By Ian Kelly (pictured), Augentius – Too many private equity firms are vastly underestimating their vulnerability to cyberattacks. While most managers are still implementing basic cybersecurity measures, criminals are eyeing them up for attacks that showcase a higher level of brazenness and financial intellect.
General partners (GPs) in the alternative investment industry now have a single app that combines CRM tailored for capital raising and investor relations with global institutional investor intelligence.
Tethys Investments has become a full member of the Emerging Markets Private Equity Association (EMPEA), joining the ranks of more than 300 PE funds (including a few PE funds from the Eastern Europe and Central Asia region) with USD5 trillion assets under management.
Bowmark Capital, a mid-market private equity firm, is backing the buy-out of ASK4 Limited, a fast-growing internet solutions provider.
Funds managed by private equity firm Stone Point Capital (Stone Point) are to buy a majority interest in Genex Services (Genex), a provider of cost containment services to the workers’ compensation, disability and auto industries, from funds advised by Apax Partners.
Law firm Paul Hastings has advised Madison Energy, a division of Chicago-based Madison Industries, on the acquisition of the Centek Group.