Latest News
Specialist finance and advisory firm Trafalgar Capital Advisors (TCA) has entered into a strategic partnership with Marylebone Fund Management Group to launch the PreIpo2Ipo fund, which will provide bridge financing to innovative organisations seeking listing on small-cap exchanges or listing platforms in the UK, US, Ireland, Germany and Dubai.
The fund will generally invest via a convertible note which will convert at private valuation rate when the listing occurs giving the fund the uplift in its investment into the now public valuation. The fund will then seek to monetise its investment via the public markets. Fees are 2 and 20,
A consortium comprised of funds advised by Apax Partners, together with controlled affiliates of Canada Pension Plan Investment Board (CPSP Investments), has completed its acquisition of Kinetic Concepts, Inc (NYSE: KCI) for USD68.50 per common share in cash. KCI shareholders approved the transaction at a special meeting held on 28 October.
KCI is a US-based medical device company focused on the design, manufacture, marketing and service of therapies and products for the wound care, tissue regeneration and therapeutic support system markets. The transaction is valued at approximately USD6.1 billion, including KCI’s outstanding debt.
The consortium plans to work actively in
Tim Kirk (pictured), Partner and National Head of Financial Services at BDO LLP, on Jose Manuel Barroso and Nicolas Sarkozy’s confirmation of the EU’s commitment to press ahead with a unilateral Financial Transaction Tax (FTT)…
While potentially attractive, the idea that an FTT will make banks pay more towards economic recovery, or raise sums in the region of GBP30bn for development, is unrealistic.
The simple maths do not take account of how firms will react to the imposition of an FTT. Many low margin trades would simply not take place if the tax was imposed, while an EU-only tax
Effective 17 October, 2011 GSC Group Limited has joined the Black Diamond family of companies and will now operate under the name Black Diamond Capital Management Limited.
Black Diamond’s European office will be headed by Nick Petrusic, who, along with the other London based team members, will oversee its European Mezzanine and European CLO businesses.
"We are excited to have an experienced team with a long track record based in London, and look forward to continuing to grow those businesses as new opportunities present themselves in the European markets", says Steve Deckoff, Managing Principal at Black Diamond.
"We
France Télécom-Orange and Publicis Groupe plan to launch a new venture capital fund that will finance and develop budding entrepreneurs in the digital economy, particularly in France and the European Union, building on the sector’s potential for spectacular creativity and growth. It remains subject to the approval of the relevant authorities.
France Télécom-Orange and Publicis Groupe are committed to jointly investing 150 million euros in the new fund. In addition to their respective commitments, the two sponsors intend to invite other investors to join them, to reach a target of EUR300 million.
The fund’s main targets for investment will be
The overwhelming majority (84%) of private equity professionals believe their firm will be engaged in fund raising activity over the next 12 to 24 months, according to a new study by Investec Fund finance.
However, underlining the increasingly competitive fundraising environment, on average respondents predicted that 30% of fund raisings by UK and European based GPs will fail to get off the ground with one in five suggesting the percentage could be at least 40%.
Despite the level of competition for capital, almost one in four (39%) of GPs representing firms with fund sizes ranging from under GBP250 million
Mid-market private equity firm LDC has exited its investment in Volvox Group, a leading supplier of auto electrical products and industrial consumables – through a sale to Elysian Capital.
Volvox, which is headquartered in Leeds, designs, sources and distributes a wide range of innovative products for the private and commercial vehicle markets, including lighting, camera systems, car accessories, air compressor, portable power products and industrial consumables. Its customers include vehicle manufacturers as well as the UK and European after-market, where it suppliers major retailers and distributors.
LDC originally backed the GBP12million management buyout of Volvox in 2005 with a
Gogobot has completed a USD15 million round of funding led by Redpoint Ventures, with participation from Battery Ventures and Michael Arrington’s CrunchFund. Gogobot will use this new financing to expand its global footprint through marketing, partnerships, and outreach.
Gogobot allows users to harness the power of their social networks to exchange trusted travel advice and share trip plans and rich visual travel memories.
Since launching last November users have shared more than 2 million places with their friends on Gogobot. The user base has grown 10 fold over the last year, making it the largest social travel site on the internet. This funding comes on the
The signing of Jersey’s Tax Information Exchange Agreement (TIEA) with India is a welcome development in the island’s progress in establishing closer commercial ties with the country, according to Jersey Finance chief executive, Geoff Cook.
“For the last five years or so Jersey Finance has been building its links with India by hosting visits in which we showcase our services and highlight the quality of our regulatory regime, says Cook. “Senior politicians and regulators have joined us on some of our trips to meet formally with Government officials and regulators in India. Earlier this year, Jersey Finance cemented its presence
Nicola Marinelli (pictured), portfolio manager at Glendevon King Asset Management, on the ECB’s decision to cut interest rates, the ongoing difficulties in Greece and potential problems in Italy…
Exactly when the major equity markets were expected to officially enter a bear market, they posted one of the strongest months ever and credit markets followed suit. Then the widely announced and expected European Grand Plan was finally announced with a lot uncertainties and lack of details. Anyway it was well received by the markets, most probably because it was the proof that policy makers had shifted from the denial period
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
