Perwyn Advisors opens new office in Paris
Perwyn Advisors is opening a permanent office in Paris, its first office outside the UK. Following two successful investments in France, the Paris office will act as a platform for further investments both in France and in neighbouring countries. Antoine Vanderhulst, Partner, will be joined full time in Paris by John Gallagher, Investment Director, and […]
KKR Acquisition Holdings I Corp. Announces the Separate Trading of its Shares of Class A Common Stock and Redeemable Warrants Commencing May 7, 2021
KKR Acquisition Holdings I Corp. (NYSE: KAHC.U) (the “Company”) announced that, commencing May 7, 2021, holders of the units sold in the Company’s initial public offering of 138,000,000 units, may elect to separately trade the shares of Class A common stock and redeemable warrants included in the units. Those units not separated will continue to […]
SafetyCulture’s Valuation Reaches A$2.2 Billion
Global technology company’s valuation soars after A$99 million funding round led by global venture capital and private equity firm Insight Partners SafetyCulture, the global operations platform which empowers working teams to drive improvements in the workplace, has today announced a A$2.2 billion valuation (approx. GBP £1.2 billion), smashing past its previous unicorn status from April […]
Ultimus appoints head of private fund sales
Ultimus Fund Solutions (Ultimus), an independent technology driven provider of full-service fund administration, accounting, and investor solutions, has appointed industry veteran Frank Anduiza as Executive Vice President, Head of Private Fund Sales, for Ultimus LeverPoint, the firm’s private fund administration services group Anduiza will be responsible for new logo revenue of the private fund administration […]
Francisco Partners combines TradingScreen and Imagine Software
Francisco Partners, a leading global investment firm that specialises in partnering with technology businesses, has combined TradingScreen, a provider of trading execution and order management software, and Imagine Software, a real-time risk and compliance software platform. The combined company, TS Imagine, will be a dynamic end-to-end trading and portfolio management software platform for connecting the […]
Maverix Private Equity Announces Team Additions
Maverix Private Equity, a Toronto-based private equity firm which recently announced an inaugural USD $500 million growth-fund, has today announced the addition of Michael Wasserman as a Managing Partner, joining Founder John Ruffolo and Mark Maybank. Michael is returning to Canada after 17 years at H.I.G Capital Management, a leading global private equity investment firm with […]
BT chief dribbles towards private equity revolution
Philip Jansen is shaking up the telecoms giant and focusing on broadband When Philip Jansen took the helm at BT, a cynical remark circulated among investors about his motive for agreeing to the tricky task of fixing Britain’s wi-fi connection: he’s in it for the knighthood. Jansen had made millions heading Worldpay, the former private […]
UK private equity firms pool £20bn fire power as they circle higher value targets
The total value of UK private equity club deals reached £19.7bn last year, a fourfold increase from the £4.5bn in 2019. Moreover, the number of club deals has reached a three-year high as there were 56 deals in 2020, a jump of 30 per cent from 43 the year before, according to new data that […]
Private equity firms strike £10bn of carve-out deals as pandemic drives sale of non-core units
Private equity firms made £10.1bn of corporate carve-out acquisitions in the UK last year, up from just £765m in 2019 as the Covid-19 pandemic drove more corporates to sell non-core business units, according to new data shared with City A.M. this evening. The economic disruption of the past year has forced many large businesses to […]
York Capital and Kennedy Lewis partner to form Generate Advisors CLO Platform
York Capital Management (York), a global private investment firm, and Kennedy Lewis Investment Management (Kennedy Lewis), an opportunistic credit manager, have formed a strategic partnership to form a new entity to be called Generate Advisors. Under the partnership agreement, York’s approximately USD4 billion Collateral Loan Obligation (CLO) business and team, led by Rizwan Akhter, will […]
