Latest News
Patrick Moonen (pictured), Senior Strategist Multi Asset at ING Investment Management (ING IM), on European equities…
It’s not clear whether a consistent positive relation exists between the average temperature on European beaches and market performance, but since the start of the summer global investors seem to look with a different eye to the European equity market. Although we must not get carried away – as one swallow does not make a spring – we think investors did rightfully become more positive on Europe.
For a starter, Europe emerged from recession in the second quarter. The improvement was broad-based with both
Matthew McAskin has joined the Evercore’s investment banking business as a senior managing director in its healthcare group.
He will be based in New York and will focus on advising clients in the healthcare services sector.
McAskin was most recently a managing director and co-head of healthcare services investment banking at Goldman Sachs. With over 17 years of banking experience at Goldman Sachs and JPMorgan, McAskin has extensive experience advising a broad array of healthcare services companies and private equity firms, and he has advised on a number of the most recent notable transactions in the hospital, managed
Foundation Capital has named Jonathan Ehrlich as partner at the firm.
Ehrlich (pictured), a former director of marketing at Facebook, will concentrate on identifying and investing in early-stage consumer, mobile, and small business oriented startups and technologies.
“Jonathan is everything Foundation Capital looks for in a partner,” says Charles Moldow, general partner at Foundation Capital. “He has tremendous operating experience, a strong rapport with entrepreneurs and knows what it’s like to be on the front lines of the VC world. We couldn’t be more excited to have him find new projects and look forward to the immediate value
Murano’s Chromic Reverse Solicitation Process (Chromic RSP) enables investors and fund managers to comply with the AIFMD reverse solicitation conditions.
Chromic is an important tool to assist in the documentation process.
Chromic enables investors to receive information directly from fund managers using the service provider’s infrastructure when carrying out searches. In this process, a service provider sends an email to the investor detailing the characteristics of a fund or funds that are potentially suitable. This email contains a button which, when clicked, will generate an email that is sent on behalf of the investor (i.e. from the investor’s
Katherine Woodthorpe is retiring from her role as chief executive of The Australian Private Equity and Venture Capital Association (AVCAL).
Woodthorpe says that after seven years in the role, the time is right for her to pursue fresh challenges.
AVCAL’s chairman John White says: “Shortly after Katherine joined AVCAL as CEO, private equity was in the regulatory spotlight in the US, UK and Australia. Katherine was instrumental in assembling the evidence to show that PE had an overwhelmingly positive impact on the Australian economy. Since that time, Dr Woodthorpe and her team have done much to build a better understanding
FNB Capital Partners has launched the Small Business Investment Company (SBIC), which closed in May 2013 and received its licence from the US Small Business Administration to operate FNBCP as an SBIC on 21 August.
Along with its initial capital raise and SBA leverage, FNBCP has deployable capital of USD175m. FNBCP’s investors include several high net worth individuals, a pension fund and six regional banks, including anchor investor FNB Corporation.
FNBCP, which exceeded its initial target of USD150m, will be managed by Tecum Capital Management.
As the only active SBIC based in Pittsburgh, Pennsylvania, FNBCP will focus
Summit Partners is to sell Actix Ltd, an independent software provider in mobile optimisation, to Amdocs for approximately USD120m in cash, subject to customary closing conditions.
Bill McHale, chief executive of Actix, says: “Summit Partners’ expertise in the mobile telecommunications and software sectors enabled Actix to develop the ActixOne platform. The optimization space has been undergoing significant changes, and Summit helped the Actix management team become a significant vendor in this dynamic, growing market. These factors allowed Actix to realise its potential and become part of the much larger Amdocs family.”
“It has been a pleasure to work
Actis, the pan-emerging markets private equity firm, has acquired 60 per cent of Atlantic Energias Renovaveis, a Brazilian renewable energy company, for an initial commitment of USD169m through a primary transaction.
Actis will be joining existing shareholders Pattac (24 per cent) and Servinoga (16 per cent), the co-founders of Atlantic and experienced infrastructure investors.
Atlantic is a renewable energy platform that has 220 MW of projects with long-term PPAs and a proprietary land bank with 1.8 GW of wind potential. Besides the USD169m initial commitment, Actis expects to invest a further USD100m into Atlantic over the next five years
Wishabi has secured a USD15m series B financing round with Insight Venture Partners.
The new capital will be used to accelerate the development and deployment of new technology and for continued rapid growth in the US market.
Retailers today spend an estimated USD18bn to print and distribute advertising flyers, also known as circulars, through direct mail and in daily and weekly newspapers.
Using Wishabi’s digital circular platform, retailers now are delivering hyper-local, hyper-personal flyers to current and prospective customers. The technology uses deep integration with retailer databases to digitally distribute circulars direct to consumers and through premium media partners
Boticca.com, a fashion accessories-only focused website, has closed a GBP2.5m series A financing from UK-based venture capital firm MMC Ventures and high net worth individuals in Europe, the Middle East and Asia.
The individual investors include Turkish entrepreneur Sina Afra, chief executive and chairman of Markafoni and former European director of M&A for eBay.
This marks Boticca’s second round of financing following a GBP1.5m seed round in June 2011 led by French Internet entrepreneurs’ fund ISAI, who also contributed to this round.
Launched in October 2010, Boticca.com enables customers to connect with, and purchase directly, from professional small
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
