US healthcare-focused private equity firm Martis Capital Management has opened an office in Miami, marking its third location after Washington, DC and San Francisco. 

As part of the opening in Coconut Grove, Martis has added Beth Dresdale as a principal on its value creation team and David Muckey as a director on its investment team. 

Dresdale was previously a principal at Incline Equity Partners. She also led sales and commercial operations at healthcare services company A Place for Mom, having started her career at McKinsey & Company and Centerview Partners. 

Muckey previously served as a vice president at Gemspring Capital and a vice president at Vector Capital, having started his career at Lazard Freres & Co. 

Offshore law firm Carey Olsen has promoted Michelle Falcucci, Richard Sykes, Tim Bamford, Rachel De La Haye, Andrew Tually and Nienke Malan, with effect from 1 July. 

The firm said that the promotions bring its total number of partners to 84.   

Falcucci joined Carey Olsen in 2019 from the London office of international law firm Reed Smith. She advises on Bermuda corporate and commercial law, focusing on insurance regulatory and transactional matters. She also has experience in mergers and acquisitions, debt and equity financing and alternative risk financing transactions involving insurers and insurance groups. 

Sykes joined the firm in 2021, having previously led the real estate and development in-house legal team of Dart, the largest real estate and hotel developer in the Cayman Islands. He advises on Cayman real estate, development and all aspects of local leasing and licensing, with a focus on complex real estate transactions and structuring. 

Bamford has been with Carey Olsen since 2002 and advises on corporate and commercial litigation, focusing on complex international commercial disputes, banking and finance disputes, corporate restructuring and insolvency, regulatory actions and intellectual property matters.                   

De La Haye joined the firm full-time in 2013. Her practice focuses on investment funds, particularly in their establishment, regulation and operation, as well as on general corporate and regulatory issues and banking and financing transactions. She also advises on capital markets, particularly in respect of LSE, NASDAQ and NYSE listed clients. 

Tually joined Carey Olsen in 2007 and has experience in the structuring, formation and regulation of Guernsey open and closed-ended collective investment schemes investing in private equity, venture capital, real estate, infrastructure and hedge funds. He also advises on corporate and M&A transactions, including court-sanctioned schemes of arrangement, group restructures and migrations. 

Malan joined Carey Olsen in 2016 and advises on the establishment, structuring, regulation and launch of investment funds, negotiating and drafting commercial agreements and advising on the sale and financing of structures holding international real estate. 

Gibson, Dunn & Crutcher has added Brian Scrivani as a partner and member of its M&A and private equity practice groups, based in New York. 

Scrivani was most recently a partner at international law firm Paul, Weiss, Rifkind, Wharton & Garrison. 

Scrivani advises private equity firms and public and private clients on leveraged buyouts and other private equity transactions, public company acquisitions, sales and divestitures and mergers of equals. He also advises boards of directors and special committees on corporate and securities laws as well as fiduciary and corporate governance matters, including unsolicited offers and proxy contests. 

Japan raised $11.8bn in 2023, a 13.4% increase over 2022 which was primarily driven by several substantial private equity fund closures, according to the Alternatives in APAC 2024 report from private markets data provider Preqin. 

Japan’s favourable interest rates and a weaker yen contributed significantly to this growth, pushing private capital deal values to a five-year high of $34.8bn. This figure not only surpassed the previous peak in 2021 but also positioned Japan nearly on par with China as one of the most active private equity markets in the Asia-Pacific region. 

Preqin analysts also maintain a positive long-term outlook for India’s market, noting that over the past five years, private capital in India has doubled, while the country now boasts the largest single-country AUM in private debt within the APAC region. 

Jolt Capital, a private equity firm specialising in European growth deeptech investments, has added Valéry Talma as Managing Director US – Investor Relations to its investor relations team. 

In his new role, Talma will lead US fundraising efforts and participate in the M&A and exit programme for the firm’s existing portfolio.  

Talma was most recently President and Chief Revenue Officer at QueensField AI Technologies, where he led the development, marketing and sales of AI and quantitative investment products and services to asset managers, TAMPs and RIAs.

He started his career as a banker at JP Morgan, UBS and Crédit Agricole CIB, in Paris and London, executing over $70bn worth of transactions in M&A, debt and equity capital markets and structured finance.

He later served as Head of Investment Banking at HSBC in Saudi Arabia and as Deputy General Manager at Gulf Bank in Kuwait. In 2018, Talma moved to Silicon Valley, executing venture capital investments for family offices and serving as CEO of quantitative investment company Merlyn.AI.

Jolt Capital’s investor relations team is led by Paris-based General Partner and Chief IR Officer Eric Arnould.  

In a statement, Jean Schmitt, President and Managing Partner said that Talma’s appointment emphasised “how strategic the [Silicon Valley] region is for Jolt Capital”, given the opening of its North American headquarters in Montreal earlier this month. 

Growth capital investor BGF has invested £11.5m in UK leisure and hospitality EPOS solution provider Tevalis. The deal was led by Rob Johnson and James Baker from BGF’s Yorkshire and North East team.   

As part of the deal, Rob Caul has been appointed as a non-executive chair. Caul previously founded, scaled and oversaw HR software business Kallidus through multiple rounds of PE investment.  

According to a statement, Tevalis hopes to treble recurring revenues over the next three to five years, supported by BGF’s investment in sales and marketing, product and partners, as well as international expansion opportunities.  

Tevalis was founded in 2005 by CEO James Cook and works with leisure and hospitality operators including Village Hotels, Boxpark, EG Group, Colchester Zoo and Ben & Jerry’s. The company’s electronic point of sale platform combines order and pay, kitchen, stock and cash management modules, with business analytics and reporting tools, as well as various third-party integrations. 

BGF was advised by Squire Patton Boggs and BDO. Tevalis was advised by PwC and Addleshaw Goddard.