Latest News
Vinci Partners, a Brazilian Investment Management firm headquartered in Rio de Janeiro, has selected SunGard’s Investran to help automate partnership accounting and performance reporting across its private equity investment portfolios.
SunGard’s Investrant supports the entire investment lifecycle, from fundraising through reporting and portfolio monitoring. It automates front-, middle- and back-office processes for private equity and alternative investment firms.
Investran will help Vinci streamline its back office operations by monitoring cash flows and tracking its portfolio performance, investor reports and investor capital account balances. It will also facilitate firm-wide reporting and be used for performance and exposure reporting for accurate and
The Boards of four Maven managed VCTs have announced their intention to raise further funds through top-up offers, which will close on 27 April 2012 and are available for subscriptions for the tax years 2011/12 and 2012/13. These are strictly limited offers, targeting GBP1.25m each (GBP5m in aggregate).
This opportunity is likely to appeal to income-seeking investors and those keen to maximise tax-efficient investments. The offers are structured to provide an immediate dividend stream from established VCT portfolios, alongside the 30% initial tax relief available on new VCT Shares.
There is an attractive opportunity to invest early and take advantage
DC Advisory Partners has appointed Joel Hope-Bell as Managing Director in its Business Services team. Based in London, Hope-Bell will join a team of twelve dedicated European Business Services bankers who have so far completed sixteen transactions in the sector in 2011.
Previously a Managing Director at Bank of America Merrill Lynch, Hope-Bell has advised on a range of M&A, Capital Markets and Financing transactions. His fifteen year career in corporate finance has been Business Services focused since 2005 and includes five years with Morgan Stanley and a further five with UBS. Joel has actively covered and worked with a number of the key public and privately owned
Investment Management Group (IMG) has completed its acquisition of an approximately 70% per cent stake in a retail park to be built in Tver, Russia, on behalf of its Russia Development Fund.
The retail park, developed by Normal Asset Management (NAM), will be the largest modern shopping centre of its class to be built in Tver, a city located 134 km northwest of Moscow. The project will consist of two “big box” anchors: a hypermarket operated by Globus, a German retailer, and a DIY store operated by French group Leroy Merlin, which will be connected by a retail gallery. The
David Blechman has joined private equity firm HIG Capital’s leveraged buyout (LBO) practice as a Managing Director. Blechman joins HIG after leading a number of successful middle market private equity investments across a variety of industries, including take-privates, corporate carveouts and restructurings.
Blechman brings over 16 years of private equity and investment banking experience. Previously, he was a Managing Director at Tower Three Partners and a Principal at Sun Capital Partners. Prior to Sun Capital, Blechman spent five years with The Blackstone Group in the Restructuring and Reorganisation practice. He began his career with Lehman Brothers investment banking, working in
Forbion Capital Partners has announced the first and final closing of its second FCF 1 Co-Investment Fund at approximately USD50m.
The fund aims to invest additional capital, alongside its existing funds, in several late stage FCF 1 portfolio companies that are close to an exit. Forbion’s first FCF 1 Co-Investment Fund of €54m closed in September 2010, and has made six investments to date, two of which have already been sold, repaying the entire fund up to two times. These exits include Biovex, sold to Amgen in January 2011 for up to USD1bn and Pathway Medical, sold in September 2011
Business Growth Fund (BGF), established to help Britain’s fast growing smaller and medium sized businesses, has appointed James Austin as Investment Director to expand its presence in the South West and South Wales and to help drive investment in the region.
Austin joins Regional Director Paul Oldham in Bristol and his appointment brings the BGF team to 48 people, working from six regional offices across the UK. He has been working with SMEs for more than 15 years, having previously worked at Grant Thornton, RBS and latterly the South team of LDC.
Since its launch in May, BGF has scaled its
Excellere Partners, a Denver-based private equity firm focused on partnering with middle-market entrepreneurs and management teams, has launched its second fund, Excellere Fund II.
In addition to the principals of Excellere investing their own capital, Excellere’s new USD465 million Fund II is comprised of blue chip institutional investors, including large state and local pension funds, insurance companies and other prestigious financial institutions. Many of these limited partners also invested in Excellere’s USD265 million initial fund (Fund I), which closed in February 2007.
Since its founding, Excellere has distinguished itself by deploying its proprietary buy-and-build investment strategy and value creation processes,
Paul McLaughlin has been appointed as head of operations for State Street’s Alternative Investment Solutions team in Guernsey.
McLaughlin, who has more than 15 years of experience in the alternative investment industry, joins State Street to help further build its alternative investment servicing business in Europe, Middle East and Africa (EMEA) with a particular focus on the private equity and real estate funds sectors.
McLaughlin joins from BNY Mellon in Dublin where he worked for 11 years, most recently as head of alternative investment servicing fund of funds and private equity for EMEA. He also gained experience with the
Chilton Trust Management, in affiliation with Chilton Private Clients, has hired Timothy Horan from Morgan Stanley Smith Barney as Executive Vice President and Chief Investment Officer – Fixed Income.
Horan, currently Managing Director and Chief Investment Officer at MSSB Fixed Income Investment Advisors, will join CPC on 3 January, 2012. In his new role, he will work closely with Richard L Chilton, Jr, Chairman of Chilton Trust and CPC and who will continue to serve as Chief Investment Officer – Equities.
Joining Horan will be four experienced fixed income investment professionals, Debra Crovicz, William McNaught and Nicholas Rafferty –
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
