Latest News
The Managed Funds Association has reaffirmed its support for proposals that would enhance the transparency and regulatory oversight over private pools of capital, including hedge funds and managed futures funds.
The testimony before the House Financial Services Committee hearing, "Capital Markets Regulatory Reform: Strengthening Investor Protection, Enhancing Oversight of Private Pools of Capital, and Creating a National Insurance Office”, comes as Congress begins to consider comprehensive reforms to the US financial regulatory system.
MFA outlined its positions on key issues impacting the alternative investment industry, including mandatory registration of unregistered investment advisers with the Securities and Exchange Commission or the
Resilience Capital Partners, a Cleveland-based private equity firm, has formed platform company North Coast Minerals to invest in the debt, mezzanine and equity of industrial minerals, mining, natural resources and related businesses.
The strategy of North Coast Minerals will be led by chairman Michael Lundin, currently operating partner at Resilience Capital Partners and former chief executive of Oglebay Norton.
"Although in a cyclical downturn, we believe operations properly capitalized and strategically located can be valued assets. As we look to build this company we will look for companies that can grow and be expanded as the global economy recovers," says
The supervisory council of Rusnano has approved the corporation’s participation in a Russian venture fund, which will be established in partnership with VTB Group and Draper Fisher Jurvetson.
The overall size of the fund, called DFJ-VTB Aurora, will be USD100m at the first stage. Rusnano will commit USD50m to the fund and VTB USD50m.
The fund will focus on promising nanotechnology innovation both in Russia and abroad, as well as on attracting foreign partnerships and investment to support the construction of Russian nanotechnology production facilities.
VTB Capital, the investment business of VTB Group, and DFJ will act as
Private equity firm Riverside has acquired Donlin Recano, a bankruptcy management firm based in Chicago, on behalf of stakeholder management and financial communications consultancy Sage Holdings.
It is Riverside’s 11th acquisition since the beginning of 2009 and was made through the Riverside Europe Fund III.
Donlin Recano’s services include pre-Chapter 11 filing preparation, Chapter 11 noticing solutions, claims management, balloting and distribution services. DRC also provides information support services to committees of unsecured creditors appointed in Chapter 11 cases.
Donlin Recano joins an international stable of financial communications and stakeholder management firms that make up Sage Holdings, which was formed
DN Capital, a media and technology growth capital and early stage investor, has appointed Tom Bradley as a principal.
Bradley has been active in the UK venture capital market for nine years and most recently was a partner with DFJ Esprit in London where he was a member of the founding team.
Bradley has been involved in investing in a variety of technology and communications businesses including LoveFilm.com, a provider of online DVD rentals and movie downloads. He also sourced and executed the buyout of NetEconomy, a provider of software for financial institutions subsequently sold to Fiserv.
At DN Capital,
Central & Eastern European M&A activity amounted to a total of USD31.2bn from 307 transactions for the first nine months of 2009 – the lowest nine month period by value since 2004 and by volume since 2003, according to a report by mergermarket.
Deal values are down from 2008 by 60 per cent and the number of deals is down by just over 50 per cent – in line with overall European stats which have seen similar dramatic drops.
CEE M&A activity is dominated by domestic transactions, which contribute 67 per cent and 61 per cent to the region’s total
Low Carbon Accelerator has increased its equity holding in Proven Energy through a further investment of GBP1.5m.
LCA’s existing loans to Proven Energy, totaling GBP600,000, will be converted into equity.
In total this will give LCA a controlling stake of 81 per cent of Proven Energy’s issued share capital. The company’s total equity investment in Proven Energy now amounts to GBP9,250,000.
Proven Energy is a manufacturer of small-scale, high performance wind turbines.
The new funds will be used to support further product enhancements as Proven Energy prepares for the introduction of feed-in tariffs in 2010 and the rapid growth in
Actis, a private equity investor in emerging markets, has held a final close on its USD750m Actis Infrastructure 2 fund.
The pan-emerging markets fund will focus principally on opportunities in power generation and transport.
Paul Fletcher, senior partner at Actis, says: "The need to build infrastructure in emerging markets is one of the great investment themes of our time – power, roads, ports, airports and bridges – these are the means through which these countries will continue to grow and prosper."
The infrastructure team comprises 14 people, based in Singapore, Mumbai and London. It is led jointly by partners Michael
Concord Hospitality Enterprises, a hotel developer, owner and operator, has entered the initial stage of forming a USD300m discretionary private equity fund.
The fund, which will focus on acquiring distressed hotels and debt, is expected to close within the next 90 days.
Additionally, the company says it continues to aggressively expand its development and third-party management growth. Year-to-date, Concord has developed and opened nine properties and entered into one joint venture partnership. The company expects to open or sign management contracts for at least three additional properties by year end.
"In 2007, we sold a 19-hotel portfolio that gave our
The past 12 months have represented a difficult period for the private equity sector in Jersey as everywhere, but industry professionals are confident that the first green shoots of recovery are cl
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
