Latest News
Thirty-seven US venture capital funds raised USD2.7 billion in the second quarter of 2011, according to Thomson Reuters and the National Venture Capital Association (NVCA). This level marks a 28 per cent increase by dollar commitments, but a 23 per cent decline by number of funds compared to the second quarter of 2010, which saw 48 funds raise USD2.1 billion during the period.
US venture capital fundraising during the first half of 2011 totalled USD10.4 billion from 76 funds, a 70% increase by dollars compared to the first half of 2010 but a 15% decrease by number of funds,
Marc Moyers has been named National Sector Leader of the US Private Equity Group of KPMG LLP, the US audit, tax and advisory firm has announced.
"Marc’s extensive and relevant experience makes him the right choice to lead KPMG’s US Private Equity group," says Rob Arning, Vice Chairman, Market Development. "Private Equity firms are looking to work with advisors who can help them navigate the kinds of issues that Marc and his team clearly and deeply understand – from dealing with new regulation and a competitive investment environment to capturing portfolio company efficiencies."
Moyers, 56, will lead cross-functional teams of
Andrew Morris, managing director of Signature, the arm of Rowan Dartington dedicated to supporting investment professionals and their clients, comments on the crisis facing the Italian bond market…
We are experiencing a seemingly relentless rise in the EU government bond yields of Greece, Portugal, Spain and Ireland. Are we to be joined by Italy, a country which whilst being frequently mocked for the state of its public finances had until recently escaped the attention of the bond markets? The omens aren’t good. The Italian bond market is the third largest in the World. Estimated at EUR1.6 trillion – three times
Climate Change Capital Private Equity LP (CPE) has led an EUR8m investment in Orège SA (Orège), a French company that has developed patented wastewater treatment technologies for complex effluents and sludge from the oil & gas, mining, petrochemical and chemical industries.
CPE, which manages a EUR200m private equity fund focused on expansion capital and buy-out transactions in European cleantech companies, contributed EUR6m of the EUR8m round, alongside Oraxys SA (Oraxys), the Luxembourg-based cleantech private equity firm.
Orège’s patented SOFHYS and patent pending SLG are advanced wastewater treatment solutions that are capable of treating complex industrial effluents (in particular BTEX and
Private equity firm TLG Capital has increased its investment in Quality Chemicals Industries Ltd (QCIL), the Uganda based pharmaceutical manufacturer, to 12.5 per cent shareholding.
This further deployment of funds into QCIL, a leading sub-Saharan plant, comes after the company received a Good Manufacturing Practices certification from the World Health Organisation (WHO) in March 2010. This is a substantial milestone and one that is of strategic importance to TLG Capital, who in 2009 strengthened its healthcare based assets throughout Africa by being the first international private equity investors into QCIL. TLG Capital has now invested close to US$10m across indigenous
Olympus Partners has acquired FFR-DSI, Inc from Cortec Group. FFR-DSI, headquartered in Twinsburg, Ohio, is a leading North American designer, marketer and value-added supplier of merchandising, loss prevention and operational efficiency solutions primarily to retailers and consumer packaged goods companies.
FFR-DSI’s solutions provide multiple benefits and ultimately enhance profitability for customers by driving incremental sales through influencing the consumer at the point of purchase, reducing retail theft, lowering labor costs and improving store appearance. Since its founding nearly 50 years ago, the company has steadily evolved from a catalog distributor of retail fasteners and components to the only supplier
Elystan, GI Partners’ investment platform, has acquired a 21,000 square metre office building from a joint venture between a Stiller Immobilien, Frankfurt, and Drees & Sommer, Stuttgart (F10). Located at Feringa Str 10-12, Munich Unterföhring, F10 (pictured) is one of the largest and most modern multi-tenanted office buildings in the North West submarket of Munich. The building was completed in 2004 and is currently 50% occupied.
Elystan was founded in January 2010 by GI Partners together with Keith Fischer, a German real estate market veteran with over 20 years of investment experience. The firm seeks to acquire high quality commercial
Alternative assets managed on behalf of pension funds by the world’s largest managers grew 16% in 2010 to USUSD952bn (from USUSD817bn in 2009), according to global research produced by Towers Watson in conjunction with the Financial Times.
At the same time total assets under management (AuM) for these managers increased by 12% to USUSD1,904bn; and the research shows that half of their assets are now pension fund assets. The Global Alternatives Survey covers five alternatives asset classes: real estate; private equity fund of funds (PEFoF); fund of hedge funds (FoHF); infrastructure and commodities and includes rankings of the top managers
The GBP2.5 billion Business Growth Fund (BGF) has appointed Alistair Brew (pictured) as an investment director, based in London. Brew joins from Octopus Ventures and his main role will be to identify and successfully execute investments for the Fund. He will also sit on the board of some of the Fund’s investee companies.
Stephen Welton, CEO of the Business Growth Fund, says: “It is our plan to appoint good deal originators and also people with considerable hands on experience of working with smaller businesses to drive growth. Alistair joins with excellent skill in both and is a significant addition to our growing
Oak Hill Capital Partners has signed an agreement to sell Primus International (Primus), a global manufacturer of aerospace components, to Precision Castparts Corp for USD900 million.
Headquartered in Bellevue, Washington, Primus is a leading supplier of highly engineered metallic and composite parts, kits and assemblies to the aerospace industry, serving many of the world’s most recognisable aerospace companies.
With facilities in North America, Asia and Europe, Primus’ strong manufacturing capabilities enable it to grow its relationships with leading customers globally.
"Since our acquisition of Primus in 2006, we have worked closely with Jim Hoover, CEO of Primus, and the entire
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
