Latest News
Providence Equity Partners, a private equity investment firm specialising in media, entertainment, communications and information companies, has appointed Steven W Alesio as a Senior Advisor. He will work with Providence on new investment opportunities and certain of the firm’s existing investments, including CDW, Study Group and Ascend Learning, where he currently serves on the Board of Directors.
Alesio most recently served as Chairman and CEO of Dun & Bradstreet (D&B). He retired from D&B in July 2010 after nearly 10 years at the company. Prior to D&B, Alesio was with American Express for approximately nineteen years, working in a variety
The Riverside Company has acquired Orliman, a Spanish manufacturer and distributor of non-invasive orthopaedic braces and supports.
The global orthopaedic device market is valued at EUR16.1 billion.
Orliman, founded in 1980 and headquartered in Valencia, is makes and distributes devices that support patients’ lower limbs and torsos. All Orliman products are traded under its proprietary brand names and bear IBV certification. Orliman recorded sales of approximately EUR14 million in 2010.
Having completed more than 250 acquisitions since 1988, Riverside is a well-established generalist investor. However, the firm has developed specialties in select industries. With over 50 acquisitions
Microvisk Technologies, the developer of a handheld system to monitor the blood clotting status of patients taking the drug Warfarin, has raised GBP6 million through a rights issue to existing investors in an oversubscribed round. This is the third successful funding round for Microvisk, which has secured GBP10.5m in the past 12 months – the largest amount raised by a UK life science company.
The round included investment from Porton Capital, Oxford Technology Management, New Hill (Boston, USA), Midven, the Rainbow Seed Fund, Finance Wales and private investors. Previous rounds in 2010 saw Microvisk attract GBP4.5m from new and
Alvarez & Marsal has expanded its Midwest presence with the addition of Riddhish Dubal as a managing director. Dubal, who will be based in Chicago and Detroit, brings over 17 years of private equity and corporate experience working with companies across multiple sectors with a particular focus on the automotive and transportation industry.
Dubal’s holistic approach improves clients’ ability to identify and evaluate investments and acquisitions, exit strategies, separation planning and asset disposal, as well as performance and profit improvement and operations management throughout the full lifecycle of a business.
“In the face of one of the most transformative times
The Carlyle Group is to acquire AlpInvest from APG and PGGM through a strategic joint venture with the management of AlpInvest. The transaction will comprise 100% of the share capital of AlpInvest and will enable AlpInvest, APG and PGGM to pursue their own respective multi-client strategies.
APG and PGGM will continue to be the anchor clients of AlpInvest. Financial terms of the transaction, which is subject to regulatory approval and is expected to close in March 2011, have not been released.
Volkert Doeksen, CEO of AlpInvest, says: “Carlyle is a strong, long-term partner for AlpInvest. This is critical given the
Intermediate Capital Group (ICG), the FTSE 250 listed investment firm and asset manager with EUR12 billion under management, together with Exponent Private Equity has agreed to finance the acquisition of Premier Foods’ meat free division Marlow Foods for GBP205 million.
ICG is providing junior debt and equity financing of GBP80 million, from its balance sheet and third party funds.
Marlow Foods is the UK market leader in the meat alternative segment selling chilled and frozen products under the Quorn and Cauldron brands. For the year to 31 December 2010, the business is expected to report sales of GBP128.8 million and
CDC, the UK’s Development Finance Institution, has announced a USD30 million investment in the African Infrastructure Investment Fund 2 (AIIF2), an equity investment fund committed to developing basic infrastructure in Africa.
CDC’s USD30m commitment will help AIIF2 move closer to its target size of USD600m, which it will use to invest in a range of new and existing transport and power infrastructure projects such as toll roads, ports and rail, wind farms and other forms of renewable and traditional energy.
AIIF2 is managed by Africa Infrastructure Investment Managers (AIIM), a highly regarded team which has considerable experience of infrastructure
Leading mid-market private equity firm LDC has backed the expansion of eConveyancer, a fast growing provider of software for online conveyancing and home buyer search services, with a significant injection of development capital.
Oxfordshire-based eConveyancer, established in 2003, currently has a two per cent share of the UK online conveyancing market and has recently secured contracts which will result in its market share rising to 10 per cent over the next two years.
Its conveyancing software allows mortgage applicants, mortgage lenders, financial advisors and estate agents to search for and instruct a conveyancer online, comparing prices and tracking a
LLR Partners, a leading middle market private equity firm with more than USD1.4 billion under management, has announced four additions to the firm. Jack Slye joins LLR as a Vice President, Irene Lisyansky and Brian Berkin come on as Senior Associates, and Scott Williams will serve as a Senior Analyst.
“We are very fortunate to continue to attract experienced, bright talent to the LLR team,” says Mitchell Hollin (pictured), Partner at LLR Partners. “Most importantly, our new colleagues will add to the collaborative culture we have created. As our investment activity increases, we are eager to capitalize on their knowledge
Bunker Hill Capital, a lower middle market buyout fund, has had a final closing on commitments totalling USD200 million for its second fund, Bunker Hill Capital II. New investors in the second fund included a diverse group of limited partners, both domestic and international.
“We are thrilled to have such a strong and diverse group of new limited partners in addition to existing investors from Fund I,” says Mark DeBlois, a Managing Partner of Bunker Hill. “We are very appreciative of the ongoing support from our limited partners,” adds Rufus Clark, also a Managing Partner.
“We invested with Bunker Hill
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
