All news

Closed sign

H.I.G. Bayside Capital closes USD1.1bn loan opportunity fund

Wed, 08/09/2010 - 13:06
H.I.G. Bayside Capital, an affiliate of private equity firm H.I.G. Capital, has closed H.I.G. Bayside Loan Opportunity Fund II, a special situation loan fund focused on distressed transactions. »

New York

Sheryl Schwartz joins Perseus as a senior managing director

Wed, 08/09/2010 - 12:22
Sheryl Schwartz, formerly a managing director at TIAA-CREF, has joined Perseus as a senior managing director working in its New York office. »

Computer screen

Susquehanna Growth Equity and Brad Galle acquire JK Group

Wed, 08/09/2010 - 12:03
Susquehanna Growth Equity and technology services veteran Brad Galle have acquired the JK Group, a provider of technology solutions for corporate philanthropic management programmes. »

Jonathan Brod, partner at Next Wave Partners

Next Wave Partners funds merger of SPA and Future Thinking

Wed, 08/09/2010 - 11:35
Private equity investor Next Wave Partners has funded the merger of market research consultancies SPA and Future Thinking, formerly known as The Oxford Research Agency. »

Glasses

DN Capital leads EUR7m growth investment in Mister Spex

Wed, 08/09/2010 - 11:08
DN Capital, a media and technology early stage and growth capital investor, has led a EUR7m growth investment in Mister Spex, Germany's largest online retailer of eyewear. »

Cells

Endomagnetics raises GBP770,000 from UCL Business and Sussex Place

Wed, 08/09/2010 - 10:29
Endomagnetics, a medical device company that helps surgeons track the spread of breast cancer, has raised GBP770,000 from a syndicate led by UCL Business and Sussex Place Ventures.  »

James J. Moriarty, partner, Kramer Levin

Kramer Levin expands private equity practice

Wed, 08/09/2010 - 10:09
Law firm Kramer Levin Naftalis & Frankel has expanded its private equity practice with the addition of James J. Moriarty and Russell J. Pinilis as partners in the firm’s New York office. »

Yoram Salinger, chief executive of Red Bend Software

Red Bend Software acquires VirtualLogix

Wed, 08/09/2010 - 09:30
Red Bend Software, a provider of mobile software management, has acquired VirtualLogix, a provider of real-time virtualisation technology for mobile handsets in which DFJ Esprit was a significant minority shareholder. »

Yves Cornellier, president and chief executive officer of Alethia

Alethia Biotherapeutics secures CAD9.6m led by AgeChem, BDC and GO

Wed, 08/09/2010 - 06:12
Alethia Biotherapeutics, a Montreal-based biopharmaceutical company focused on the development of monoclonal antibodies, has closed a CAD9.6m series A round of financing. »

Board of directors

Accipiter to nominate two for Orchid Cellmark board

Wed, 08/09/2010 - 05:06
Orchid Cellmark and Accipiter Capital Management have reached an agreement in connection with the nomination of candidates for election to Orchid Cellmark's board of directors. »

Coal mine

Yorkville’s Mountain Hawk acquires 50 per cent share of coal bed methane field

Tue, 07/09/2010 - 15:19
Mountain Hawk Energy, a company focused on the acquisition, exploration and development of coal bed methane in Wyoming’s Powder River Basin, has acquired a 50 per cent share of the Clabaugh coal bed gas field from Marathon Oil.  »

Canadian flag

Canadian venture capital industry's decline intensifies

Tue, 07/09/2010 - 14:47
Venture capitalists in Canada expect their industry to contract further while those in emerging markets, including China, India and Brazil, expect to see theirs expand over the next five years, according to a survey by Deloitte, Canada's Venture Capital & Private Equity Association and several other industry associations. »

Cars

Graphite Capital leads GBP130m MBO of U-POL

Tue, 07/09/2010 - 14:01
Graphite Capital, a UK mid-market private equity firm, has completed the GBP130m management buy-out of U-POL, a provider of automotive refinish products, from private equity investor AAC Capital Partners. »

People shaking hands

GE Capital appoints president of European leveraged finance business

Tue, 07/09/2010 - 13:11
James Fenner has been named president and chief executive for GE Capital’s leveraged finance business, subject to regulatory approval.  »

Steve Mahon, chief investment officer of Low Carbon Investors

Low Carbon Accelerator expects 15 to 20 per cent increase in net asset value

Tue, 07/09/2010 - 11:14
Low Carbon Accelerator, an AIM-listed venture capital fund focused on the low carbon sector, expects to announce a 15 to 20 per cent uplift in net asset value at the end of October due to strong sales figures from portfolio company Proven Energy. »

Pens

Bridges Ventures sells The Office Group to Travelex founder

Tue, 07/09/2010 - 05:09
Travelex founder Lloyd Dorfman has funded the management buyout of Bridges Ventures’ majority stake in serviced offices business The Office Group in a deal worth GBP43.3m. »

Beautiful view of Malta

At the forefront of global investment trends

Mon, 06/09/2010 - 15:22
 Malta is gaining momentum. »

sunset view of Malta

Strongly placed for funds targeting European investors

Mon, 06/09/2010 - 15:19
 Talk about the elephant in the room. The Alternative Investment Fund Managers directive surely has the largest ears and the longest trunk of the species. »

Solar energy

Axa Private Equity invests in JIT Solaire

Mon, 06/09/2010 - 11:10
Axa Private Equity has made an investment in JIT Solaire, a specialist player in photovoltaic energy. »

Bag of vegetables

Actis invests USD58m in Brazilian supermarket chain operator

Mon, 06/09/2010 - 05:18
Actis, the emerging markets private equity firm, has invested USD58m in Companhia Sulamericana de Distribuicao, the operator of Brazilian supermarket chains Sao Francisco and Cidade Cancao. »