Angela Sormani
Jérôme Burtin has joined the Siparex Group as a managing partner. Burtin is a certified accountant graduated from the EMLyon Business School.
Catch up on the latest midweek headlines including secondaries leading the way for Santa Barbara pension, 2009 vintages pulling out the performance stops and which countries are leading the way in creating new drugs.
BV Investment Partners has closed BV Investment Partners Fund VIII on $487 million above the fund’s $400 million target.
September’s recruitment highlights start with associate, deputy executive diector and investment officer positions at Accordion Partners, Allstate, CalPERS, Chicago Teachers' Pension Fund, HarvourVest and Partners Group.
Complete Innovations has secured backing from Madison Dearborn Partners. Based in Markham, Ontario, Complete Innovations is a global provider of fleet, asset and mobile workforce management solutions to over 4,000 customers worldwide.
The Riverside Company has backed Tate’s Bake Shop, a premium cookie and baked goods provider based in Southampton, New York. Golub Capital, Crescent Capital and Triangle Capital provided financing for the transaction. Riverside was advised by Jones Day and Deloitte. TM Capital Corp, an investment banking firm with offices in New York, Boston and Atlanta, served as financial advisor to Tate’s Bake Shop.
BNP Paribas spin-out Glennmont Partners has closed its second fund, Clean Energy Fund II on 500 million euros ($656 million) exceeding its target of 450 million euros.
The Resolute Fund II, a private equity fund managed by The Jordan Company II, is selling Casco Automotive Group, a division of Cap-Con Automotive Technologies to Amphenol Corporation. The Resolute Fund II acquired Cap-Con Automotive Technologies Group in November 2012.
Vygon Group has acquired Medwin, a company based in southern France, specialized in feeding pumps and related accessories. The financial terms of the agreement were not disclosed. Vygon is a medical devices group.
DN Capital has raised $200 million for its third venture capital fund, GVC III. The fund is dedicated to investing in early and growth stage companies in northern Europe.