Latest News
Borro has secured a GBP67m lending facility through Victory Park Capital (VPC), an asset management firm that provides debt and equity financing to middle-market companies.
Borro, which has seen significant growth over the last five years, will use the new funding line to meet UK and US customer demand for large-scale personal asset loans.
Borro has disrupted the mainstream pawnbroking and auction industries by creating a liquidity platform for luxury personal assets. Launched in the UK in 2009 and in the US in 2012, Borro has defined a new category of personal asset lending in the process. With an average
Ian Kelly has been appointed group chief executive officer of the Augentius Group.
Kelly (pictured) has been with Augentius since its inception 11 years ago.
He has progressed through the business in a number of roles and more recently has been responsible for the launch of the company’s Luxembourg office, the Netherlands service, the development of the group’s Belfast operational centre and the Augentius depositary service.
He was previously group head of client delivery and led the recent Asian development within Augentius.
Kelly has over 15 years’ experience in the financial services, fund administration and private equity
DocuSign has raised an additional USD85m with the vast majority from large institutional public funds and the balance from existing investors.
DocuSign will use the funds to fuel continued growth as the global standard for Digital Transaction Management (DTM).
The company will further innovate the DocuSign DTM platform, drive deeper vertical solutions, invest in the company’s strategic partnerships, and continue its international expansion.
DTM is a new category of cloud services which digitally manages document-based transactions. DTM removes friction inherent in processes that involve people, documents, and data to create faster, easier, more convenient and secure transactions.
Nordic Capital Fund V is to sell Danish-based Kompan, a manufacturer of outdoor playgrounds and playground equipment, to a group of Danish investors.
Under Nordic Capital’s ownership, Kompan has been transformed from a dispersed European player into a global company and has completed 14 add-on acquisitions. Revenue has almost doubled reaching DKK1.3bn in 2013 while operating profits have more than tripled.
The new owners are Kompan CEO Connie Astrup-Larsen (10 per cent), supply chain director Jesper Egelykke Jensen (5 per cent), PFA pension fund (28 per cent) and private investor Christian Dyvig (57 per cent). Shares will also be
Norwest Equity Partners (NEP) has acquired Apothecary Products, a manufacturer and distributor of consumer healthcare products and pharmacy supplies.
NEP purchased the company from Terry Noble, pharmacist, founder and CEO of Apothecary.
The transaction closed on 28 February. Financial terms have not been disclosed.
Founded in 1975, Apothecary is a privately-held company with hundreds of patents and thousands of SKUs selling pharmaceutical and consumer healthcare products to independent and chain pharmacies, food and mass retailers, and distributors and wholesalers worldwide.
Noble, says: “I am very proud of the strong business our team has built and am excited
The private equity (PE) market is primed to expand and prosper in 2014 beyond, according to the Global Private Equity Report 2014 by Bain & Company.
Investment activity and deal volume will likely pick-up in 2014, though absent an unexpected revival in large public-to-private transactions it is doubtful that total buyout deal value will increase.
The report further finds fundraising success in 2013 has swelled the stock of investable PE capital, i.e. ‘dry powder,’ to more than USD1trn (about USD400bn for buyouts alone), helping to ignite intense competition and keep asset prices high.
This competition will be further
UBS Fund Services has launched its Depositary "Lite" platform to help managers of offshore funds fulfil the requirements of the Alternative Investment Funds Directive (AIFMD).
UBS will conduct the cash flow monitoring, safekeeping and general oversight requirements as required by the Directive which will be a change to the existing framework for offshore funds.
This new service is one of many new product offerings that UBS Fund Services will bring to market in 2014 to further support managers target European capital.
David Rochford, head of regulatory product development at UBS Fund Services, says: “We offer the full range
European sector-focused private equity investor HgCapital has made a significant investment in Ullink, a provider of connectivity and trading solutions to the financial community.
The partnership with HgCapital will see Ullink further growing its business and pursuing extensive expansion plans.
Founded in 2001 by the current CEO Laurent Useldinger, Ullink has grown quickly to become one of the fastest growing companies in its sector. HgCapital’s investment will help Ullink to accelerate its organic growth across the business.
HgCapital is investing alongside Useldinger and the current management team who will continue to lead the business on to its next
Private equity provider LDC has extended its commitment to support the growth of UK-based manufacturing and specialist engineering businesses, after investing more than GBP250m in the sector within the last two years.
Having announced an initial commitment of GBP200m to the sector in October 2011, and increased it to GBP300m in 2013, LDC has now further increased its investment target, pledging to place a total of GBP500m into relevant new investments by the end of 2015.
The GBP500m commitment will continue to focus on firms with specialist manufacturing capabilities across a wide range of niche industrial sectors such as
The Investment Program Association (IPA) has appointed Matthew Tramel as chief communications officer.
Tramel will direct the IPA's overall strategic communications to all audiences, including sponsor, broker-dealer and associate members, the media and other constituencies, and will be responsible for creating greater understanding of direct investments generally.
"We're excited to have such a high-calibre communications professional join the IPA," says Kevin M Hogan, president and CEO of the Investment Program Association. "Matt has extensive experience working with our many audiences and has played a pivotal role in the IPA's public relations initiatives. As we expand our reach and address
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
