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News
Fascinating new chapters for two Scottish financial heavyweights
14+ hour, 12+ min ago (905+ words) It has been interesting to watch the latest developments at Standard Life and at the financial giant formerly known by that name, both based in Edinburgh. The fund management business previously known as Standard Life Aberdeen, created by the merger…...
Ares names James Garforth principal for Asia direct lending
13+ hour, 17+ min ago (144+ words) HONG KONG, Sept 14 (Reuters) – Ares Management Corp, a global alternative investment manager, has appointed James Garforth as principal in its Asia direct lending business, according to an internal memo seen by Reuters on Monday. Here are some details: • Garforth joins…...
Council chiefs claim private companies are 'profiteering' from Norfolk's children
12+ hour, 57+ min ago (682+ words) Private care providers are raking in excessive profits from looking after Norfolk's vulnerable children, senior council officials have warned. A hard-hitting report into 'profiteering' within children's social care was presented to councillors at Norfolk County Council, with officials revealing some…...
Hercules Capital’s Investment Adviser Surpasses $2.3B in Investable Capital
8+ hour, 54+ min ago (306+ words) ABF Journal Hercules Adviser, the wholly-owned registered investment adviser of Hercules Capital, has surpassed $2.3 billion in investable capital The milestone follows the closing of equity commitments across its newest institutional private credit vehicles Hercules Evergreen Fund (a perpetual, open-end fund)…...
Ares appoints James Garforth as Asia direct lending principal
9+ hour, 17+ min ago (146+ words) Ares appoints James Garforth as principal in Asia direct lending UA.NEWS Global alternative investment management firm Ares Management Corp has appointed James Garforth as a principal in its Asia direct lending business. Channel NewsAsia reports, citing an internal company…...
FleetPartners takeover race narrows to three as Sumitomo joins the hunt
16+ hour, 26+ min ago (993+ words) The FleetPartners takeover contest has entered a more serious phase, and the latest update confirms something the market already suspected: there is real strategic value in this business. SG Fleet, ORIX and the Sumitomo Consortium have all returned with higher…...
EQT launches Asia evergreen vehicle
1+ day, 1+ hour ago (503+ words) Best of the Best Awards EQT has launched its EQT Nexus Asia, an Asia Pacific-focused evergreen strategy designed to offer exposure to the company’s existing Asia Pacific private capital portfolio. The projected annual return, net of fees and other expenses,…...
Winckworth Sherwood appoints finance partner
21+ hour, 53+ min ago (359+ words) Published by Bdaily Bdaily Business News on 13 Sep 2026 Law firm Winckworth Sherwood has appointed Sean Houlihan as partner in its banking and finance team, adding further senior expertise to its growing Manchester office. Sean joins from Pinsent Masons, where he…...
Hong Kong private equity firms seek control deals
16+ hour, 39+ min ago (626+ words) Buyout transactions hit $165.4b this year, double the value of growth investments. Hong Kong private equity firms are pursuing more buyouts and controlling stakes as pressure grows to return cash to fund investors after several years of slower exits across Asian…...
Ashurst Perkins Coie hires private capital partner from HSF Kramer
12+ hour, 10+ min ago (118+ words) [Bookmark This]Save (0) Please login to bookmark[Click to close bookmark panel/modal] Close Username or Email Address Password Remember Me Growing its global private capital team, Ashurst Perkins Coie has lured a senior funds partner from Herbert Smith Freehills…...