FORWARD FEATURES CALENDAR

Find us on

Latest News

Fiona Le Poidevin, chief executive of Guernsey Finance
Fiona Le Poidevin has resigned as chief executive of Guernsey Finance, the promotional agency for the island’s finance industry internationally, to head up the Channel Islands Securities Exchange (CISE). She will leave in early 2015 to become chief executive at the CISE, which is responsible for the day to day administration and marking operations of the new exchange.   CISE is the parent company of the Channel Islands Securities Exchange Authority (CISEA), which is responsible for operating and regulating the exchange.   Jon Moulton, chairman of the CISE says: “I am delighted that Fiona has decided to join us as
Euros
AnaCap Financial Partners, together with HIG and Deutsche Bank, has completed the acquisition of a EUR495m portfolio of non-performing and sub-performing loans from Volksbank Romania.  Under terms of the agreement, funds advised by AnaCap will jointly acquire the entire portfolio with HIG and Deutsche Bank.   The portfolio of 3,566 loans in total is backed by a mix of primarily residential, commercial real estate and development land.  APS Romania will be appointed as master servicer.   The transaction is the largest of its kind in Romania to date and came about as a result of the ongoing pressure on financial
Private equity firm Vista Equity Partners has acquired AGDATA, a provider of strategic data and analytical solutions to the world’s largest agricultural, crop protection and animal health manufacturers. AGDATA was previously a portfolio company of SFW Capital Partners.   Founded in 1985 and headquartered in Charlotte, North Carolina, AGDATA’s core product, Integrated Data Solutions (IDS), allows input manufacturers and trait providers to analyse complex sales data, analyse sales trends, as well as to develop and maintain marketing and seed rebate programmes.   The Company also offers AgCelerate Industry Standard Platforms, a suite of SaaS-based solutions that allow growers to self-verify
Oil rig
The Royal Bank of Scotland (RBS) has completed a GBP20 million re-banking of EV Offshore.  This marks an ongoing banking relationship for EV, following the recent GBP69 million management buy-out supported by Dunedin, the UK mid-market private equity firm.   Dunedin backed EV in a transaction that saw it employ its trademark DebtBridge solution in order to ensure deliverability and certainty of debt funding for the company. This is the sixth investment in which Dunedin has used its DebtBridge product.   EV designs, manufactures and provides high performance, ruggedised video cameras that are used to diagnose and analyse problems in oil
European growth private equity specialist Keensight Capital has received Alternative Investment Fund Manager (AIFM) authorisation from the French market regulator Autorité des Marchés Financiers (AMF). Following this formal authorisation, Keensight Capital will now be able to offer its investors a secure and European-wide regulatory framework implementing its investment strategy.   The application procedure was initiated by Keensight Capital at the beginning of 2014, well before the deadline for AIFMD compliance.   The attribution of this official label was largely facilitated by the fact that processes similar to those required by the directive were already in place and used by the
iPhone
PointGuard Ventures has led a USD13 million financing round for Movius Interactive Corporation, an Atlanta-based specialist in mobile identities and converged messaging solutions. New Enterprise Associates (NEA) and Anschutz Investments also participated in the round.    Movius is the first mobile investment from PointGuard's new fund, and will be used to fulfil and accelerate the company's global expansion associated with its next generation mobile applications platform known as CAFÉ (Communication Applications Framework Engine) and myIdentities.   "Over 150 global carriers have already partnered with Movius, and we have several major partnership announcements coming later this year," says Dominic Gomez, CEO
South Africa Flag small
Private equity investor Actis has substantially exited from Alexander Forbes Group by selling a nine per cent stake in an oversubscribed offer through the Johannesburg Stock Exchange (JSE). Actis still holds a four per cent stake in the South African financial services company.   Mercer Africa, a subsidiary of Marsh & McLennan Companies, has agreed to acquire 34 per cent of Alexander Forbes as part of the exit deal, an investment that would give Mercer an opportunity to broaden its exposure in sub-Saharan African markets.   Mercer is initially acquiring a 14.9 per cent stake, at the time of the
London Stock Exchange
Zeus Capital has advised Epwin Group, a manufacturer of low maintenance building products, on its admission to AIM as nominated adviser and sole broker, including the GBP94 million institutional fundraise. Epwin has a market capitalisation of GBP135 million.   The Cheltenham-based company announced its intention to float on AIM on 10 July in a bid to raise GBP10 million to repay a portion of its debt. The group placed 135 million ordinary shares at a price of 100 pence under 'EPWN' and issued a free float of approximately 70 per cent.   Founded in 1976, Epwin was one of the
Altium acted as exclusive financial adviser to The Carlyle Group and the management team on the sale of ADA Cosmetics to private equity investor ARDIAN. Sascha Pfeiffer, managing director of Altium, says: “This transaction exemplifies Altium’s strong position in the relevant private equity community. We approached a limited number of potential investors and crafted a very focused M&A process and successfully completed this buyout in less than four months. In addition, this transaction demonstrates our strong competence in the health & beauty sector: After Douglas and LR Health & Beauty Systems, ADA Cosmetics was already the third transaction in this
The Private Equity Principal Group (PEPG), a professional association designed for individuals at the principal and vice president levels within private equity firms, has launched in the US. The association was developed as a resource to provide members with the skills and resources necessary to take the next step in their careers.   “We began to see that there was not enough training and education for young professionals in the private equity space. PEPG’s goal is help provide the education, training, and connections necessary for principals’ path to partnership,” says Neil C Krauter, chairman of the PEPG board of directors.

Special Reports

Featured

Events

12 November, 2026 – 8:00 am

Directory Listings