Latest News
With less than one month to go until the transitional phase of the EU Alternative Investment Fund Managers Directive (AIFMD) comes to an end, Jersey is seeing a strong take-up in its private placement route into Europe.
Figures from the Jersey Financial Services Commission (JFSC) show that more than 70 per cent of the 52 funds registered so far this year in Jersey have been approved to market into the EU under the AIFMD through Jersey’s private placement regime.
In addition, according to the JFSC, a total of 43 funds have so far been registered to market into the
Fiona Le Poidevin of Guernsey Finance explains how Guernsey remains the ‘go-to’ jurisdiction for domiciling private equity funds.
As a jurisdiction, Guernsey has become synonymous with private equity.
There are in the region of 850 Guernsey domiciled investment funds which are used for cross-border distribution to all corners of the globe and there is recognition that there is a wealth of expertise and infrastructure in the Island for the structuring, management and administration of private equity funds.
Apax, BC Partners, Mid-Europa, Permira and Terra Firma amongst others have established operations in Guernsey which is a testament to the
TCA Fund Management Group has published the prospectus for TCA Credit Liquidity Fund (TCA CLF), a feeder fund for TCA Global Credit Master Fund.
TCA CLF will be listed as a closed-end investment company through an initial public offering (IPO) on the AIM market of the London Stock Exchange, with admission expected to occur by August of this year, and will be eligible for inclusion in ISAs.
The IPO is targeting to raise USD25 million (GBP15 million), with shares issued at 100p per share.
The Master Fund began making investments in 2010 and currently has an established portfolio
BC Partners portfolio company Mergermarket Group has acquired Perfect Information, the London-headquartered provider of global workflow solutions and financial information for investment banks and corporate finance advisory professionals, for GBP26 million.
Founded in 1991 as the first online provider of original corporate filings, Perfect Information offers a suite of digital subscription-only products to around 17,000 users in 42 countries.
The group’s core products include:
· PI Navigator and newly-created Filings Expert, a corporate finance and capital markets database providing access to 18 million filings for 50,000 companies worldwide. Filings Expert launched in Q1 2014, upgrading PI Navigator users
DKG Group has obtained USD10 million in a new round of fundraising, which raised its net worth to an estimated value of USD800 million.
Private equity firm CPC, KGV venture group and DAG Asia investment advisors have jointly invested.
DKG Group has targeted its listing onto the preferred exchanges in Europe, and intends to raise USD85 million. With an approximate total issued share of 100 million shares (excluding underwriters’ over-allotments), DKG Group will have a market capitalisation of USD500 million to USD800 million.
DKG’s future development and growth will be focused on gaming and leisure, while the O2O
American Securities has closed its third distressed private equity investment partnership, American Securities Opportunities Fund III, with total capital commitments from external investors of USD1 billion.
The partnership was oversubscribed and hit its hard capitalisation, ending with nearly 40 per cent more capital than its USD753.4 million predecessor, American Securities Opportunities Fund II.
Institutional investors included asset managers, insurance companies, pension funds and sovereign wealth funds.
Lawrence A First, chief investment officer of American Securities Opportunities Fund, says: "We are pleased to have raised a new pool of capital that will allow us to continue to apply our
Private equity fund administrator Ipes has appointed Mark Coppin as operations director for Ipes UK.
Coppin (pictured) brings with him more than 16 years financial services experience during which he has specialised in private equity accounting and administration.
A member of the Institute of Chartered Accountants in England and Wales (ICAEW) Coppin has joined Ipes from Langham Hall where he was in charge of the private equity reporting team, advising clients in private equity funds, venture funds and fund of funds.
Coppin says: “I joined Ipes because it has a pure private equity focus and real strength and
The AIM-quoted investment fund Adamas Finance Asia (ADAM) expects to benefit from newly-introduced reforms to ease controls on cross-border lending to Chinese businesses.
The new reforms were introduced this month by China’s State Administration of Foreign Exchange (SAFE) to address concerns that tight credit and slowing investment may stall the country’s 7.5 per cent GDP growth objective for 2015.
According to the Magic Circle law firm Clifford Chance, the easing of lending controls can be expected to reduce transaction times and associated costs for offshore investors who also stand to benefit from increased flexibility and strengthened enforcement over security.
Castle Hall Alternatives has launched OpsDiligence, an online platform allowing investors to build due diligence programmes across all asset classes, including hedge fund, private equity and long only portfolios.
“OpsDiligence offers a new solution to the challenges of investor due diligence,” says Chris Addy, Castle Hall’s president and chief executive. “As the operational due diligence process has matured, investors now require a flexible, risk based approach, coverage across all holdings, irrespective of asset class, and a far more sophisticated technology platform. OpsDiligence delivers across all these criteria.”
The foundation of OpsDiligence is OpsData. Castle Hall populates the OpsData online
The Islamic Development Bank has launched the USD2 billion Islamic Development Bank Infrastructure Fund II, the largest private equity infrastructure fund dedicated to the 57 member countries of the IDB.
The IDB Fund II is supported by the Public Pension Agency of the Kingdom of Saudi Arabia, the Public Investment Fund of the Kingdom of Saudi Arabia, the Ministry of Finance of the Kingdom of Bahrain and the Ministry of Finance of the Sultanate of Brunei Darussalam as founding investors, with aggregate commitments totalling USD750 million for the first closing.
A final closing with additional investors is targeted for
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
