Solutions
ACA Aponix, part of the ACA Compliance Group (ACA), has launched PortCo Defend, a cybersecurity risk management program and dashboard, designed to help private equity firms assess and centrally monitor security threats to their portfolio companies (PortCos). Available now, PortCo Defend gives private markets a holistic view of their their PortCos’ cybersecurity risk and provides oversight to track the progress of all their PortCos’ efforts to remediate gaps and achieve their cybersecurity targets.
With 46 per cent of businesses reporting at least one security incident since the start of the Covid-19 pandemic, firms globally are challenged with a continued stream of
Options, a leading provider of cloud-enabled managed services to the global capital markets, has achieved the prestigious Microsoft Cloud Platform Gold Partner Status. In doing so, Options joins the top 1 per cent of Microsoft partners worldwide.
Microsoft Gold competency is a recognised mark of the highest standards of technology and business performance worldwide.
The company has dedicated significant time and resources to achieve this accolade, with employees attaining over 100 Microsoft certifications, to ensure an industry-leading experience for prominent Asset Managers and Financial Software firms.
Options facilitates new fund and firm launches with fully managed Microsoft 365
Ultimus Fund Solutions (Ultimus), an independent provider of full-service fund administration, accounting, and investor solutions, has helped a new client, Primark Capital, bring a new fund product to market. As an interval fund that focuses on private equity, the new Primark Private Equity Investments Fund is one of the first funds that gives non-accredited retail investors access to private equity market investment opportunities. Primark Capital’s leadership is a combination of the former CEO of a USD12 billion RIA and two co-founders of Red Rocks Capital, a USD1.9 billion private equity fund.
Ultimus aligned with a multi-organisational team of industry professionals to
Apex Group (Apex), a global financial services provider, has been appointed to provide fund administration to the USD200 million “Financing Opportunities Fund” of SHUAA Capital (SHUAA), an asset management and investment banking platform in the UAE. The fund is targeting special situations in the GCC and has already attracted a total of USD68 million in commitments from investors.
Apex’s experienced team will deliver a full suite of fund administration services to SHUAA including financial reporting, investor communication, capital transactions and accounting support. Fund administration is at the core of Apex’s offering, providing clients with timely, accurate and independent fund administration
The Private Equity Team has advised long-standing client GTT Communications, a specialist in the provision of cloud networking services, on the sale of its infrastructure business to I Squared Capital for USD2.15 billion. The acquisition is expected to close, subject to satisfying all required regulatory approvals and contingencies included in the agreement, during the first half of 2021.
The infrastructure division of GTT Communications consists of the business and activities of providing Pan-European, North American, sub-sea and trans-Atlantic fiber network and data center infrastructure services to customers.
I Squared Capital is an independent global infrastructure investment management firm focusing on energy,
Landmark Information – a provider of information to the UK’s property market – has has acquired the Environmental, Social and Governance (ESG) due diligence platform, RiskHorizon, from global sustainability consultancy Anthesis Group. The platform delivers valuable global insights to a broad group of asset owners and managers, from private equity and investment houses to corporates and their lawyers. It provides a comprehensive and actionable ESG due diligence screen of their global corporate acquisition(s) or investments across the world. It also enables the effective management of ESG within an existing business, newly acquired assets and supply chains.
RiskHorizon helps deal makers
Kris Ring, debt finance equity partner at Goodwin Procter in Santa Monica, on the relationship between PE firms and direct lenders during the pandemic, the ways this downturn has been different to previous downturns, how the upcoming election will impact business in the US, and what a potentially contested election result could mean for market volatility.
A surge in deal activity over the next few months is being predicted by private equity house WestBridge, as business owners seek to realise and de-risk their assets ahead of widely anticipated changes to the Capital Gains Tax (CGT) regime in the next budget.There is speculation that Chancellor Rishi Sunak will hike CGT. This, combined with the April 2020 changes to Entrepreneur’s Relief (now Business Asset Disposal Relief), will have a significant impact on business owners looking to sell.
James MacLeay, investment manager at WestBridge, says: “History has shown that impending changes in tax legislation can create surges in deal
Duff & Phelps, a provider of governance, risk and transparency solutions, has launched a new Equity Match service, which matches the equity funding requirements of UK based SMEs with specialist equity investors from a select network.Equity Match provides SMEs with access to difficult-to-find equity investors who are willing to inject smaller sums not usually associated with the appetite of the mainstream private equity market.
Paul Reeves, Managing Director, Restructuring Advisory, Duff & Phelps, says: “This new offering is about matching the requirements of an enterprise with potential investors who we feel most closely align in terms of cultural fit. We
Enfusion, a provider of cloud-based investment management software and managed services, has selected Drawbridge Partners, a cybersecurity software and services firm specialising in the needs of hedge fund and private equity managers to bolster its vendor due diligence process.Read the full story at Hedgeweek…
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
