Nicole Miskelly

The firm’s investment in French truck company Chereau alongside Edmond de Rothschild Investment Partners, Massena Partners and Miura, coincides with six promotions at the fund of funds manager.

South Korea has made reforms to regulation around private funds in order to reduce restrictions for managers.

The growth equity firm has announced promotions across its five offices.

The new independent fiduciary business will be led by Jersey-based former Appleby partner Farah Ballands.

The investment in the cybersecurity company is understood to be the firm’s sixth deal this year as it strives to grow its portfolio in Europe.

The sale follows the exit of nine investments already made by the firm in the first half of its financial year as it continues to trim its portfolio.