Latest News
Macquarie Infrastructure and Real Assets (MIRA) has completed a restructure agreement with members of Renaissance Capital and Renaissance Group which will see MIRA assume sole management of the infrastructure fund the groups previously co-managed.
The fund will be renamed Macquarie Russia & CIS Infrastructure Fund (MRIF).
As part of the transaction, Macquarie doubled its equity commitment to MRIF to USD100m, following its acquisition of Renaissance Capital Holdings Limited’s commitment to the fund. The restructure was supported by the fund’s investors and represents a significant step for Macquarie in Russia and CIS, as it looks forward to continued growth
Jim Douglass has joined Fulcrum Equity Partners as partner.
He will work closely with the fund’s existing portfolio companies and will also develop new investment opportunities.
Douglass brings more than 25 years of operations management, strategic development and financial experience with high-growth companies, particularly in the financial services, marketing services and healthcare industries.
He was most recently chief executive of Vesdia, a pioneer in card-linked marketing for financial services, airline and hospitality companies, which merged with Cartera Commerce in January 2011. He still serves on Cartera’s board of directors. Prior to Vesdia, he served as CEO for
The European Private Equity & Venture Capital Association has elected George Anson of HarbourVest Partners as its chairman.
Anson (pictured) is the first EVCA chairman to be an investor (limited partner).
Anson succeeded Vincenzo Morelli of TPG Capital at the EVCA 30th Anniversary Symposium, held in Istanbul, Turkey.
He says: "As it reaches its 30th anniversary, the EVCA is at an important crossroads. Private equity fund managers become regulated by the EU this year and have gained recognition as essential drivers of growth through their active investments in European companies. The spotlight now turns to private equity’s
Bilfinger Berger Global Infrastructure (BBGI) has announced an open offer and placing with a target issue size of GBP70m and an issue price of GBP1.07 per new share.
The 1:6 offer represents a premium of 4.26 per cent to the estimated NAV per existing ordinary share of 102.63p as at 30 April 2013, and a discount of 8.5 per cent to the closing share price of 117p as at 21 June 2013.
The target size of the capital raising may be increased to a maximum of GBP133.75m which represents the current maximum shareholder authority to issue new shares otherwise than
Tully & Holland has acted as exclusive financial adviser to Cains Foods on its definitive sale agreement with TreeHouse Foods, an Oak Brook, Illinois food manufacturer.
Cains, based in Ayer, Massachusetts, manufacturers shelf stable mayonnaise, dressings and sauces sold under the Cains, Naturally Delicious, and Olde Cape Cod brands, and a broad array of private label products for leading food service distributors, national chains and retailers. TreeHouse has agreed to pay USD35m in cash for the business, subject to adjustments for working capital and taxes. The transaction is expected to close within 30 days.
"As a privately-owned food manufacturer,
Azad Zangana, European Economist, Schroders provides an insight into what Mark Carney can expect upon his arrival and comments on what the future may hold for Britain.…
Mark Carney will take over as the Governor of the Bank of England from the start of July, having been handpicked by the Chancellor to bring about a new level of monetary activism. As he arrives, he will find macro data improving for the UK, which is good news, but will make it more difficult for him to change the entrenched positions set out by the other Monetary Policy Committee (MPC) members.
Applied Predictive Technologies (APT) has received a USD100m minority investment from the merchant banking division of Goldman Sachs, representing a substantial investment in the growing field of cloud-based predictive analytics.
The challenge for most large organisations today is not in collecting enormous quantities of data, but how to rapidly use this Big Data to make decisions that drive business value. APT’s software platform is revolutionising the way Global 2000 companies harness their Big Data to accurately measure the profit impact of advertising, marketing, pricing, merchandising, operations and capital initiatives, tailoring investments in these areas to maximise ROI.
Data
Paris-based investment firm Tikehau Group is to become a 35 per cent shareholder in Duke Street and provide committed capital to accelerate the firm’s deal-by-deal model.
In partnership with Tikehau, Duke Street will have the capacity to underwrite any new deals in its target range.
Both firms are looking to build on each other’s strengths to form a new operating model in the private equity industry. As part of the agreement, and with the support of Tikehau, Duke Street will use the cash injection to launch a new fund focused on controlling stake investments in the European mid-market.
Strand Equity Partners, a growth equity fund focused on consumer brands, has acquired a minority ownership stake in Bai, a 100 per cent natural beverage that is only five calories, infused with coffeefruit and flavoured with exotic fruit juices.
Terms of the transaction have not been disclosed.
Ben Weiss, founder and chief executive of Bai, launched the brand in 2009 with the mission to share the powerful antioxidant of coffee’s superfruit with consumers by producing refreshing beverages that harness the unique ingredient. Bai (Mandarin for "pure") delivers 100 per cent natural infusions with one gram of free-radical fighting
UltraSoC has closed a funding round of USD2.3m by securing further investment from Octopus Investments, bringing the total investment in the business to date to USD7.5m.
The investment will help fund the expansion of the company as it takes its debug and optimisation silicon IP technology to market, licensing it to major semiconductor companies.
The product, UltraDebug, is a system-level debug and optimisation capability for multiple heterogeneous processor cores including graphics cores and custom accelerators. UltraDebug is a library of advanced, feature-rich debug IP at the leading edge of embedded systems and will enable the company’s licensees the
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
