Latest News
JP Morgan Worldwide Securities Services today announced that it has been appointed by Cerberus Capital Management, LP, one of the world’s leading private investment firms, to provide fund administration and related securities services for its investment funds with aggregate assets of over USD23 billion.
The JP Morgan platform will be supplemented by certain back-office personnel of Cerberus who will become employees of JP Morgan.
"The transition of the services to a world class third-party administrator provides our firm strong infrastructure support and the independence preferred by our investors,” says Jeffrey Lomasky, Senior Managing Director and Chief Financial Officer of
Ogier has appointed new managing partners in each of its Cayman Islands and British Virgin Islands offices and a new chief executive officer in its fiduciary business in the Cayman Islands.
In the Cayman Islands, Nick Rogers, currently a partner leading Ogier Cayman’s corporate and commercial practice, has been named managing partner of Ogier Cayman’s legal business. Rogers first joined Ogier in the Cayman Islands in 2001 and, after some time with Walkers in Hong Kong and Cayman, rejoined as a partner in 2010.
Peter Cockhill (pictured), currently managing partner of Ogier Cayman legal business, will reassume his responsibilities
Mid-market private equity firm LDC has funded the acquisition of US based MetricTest for portfolio company Microlease, the international provider of rental and asset management services to the test equipment market.
LDC originally backed the GBP30m management buyout of Microlease in 2006, investing a further GBP8.3m in 2009 to provide further capital to support a programme of acquisitions and continued organic growth.
The business subsequently acquired rental specialist Telogy International NV in 2009, making Microlease the largest provider of its kind in Europe with the most comprehensive portfolio of services, followed by Hamilton Hall Consultants earlier this year to
Saffar Holdings Limited has retained Arma Partners LLP to advise on strategic options in relation to its portfolio company, Zawya Limited in response to several unsolicited expressions of interest in Zawya that have recently been received.
Founded in 2001 and based in Dubai, UAE, Saffar is a leading early-stage private equity investor in the financial services sector in the Middle East and North Africa (“MENA”). Its focus is to nurture and grow financial services companies to serve the region. Saffar acquired a majority stake in Zawya in 2001 and has provided financial and management support with which the Company has
Swiss investment firm Mountain Cleantech AG has announced the first close of Mountain Cleantech Fund II (Fund II) at EUR23 million. With a target fund size of EUR100 million, Mountain Cleantech Fund II aims to become the largest dedicated growth equity Cleantech fund in the German-speaking and Nordic regions.
Fund II follows the success of Mountain Cleantech’s first dedicated Cleantech fund, which demonstrated the team‘s ability to drive top-line growth and create value within its portfolio companies even through the recent financial crisis. A full exit from solar waste recycler SiC Processing AG to Nordic Capital in 2010 generated one
The findings of a new study led by Professor Christoph Kaserer of the Technical University of Munich and released at the EVCA Mid-Market Forum in Budapest, show that by far the most significant factor in delivering returns from European mid-market buyouts is earnings growth, accounting for up to 75% of the overall return.
The study analysed the attributions of the IRR and money multiple returns of 332 fully-exited, anonymised mid-market* private equity investments funded between 1990 and 2011 – one of the largest European sample analysed for return attributions to date. The study focused on the relative contributions of
Guinness Asset Management has launched the Guinness Renewable Energy EIS Fund 2 to make follow-on investments in EIS qualifying companies that have already received investment from the Guinness Renewable Energy EIS Fund (Fund 1).
The Investee Companies will primarily develop, install, own and operate roof-mounted solar PV projects in the UK.
Returns from these opportunities have improved over 2011: EIS income tax relief has risen from 20% to 30%, solar panel prices have fallen by an estimated 35% and the Feed-in Tariffs have increased by 4.8%.
The ability to take advantage of this opportunity only exists until April 2012, when
The Blackstone Group and ACM Projektentwicklung GmbH thave agreed a strategic partnership whereby investment funds advised by Blackstone will acquire, indirectly through a holding company, a 44% minority stake in Leica Camera AG (Leica), to support the company’s international growth plans.
Headquartered in Solms, Germany, with 1,150 employees, Leica has a long tradition of manufacturing premium-segment cameras and sport optics products. Over the past sixty years, Leica has grown to become a leading German brand and is seen as the epitome of German engineering excellence and an ambassador of the “Made in Germany” quality seal. Leica has become synonymous with
Global alternative asset manager The Carlyle Group has reached an agreement to acquire an 85% share of Telecable de Asturias SAU (Telecable), a Spanish-based TV, telephony, broadband and advanced business solutions provider for the Asturias region in Spain.
Liberbank will retain a minority stake after the transaction, which is expected to close by year-end. The transaction values the company at EUR400 million; equity for this investment will come from Carlyle Europe Partners III (CEP III), a EUR5.3 billion investment fund advised by The Carlyle Group.
Telecable is a well-established telecommunications provider with 156,000 fixed and mobile voice and Internet
Aberdeen company Phuel Oil Tools Limited has become one of the first businesses to access the Scottish Loan Fund (SLF), as announced by Finance Secretary John Swinney (pictured).
Phuel Oil Tools, which specialises in developing and manufacturing wireline pressure control equipment (PCE) for the oil & gas sector, has secured a GBP1 million loan from the SLF, which is managed by Maven Capital Partners UK LLP (Maven).
Improving access to finance in order to support growth and investment is a key part of the Scottish Government’s economic strategy. The SLF has been established by the Scottish Investment Bank, a division
Special Reports
Featured
- Insight
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
