Latest News
HgCapital, the leading European sector-focused private equity investor, has promoted Kai Romberg to partner. The move recognises Romberg’s strong performance, delivered since he joined HgCapital in 2004 as an Associate.
Romberg has played an important role in many value-creating investments including SiTel, Addison, Visma, CSG, Achilles (which won the Fast Track Private Equity Deal of the Year Award in 2011), Lumesse, TeamSystem and Teufel.
In addition, HgCapital announces the following recent appointments of Associates across the TMT, Healthcare, Industrials, Renewable Energy and Portfolio Management teams:
Hector Guinness – TMT team. Hector comes to us having spent three years working at Bain
Morgan Stanley Global Private Equity has formed a strategic partnership with OSF Merchant Banking to pursue investment opportunities in Brazil. Based in São Paulo, OSF is a fund manager that offers international and local qualified investors customized alternative investment advice.
“Brazil has entered a cycle of abundant opportunity and unprecedented capital flow. Private equity firms are now presented with the challenge of identifying and structuring investments in a very competitive environment that does not typically rely on leverage as a fundamental piece in transaction finance,” says Hans J Apostel, a founding partner of OSF and head of its investment committee.
GSO Capital Partners, the credit division of Blackstone (NYSE: BX), has announced the final closing of its second mezzanine fund, GSO Capital Opportunities Fund II, with total commitments of USD4 billion, making it among the world’s largest mezzanine funds and the largest mezzanine fund to be raised following the financial crisis of 2008.
GSO will invest the Fund across a broad range of sectors and geographies, with a particular focus on the US and Europe.
The fund’s size and scale allows it to focus on the underserved upper middle market, while its flexible structure enables GSO to be creative in
Cancer Research Technology, Cancer Research UK’s commercial arm, and the European Investment Fund (EIF), have joined together to create a GBP50 million investment fund to bridge the funding gap in the UK between cancer drug discovery and early development.
The CRT Pioneer Fund will seamlessly take potential cancer drugs from discovery through to entry to Phase II clinical trials. It is a bold step to fund the most innovative oncology research and to plug a large gap in the UK funding of drug discovery.
CRT and the EIF will make equal contributions to the CRT Pioneer Fund. The fund has
French banks’ valuations are being weighed down by uncertainties over the French presidential election, says Yannick Naud (pictured), French Portfolio Manager at Glendevon King Asset Management in London…
If Hollande is elected, his proposed measures on tightening banking regulations would push up costs and reduce earnings, by as much as 12 per cent according to recent analyst estimations. On top of that, banks will face significantly higher taxes from both Hollande and Sarkozy.
French citizens working in the financial services sector in London are generally in despair at the banking policies proposed by both Hollande and Sarkozy. Many see
The Irish Minister for Finance has approved, in principle, the development of legislation for a new corporate structure for funds which is intended to meet US ‘check the box’ requirements and reduce administrative costs.
This step is consistent with the Irish government’s on-going commitment to the continued development of the funds industry in Ireland.
According to Mark White, a partner with law firm McCann Fitzgerald, it is expected that the new legislation will introduce a market-leading corporate structure that combines the high standards of governance, transparency and investor protection that one expects of an Irish authorised fund with the characteristics
JP Morgan Worldwide Securities Services has launched Alternative Investment Reporting, a new interactive portal enabling alternative asset managers across Hedge Fund, Private Equity and Real Estate strategies to view, analyse and extract their fund administration data from dashboards, workflow tools and reports.
This is the latest addition to JP Morgan ACCESS, the firm’s web-based platform for multiple information, compliance and portfolio management applications.
This new technology facilitates consolidation of data and generation of reports across alternatives products via a single reporting platform irrespective of fund structure. In addition to the reporting capabilities, the portal includes a comprehensive workflow module
Broadlake Capital has acquired a significant stake in Vita Liberata, the International Self Tan Business.
This investment marks Broadlake’s first investment in the Health & Beauty market and presents the opportunity to support Vita Liberata’s founder Alyson Hogg and her team with the growth and continued International expansion of the brand.
Belfast Headquartered Vita Liberata is currently rolling out a successful International growth strategy which has seen its presence expand to include 16 European countries, South Africa, Australia and North America.
Broadlake’s Investment, combined with a new banking facility from Bank of Ireland will provide the capital to fund its
New Wind, LLC, the Nashville-based small-wind vertical-axis wind turbine (VAWT) company has received more than USD1 million in a second round of venture capital funding.
Stuart Wiston, the company’s president, says the funding came because investors looked at the phenomenal growth and potential of the company and felt not only is the timing perfect because of the growth of small-wind as a practical solution to helping the nation’s energy crisis, but also because the company is in the process of expanding its product line after much research and development on practical, affordable, sustainable energy products.
“This funding is a big
Law firm Paul Hastings LLP represented Monitise plc (LSE: MONI) on the acquisition of Clairmail Inc, a US provider of mobile banking and payments solutions.
Monitise plc is a technology and services company delivering mobile banking, payments and commerce networks worldwide.
The Acquisition values Clairmail at approximately USD173m (GBP109m), based on Monitise’s share price of 35.0 p as of the close of trading on 23 March, 2012.
The deal is conditional upon shareholder and US regulatory approvals. It is expected that the Acquisition will be completed before the end of the financial year 2012.
Working as an integrated team, the
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
