Markets served as co-lead arranger and co-bookrunner on this facility.
Founded in 1996 and headquartered in Atlanta, Lazer Spot is a leader in a comprehensive range of outsourced yard management services including trailer spotting and shuttling. Lazer Spot operates 260 sites for more than 80 blue chip customers across the consumer packaged goods, food and beverage, pulp and paper, retail and other industrial sectors.
“Certainty of execution and speed are attributes we
Millennium Trust Company, a provider of alternative asset custody solutions to institutions, advisors and individuals, has made two promotions within its Alternative Solutions Group.
The firm has named Jeremy Christensen, Director of Private Fund Custody and Matt Nitschke, National Director of the Alternative Solutions Group.
Prior to his new role, Christensen had been acting manager of Private Fund Custody (PFC), Millennium Trust's fastest growing business line. In addition, he managed Registered Investment Advisor relationships and new business development for the Southeast/Mid-Atlantic Region with focus on custody solutions for hedge funds, private equity, managed futures and other alternative investments.
"When we
Peer-to-peer secured business spending platform ThinCats has partnered with ESO Capital Group to underwrite a regular series of large deals on the ThinCats platform.
The deal will initially involve GBP20m-GBP50m being deployed on the ThinCats platform but both partners expect this figure to rise significantly over the next few years.
Kevin Caley, CEO of ThinCats, says “We are delighted to be partnering with ESO. As a specialist in large, secured loans we are confident that ESO’s underwriting commitment will help us further strengthen our position as one of the leading players in the sector. This partnership will also allow
Halesowen-based Vacuum Furnace Engineering (VFE) has secured a substantial funding package from banking group Santander and private investment firm SEA Equity.
Prominent West Midlands businessman, Roy Kishor, has taken the role of Chairman and will lead the management team in growing the GBP10 million turnover firm in the longer term, seeing a big opportunity to expand its contract servicing and repair business, develop the next generation of vacuum furnaces and set up a new apprenticeship scheme in addition to its current business.
The Santander Corporate & Commercial Banking, Cornwall Street, Birmingham, team provided a growth capital loan, senior debt
An investor group led by Siris Capital Group has completed the acquisition of commerce-as-a-service solutions provider Digital River.
The execution of a definitive merger agreement outlining the terms of the transaction, which is valued at approximately USD840 million, was initially announced on 23 October, 2014. In the transaction, all outstanding shares of Digital River common stock (subject to certain exceptions) were converted into the right to receive USD26 in cash per share.
Digital River’s stockholders approved the acquisition on Thursday, 12 February, 2015. Based on a tabulation of the stockholder vote, approximately 99.6 per cent of all votes cast, which
South African institutions are, on average, lacking significant commitment to alternative assets and private equity investments, with many funds having no exposure at all, says Old Mutual Alternative Investments.
However, since 2000, Old Mutual has steadily increased the percentage allocation of its total investment portfolio to alternative assets including private equity, infrastructure, impact investments and natural resources.
“In the late 1990s, we ventured into infrastructure because of the long-dated nature of the assets as well as the potential they had to provide above–average returns. We also saw the merit in investing in assets that had a positive economic spinoff
Private investment firm Rcapital has appointed Phil Emmerson as Chief Operating Officer (COO).
Emmerson, who joins from BDO, will be primarily responsible for running Rcapital’s portfolio of investments from March 2015.
Emmerson brings 18 years’ experience in the area of operational and financial restructuring, initially at KPMG before leading BDO’s midlands regional company side restructuring team. Most recently, Phil has been working in BDO’s London office.
Jamie Constable, Rcapital CEO, says: “ We are delighted that Phil has chosen to join the team at Rcapital. His skills will be a great benefit to us in the current climate, where we
As at 31 January 2015, 46 Guernsey Alternative Investment Fund Managers (AIFMs) have used the isand’s National Private Placement (NPP) regime to market Alternative Investment Funds (AIFs) into Europe.
The figures, which solely reflect marketing into Europe by Guernsey AIFMs and do not include European Economic Area (EEA) AIFMs, reveal that the 46 managers promote investment funds into one or more EEA Member States. These cover 15 of the 27 jurisdictions with whom Guernsey signed bilateral cooperation agreements in July 2013 ahead of the Alternative Investment Fund Managers Directive (AIFMD) coming into force. The UK remains a key market for
tru Independence has launched an elite investment platform offering both traditional and alternative investment solutions for independent registered investment advisers.
"It's all about our advisor teams and their clients receiving access to best-in-class institutional managers across the entire spectrum of asset classes," says Craig Stuvland, President and Chief Executive Officer of tru Independence. "These portfolios are typically only available to the most sophisticated investors, including ultra-high-net-worth families, foundations, endowments and pension plans."
tru is committed to building out their investment platform by offering sophisticated, flexible and customizable solutions including tru's Separately Managed Account (truSMA), Unified Managed Account (truUMA) and Alternative
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
