Latest News
Collas Crill has opened the doors to its new Singapore office – making it the first Channel Islands-based law firm to do so.
Sean Cheong, formerly a partner in Collas Crill’s Guernsey office, has relocated to Singapore to head up the new office. She has been joined by office manager Rachel Leong.
Cheong says: "We are delighted to have opened our doors in Singapore, Collas Crill’s first new office outside the Channel Islands. The opening is a clear indication of our ability to respond to the demand from institutional and private clients in Asia for Channel Islands legal services, particularly
CME Group and the Mexican Derivatives Exchange (MexDer) have launched a north-to-south order routing agreement, giving customers in the US access to MexDer’s benchmark derivatives contracts, including Mexican Stock Exchange Index Futures, Bond Futures and MXN Peso/US Dollar Futures Contracts.
The first phase of the project, CME Group strategic partnership with MexDer went live April 4, 2011 and gave Mexican investors access to CME Group’s benchmark derivatives contracts including interest rates, foreign currencies, equity indexes, energy, metals and agricultural commodities.
“Mexico is the 13th largest economy in the world and we continue to look for opportunities to provide our customers
HNA Group Company Limited (HNA) of China, a leading diversified services and integrated operations company, and Bravia Capital (Bravia) of Hong Kong, have agreed to acquire GE SeaCo, subject to customary regulatory and shareholder approvals. GE SeaCo is the fifth largest player in the global marine container leasing industry owning and managing over 870,000 20-foot equivalent units, the industry’s standard measure.
The transaction contemplates the acquisition by HNA of the 50/50 joint venture between GE Capital and SeaCo Ltd. as well as certain owned container assets of SeaCo Ltd. and GE (Genstar), currently managed by GE SeaCo. Of the USD1,048MM
NBGI Private Equity and Ethemba Capital (the consortium), have acquired a significant controlling stake in Turkish pharmaceuticals contract manufacturer and services provider the Birgi Mefar Group for an undisclosed sum.
Founded in 1963 by Adnan Birgi and based in Istanbul, the Birgi Mefar Group is one of the leading pharmaceuticals contract manufacturers in Turkey, servicing many of the major domestic and international pharmaceutical companies. The Group’s primary focus is on the injectable products segment, where it is the number one player in the Turkish market.
The Consortium has acquired its stake from Dr Ing. Mustafa Sevket Birgi, Mustafa Mehmet
Composition Capital Partners has expanded its European deal team with the appointment of Danish national Julie Helweg as of 1 August 2011.
Helweg’s role within the team will be to manage existing investments within Composition’s Europe Funds I & II, and to undertake research & due diligence for the selection of new investment opportunities for Composition’s Europe Fund III. Julie makes her move to Composition from Property Group in Copenhagen where she was responsible for acquisition and management of commercial real estate in the Nordics. Prior to this, she spent time with McKinsey & Company in Denmark.
Composition’s European
Diamond S Shipping has entered into a definitive agreement to acquire 30 medium-range refined product carriers to add to its fleet of ten tankers under construction in Korean shipyards.
The 30 product carriers and related charters are being purchased from Cido Tanker Holding Co under a definitive agreement which is scheduled to close, subject to customary conditions, in this calendar quarter. The ten newbuild tankers, eight Suezmax tankers and two LR2 tankers, are being constructed by Hyundai Heavy Industries and Samsung Heavy Industries, with the first delivery scheduled for January, 2012.
Founding Diamond S investor First Reserve Corporation (Greenwich, CT)
A syndicate of xénos investors led by Graham Handley has made an undisclosed investment in Cardiff-based film and TV production group, All2gethr Industries, a group of production companies committed to micro-budget feature filmmaking and developing new media channels, such as gaming, mobile and the internet.
“All2gethr Industries is an exciting group of production companies with ambitious plans to develop, produce and distribute original and innovative micro-budget feature films. We were attracted to the Group because of its passion for innovation and the talent of its team,” explains xénos angel and syndicate leader, Graham Handley.
Commenting on the investment, John Shackleton, All2gethr’s
Private equity firm Warburg Pincus is partnering with The Mutual Fund Store to further expand and develop the US investment adviser’s operations.
Warburg Pincus will bring its investment and expertise to the company, which will continue to be run by founder and CEO Adam Bold and his management team. Terms of the transactions were not disclosed.
The Mutual Fund Store delivers independent fee-only investment advice to clients in more than 70 company-owned and franchised stores across the US and its nationally syndicated radio program, “The Mutual Fund Show”, which Bold hosts.
“We started The Mutual Fund Store more than 15
Private equity group GMT Communications Partners (GMT) has teamed up with MeetingZone’s existing management team to acquire the fast-growing independent conferencing and collaboration service provider, for a total consideration of GBP38.5 million.
MeetingZone generated revenue of GBP11 million in the financial year ending March 2011. The company has operations in the UK, North America and Germany, and is expected to grow turnover by more than 20% in the current financial year ending March 2012, in line with revenue CAGR of 20% recorded over the last three financial years, and significantly in excess of market growth.
MeetingZone, established in 2002 by
Despite the US edging closer to a bipartisan deal that would raise the country’s borrowing limit, Nigel Sillis (pictured), Director of Research, Fixed Income and Currency Team at Baring Asset Management in London, still believes it’s a case of ‘when’ rather than ‘if’ America’s credit rating is downgraded…
In the US, details of a tentative bipartisan deal that would raise the US government’s borrowing limit started to emerge over the weekend. If Congress doesn’t approve the federal government’s request to raise the ceiling on the amount of money it can borrow, funding will run out in early August – on
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
