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New York-based IQ Financial Marketing Corp is offering hedge funds, private equity firms and other boutique asset managers a complimentary audit of their current marketing materials. The offer, which applies to both start-ups and well-established firms, gives organisations an opportunity to have IQ’s senior marketing team view their current marketing materials, provide objective feedback, and recommend steps to make their marketing communications more competitive.   IQ’s principals Michael H Greenstein and Nancy J Dennis are long-time financial marketing consultants well versed in helping financial services firms achieve competitive advantages through branding, marketing strategies and communications.   “Our aim is to
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PrivatEquity.biz, Israel’s first secondary market trading arena, has begun operations allowing private investors, family offices, investment firms, and venture capital funds to purchase the securities of private companies.

 Currently the securities of about a dozen companies which have concluded the registration process are available via the web-based service.   Other companies interested in raising capital via the market as well as other private holders of high-tech companies' securities are currently concluding the registration and will be availablesoon   
 
   The PrivatEquity.biz site is available in Hebrew, English and German version and, so far, 70 per cent of the investors
Private equity firm GTCR’s management partnership Opus Global, led by former VeriFone chief executive Douglas Bergeron, has acquired Hiperos, a specialist in third party management. Hiperos’ SaaS-based solutions serve the third party-related information management, risk, compliance and performance needs of Global 2000 companies such as Aetna, AXA, Bank of Montreal, CA Technologies, Charles Schwab, Microsoft, News Corporation, PNC Bank, Rockwell Automation, Sun Life Financial, State Street, TD Bank, and United Technologies.   GTCR and Opus Global – in partnership with Hiperos’ current management team – will look to accelerate the company’s strong rate of organic growth by investing in global
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Chancery Investment Partners (CIP), a provider of tax efficient private equity investments, has hired Patricia Reynolds as business development director. Reynolds joins CIP from Carey Pensions, the UK administration and trustee company of Guernsey-based Carey Group.   Prior to Carey, Reynolds was at The Royal Bank of Scotland for over 15 years, where she spent nine years as senior business financial planning manager with responsibility for the sale of retail financial services products including SIPPs and savings and investment products to the bank’s retail business and commercial banking clients.   Gary Robins, partner at CIP, says: “Patricia has a fantastic relationship
Dollars
Agritek Holdings is to receive an estimated USD400,000 from its institutional partners and private equity fund based in Chicago this month. The funds will be used to roll out and market the company's Mont Blunt brand of e-cigarettes and to cover initial infrastructure costs related to its agricultural greenhouse project based in Pueblo, Colorado.   "Our appearance at last week's First Annual Cannabis conference in Denver clearly raised awareness of our company and the Mont Blunt brand to the investment public and investors alike. We have already received the initial USD200,000 to our balance sheet as of last week and
Private equity firm Vector Capital has acquired IPVALUE Management from existing venture investors and other shareholders. Financial terms of the transaction have not been disclosed.   IPVALUE, founded in 2001, is a provider of intellectual property (IP) transactional and advisory services for the world’s premier technology companies, top R&D labs, and other developers and owners of marquee intellectual property.   IPVALUE partners with these IP owners to generate revenue from under-monetised patents via licensing, as well as via patent sales or divestiture transactions when appropriate.   Rob Amen, a managing director at Vector Capital who will join IPVALUE’s board of
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Private equity and alternative firms are moving down market to support the retail marketplace, according to research from analytics firm Cerulli Associates. "Private investment managers, following in the tracks of hedge-fund-focused alternative firms and traditional long-only managers, are tapping the public markets," says Michele Giuditta, associate director at Cerulli. "Delivering illiquid private investments to the retail marketplace is challenging, as the typical buyout fund on average has a lifecycle of approximately 10 years."    Cerulli's latest annual report, Alternative Products and Strategies 2014: Identifying Opportunities in a Dynamic Investment Landscape, focuses on the US retail and institutional alternative product landscape,
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Private equity firm MidOcean Partners has made a significant minority equity investment in Nutrabolt, a nutritional life sciences company known for its popular sports nutrition brand, Cellucor. Founded in 2002 in Texas, Nutrabolt produces a line of sports nutrition products under the Cellucor, Neon Sport and Royal Sport brands.   The company's brands are sold within leading sports nutrition retailers in North America and internationally.     "MidOcean has extensive experience in the health and wellness space, and we found Nutrabolt's unique and leading position in the sports nutrition marketplace very compelling," says Daniel Penn, a MidOcean principal. "We are
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Weldex, a UK crane hire company backed by private equity firm Dunedin, has appointed Bill Caplan as chairman. Dunedin backed the GBP55m management buyout (MBO) of Weldex in June 2010.   Until recently, Caplan served as an executive director on the board of Aggreko.   Prior to joining Aggreko, Caplan spent 18 years working for UPS’ international parcels and supply chain solutions divisions.    Nicol Fraser, partner at Dunedin, who sits on the board of Weldex, says: “Bill has a great deal of experience in managing and growing large-scale international operations for privately and publicly held companies and we are
The US Securities and Exchange Commission has issued a new Guidance Update – “Private Funds and the Application of the Custody Rule to Special Purpose Vehicles and Escrows.” According to Cordium, this regulatory update is relevant to certain registered investment advisers to private pooled investment vehicles using special purpose vehicles (SPVs) when making investments (investment SPVs) and to firms that use escrow accounts when selling interests in portfolio companies, in both cases typically private equity firms. 

   The Guidance Update discusses how advisers with Investment SPVs may comply with Investment Advisers Act of 1940 Rule 206(4)-2 (the “Custody Rule”), specifically

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