Latest News
JPES Partners, a marketing and communications consultancy specialising in the asset management sector, has appointed Toby Mitchenall and Krupa Parmar to its team.
Mitchenall joins as a Client Director from BackBay Communications, where he was responsible for establishing and growing the company’s London office. He has over 10 years’ experience in financial services communications, both in an agency role and as a journalist, and has advised clients on all aspects of strategic communications, content, branding and crisis management. Toby is a former editor of Private Equity International magazine and therefore brings a detailed understanding of the issues facing the private
Private equity firm TA Associates has completed a minority investment in RateGain, a provider of SaaS-based hospitality and travel technology solutions.
Financial terms of the transaction have not been disclosed.
Founded in 2004, RateGain provides revenue management and distribution channel management software, and real-time pricing data and analytics, to help businesses streamline operations and sales. In the travel segment, the company serves suppliers and intermediaries, including airlines, cruise lines, car rental providers, online travel agents, tour operators and wholesalers, helping them to optimise pricing and monitor competitive offerings. In the hospitality segment, RateGain primarily serves the hotel industry, providing solutions
Speciality European Pharma Limited (SEP) has secured GBP4.75million from Beringea Growth Finance, a provider of asset based and working capital finance.
Founded in April 2006, SEP is a privately owned speciality pharmaceutical company. It focuses on products aimed largely at the urology or urogynaecology markets, primarily in Europe. The company acquires, licenses and distributes pharmaceutical products and medical devices aimed at its target markets.
SEP owns worldwide rights to Bulkamid, Mitem and Aquamid. Bulkamid is a urethral bulking agent, a minimally invasive treatment for urinary stress incontinence. Mitem is a cytotoxic medicine used in the treatment of a variety
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has opened a new office in Los Angeles to cater for demand for its AbacusFLEX private cloud solution.
The company achieved a record year in 2014, winning 60 new clients, and sees continued momentum in 2015.
The increased demand for Abacus Group’s private cloud solution is due to a significant interest in managed services and hosted solutions from the financial services industry with both established financial institutions and up-and-coming startup funds. These clients have selected Abacus Group to achieve a scalable, flexible and robust
Nordic Capital Fund VII has expanded its footprint in the sports market with the add-on acquisition of leading e-commerce football company Unisport.
The Unisport brand will operate alongside SPORTMASTER which was acquired in 2012. The two companies have an excellent strategic fit and a platform for further expansion both in stores and online, in the Nordics and internationally.
Unisport’s e-commerce platform is dedicated to football obsessed consumers providing in-house produced football related content. Unisport’s concept has gained a market-leading position in Denmark with emerging strongholds through recent successful market entries into Sweden, Norway, Finland and the Netherlands. Nordic Capital
European private equity firm Cinven is to acquire Premium Credit Limited, the UK specialty finance provider, for an enterprise value of GBP462 million.
Premium Credit plays an important part in the UK economy enabling businesses and individuals to spread the cost of their insurance premiums and other essential purchases. It also provides financing for the payment of annual fees such as professional fees, membership subscriptions, commercial service charges and school fees. In 2013, the Company achieved gross advances of GBP3.7 billion, processing 25.8 million transactions. Premium Credit has approximately two million customers and works with 4,000 intermediaries.
BlackFin Capital Partners is off to a strong start in raising its second Financial Services fund, securing EUR160 million, mostly from existing investors and on track to raise a total of EUR350 million.
On January 9th, BlackFin Capital Partners secured aggregate commitments in excess of EUR160 million for its BlackFin Financial Services Fund II, from European institutional investors and family-offices. This 1st Closing, comprised mostly of commitments from investors in BlackFin’s first fund, paves the way for a broader institutional fund-raise, with the target of reaching EUR350 million before year-end.
Laurent Bouyoux, Managing Partner of BlackFin Capital Partners, says: “We
Aquila Capital has acquired Norway’s second-largest operator of small-scale hydropower plants on behalf of institutional clients that include Dutch pension fund ABP and German insurance companies.
The terms of the investment have not been disclosed.
Aquila Capital has completed the acquisition of Norsk Grønnkraft AS, an operator of 33 small-scale facilities located in central and southern Norway, from owners Akershus Energi, Energiselskapet Buskerud, E-CO Energi and Østfold Energi.
Oldrik Verloop, Co-Head of Hydropower at Aquila Capital, says: “This is one of the largest acquisitions of a small-scale Norwegian operator and shows how Aquila Capital has established a hydropower platform of
Blackstone has invested in Market Data Insights LLC (MDI), a services firm that specialises in providing market data management solutions to financial services firms.
MDI’s business model for the delivery of market data management solutions addresses many of the shortcomings of traditional approaches. MDI’s solutions are delivered by people with a deep understanding of market data products and client needs. By requiring short term commitments, MDI simplifies the buying decision and is able to identify savings for many clients that offset the cost of their outsourced service.
William Murphy, Chief Technology Officer at Blackstone, says: “We have worked with Market
Access Power MEA and ERE have launched Access Infra Africa, a vehicle that will be dedicated to investing in the early stage development of power projects in Africa.
Access Infra Africa will be the largest privately funded vehicle of its kind. The partners intend to implement an ambitious development plan leading to the realisation of a portfolio of power assets in Africa worth over 500 million US Dollars.
Under the agreement, EREN will acquire a strategic equity stake in Access and a seat at the board of Access.
David Corchia, CEO of EREN Développement, says: “Access Infra Africa
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm