Latest News
The European Private Equity and Venture Capital Association (EVCA) has elected Anne Glover, chief executive and co-founder of Amadeus Capital Partners, to serve as its chairman for the year to June 2015.
She succeeds the 2013-2014 chairman George Anson of HarbourVest Partners, who will become EVCA´s immediate past-chairman.
“In the last 12 months the EVCA has continued to build on its strong foundation of proactive communications, notably through the update of the Professional Standards handbook, as well as expand its education programme,” says Anson. “I am confident that, under Anne´s leadership, the EVCA will continue this momentum and bring
The Goldman Sachs Group and Bain Capital Partners have agreed to pay a total USD121 million in settlement of Dahl v Bain Capital Partners, according to law firm Robins, Kaplan, Miller & Ciresi.
Bain has agreed to a settlement for USD54 million, and Goldman Sachs agreed to a USD67 million settlement, as two of seven defendants in the case.
Plaintiffs are former shareholders of certain public companies who sold their shares to the defendant private equity firms in large leveraged buyouts (LBOs) announced between 2003 and 2007.
In 2007, the defendants, all major US private equity firms, were
Quarton Partners, a middle market investment banking firm serving privately held and publicly traded companies as well as private equity firms, has hired Matt Schloop and Doug Shinkle.
Schloop joins Quarton as a director. He has over 14 years of middle market merger and acquisition experience across many industries, with a particular focus on industrial manufacturing, distribution and service businesses.
Prior to joining Quarton Partners, Schloop spent eight years with Pfingsten Partners, a Chicago-based private equity firm. Schloop also held positions at Mesirow Financial and P&M Corporate Finance prior to joining Pfingsten.
Shinkle joins Quarton as an analyst. Shinkle
Funds advised by IK Investment Partners are to sell Minimax Viking to Kirkbi A/S, a Danish investment company, and Intermediate Capital Group (ICG), a specialist asset manager.
Financial details have not been disclosed.
IK acquired Minimax together with the company’s management in June 2006, at a time when the company was a regional market leader in Europe and Germany and ranked third worldwide in its market.
In the past eight years, Minimax has transformed into a global market leader with a fully integrated offering covering fire suppression products and distribution, system integration and services. It has more than
EisnerAmper has launched EisnerAmper Compliance and Regulatory Services (CARS), a full-service consultancy providing outsourced compliance programmes and solutions to US and offshore investment advisers.
CARS supports clients managing all asset classes including alternative (hedge funds, private equity funds, funds of funds and CPOs) and non-alternative investment vehicles, wealth managers, managed account platforms, mutual funds, broker-dealers and family offices.
CARS is led by Gary Swiman, Ppincipal, and Carmine Angone, director. They have more than 25 years of experience in evaluating, implementing and leading compliance, audit, and anti-money laundering departments for some of the world’s largest asset management and broker- dealer
Varagon Capital Partners, a new asset manager focused on direct lending to middle market companies, is aiming to provide tailored investment services that meet the needs of sophisticated institutions.
Varagon is an independent firm, backed by American International Group and by certain partners and affiliates of Oak Hill Capital Management, and launches with an initial USD1.5 billion investment commitment from AIG.
Varagon offers a way of investing in middle market credit, providing tailored investment services that meet the needs of sophisticated institutions. Varagon couples information transparency and flexible investment mandates with robust risk management to create a differentiated proposition
SpotHero, a mobile app helping drivers reserve parking on demand, has secured a Series A investment of USD4.5 million.
The funding round included participation from Chicago Ventures, Bullpen Capital, Battery Ventures, OCA Ventures, Pritzker Group Venture Capital, Lightbank, G2T3V, e.ventures, Draper Associates and 500 Startups.
Mike Gamson of LinkedIn will join SpotHero's board of directors, which includes Sam Yagan (CEO of Match.com) and experienced venture capitalist Sam Guren.
SpotHero's free mobile app for iPhone and Android helps drivers find parking in convenient garages and lots, compare affordable rates and reserve spots in advance. The app helps garages fill
King & Wood Mallesons SJ Berwin advised Antin Infrastructure Partners on the structuring of its second fund, Antin Infrastructure Partners II.
The fundraising was completed in less than a year and exceeded the initial target of EUR1.5 billion, reaching its hard cap of EUR2 billion.
The fund, Antin Infrastructure Partners II, gathered more than 60 international investors (existing and new) including pension capital funds, insurers, assets managers and sovereign wealth funds.
Ed Hall, investment funds partner at King and Wood Mallesons SJ Berwin, says: “Antin went to market with an innovative UK/French parallel structure, which investors found very attractive.
The exponential growth of Big Data will trigger a sharp rise in UK financial services firms being investigated, and potentially fined, by regulators, according to Data-as-a-Service provider Anomaly42.
The warning follows a string of high-profile cases of international banks facing multi-million pound fines for breaking AML (anti-money laundering) rules and sanctions violations.
Soon, however, this heightened level of forensic investigation by legislators and regulators globally is set to cascade down through the financial services sector as a whole — and affect even the smallest firms.
Big Data platforms are increasingly being used by regulators to automate the process of
Insurance provider Apsley Specialty has joined forces with Lloyd’s Pembroke Syndicate 4000 to provide capacity for its insurance offering to the alternative asset management sector.
Pembroke, a wholly owned subsidiary of Ironshore Inc, operates as a syndicate within the Lloyd’s of London insurance market and is a provider of specialty insurance coverages, including those pertaining to financial institutions and, in particular, asset managers.
The Alternative Investment Management Directive (AIFMD) now dictates that many hedge fund managers must, for the first time, have professional indemnity insurance coverage in place. Apsley is the first firm in Europe to have designed an
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
