Solutions
Private equity firm Bowmark Capital has sold UK Latin American-themed restaurant chain Las Iguanas to Casual Dining Group.
This transaction effectively completes the realisation programme for Bowmark Capital Partners III, resulting in a final return of approximately four times cost and making it one of the most successful funds of its vintage year.
Las Iguanas serves more than three million customers a year with Latin dishes cooked fresh on site at its 41 restaurants. The award-winning business is noted for its innovative approach, high levels of service and affordable prices.
Since Bowmark invested in 2007, the business
The Organisation for Economic Cooperation and Development (OECD) – the international standards-setter for tax transparency and cooperation – has underlined Guernsey’s reputation as a cooperative jurisdiction.
Monica Bhatia, Head of the Secretariat of the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes, says: "I am very surprised that Guernsey has been included in a list of non-cooperative jurisdictions. We are very pleased with the cooperation Guernsey has shown as a very active member of the Global Forum.
“It has demonstrated its commitment to upholding the highest standards of transparency and exchange of information. This is evident
Middle market private equity firm Quad-C Management has sold Dental Care Alliance (DCA), one of the largest multi-branded, dental-practice management companies in the United States, to New York-based private equity firm Harvest Partners.
Terms of the deal have not been disclosed.
DCA, founded in 1991 and based in Sarasota, Florida, operates across eight states and serves more than 150 affiliated dental offices. The company provides back-office support to affiliated practices, ranging from human resources and marketing to purchasing, accounting and insurance management, as well as other services.
Quad-C originally acquired DCA in May of 2012, backing the existing
Atlas Holdings has sold its portfolio company Forest Resources, a North American manufacturer of industrial paper and packaging products, to PaperWorks Industries and New-Indy Containerboard, in two separate transactions.
PaperWorks has acquired CanAmPac, ULC, including coated recycled board (CRB) producer Strathcona Paper and folding carton manufacturer Boehmer Box. New-Indy has acquired Forest’s U.S.-based business, comprised of Hartford City Paper, Shillington Box and IVEX Specialty Paper. Terms of the two transactions were not disclosed.
Forest Resources was formed in 1999 with the acquisition of Hartford City Paper. Today, it employees over 600 associates across six locations in the United States
A couple of years ago, the title Chief Information Security Officer, or CISO for short, was a foreign concept within the hedge fund community. The winds have changed, however, as hedge funds become increasingly targeted by cyber hackers, causing many to hire a CISO to uphold the network integrity of the firm.
But what exactly should a hedge fund CISO be looking for when assessing the security of a SaaS provider in this fight against cyber sabotage?
Ken MacCuish is ideally placed to shed some light on this. He is the Senior Vice President and CISO at Intralinks, Inc. Prior
Tiptree Financial has completed the previously announced sale of its subsidiary Philadelphia Financial Group to funds managed by Blackstone.
The deal includes both Philadelphia’s Third Party Administration and Life Insurance operations (PFG).
The sellers received a payment of USD155 million at closing and will receive additional two payments over the next two years totaling approximately USD9 million. Tiptree owned approximately 94 per cent of PFG and the remainder was owned by PFG’s employees.
Lyxor Asset Management has cemented a reputation for its hedge fund solutions expertise, but as regulation and investor preferences change, the firm has evolved to offer multi-management solutions to support investors in fund selection, portfolio construction and infrastructure services.
Lyxor’s multi-manager solutions draw on the broad range of underlying investments on Lyxor’s investment platform including managed accounts, external hedge funds, ETFs and mutual funds.
The result is a range of commingled, dedicated and advisory solutions that spans the spectrum of liquidity, risk/return and strategy options to support global investors in meeting their idiosyncratic needs.
“There have been a number of
Private equity funds managed by Blackstone have agreed to sell AlliedBarton to Wendel SE for approximately USD1.67 billion. The transaction is expected to close later this year, and is subject to customary regulatory approvals.
AlliedBarton is a leading US-based provider of security services to more than 3,300 customers, including 200 members of the Fortune 500. Founded in 1957 and based in suburban-Philadelphia, AlliedBarton has more than 60,000 employees and 120 regional offices located throughout the United States, serving clients across diverse end-markets, including, for example, commercial real estate, higher education, healthcare, financial services, government services, aerospace and defense, petrochemicals and
Prestige Capital Management Limited (PCM) has been granted an AIFMD (Alternative Investment Fund Managers Directive) licence by the Maltese regulator, the Maltese Financial Services Authority (MFSA).
PCM operates a Maltese-authorised SICAV. The AIFM licence will allow this business to grow both its existing SICAV as well as the future management of additional structures in Malta and elsewhere by making use of the passporting benefits under the AIFM Directive within the European Union. The SICAV represents a licensed and established structure suitable for investment managers who want to take advantage of Maltese passporting opportunities PCM is a Malta-based investment management company,
Growing Underground, London’s first subterranean farm, will start trading for the first time in mid-July.
Last year the farm successfully completed a crowd funding round that was oversubscribed.
The farm, in old World War II tunnels beneath the Northern Line at Clapham, is the brainchild of West Country entrepreneurs Richard Ballard and Steven Dring, in partnership with Michel Roux Jr, the Michelin-starred chef. The concept has attracted huge interest from consumers and retailers as well as scientists and urban planners worldwide.
The first phase of the farm, which includes a sophisticated lighting and irrigation system, is in the final stages
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
