Latest News
Arthur Ventures, an early-stage venture capital firm headquartered in Fargo, North Dakota, has closed Arthur Ventures Growth Fund II (AVII).
The fund enables Arthur Ventures to continue forging partnerships with leading entrepreneurs to develop innovative solutions and build high-growth businesses that shape new markets.
AVII is a USD45m venture fund that follows Arthur Ventures’ 2008 founding fund (AVI). It brings the total assets under management at Arthur Ventures to more than USD65m. Investors (limited partners) in the fund are a targeted group of successful individuals that believe in the Arthur Ventures mission, the power of entrepreneurship, and the
Investcorp’s US-based hedge fund business and Kortright Capital Partners, a New York-based investment manager led by co-founders Matthew Taylor and Ty Popplewell, have formed a strategic partnership to provide Kortright stable growth capital while offering Investcorp and its investors access to a specialised event equity strategy.
Founded in 2010, Kortright is the newest asset manager to join Investcorp’s Single Manager Platform, which has a total of USD2bn in client and proprietary assets under management. Historically, Investcorp provides initial seed capital ranging from USD50m to USD100m.
Kortright focuses on the equities of small and mid-cap companies at complex points in
Omnes Capital, formerly Crédit Agricole Private Equity, is investing EUR15m in the Eratome group, a social housing renovation specialist, as part of a primary LBO alongside founder, chairman and chief executive officer Jean-Michel Nucera, the company’s managers and FSI Régions – bpifrance.
Founded in 1991 by Nucera, the Eratome group is a leading player in the buildings repair and maintenance market and in social housing renovation and refurbishment. As a multi-specialist, the Eratome group has expertise in all trades (plumbing, painting and decorating, electricity and wiring, floor coverings, carpentry, etc.). It has a 10 per cent market share of the
Carey Olsen’s corporate team has been involved in an energy fund launch which is believed to be one of the largest fundraising by a start-up in recent years.
Corporate partner Andrew Boyce (pictured) and senior associate (now partner) David Crosland worked with Blue Water Energy throughout the project advising on all Guernsey aspects of the structuring, establishment and closing of this Guernsey closed-ended fund.
Its first closing in September 2012 was oversubscribed and it closed at its hard cap in May 2013 raising USD861m.
The Blue Water Energy Fund will invest in transactions across the global energy
Private equity firm Nautic Partners has partnered with management to acquire Applied Consultants, a provider of inspection services to the oil and gas pipeline infrastructure industry.
Applied was founded in 1991 and is headquartered in Longview, Texas.
Applied offers an array of inspection services on pipelines, compressor stations and processing facilities used in midstream oil and gas energy transport. Major oil and gas midstream companies use Applied’s inspection services to ensure that pipeline infrastructure is constructed in accordance with high-quality standards and procedures.
Today, the company has over 450 inspectors working with clients in states across the
Woodfield Fund Administration, an independent third-party fund administrator, has chosen Smonik RECON to support the portfolio reconciliation needs of its diverse group of investment management clients.
Woodfield’s selection of Smonik RECON comes as investment managers are increasingly broadening their investment strategies across regions and asset classes in pursuit of investment returns. To support more dynamic investment strategies, firms must be able to quickly and easily modify middle- and back-office processes to minimise risk and ensure operational efficiency in the new market environment.
Smonik RECON’s platform design enables Woodfield to quickly onboard new clients providing them with straight-through processing
Cudos Capital, a middle market investment firm focused on growth equity, restructuring and buyouts in Central and Eastern Europe, has adopted Navatar Private Equity CRM to manage its investors and deploy its funds efficiently.
Cudos Capital is a part of Cudos Group, an investment company aimed at achieving outstanding returns to entrepreneurial investors by creating lasting value through growth and profitability. The firm manages and operates Cudos Entrepreneurs’ Fund I and picked Navatar to jump-start its investment infrastructure using state-of-the-art cloud technology.
"Navatar helped us establish our deal pipeline in hardly anytime at all," says Alon Shklarek (pictured),
Jersey Finance has welcomed the announcement from the Jersey Financial Services Commission (JFSC) that 25 bilateral agreements have been signed in respect of the Alternative Investment Fund Managers Directive (AIFMD), another key step in meeting the requirements of the Directive.
Jersey’s strategy, which is to offer flexibility within its funds regime to allow continued access to European markets, while also providing options for the rest of the world, remains on track. It is the intention of the Jersey funds industry to satisfy the criteria to comply with the AIFMD and remain attractive both for ongoing “business as usual” activity
The total number of UK mergers and acquisitions (M&A) and Equity Capital Market (ECM) transactions in H1 2013 fell by 17.3 per cent – from 2,491 in H1 2012 to 2,060 – according to Experian.
Despite the fall across the UK, the financial services and telecoms sectors flourished with the financial sector accounting for a third of all transactions in H1 2013 (670 transactions). It was one of the few sectors to return to positive M&A growth, up by around 4 per cent on H1 2012’s 649 deals.
The telecoms sector also saw a significant increase in transaction values
Benson Elliot, the UK-based private equity real estate fund manager, has appointed Lord Levene of Portsoken to the firm’s board of strategic advisors.
Lord Levene (pictured) brings a wealth of experience to Benson Elliot from a career in industry, finance and government spanning more than 40 years.
Currently chairman of Starr Underwriting Agents, General Dynamics UK and the UK Ministry of Defence Reform Group, Lord Levene was previously chairman of Lloyd’s – the insurance market – a position he held from 2002 to 2011.
Before joining Lloyd’s Lord Levene served as vice chairman of Deutsche Bank, having
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
