Month: March 2026

Littlejohn adds veteran PE executive to senior leadership team

Littlejohn & Co, a private investment firm based in Greenwich, CT, has appointed Shant Mardirossian as managing director, chief operating officer, and head of strategic initiatives.

Elliott Management has £200m exposure to collapsed lender MFS

US hedge fund Elliott Management has an estimated £200m exposure to UK specialist lender Market Financial Solutions (MFS) which collapsed last week sparking renewed concerns over underwriting standards across the asset-backed private credit market, according to a report by the Financial Times.

Qomply set to open office in Hong Kong

The Hong Kong launch builds on Qomply’s expansion into the US last year to support Commodity Futures Trading Commission reporting obligations

Charterhouse raises €1bn first close for CCP XII

Charterhouse Capital Partners has secured approximately €1bn at the first close of its latest flagship fund, according to a report by Bloomberg citing people familiar with the matter. The firm is targeting €1.5bn for Charterhouse Capital Partners XII, with a final close expected in the coming months.

Funds-Axis appoints Machin as COO

As chief operating officer, Chris Machin will lead operational strategy, client delivery, platform scalability, and organisational development to support Funds-Axis’ expanding global footprint

Middle East conflict prompts hedge funds to reassess emerging market exposure

Hedge funds are re-evaluating their positions in emerging markets following US and Israeli strikes on Iran, which have rattled equities and currencies across developing economies, according to a report by the Financial Times.

Stocks making the biggest moves premarket: Target, Best Buy, On Holding, MongoDB & more

These are the stocks posting the largest moves in early trading.

Former IFM team launches Black Kite Partners with AUD500m fund

Three former members of IFM Investors’ private equity unit have launched a new investment firm, raising AUD500m ($353m) for their debut vehicle, according to a report by Bloomberg. David Odgers, Adrian Kerley, and Stuart Wardman-Browne have established Black Kite Partners, a private markets manager focused on technology.