Latest News
The Luxembourg Stock Exchange is branding its project to build a fund market infrastructure as Fundsquare.
Launched in 2012 by the Luxembourg Stock Exchange, the project to build a market infrastructure dedicated to cross-border distribution of investment funds now bears the name of Fundsquare.
Fundsquare is a wide-ranging solution developed by fund industry professionals that aims to meet current and future challenges for the cross-border distribution of investment funds. Fundsquare responds primarily to the growing cost pressures imposed by stronger regulations and a weak economic situation.
The Fundsquare platform intends to position itself at the heart of
BMC Software is to be acquired by a private investor group led by Bain Capital and Golden Gate Capital together with GIC Special Investments and Insight Venture Partners.
Under the terms of the agreement, affiliates of the investor group will acquire all outstanding BMC common stock for USD46.25 per share in cash, or approximately USD6.9bn, representing an attractive premium to the company’s unaffected stock price.
The agreement was approved by unanimous vote of those directors present.
“After a thorough review of strategic alternatives, the BMC board of directors is pleased to reach this agreement, which provides shareholders
Berkshire Partners has appointed Gideon Argov as an advisory director.
Argov (pictured) will work with Berkshire to source new investment ideas and serve as an operating adviser to portfolio companies.
Josh Lutzker, managing director of Berkshire, says: “We have had the pleasure of knowing Gideon for many years and have been impressed by his track record of success both internationally and with various industrial companies. Gideon brings a level of expertise to every organisation with which he is involved and his skills are evident in the success of the companies he has led. We are proud to have
Burger King has sold its wholly-owned German subsidiary and its 91 company-owned restaurants in Germany to Yi-Ko Holding, owned and operated by Ergün Yildiz, a long-standing Burger King restaurant operator in Germany, and Alexander Kolobov, who has been driving the company’s expansion in Russia.
The sale is part of Burger King’s global refranchising strategy. As part of the transaction, Yi-Ko Holding has agreed to develop new Burger King restaurants during the next five years and remodel an additional 57 Burger King restaurants during the next 18 months.
A CMS Hasche Sigle team led by corporate partner Martin Kolbinger advised
NBGI Private Equity (NBGIPE), a private equity investor focused on the UK lower mid-market, is increasing its focus around three core sectors: support services, healthcare and food manufacturing.
As part of this initiative, the firm has appointed Sandy Young (pictured), an experienced leader in the business services field, as the first member of a panel of senior industry advisers across the three sectors.
NBGIPE, which typically invests in UK businesses of between GBP5m and GBP50m in enterprise value, has historically taken a generalist approach to investment. Today’s announcement recognises that the firm has already built a strong track
Electra Partners has received a binding offer for Allflex Holdings, a manufacturer and distributor of plastic and electronic animal identification tags, from funds advised by BC Partners.
The offer is subject to consultation with the relevant works council in France and certain regulatory approvals.
If the offer is accepted, and reflecting current exchange rates, acceptance of the offer will generate gross proceeds of USD630.5m to clients of Electra Partners. This includes Electra Private Equity PLC which will receive USD398m (GBP256.7m) on closing, representing a gross return of 15x original cost (including income) over the 14 years of investment;
Backstop Solutions Group, a Software-as-a-Service provider to the alternative asset management industry, has acquired the PerTrac CMS product line, a customer relationship management tool built exclusively for the institutional investment community.
The business was acquired from eVestment, a provider of institutional investment data and intelligence solutions. Terms of the deal have not been disclosed.
With this acquisition, Backstop now serves over 575 clients in the private investment community, including hedge funds, funds of hedge funds, endowments and foundations, institutional investors, family offices, pensions, private equity firms and consultants. Backstop also opened new offices in New York and London
Graham Stock (pictured), chief strategist at Insparo Asset Management comments on Bharti Airtel decision to sell a stake to Qatar investment group…
Bharti Airtel’s desire to raise fresh capital to finance further investment in its African operations highlights the continuing potential for growth on the continent. The roll-out of next generation data services in particularly will be an important driver of growth, as voice services trend to maturity. For example in Kenya where Airtel is the second largest operator, the number of internet subscribers rose 75% in 2012 alone, with mobile subscriptions accounting for 99% of the market. Mobile penetration,
CMS Cameron McKenna has advised a consortium led by Bancroft Private Equity on its sale to East Capital Explorer of a majority stake in Starman, a cable TV, broadband internet and voice cable services provider in Estonia.
East Capital Explorer will acquire 67.72 per cent stake in the company, with the remaining stake being held by Starman’s founders.
The transaction, which was led by Graham Conlon and Anela Musat, members of the firm’s international private equity team, is subject to approval from the Estonian competition authorities. It is expected that completion will occur during the second quarter of
Addleshaw Goddard has appointed Yunus Seedat as national head of private equity, following Andrew Carpenter’s appointment as divisional managing partner for the firm’s new international division.
The appointments became effective on 1 May 2013.
Seedat (pictured) will combine key client responsibilities and deal doing with a focus on developing Addleshaw Goddard’s private equity group with a key focus on the London market. Since becoming a partner at Addleshaw Goddard in 2001 Seedat has cemented his reputation as an expert in the field by advising a range of private equity houses and management teams on numerous transactions.
In the
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
