Hawksford has acquired Key Trust Company. This is its fourth acquisition since it was backed by UK mid-market private equity house Dunedin in October 2008. This follows Hawksford’s recent expansion in Jersey, the Middle East and Switzerland and forms part of its wider growth strategy.
4 min read · 11 February 2013
Check out the latest news links after the weekend including why the emerging markets are experiencing private equity growth pains; a look at the consolidation of the traditional VC industry and why Doughty Hanson has stopped investing in venture and real estate.
1 min read · 11 February 2013
A 2003 vintage fund managed by Angelo, Gordon & Co takes the top spot an analysis of the University of Texas Investment Management Co’s distressed debt and special situations fund commitments in its active portfolio as of November 30, 2012.
3 min read · 08 February 2013
The employees of North Portland mattress factory Sealy (in which KKR is the largest shareholder) are working with The Oregon Working Family Party in an attempt to save their jobs.
2 min read · 07 February 2013
Aviva has made a number of appointments to strengthen its leadership team. David McMillan has been appointed CEO of Aviva Europe. Nick Amin is joining Aviva as group transformation director and Jason Windsor will join the group executive as chief strategy and development officer.
4 min read · 07 February 2013
San Diego start-up ecoATM has secured $40 million in mezzanine debt financing from Falcon Investment Advisors. To date, ecoATM has 300 kiosks nationally and plans to use this new capital to continue its goal of providing a portable electronics recycling solution across the US.
3 min read · 07 February 2013
FolioDynamix, a provider of web-based wealth management technology has closed on the acquisition of Access Partners, a premier registered investment advisor (RIA) firm specializing in trust investment management and operations, in an all-cash transaction. Wellington Financial provided $4 million in venture debt financing to FolioDynamix early last year.
3 min read · 07 February 2013
Prospect Capital Corporation has funded a recapitalization of Nationwide Acceptance Corporation with $25.2 million of combined debt and equity financing. Founded in 1954, Nationwide is a specialty finance business based in Chicago, Illinois.
3 min read · 07 February 2013
This week peHUB has selected a handful of job opportunities that have jumped out as not to be missed. Scroll down below to find out what’s on the job board this week.
2 min read · 07 February 2013
Eureka Growth Capital has acquired the Law School Publishing business of Thomson Reuters through its newly-formed affiliate, West Academic Publishing. Eureka partnered with the senior management team of LSP to acquire the provider of higher education learning materials for the law school market. West Academic Publishing represents Eureka's second platform investment in Eureka III LP.
2 min read · 07 February 2013
