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ICSA, the Institute for professionals working in governance and compliance, is holding an introduction to their new Level 4 International Finance and Administration (IFA) qualifications on 29 January n Jersey.
The event, at the Royal Yacht Hotel, Weighbridge, St Helier, Jersey, is open to all and will include presentations by Kelly Padwick, Qualification Development Manager and Theresa Minnie, Head of Client Relations and Members.
The event will:
• introduce the new International Finance and Administration qualifications
• discuss how the qualifications can support individuals and businesses
• explain the changes from the outgoing Certificate in Offshore Finance and Administration
Market abuse is expected to be one of the primary focuses of regulators in the coming year, according to a global survey of nearly 300 finance professionals conducted by Kinetic Partners.
Regarding what respondents believed the priority for regulators would be in 2015, twice as many senior executives cited market abuse as those who named tax-related investigations, the next most commonly cited issue.
The results of the survey, analysed in Kinetic Partners’ annual Global Regulatory Outlook report, show 37% of those surveyed (and 44% of C-suite executives) named market abuse as a key issue for regulators, ahead of tax-related
GBR Phoenix Beard has acquired Optic Asset Management following several months of detailed discussions between the firms.
The new business will be called GBR Phoenix Beard and will trade with immediate effect. Optic’s London team is scheduled to re-locate from current offices in Wells Street to GBR Phoenix Beard’s Chandos Street base in March. The acquisition will mean that GBR Phoenix Beard will now have a base in central Leeds. GBR Phoenix Beard’s Birmingham office is largely unaffected by the announcement.
Optic is a niche property asset management company, established by David Offen and James Young in 2003. It
The shareholders of trial strategy consulting firm DOAR have bought back private equity firm Veronis Suhler Stevenson’s stake in the company.
DOAR provides trial strategy consulting and related services for individuals, law firms and corporations involved in high stakes civil, regulatory and white collar criminal litigation. The initial investment by Veronis Suhler Stevenson (VSS) occurred in 2005 with additional investments used to fund growth through the addition of new lines of business and acquisitions.
"VSS has been a terrific partner over the past 9 years. I appreciate their support and commitment to the company's mission,” says Paul Neale, DOAR's CEO
Ashurst has advised on the GBP680 million sale of the Jurys Inn hotel chain to US private equity group Lone Star.
The business, which has four hotels in London, another 21 across the UK, five in Ireland and one in Prague, has been sold less than two years after restructuring its debt, in relation to which Ashurst also acted.
Ashurst acted for the seller, Jurys Inn Holdings Limited, which is owned by Oman Investment Fund, Mount Kellett Capital Management, Ulster Bank, Westmont Hospitality Group and Avestus Capital Partners. Jurys Inn employs about 2,000 people and operates 7,000 rooms. The
With the General Election just around the corner, 2015 promises to be another interesting year for private equity, says Gary Tipper (pictured), managing partner at Palatine Private Equity…
A change in the political order can often cause changes to the way in which businesses operate and how leaders make decisions, as well as having an impact on the view shareholders take on the timing of an exit. This will inevitably shape the private equity industry over the next 12 months.
It is particularly interesting that, for the first time in 40 years, nobody has a clue who will win the
Preqin has launched its 2015 Preqin Global Alternatives Reports, revealing significant growth in assets held by private equity, hedge fund, private debt, real estate and infrastructure fund managers. Total industry assets now stand at USD6.91tn*, up from USD6.22tn as of this point last year.
Infrastructure enjoyed another year of solid growth in 2014, with the prospects for continued expansion looking good for 2015 and beyond. Assets under management for unlisted infrastructure managers reached an all-time high, having increased by 85% over the past five years.
The 2015 Preqin Global Infrastructure Report provides a comprehensive review of the industry along with
IFC, with the support of the Government of Canada and the Overseas Private Investment Corporation (OPIC) is helping BMR Jamaica Wind build, operate and maintain a 36.3 MW capacity wind farm about 90 km west of Kingston.
This will be the largest renewable energy project developed by the private sector in Jamaica.
“The private sector, with support from long-term lending partners like OPIC, IFC and the government of Canada, is keen to develop Jamaica’s renewable energy potential,” says Bruce Levy, BMR’s Director. “With this initiative we plan to bring cleaner, cost competitive energy to the Jamaican electricity sector.”
The USD62.7
Money Dashboard, the personal finance platform, has raised a further GBP2.5 million as part of its Series A funding round led by private equity fund manager Calculus Capital.
The round also included investment from Ariadne Capital, Par Equity, and The Scottish Investment Bank, and adds to the initial GBP2.7 million investment made in November 2013. The investment brings the total Series A funding raised by Money Dashboard to GBP5.2million (USD8.3m) in 12 months.
Over the last two years Money Dashboard has grown its user base by more than 300%, equating to hundreds of new users a day, and now has
Bravia Capital has acquired a significant minority stake in Thotakã Tecknologies India Private Limited (“Thotakã”), a Hyderabad, India based Engineering Services Company.
Thotakã is a business focused on high-technology product engineering and value added pilot manufacturing. The emergence of multi-Giga Hertz data-rates at chip and system level and modern communication technologies using radio frequencies, are creating new categories of devices and large-scale middleware systems development. Thotakã is focused on these developments across industrial and consumer appliances, automotive electronics, telecommunications devices and other strategic electronics.
Sriram Subramanian, Director Operations at Thotakã is bullish about the international markets in this field of
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