It’s Bridgepoint’s 2008 vintage European large buyout vehicle that has shown the greatest IRR increase by quarter in the most recent figures from Washington State Investment Board to June 30. The data compares some 192 buyout-related vehicles, ranging from vintages 1994 to 2011.
1 min read · 11 December 2013
Actis will sell its majority shareholding investment in Sterling Hospital, a healthcare provider in Gujarat. Actis invested in the Indian healthcare chain in 2006.
3 min read · 11 December 2013
Highland Capital Management has promoted Jess Larsen to head of institutional sales and marketing. In this position, Larsen is responsible for business development and managing institutional relationships worldwide. He will be based in Dallas and will report to Mark Okada, Highland’s co-founder and chief investment officer.
2 min read · 11 December 2013
Energy-focused private equity firm Intervale Capital has promoted Tuan Tran to principal. In this new role, Tran will focus on transaction sourcing and execution and portfolio company oversight.
2 min read · 11 December 2013
Yodo1, a Beijing-based publisher and platform provider for mobile games, has raised $11 million in Series B financing led by GGV Capital. Singtel Innov8 along with new investors Pavillion Capital and Iris Capital joined the round. The company has raised $18 million since its founding in 2011.
3 min read · 11 December 2013
Brookside Mezzanine Partners has backed Yellowstone Landscape Group. Headquartered in Bunnell, Florida, Yellowstone is a commercial landscaping firm in the United States that services corporate, institutional and government clients across Texas and Southeastern United States.
2 min read · 11 December 2013
Bain Capital is to acquire Macromill. Macromill is a provider of internet research services in Japan, and is listed on section I of the Tokyo Stock Exchange.
1 min read · 11 December 2013
Canada Goose, a manufacturer of extreme weather outerwear, is to sell a majority stake in the company to Bain Capital. Dani Reiss will remain president and CEO and continue to own a significant minority stake in the company. Financial terms of the private transaction were not disclosed.
3 min read · 11 December 2013
Palamon Capital Partners has appointed Philippe Arbour as managing director of structured finance and Antony Barker as director of investor relations and marketing. Arbour joins Palamon having spent ten years with Lloyds Banking Group, where he worked in a variety of roles spanning trade finance, specialist credit and leveraged finance. Most recently, he was a director in the leveraged finance and high yield team.
4 min read · 11 December 2013
Syntaxis Capital, a provider of mezzanine finance in Central Europe, has appointed Rupert Coull. Coull will take on central responsibility for all elements of the firm’s environmental, social and governance (ESG) policy, as Syntaxis furthers its commitment to responsible investment.
2 min read · 11 December 2013