European lower mid-market private debt manager Beechbrook Capital has raised 67 million euros ($86 million) at the first close of its latest fund, Beechbrook Mezzanine II. With pledges of a further 25 million euros for additional closes later in the year, Beechbrook is well on course for its target fund size of 100 million euros to 120 million euros.
2 min read · 23 May 2013
This Thursday morning read all about the most popular biotech and VC myths; a Euro mezz fund's first close and find out the six things every CIO should know.
1 min read · 23 May 2013
International investment bank Altium has promoted Andy Clarke to director and Elin Sion to assistant director. Clarke joined Altium in 2009 from Grant Thornton, having previously worked at LDC and KPMG. He specialises in private equity transactions and general mergers and acquisitions. Sion has been at Altium since 2011. She has been involved in a number of private equity and trade transactions in the business and support services and energy waste and renewables teams at Altium.
2 min read · 22 May 2013
Blue Earth has appointed Robert C. Potts and Brett Woodard to its senior management team. Robert C. Potts will be the president and chief operating officer and Brett Woodard will be the chief financial officer of (CFO). Ray Lundberg will be the president of the newly created CHP division of the Company.
4 min read · 22 May 2013
Tech Valley Communications, a facilities-based telecommunications service provider operating networks in New York and Northern New England, has appointed Maura Mahoney as senior director of marketing and product management effective immediately. Tech Valley Communications is a portfolio company of Boston-based private equity firm Riverside Partners.
3 min read · 22 May 2013
Hawksford, an independent trust company which is backed by UK mid-market private equity firm Dunedin, has appointed Maxine Rawlins, a partner at Ernst & Young, to the position of chief executive from 2014 when the incumbent chief executive, Peter Murley, retires. A partner at Ernst & Young in Jersey, Rawlins currently leads the Channel Islands Tax Practice and is Head of EMEIA Asset Management Tax.
2 min read · 22 May 2013
Fleming Family & Partners and Garber Hannam & Partners Limited have announced announce a final distribution to the shareholders of FF&P Russia Real Estate Limited. The payment means RREL has now returned over $213 million to shareholders, including international private equity companies and clients of FF&P Asset Management.
4 min read · 22 May 2013
Today, First Read brings you links to some of the top jobs in tech, a VC deals round-up, what kids really like and reveals the cars with the most safety complaints.
1 min read · 22 May 2013
The job's board this week features an associate position at Goldman Sachs; a private markets consultant post at Strategic Investment Solutions; a Silicon Valley portfolio manager at Microsoft and a financial analyst position at ThomVest Ventures.
1 min read · 21 May 2013
ParkMe, a leading provider of real-time parking information to navigation companies and consumers and Amano McGann, a provider of off-street parking automation in the US, have merged entered into a partnership. Angeleno Group, Fontinalis Partners and IDG Ventures are previous investors of ParkMe.
4 min read · 21 May 2013
