Latest News
RJD Partners has sold the operations of European Boating Holidays (EBH), the largest independent operator of European inland waterway boating holidays, to a French syndicate-backed management buy-in, led by Serge Naim and financed by Avenir Entreprise and AMS Industries.
The value of the transaction was undisclosed. EBH is the sixth realisation from RJD’s first fund, RL Private Equity Fund I, which closed in April 2004. The remaining Fund I investments are ISG Technology and Equidebt.
In July 2006, RJD led the simultaneous acquisition of Locaboat, the largest independent operator of European inland waterway boating holidays, and Cardinal Cruisers, a specialist
Oxfam is taking a lead in demonstrating to the financial industry that investments can deliver both social and financial returns, with the creation of a unique investment fund.
The Small Enterprise Impact Investment Fund (SEIIF) is a joint initiative between Oxfam and asset management group, Symbiotics. The first fund of its kind, the SEIIF will target small and medium enterprises (SMEs) in developing countries, offering investors both measurable social impacts and financial returns, with relatively low risk. Investors are now being sought for the fund.
“The private sector has a critical role to play in lifting people out of poverty
"These individuals have proven to be exceptional contributors and we are delighted to announce their advancement," says Richard D Tadler, a Managing Director of TA Associates. "They are very adept at advancing the interests of our limited partners and portfolio companies, and truly representative of TA’s talented team of professionals across all practice areas and geographies."
M Roy Burns has been promoted to Director from Principal. He serves in TA’s Boston office, focusing on investments in financial services, business services and other growth services industries. Burns led TA’s 2011 investment in Stadion Money Management and previously led the firm’s investment
The Paris office of international law firm Taylor Wessing has acted as sole counsel to Proparco and Unigrains in connection with their respective investment of USD7.5m and USD2m into SEAF India Agribusiness International.
SEAF India Agribusiness International was established by SEAF, an international not-for-profit organisation that sets up and manages investment vehicles around the world, with a particular focus on small and medium enterprises in developing or emerging countries such as India.
The fund will co-invest alongside SEAF India Agribusiness Fund, a local investment fund which has attracted renowned Indian investors. These two funds intend to co-invest up to
PineBridge Investments has signed an agreement to invest in, and provide services to, Method Holdings (Method), a financial holding company focused on aggregating the wealth management subsidiaries of “Top 100” CPA firms.
The PineBridge-Method partnership is designed to bring PineBridge’s proven investment strategies, asset allocation capabilities and manager selection expertise to Method’s wealth management platform for Registered Investment Advisors.
Method invests in, and provides asset management services to, the wealth management subsidiaries of large public accounting firms. These services range from a state-of-the-art investment platform to providing investment advice to individual investors.
“PineBridge has a long history of being a
BlackRock, Inc has reported full year diluted EPS of USD12.37, up 17% from 2010. Fourth quarter 2011 net income of USD555 million was down 7% from third quarter 2011 and 16% from a year ago.
Operating income for the fourth quarter and full year 2011 was USD808 million and USD3.2 billion, respectively. The full year 2011 operating margin was 35.8%. In the fourth quarter, BlackRock repurchased approximately 618,000 shares.
As adjusted results: Full year 2011 operating income of USD3.4 billion improved USD225 million, or 7%, and diluted EPS of USD11.85 improved 8% compared with 2010. Fourth quarter diluted EPS
International fund service provider Ifina Group and Isle of Man-based fiduciary service provider IQE have announced a co-operation initiative designed to strengthen both firms’ expertise, extend the services offered to clients and allow each firm to gain access to new jurisdictions. According to Ifina director Derek Adler (pictured), the two firms have been in discussions about possible co-operation for several months.
International Financial Administration Group is a multi-jurisdictional group of companies providing investment fund formation and administration and valuation services for investment funds domiciled in major centres including the UK, British Virgin Islands, Cayman Islands, US, Malta, Switzerland, Austria, Panama,
HazelTree, a provider of Treasury management services for alternative investment managers, has announced the appointment of Paul Calderone to the position of Managing Director of Operations, effective immediately.
Calderone brings a wealth of knowledge and experience from his years in institutional sales and development at Credit Suisse. In his new position, he will manage all aspects of HazelTree’s rapidly expanding operations, which are focused on delivering high-performance Treasury functionality to multi-primed hedge funds.
"HazelTree’s client base has tripled over the past six months, so Paul is joining us at a particularly exciting and opportune time," says company CEO Stephen Casner
The Luxembourg funds industry continued to expand over the last 12 months despite the eurozone crisis and declines in major stock indices. The number of funds in Luxembourg rose by 4.84% to 3,833 and net sales amounted to EUR16.998bn. While total AUM decreased over the period by EUR101.453bn, mainly as a result of market depreciation, total assets under management were still a steady EUR2,059.419bn, second globally only to the US.
The increase in net sales and funds enabled the Luxembourg fund industry to continue to maintain and even create employment in 2011. The Luxembourg financial centre, of which the fund
Hogan Lovells has advised long-standing client Kelso Place Asset Management LLP (Kelso Place) on its acquisition of the global fashion brand Nicole Farhi alongside current owner, private equity firm, OpenGate Capital, for an undisclosed sum. The transaction was announced on Wednesday 11 January.
Nicole Farhi is a British fashion lifestyle brand launched in 1982, headquartered in London, with four owned stores in London, New York, Paris and Milan; and collections available in department stores and boutiques worldwide.
Kelso Place has a strong track record in working with luxury fashion brands and will provide financial, strategic and hands-on, operational support to
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
