HarbourVest Global Private Equity

Northern Trust Named Best Private Bank for Family Offices and Succession Planning

Retrieved on: 
Friday, November 10, 2023

Northern Trust, a leading provider of wealth management services, has taken top honors in two categories from Professional Wealth Management and The Banker magazines, publications of the Financial Times Group:

Key Points: 
  • Northern Trust, a leading provider of wealth management services, has taken top honors in two categories from Professional Wealth Management and The Banker magazines, publications of the Financial Times Group:
    “Best Private Bank for Family Offices, U.S.”
    “Best Private Bank for Succession Planning, U.S.”
    In addition, Northern Trust was named Highly Commendable for the categories Best Private Bank in the U.S. and Best Private Bank for Wealthy Women, North America.
  • “There were several initiatives from Northern Trust which the judges felt worthy of note,” said Yuri Bender, editor-in-chief of Professional Wealth Management.
  • “Firstly, the role of the Northern Trust Institute in providing research and advice for both advisers and clients is a valuable asset for the business.
  • Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses.

FE International Releases Bi-Annual SaaS Report

Retrieved on: 
Tuesday, August 29, 2023

NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) -- FE International, Inc. , the global market leader in mid-market technology mergers and acquisitions (M&A), today released its 2023 SaaS Mid-Year Report, focusing on the industry’s rapidly changing landscape, increase of SaaS M&A volume, near record-levels of Private Equity (PE) dry powder, and the stabilization of SaaS M&A multiples.

Key Points: 
  • NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) -- FE International, Inc. , the global market leader in mid-market technology mergers and acquisitions (M&A), today released its 2023 SaaS Mid-Year Report, focusing on the industry’s rapidly changing landscape, increase of SaaS M&A volume, near record-levels of Private Equity (PE) dry powder, and the stabilization of SaaS M&A multiples.
  • FE International reports the market is recovering well, with transaction volumes increasing more than 22% in 2023 compared to Q4 2022.
  • Investors are taking chances on generative AI as it consistently thrives in this inconsistent market,” said Thomas Smale, CEO of FE International.
  • The 2023 SaaS Mid-Year Report is now available for download: click here .

EY announces the appointment of two leaders to the Global Private Equity leadership team

Retrieved on: 
Thursday, March 30, 2023

LONDON, March 30, 2023 /PRNewswire/ -- EY today announces two appointments to the EY Global Private Equity leadership team.

Key Points: 
  • LONDON, March 30, 2023 /PRNewswire/ -- EY today announces two appointments to the EY Global Private Equity leadership team.
  • Konstanze Nardi has been named as the EY Global Private Equity Exit Readiness Leader and Will Rhode as EY Global Private Equity ESG Leader.
  • Bridget Walsh, EY Global Private Equity Leader, says:
    "I am delighted about the appointment of Will and Konstanze, and I am confident they will add tremendous strength to the EY Global PE leadership team.
  • Based in London, UK, Konstanze Nardi will take on the role of EY Global Private Equity Exit Readiness Leader, with immediate effect.

EY announces the appointment of two leaders to the Global Private Equity leadership team

Retrieved on: 
Thursday, March 30, 2023

LONDON, March 30, 2023 /PRNewswire/ -- EY today announces two appointments to the EY Global Private Equity leadership team.

Key Points: 
  • LONDON, March 30, 2023 /PRNewswire/ -- EY today announces two appointments to the EY Global Private Equity leadership team.
  • Konstanze Nardi has been named as the EY Global Private Equity Exit Readiness Leader and Will Rhode as EY Global Private Equity ESG Leader.
  • Bridget Walsh, EY Global Private Equity Leader, says:
    "I am delighted about the appointment of Will and Konstanze, and I am confident they will add tremendous strength to the EY Global PE leadership team.
  • Based in London, UK, Konstanze Nardi will take on the role of EY Global Private Equity Exit Readiness Leader, with immediate effect.

OKYO Pharma Limited announces U.S.$5.74 million Global Private Placement and investment by directors and members of senior management

Retrieved on: 
Tuesday, March 14, 2023

LONDON, March 14, 2023 (GLOBE NEWSWIRE) -- OKYO Pharma Limited (Nasdaq: OKYO; LSE: OKYO) ("OKYO" or the "Company"), an ophthalmology-focused bio-pharmaceutical company developing OK-101 to treat dry eye disease ("DED") to address the significant unmet need in this multi-billion-dollar market, is pleased to announce a "reasonable best efforts" offering of its American Depositary Shares ("ADSs") on the Nasdaq Capital Market (the "U.S. Offering") and a subscription for new ordinary shares of no par value (the "Ordinary Shares") (the "Subscription" and, together with the U.S. Offering, the "Global Private Placement").

Key Points: 
  • There will be no offer of New ADSs or Subscription Shares to the public in any EEA member state.
  • There will be no offer of New ADSs or Subscription Shares to the public in the UK.
  • The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Global Private Placement.
  • Each distributor is responsible for undertaking its own target market assessment in respect of the New ADSs and/or the Subscription Shares and determining appropriate distribution channels.

