Latest News
Union Group, a major investor in real assets in emerging Latin American countries, has completed a capital increase with Dundee Corporation, a Canadian asset manager with a track record in resources investments.
The sale takes Dundee’s stake in the company to 40 per cent and proceeds will be immediately deployed in expanding Union's presence in Latin America, across its high-growth portfolio of assets and businesses.
The acquisition by Dundee increases its exposure to Union’s extensive network of rapidly expanding portfolio businesses, valued in excess of USD1 billion, which are focused across resources, commodities and infrastructure, currently primarily in Uruguay,
Cisco has made an investment in Georgian Partners Growth Fund II, the newest fund from Georgian Partners, a growth equity firm investing in expansion-stage software companies.
"We are very pleased to have Cisco investing our second fund," says Simon Chong, co-founder and managing director of Georgian Partners. "To have a global leader like Cisco join the fund as an investor demonstrates the validity of our Applied Analytics investment thesis."
"By investing in innovative companies we gain valuable insight into the Canadian start up and entrepreneurial community," says Cisco Canada president Nitin Kawale. "Georgian Partners is at the forefront of
Venture capital firm Bain Capital Ventures has appointed Enrique Salem as a managing director based in its Palo Alto office.
Salem will identify and lead investments in companies in infrastructure software and services across all stages of development.
He was previously the CEO and president of Symantec, a provider of security, backup and availability solutions.
"Enrique is an experienced leader, investor and operating executive in the software industry and we are thrilled to have him join Bain Capital Ventures," says Mike Krupka, co-managing partner of BCV.
"I'm a technologist at heart, and I am excited to have
Bridgepoint Development Capital (BDC) has acquired Phlexglobal, a provider of Trial Master File and electronic Trial Master File solutions and services to the life sciences sector.
Phlexglobal was previously backed by Inflexion.
BDC will support Phlexglobal’s plans to develop technologies, expand its client base across pharma, biotech and contract research organisations and extend its global footprint.
Alan Payne, partner at BDC, says: “With the increasing emergence of technology in the TMF market, the company is now well placed to replicate its eminence in the services market to become the eTMF provider of choice and the leading TMF services
Kirill Dmitriev, chief executive of the Russian Direct Investment Fund (RDIF), is launching an initiative to form a joint fund to invest in the equity capital of BRICS infrastructure projects.
Dimitrev made the announcement at the BRICS summit in Fortaleza. Representatives of leading financial institutions, BRICS sovereign wealth funds and RDIF’s international partners have given their support to the initiative.
Should the negotiations be successful, the joint fund will become operational by the next BRICS summit which is scheduled to take place in Ufa (Russia) in 2015.
Since its inception in 2011, the RDIF has raised in excess
Law firm Schulte Roth & Zabel (SRZ) has appointed Jeremy R Saks as special counsel in the firm’s New York office.
He will focus his practice on mergers and acquisitions, private equity investments and corporate governance.
Saks, who joins the firm from Simpson Thacher & Bartlett, has experience representing clients in connection with a variety of transactions, including leveraged buyouts, tender offers, spin-offs, carve-outs, PIPEs, preferred stock and warrant offerings, dividends and dividend recaps. He has also advised private equity clients in their ongoing relationships with portfolio companies from acquisition through exit, and he has counselled both public and
Equistone Partners Europe has exited PD&MS Energy, a provider of engineering, procurement and construction (EPC) services for the global oil and gas industry, in a secondary buyout to Inflexion.
The mid-market private equity firm has achieved a 2.9x return on total investment after it backed the management buyout in 2010.
Founded in 2002 by its current management team, PD&MS Energy serves the drilling, production and marine sectors. Its core capability is ‘brownfield’ design engineering services, using project planning and design software tools to service drilling and production operators throughout the oil and gas market.
PD&MS Energy employs more
NorthEdge Capital, the private equity firm focused on investing in businesses based in the North of England, has backed Blackburn-based tissue converter Accrol Papers in a GBP66million deal.
Accrol, established in 1993, employs 300 staff with a current turnover exceeding GBP100million. One of Europe’s largest independent converter of soft tissue products, the business has a manufacturing capacity in excess of 80,000 tonnes per annum.
The business, founded by the Hussain family, has grown significantly in the last five years. The investment by NorthEdge will facilitate the acceleration of the company’s expansion programme to increase capacity and support further growth,
Edison Ventures has changed its name to Edison Partners in a move that it says unifies its investment strategy with the people and partnership approach behind it.
The change is effective immediately.
“This is an exciting time for our firm and we believe the name, Edison Partners, not only is representative of our evolution in recent years, but also better describes our strategy in terms of our approach with entrepreneurs and stage of company in which we invest,” says Chris Sugden, managing partner.
The firm says its new name reflects its commitment to:
1. An investment strategy focused
Private equity fund Change Capital Partners has acquired a majority stake in Frette, an Italian luxury linen and home furnishings business.
Change Capital Partners will make a significant investment into the company.
Frette’s existing owner, JH Partners, a San Francisco-based consumer focused private equity firm, will retain a minority stake in the business.
Founded in 1860, the company has supplied high quality linens to aristocratic families throughout Europe as well as the Vatican. Frette has 15 directly owned boutiques around the world.
Frette had consolidated sales of circa EUR90m in 2013 and it sells through a combination
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
