SVPGlobal Names Sujan Patel as Head of Real Estate
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GREENWICH, Conn., Dec. 22, 2020 /PRNewswire/ Strategic Value Partners, LLC and its affiliates ( SVPGlobal ), a global investment firm focused on distressed debt and private equity opportunities with approximately $10 billion in assets under management, today announced that Sujan Patel has joined the firm as Head of Real Estate. Mr. Patel, who assumed his new role earlier this month, will also serve on SVPGlobal s 16-person Management Council.
Prior to joining SVPGlobal, Mr. Patel served as Managing Director and Co-Head of U.S. Investment Management at Colony Capital Inc., which resulted from Colony s purchase of NorthStar Asset Management and NorthStar Realty Finance in January 2017. Mr. Patel cut his teeth in the business at the NorthStar companies, where he served as Managing Director and Co-Head of Investments, working at the firm from 2007 to 2017. At NorthStar, he
Capita plc - Agreement to sell Education Software Solutions
PR Newswire
Agreement to sell Education Software Solutions
Capita plc ( Capita ) today announces that it has agreed to sell its Education Software Solutions ( ESS ) business to Tiger UK Bidco Limited, a newly formed company established by funds advised by Montagu Private Equity ( Montagu ), in a deal that values ESS at up to £400m.
ESS is a standalone provider of management information system (MIS) and related software for the education sector.
Part of the consideration agreed is for Montagu to assume liabilities such as working capital and debt worth £57m. Montagu will pay £298m on completion, expected early in 2021.
Notes: This announcement contains inside information for the purposes of the Market Abuse Regulation (EU) No. 596/2014 LEI Number: 213800KW6MZUK12CQ815 1 About Oakley Capital Investments Limited ( OCI ) OCI is a Specialist Fund Segment ( SFS ) traded investment vehicle that aims to provide shareholders with consistent long-term capital growth in excess of the FTSE All-Share Index by providing liquid access to private equity returns through investment in the Oakley Funds 2 . Oakley Capital, the Investment Adviser Founded in 2002, Oakley Capital Limited has demonstrated the repeated ability to source attractive growth assets at attractive prices. To do this it relies on its sector and regional expertise, its ability to tackle transaction complexity and its deal generating entrepreneur network.