Private Equity Firms Expect Middle-Market Dominance in 2023 as Monetary Tightening Drives Deal Volumes and Values Down, Yet Fundraising Still Outstrips Pre-Pandemic Levels

Retrieved on: 
Monday, November 28, 2022

NEW YORK, Nov. 28, 2022 /PRNewswire/ -- Rising leverage costs and volatile valuations driven by economic downturns and increasingly tight monetary policy are the greatest challenges facing the private equity industry, according to the 2023 Dechert Global Private Equity Outlook report.

Key Points: 
  • 37% of respondents believe retail access to PE vehicles will expand as an after effect of the COVID-19 crisis.
  • 63% of PE firms are planning to make a GP-stake divestiture in the next 24 months.
  • 51% of the respondents have increased their use of private credit to finance buyouts in the last three years.
  • In order to qualify for inclusion, the firms all needed to have US$1bn or more in assets under management.

Carlyle Aviation Partners’ Fly Leasing to Announce Third Quarter 2022 Financial Results and Host Investor Call

Retrieved on: 
Wednesday, November 23, 2022

MIAMI andDUBLIN, Ireland and SINGAPORE, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Fly Leasing Limited (Fly Leasing), a subsidiary of SASOF V which is managed by an affiliate of Carlyle Aviation Partners Ltd., today announced that it will release financial results for the third quarter of 2022 on November 29, 2022, and host a conference call on December 12, 2022, at 9:00 a.m EDT.

Key Points: 
  • MIAMI andDUBLIN, Ireland and SINGAPORE, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Fly Leasing Limited (Fly Leasing), a subsidiary of SASOF V which is managed by an affiliate of Carlyle Aviation Partners Ltd., today announced that it will release financial results for the third quarter of 2022 on November 29, 2022, and host a conference call on December 12, 2022, at 9:00 a.m EDT.
  • To view the full call notification, review the quarterly financial results and participate in the conference call, please log onto the iDeals reporting site at: https://www4.idealsvdr.com/v3/Fly_Financials_Reporting .
  • Fly Leasing Limited leases its aircraft under multi-year operating lease contracts to a diverse group of airlines throughout the world.
  • Carlyle Aviation Partners is the commercial aviation investment and servicing arm of Carlyle's$141 billionGlobal Credit platform.

Carlyle Secured Lending, Inc. Announces Third Quarter 2022 Financial Results, Declares Total Fourth Quarter 2022 Dividends of $0.44 Per Share and Increases Quarterly Base Dividend Rate Again

Retrieved on: 
Tuesday, November 8, 2022

The combination of higher base rates, our stable portfolio and the current deployment environment enabled us to deliver growth in our core earnings.

Key Points: 
  • The combination of higher base rates, our stable portfolio and the current deployment environment enabled us to deliver growth in our core earnings.
  • Based on these factors, we increased both our base and supplemental dividend rates for the fourth quarter.
  • Net investment income for the third quarter of 2022 was$0.58per common share, and net asset value per common share increased by 2.1% for the third quarter to $17.16 from $16.81 as of June 30, 2022.
  • The Company will host a conference call at 10:00 a.m. EST on Wednesday, November9, 2022 to discuss these quarterly financial results.

CNSI and Kepro Announce Merger to Create Leading Healthcare Solutions Company

Retrieved on: 
Wednesday, November 9, 2022

MCLEAN, Va. and NASHVILLE, Tenn., Nov. 9, 2022 /PRNewswire/ -- CNSI, a leading provider of innovative healthcare technology products and solutions, and Kepro, a leading provider of technology-enabled care management, quality oversight, and clinical assessment services announced an agreement to merge. The combined company will help government-sponsored healthcare agencies and payers expand healthcare access, enhance quality, improve health outcomes, and lower costs through its clinical services, provider management, health claims and encounter processing, interoperability, and health analytics services and solutions. CNSI is backed by funds advised by global investment firm Carlyle (NASDAQ: CG), and Kepro is a portfolio company of funds advised by Apax Partners LLP ("Apax Funds"), which will be exiting its investment through this transaction.

Key Points: 
  • The combined company will help government-sponsored healthcare agencies and payers expand healthcare access, enhance quality, improve health outcomes, and lower costs through its clinical services, provider management, health claims and encounter processing, interoperability, and health analytics services and solutions.
  • "Kepro gains a partner with extensive large-scale, systems implementation experience, and CNSI gains a partner with deep clinical expertise.
  • Centerview Partners acted as an investment advisor to Kepro and Apax, and Kirkland & Ellis served as legal advisor to both Kepro and Apax.
  • Kepro partners with government and private healthcare payers to maximize healthcare quality, improve accuracy, and increase efficiency.

Northern Trust Named Best Private Bank in U.S., Best Bank Globally for Family Offices and Best for Innovation

Retrieved on: 
Friday, November 4, 2022

Northern Trust Wealth Management President Steven L. Fradkin said the recognition highlights the collaborative efforts at Northern Trust to provide seamless service to clients across 25 countries, including family offices, family foundations, high-net-worth individuals and private trust and investment companies.

Key Points: 
  • Northern Trust Wealth Management President Steven L. Fradkin said the recognition highlights the collaborative efforts at Northern Trust to provide seamless service to clients across 25 countries, including family offices, family foundations, high-net-worth individuals and private trust and investment companies.
  • In addition to the Best Private Bank in the U.S. award and Best Private Bank for Innovation, Northern Trust was recognized for its Global Family and Private Investment Offices (GFO).
  • Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses.
  • Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S.