Staff Writer

Nasdaq Private Market has launched a platform to let HNWIs trade stakes in private equity feeder funds.

The 10 largest fund closes last year raised $92bn, surpassing the $86bn in 2015 and showing the asset class continues to attract capital in a low-growth environment.

The Canadian insurer has acquired the only timberland asset held by infrastructure fund manager Palisade.

Caroline Weir, a former partner and financial controller at NewSmith Asset Management, has joined the placement agent in London.

Ari Levine, who covered marketing and communications for 21 Partners in France, has joined Unigrains in the newly created role.

Palladium’s acquisition of a significant stake in California-based Del Real Foods was backed with a $121m senior debt facility arranged by Antares.

Bruce Zimmerman announced his resignation on Monday with no immediate successor.

The appointment of Australia’s Foreign Investment Review Board chairman by buyout firm Carlyle had raised concerns about conflicts of interest.

The financing programme targets farm machinery upgrades and more energy efficient infrastructure.

Cargill has reported an increase in net earnings driven largely by consumer demand for beef.