Private Equity group Hg, the manager of HgCapital Trust has revealed plans to invest, alongside Claude creators Anthropic and angel investors in a new AI transformation company to help European companies advance responsible AI adoption and product innovation. The terms of the transaction are not dis
Private Equity
Private Equity group CVC Capital Partners is establishing a base in Edinburgh, in a boost to the city’s asset management sector. Our sister website Daily Business broke the news of the new office in South Gyle will be home to 20 employees as the firm builds its presence in the city a
A senior Aberdeen Investments director has warned the UK is in “danger” of developing “takeover fatigue” following the “unprecedented scale” of takeover activity in the UK market. Ian Hewett voiced concerns over the lack of discussion around the £1bn takeove
Partners Group Private Equity has entered a managed wind-down after 99.9% of shareholders voted in favour of realising all the assets of the £457m investment company at an extraordinary general meeting yesterday. Just over 62% of shareholders turned out to vote on the resolution to wind down t
Partners Group Private Equity shareholders have voted to wind down the trust and realise their shares. At a meeting in September, more than 74% of shareholders chose to wind down the trust instead of backing a motion for a dual share class structure.
Private equity investment firm Triton Partners has agreed to sell energy transformation and critical infrastructure services platform OCU Group to TDR Capital. Terms of the transaction, which is subject to regulatory approvals and other closing conditions, have not been disclosed. Since acquiring OC
Takeover talks for Monzo have heated up as private equity group Advent International held separate talks about buying a minority stake, alongside other buyout firms, in the challenger fintech, it has been reported. It comes after reports that the board of the bank was in early-stage talks over a sal
The British Business Bank and NatWest (RBS) are investing alongside HSBC and M&G in venture capital firm Phoenix Court. The investment is the latest move to get more capital into promising young businesses.
Private equity firms Warburg Pincus and Clayton Dubliner & Rice (CD&R) are in advanced talks to buy Canaccord Wealth. The firms are discussing a joint takeover of Canaccord Genuity's British Wealth arm and have emerged as the leading bidder as part of an auction process launched by the group
Caledonian Holdings has revealed plans to issue another set of shares to repay part of a loan it received from Yorkville Advisors Global. The AIM-listed firm, which is aiming to build an integrated financial services group, said in a statement that it had raised £644,147 through the sale of 41
HgCapital Trust has reported a decrease of 4.9% in its net asset value (NAV) to 530.7 pence per share, despite a strong first half for 2026 across its portfolio. The firm reported net assets of £2.4bn, with its share price seeing a sharp decline of 24.9% on a total return basis, and market cap
YFM Equity Partners has appointed Oliver McRae as investment director in its Yorkshire team.
Partners Group Private Equity (PGPE) has revealed that its net asset value per share rose by 0.1% in July, as a 0.3% gain in portfolio revaluations was almost entirely cancelled out by a 0.3% currency loss, suggesting the underlying business barely moved. Separately, PGPE received EUR 4.7 million in
The UK economy grew by 0.4% in July, faster than analysts’ expectations, and offering some relief to battered markets. Some economists had predicted no growth and the latest figure builds on growth of 0.3% in June and zero growth in May.
Baillie Gifford, Aberdeen Group and BlackRock lead the pack with multiple nominations at this year's Scottish Financial Services Awards shortlist, which has just been revealed. The flagship industry celebration recognises the contribution that both firms and their people have made to the financial s
