Vladimir Kolychev has joined VTB Capital as chief economist for the Russian region. Previously, Kolychev was chief economist, head of research, at ROSBANK.
2 min read · 23 September 2013
Oyster Petroleum has acquired a package of licence interests located in the West of Shetlands basin from Ithaca Energy Limited. The company is backed by HitecVision, an investor specialising in buyouts and growth stage investments in the oil and gas industry.
2 min read · 23 September 2013
CapMan is to sell 100% of its holdings in Nice Entertainment Group, a pan-Nordic TV content production group, to Modern Times Group, a Swedish entertainment broadcasting company. Financial details were not disclosed.
4 min read · 23 September 2013
Catch up on the latest after the weekend including Blackberry's layoffs, who's interested in Lloyds' TSB unit, a look at some new VC kids on the block and why start-ups fail.
1 min read · 23 September 2013
Buyouts’ analysis of performance data for Indiana Public Retirement System to 31 March, 2013 takes a look at the top ten performers within Indiana’s 2008 vintage funds. CID Capital Opportunity Fund comes out on top, posting an IRR of 31.89 percent and multiple of 1.78x. Crestview Partners II takes second place with an IRR of 27.79 percent and multiple of 1.57x. Third place goes to Apollo Investment Fund VII with an IRR of 24.59 percent and 1.53x multiple.
2 min read · 19 September 2013
Maher Advisors, a global M&A advisory firm for the wine industry has appointed investment banking veteran Rodney Clark as a principal and shareholder of Maher Advisors. Prior to joining Maher Advisors, Clark was managing director and head of consumer & retail investment banking at Canaccord Genuity.
2 min read · 19 September 2013
Dallas, TX based private equity firm Trive Capital has promoted David Stinnett and added three new team members, Desmond Henry, Jared Reyes and Chase Gosselin. Stinnett has been promoted to managing director from vice president.
3 min read · 19 September 2013
Salt Creek Capital has completed the acquisition of Ultra Solutions. Located in Ontario, California, Ultra is a provider of high-quality, pre-owned ultrasound equipment in the industry.
2 min read · 19 September 2013
UK-based pharmaceutical manufacturer Aesica has announced the creation of a new high capacity manufacturing facility following an investment at its Queenborough, Kent site. The company is backed by Silverfleet Capital.
4 min read · 19 September 2013
Investec Growth & Acquisition Finance has provided financing to Lomond Capital, a regional residential letting and property management group. The senior and subordinated financing package will assist Lomond as it continues its buy & build strategy, acquiring residential lettings and property management businesses in attractive regional markets.
2 min read · 19 September 2013