Solutions
HarbourVest Global Private Equity’s (HVPE) estimated economic NAV is USD902.3 million or USD10.91 per share, as at 30 June 2011. This is a 0.1% decrease from the 31 May 2011 estimated Economic NAV per share of USD10.92. This nominal change was driven by decreases in the value of publicly-traded holdings to 30 June 2011 (approximately S0.01 per share) and ongoing operating expenses (USD0.02 per share).
These changes were partially offset by increases in value for privately-held companies (USD0.01 per share) and positive foreign currency movement (USD0.01 per share).
In June 2011, HVPE funded USD20.4 million of capital calls to U.S.
The Riverside Company has made another major investment in Germany, partnering with Transporeon GmbH and TICONTRACT GmbH (Transporeon). The transaction will close once merger approval has been obtained and will be the second German acquisition in 2011 for the international private equity firm.
Transporeon, headquartered in Ulm, Germany, provides web-based centralized transport-management software. Transporeon operates several web-based logistics platforms that provide shippers and carriers with a platform and software to reduce costs, save time and improve service quality in logistics processes. The firm was founded in 2000 and has 450 customers in manufacturing and trade, as well as the 20,000
Maitland, the fast-growing multi-jurisdictional wealth and fund services firm, is now offering outsource fund administration to private equity and real estate investment funds. The development follows the rising growth of these funds, particularly private equity, in Africa.
Maitland operates internationally with South Africa as an offshore fund servicing location. Assets under administration exceed USD125 billion.
Veit Schuhen, Maitland COO, says: “We have traditionally offered legal and corporate secretarial services to private equity and real estate funds. By adding administration we can offer an end-to-end service from fund establishment, through transaction support to administration investor servicing.”
The business unit will be
Responding to growing market demand for European domiciled investment fund products, and the emergence of Dublin as a centre for alternative investment products, DMS Management Ltd (DMS) has opened a new office in Dublin, Ireland.
Led by Irish resident principals Derek Delaney and Don Ebanks, and leveraging DMS’ global fund governance platform, DMS Ireland is ideally positioned to help fund sponsors grow their asset management businesses by establishing UCITS, QIFs, SPVs and other European products to attract European and other international investor clientele.
As residents of Ireland, Delaney and Ebanks are able to serve as directors to a wide range
Actiwave AB, a Swedish start-up technology company has raised SEK15 million in a rights issue lead by SEB Venture Capital. SEB also acquired all shares held by the current seed financier, Innovationsbron.
Founded in 2007 by Pär Gunnars Risberg, Actiwave AB is a Swedish start-up company that has developed a unique algorithm that significantly improves sound reproduction. The company has combined various research findings to pioneer an innovative technology that provides considerably enhanced sound quality to loud speaker systems, enabling small and flat panel speakers to reproduce a richer and wider sound spectrum.
The technology can be applied to loudspeakers
CHICAGO–(BUSINESS WIRE)–eFront, a leading software provider of financial solutions for alternative assets, is pleased to announce that Private equity firm GTCR has selected the eFront’s FrontInvest Alternatives platform to support its investment operations.
GTCR focuses on investing in growth companies in the Financial Services & Technology, Healthcare and Information Services & Technology industries. In addition to its deep expertise in these high-growth sectors, GTCR pioneered “The Leaders Strategy” – finding and partnering with exceptional leaders as the critical first step in identifying, acquiring and building market-leading companies through acquisitions and organic growth.
GTCR recently initiated a firm-wide project to enhance its
Deutsche Bank’s Global Transaction Banking Division’s Trust & Securities Services (TSS) unit has expanded the brokerage services offered by Deutsche Bank Securities Inc (DBSI), Deutsche Bank’s registered US broker-dealer subsidiary, to create dbRemarket. The new service , which launched on 14 June, will provide investors with a transparent way of effecting the purchase or sale of holdings in private equity and hedge funds in the secondary market.
The service is designed to provide an independent platform to allow buyers and sellers to avoid protracted negotiations and to streamline the transfer of fund interests. Bidding will be conducted electronically through
DDC has augmented its portfolio management software suite, Sonar, with a service bureau offering called Sonar Plus. The Sonar Plus upgrade allows regular Sonar subscribers to fully outsource the administrative side of portfolio management, while reaping the organisational benefits.
With Sonar Plus, venture capital or private equity clients can email materials from their portfolio companies to their firm-designated email address. DDC will then correctly upload those materials into Sonar and, utilising DDC Frames, ensure that an actionable summary of the data is created. DDC monitors the receipt of information on an investment-by-investment basis and provides clients with a quarterly review
Electra Private Equity’s NAV per share is up 6.9% to 2,193p (diluted) as a result of solid trading performance in the portfolio, according to the firm’s latest unaudited half-year results.
NAV per share is up 15.4% over the year, while NAV per share (diluted) plus special dividends is up 57.7% over five years. Annualised return on equity of 9.7% (diluted) for the five years.
The firm’s share price is up 21.6% against 7.0% for the FTSE All-Share Index.
Outperformance over 10 years: NAV up 128.0% (diluted) and share price up 83.3% against 13.1% for FTSE All-Share
Washington DC-based private equity firm Monument Capital Group (MCG) has acquired Persistent Sentinel LLC, a provider of enhanced security and surveillance software products that automatically detect and analyse threats and protect assets.
Founded by former Carlyle executive Robert Dunn and former White House Special Assistant Douglas Baker. MCG focuses on investments in the homeland security and defence sectors. The acquisition of Persistent Sentinel will serve as a cornerstone of the firm’s overall efforts to bring leading edge security technologies to the global market.
Persistent Sentinel’s products are in use throughout the world by the military, international governments, and commercial entities
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
