Latest News
Mitchell Hartley Advisers, an independent investment banking advisory firm, has appointed Jeffrey C. Bechtel as managing member.
Bechtel joins as the firm’s third principal, along with Keith Mitchell and Roger Hartley.
Previously, Bechtel was senior vice president at Jefferies’ financial institutions group, leading the firm’s asset management investment banking efforts in the western US. Before that he was a senior banker at Putnam Lovell NBF, which he joined in 2002.
Earlier, Bechtel spent five years at Bank One, where he advised clients on buy-side and sell-side transactions within the M&A and corporate finance advisory groups.
“We’re delighted to welcome Jeff
Argus Capital and Qatar First Investment Bank have acquired a 40 per cent minority stake in Memorial Healthcare Group, a Turkish healthcare provider.
Memorial operates three hospitals and two medical centres in Istanbul and one hospital in Antalya.
Turgut Aydın and his family maintain 60 per cent of the group’s shares.
Ahmet Yaşar Aydın, Memorial Healthcare Group vice president of board of directors, says: “We are pleased with Argus Capital’s and Qatar First Investment Bank’s interest in Memorial as they’re partnering with us as investors that we consider them very close to ourselves. Qatar First Investment Bank, with its diversified
The J.P. Morgan Private Equity fund received distributions of approximately USD18m in the second quarter of 2010, more than three per cent of its private equity portfolio value.
Capital calls for the quarter continued to remain low at USD3.2m, less than one per cent of the private equity portfolio value.
The fund has continued to emphasise investments in companies with rational debt levels. Its top 35 buyout holdings had a weighted average net debt/Ebitda level of 1.9x.
The weighted average LTM revenue grew by 9.3 per cent based on the fund’s largest underlying buyout investments. The weighted average LTM Ebitda
Air Medical Group has signed a definitive agreement under which a Bain Capital affiliate will lead a recapitalisation of the company in partnership with management and current investors Brockway Moran & Partners and MVP Capital Partners.
Air Medical Group, the largest independent provider of air medical services in the world, operates through three subsidiaries, Air Evac Lifeteam, Med-Trans and EagleMed, which collaborate with medical centres and EMS agencies to offer improved access to emergency medical care.
Each subsidiary will continue to operate independently, serving their respective segments of the market.
Terms of the agreement were not disclosed.
“My colleagues, Seth
Traditionally Luxembourg hedge funds and funds of hedge funds have been set up under part II of the law of December 20, 2002 on UCIs and, more recently, Specialised Investment Funds governed
Ifina’s organisation in June of a networking evening at BVI House in London, featuring speakers representing the global hedge fund industry and the funds sectors in the British Virgin I
Market commentary and discussion on the merits and limitations of alternative Ucits funds continue to generate considerable interest for hedge fund managers and their investors.
The interest is backed by recent statistics from the European Fund and Asset Management Association showing continued recovery and overall net inflows for Ucits since the turn of the year. At the end of May, total net assets within Ucits stood at EUR5.58trn, representing about 76 per cent of all European investment fund assets. While the alternative Ucits sector is currently a small fragment of the Ucits market, it is growing rapidly.
This trend is
Due to the combination of bruising market losses, high correlation among asset classes, unexpected illiquidity and epic scandals, the investment management industry faces a restless, empowered investor base.
In addition to a focus on transparency and liquidity, retail investors and their advisors – as well as smaller institutional investors – are increasingly focused on absolute returns and investment strategies uncorrelated with long-only equity and bond indices.
Consequently, asset allocation trends are accelerating demand for products that combine access to non-correlated strategies and asset classes with the liquidity and transparency of registered investment products.
With more than 50 per cent of
Nearly two years after the bankruptcy of Lehman Brothers brought home to the global financial industry the seriousness of the crisis that unfolded from the collapse of the US sub-prime mortgage market, the shape of the regulatory environment drawn up as a response to the past three years of turbulence is now taking shape, for better or worse. A major step came on July 21 with the signing into US law of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
For the alternative asset management sector in particular the Dodd-Frank Act, which covers a vast swathe of financial sector
Law firm Sidley Austin has appointed Alyssa A. Grikscheit as a partner in the Latin America and investment funds, advisers and derivatives practices.
She will be based in the New York office and will focus on cross-border transactions and alternative investment funds.
Grikscheit has significant experience representing clients in Latin American, emerging market and other cross-border transactions, including M&A, joint ventures and fund formation.
“Alyssa brings considerable experience in cross-border transactions in emerging and developed markets and fund formation, particularly for funds involving international investments and alternative asset classes,” says Carlos A. Rodriguez, a partner in the firm’s Latin America
Special Reports
Featured
- Insight
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
